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$1,350,000
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Property Description
Positioned on a scenic hillside in Ojai, this property offers a rare blend of privacy, views, and long-term upside in one of the area's most desirable settings. With sweeping mountain vistas and vibrant sunset exposures, the location alone makes this a standout opportunity for both homeowners and investors.The two-story home features a light-filled interior with large windows and sliding glass doors that frame the surrounding landscape. An expansive upper deck takes full advantage of the elevated setting, perfect for enjoying Ojai's signature sunsets or entertaining guests.The property also includes a detached studio and an additional outbuilding, offering flexible space for a variety of uses such as guest accommodations, creative workspace, or endless possibilities to suit your needs (buyer to verify). Outdoor areas include terraced sections and established landscaping, creating a natural extension of the living space.Conveniently located just minutes from downtown Ojai, this property presents an opportunity to enjoy as-is while also offering room to personalize and enhance over time. A compelling option for those looking to invest in both lifestyle and value in a highly sought-after market.
Full Property Details
Full Property Details for 587 N Rice Rd
General
- Price: $1,350,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: V1-36237
- Updated: 6/19/2026
- Days on Market: 48 days
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Sun, Workshop
- Interior Features: Balcony, Pull-Down Stairs to Attic, Central Vacuum
- Fireplace: Yes
- Fireplace(s): Gas Starter
- Eating Areas: In Kitchen
- Appliances: Refrigerator, Gas Range, Double Oven, Gas Oven, Dishwasher
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Terrace, Wood, Concrete, Rear Porch, Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Concrete, Automatic Driveway Gate, Off-Street, RV Access/Parking
Location
- County: Ventura
- Driving Directions: Contact listing agent, then go direct.
- Direction Faces: Northeast
Community
- Community Features: Valley, Horse Trails, Biking, Hiking
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Construction: Wood Siding
- Foundation: Raised
- Roof: Composition
- Common Walls: No Common Walls
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,048
- Sq. Ft. Source: Public Records
- Year Built: 1990
- Year Built Source: Public Records
Lot Features
- Property View: Mountain(s), River, Trees/Woods, Valley
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117.2
- Lot Size Source: Public Records
- Lot Description: No Sprinklers, Sloped Down
Financial Considerations
- Price Per Sq. Ft.: $659.18
Disclosures and Reports
- Special Conditions: Standard
Listed by Realty ONE Group Summit, Leslie Gillespie
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Schools
Schools serving 587 N Rice Rd
School District:Ojai Unified School District
| Name | Grades | Distance |
|---|---|---|
Mira Monte Elementary School 1216 Loma Drive, Ojai, CA 93023 | K-5 | 1.6 mi |
Matilija Middle 703 El Paseo Road, Ojai, CA 93023 | 6-8 | 1.9 mi |
Nordhoff High School 1401 Maricopa Highway, Ojai, CA 93023 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 587 N Rice Rd
Date
Details
Price
Change
Source
5/23/2026
Price Reduced
$1,350,000
-6.83%
MLS
5/06/2026
Listed
$1,449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 587 N Rice Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,127
3%
$312,879
2%
2024
$4,026
4%
$306,745
2%
2023
$3,880
1%
$300,731
2%
2022
$3,834
1%
$294,835
2%
2021
$3,813
3%
$289,054
1%
2020
$3,719
3%
$286,091
2%
2019
$3,611
1%
$280,483
2%
2018
$3,572
2%
$274,984
2%
2017
$3,511
1%
$269,593
2%
2016
$3,462
1%
$264,307
2%
2015
$3,430
5%
$260,339
2%
2014
$3,279
1%
$255,242
—
2013
$3,240
—
$254,091
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 587 N Rice Rd
587 N Rice Road, Ojai, CA 93023 (MLS# V1-36237) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 587 N Rice Road is currently listed for $1,350,000 and was received on May 06, 2026. Want to learn more about 587 N Rice Road? Do you have questions about finding other Single Family real estate for sale in Ojai? You can browse all Ojai real estate or contact a Coldwell Banker agent to request more information.

