Over $1,000,000 spent in upgrades on this rare opportunity to own this amazing 20 Acre Ranch known as Rancho Royale! Additional rental income of approx. $14,000 monthly income stream. The property is comprised of two contiguous 10 acre parcels with separate APN's and each with their own single family residence that combined make this a truly unique and rare ranch suitable for so many potential uses. Let your imagination run wild and turn your dream into reality as this flat 20 acre property provides both the footprint for your vision while generating a substantial income stream. Currently set up as a fully equipped Equine Facility with Five Arenas, Three Round Pens, Two Large Barns both English and Western as well as two 6 stall barns, Newer Hay Barn, Managers Office, Workshop and so much more. This property is well located and is only a 15 minute drive from downtown Ojai or the Pacific Ocean! The Owners Main Residence has been renovated from top to bottom with all the comforts of a new home. Upgrades include remodeled Kitchen with granite counters, tastefully remodeled bathrooms, manufactured wood-like flooring throughout, vaulted ceilings and recessed lighting. The main home also includes a 1445 sq.ft. remodeled rental apartment which sits above the two-car garage and the large second home is located on the 2nd parcel and is currently rented with a long term tenant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
