Ventura’s Affordable Luxury Home Markets

Ventura, California is located along the Pacific Coast, about 1 hour north of Malibu, California and about 45 minutes south of Santa Barbara, California.

However, unlike Malibu and Santa Barbara, Ventura offers seaside, ocean view luxury homes for a fraction of the cost!

Somehow, Ventura has remained “off the radar” of most Los Angelinos and Santa Barbarian’s for many years, which has artificially, in my opinion, allowed real estate prices to remain “reasonable” in comparison to other California coastal communities.

Yet, Ventura boasts a moderate Mediterranean climate, little traffic or crime, great schools, many restaurants, shops, theaters and proximity to the Anacapa Islands, and National Forests with their many outdoor activities, as well as numerous uncrowded beaches!

Starting from the high $400k’s, Ventura’s hillsides boast everything from modern, cliff-hanger mansions to 20’s-era Spanish estates, including one of my most recent hillside listings at https://blakemashburn.com/Property/1743-Miramar-Drive-Ventura-California

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1743 Miramar Drive, Ventura, California

Additionally, Ventura offers everything from 1950’s beach bungalows, starting in the $500k+ range to beach front homes at more than $2 million, to Ventura Harbor dock properties, starting in the $900k + range.

Recenlty, I sold the property pictured below, 1313 Beachmont Street, here in Ventura at $1,352,000. This is a main channel home, with a 35 foot boat dock.

As you can see, Ventura offers so much, for so little, in the way of luxury homes in every price range.

Search for Ventura homes.

If ever I can be of assistance to you, whether buying or selling, please feel free to contact me at 805-856-9350 or at [email protected]. Please remember to visit: http://www.BlakeMashburn.com

Ventura, California’s Hillside Homes

With mortgage interest rates at 60 year lows, and with real estate prices at or near what they were in the early 1990’s, NOW is a great time to consider making a move up to a larger, more luxurious home.

Ventura, California offers a quaint, seaside community at a fraction of the cost of it’s two neighboring seaside communities of Malibu, about 1 hour south of Ventura, and Santa Barbara, about 45 minutes north of Ventura.

Additionally, due to Ventura’s unique geography, its gently sloping hillsides offer spectacular ocean and island views.

And unlike Santa Barbara, the Anacapa Islands are so close to Ventura’s shores, about 12 miles offshore, you can litterally see right through the arch at the most southerly end of Anacapa island and the views are stunning!

Plus, you will also enjoy city lights views, as well as Ventura’s beach and pier views!

If you’d like to view some of the lovely hillside and other homes I currently have listed for sale, please click here! https://blakemashburn.com/Properties

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Well, that’s it for now. If ever you do consider making a move to Ventura, California, whether to our spectacular hillside communities including Hobson Heights, Mc Elrea Heights, Ondulando, Skyline Estates and Clearpoint, or our beach communities including Pierpont and Ventura Keys, or historic West Ventura, or beach-close yet affordable Mid-town Ventura, or Ventura’s pristine College District, or Ventura’s affordable East Ventura, please always feel free to call on me. I can be reached at 805-856-9350 or http://www.BlakeMashburn.com

Should I Buy A Home Now?

I’m often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don’t know where the bottom is until you see it in the rear view mirror, meaning until you’ve missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It’s important to live in a home that reflects your taste and values, yet is within your financial “comfort zone.” To that end, it may be more important to lock in today’s relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today’s market.