1308 Devon Lane, Ventura, Residential Income

$ 2,275,000

Overview

  • Updated On:
  • August 28, 2026
  • Property ID
  • 890870
  • 0.09 ft2

Description

Location, location, location. Just six homes from the sand in one of Ventura’s most desirable beachside neighborhoods, this beautifully upgraded Pierpont Beach duplex (upstairs 2b1b & downstairs 1b1b) captures everything people love about coastal living. Move-in ready & ideally situated on sought-after Devon Lane, this rare two-story beach retreat offers ocean views, incredible indoor-outdoor living, & the relaxed lifestyle that makes Pierpont Beach so special. Enjoy a one-minute walk to the ocean and easy access to Ventura State Beach, Ventura Harbor, Marina Park, Downtown Ventura, local restaurants, coffee shops, grocery stores, and vibrant coastal amenities just moments away. Thoughtfully designed and full of character, the upper level features air conditioning for year-round comfort, vaulted ceilings, abundant natural light, beautiful wood flooring, dual-pane windows, custom shutters and blinds, and a spacious open-concept living area that flows seamlessly onto an oversized Trex deck–perfect for entertaining, relaxing, or enjoying the ocean breeze. The upgraded kitchen is both functional and impressive, featuring gorgeous marble countertops, custom cabinetry, high-end Viking appliances, a built-in Miele cappuccino maker, an appliance garage, and generous prep space designed for effortless beach living. Wake up to ocean views from the living room and multiple upper-level decks while enjoying a layout that feels both open and inviting. The home offers plenty of storage, including generous wardrobes, a hall linen closet, a broom closet that could be converted into a laundry room, and a heated Jacuzzi tub. Surrounded by mature landscaping, the tranquil backyard creates the perfect setting for entertaining or simply listening to the waves crash from inside the home. The lower level offers a private 1-bedroom, 1-bath residence with a galley kitchen, ideal for offsetting expenses, accommodating guests, or providing flexible multi-generational living. With two separate downstairs entrances and two upstairs entrances, the property offers exceptional flexibility for private guest quarters, rental income, or a personal beach retreat for family and friends. Whether you’re searching for a full-time coastal residence, a multi-generational beach home, a weekend getaway, or an investment opportunity, this outstanding duplex delivers the ideal combination of lifestyle, location, versatility, and income potential in one of Ventura’s most sought-after beach communities.

Address: Array
City:
State/County:
Zip: Array
Country: United States

Property Id: 890870
Price: $ 2,275,000
Property Lot Size: 0.09 ft2
Activation Date: 2026-05-29
Building Area Total: 1525
Co-List Agent AOR: Ventura Coastal
Co-List Agent Phone: (805) 208-2871
Co-List Agent Email: billy@homesbybilly.com
Co-List Agent: Billy Davidson
Co-List Agent MLS ID: VC211513632
Common Wall: No Common Walls
Community Features: Biking, Curbs, Fishing, Gutter(s), Street Lights, Water Sports
Contract Status Change Date: 2026-05-28
Cooling: Central Air
Cumilative Days on Market: 87
Days on Market: 87
Directions: Pierpont Blvd; Pierpont Blvd toward Marina Park to Devon Lane
Flooring: Vinyl, Wood
Foundation Details: Slab
Garage Spaces: 1
Gross Income: 31140
Gross Scheduled Income: 31200
Insurance Expense: 1200
Laundry Features: Washer Hookup, Gas Dryer Hookup, Outside
Levels: Two
List Agent AOR: Ventura Coastal
List Agent Direct Phone: (805) 216-4580
List Agent Email: annhowarth2525@gmail.com
List Agent Name: Ann Howarth
List Agent MLS ID: V211505789
List office AOR: Ventura Coastal
List office MLS ID: VC8556
List office Phone: (805) 216-4580
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2026-05-28
Listing ID: V1-36676
Listing Service: Full Service
Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Lot Features: Yard
Lot Size Area: 3753
Lot Size Source: Public Records
Lot Size Square Feet: 3753
Lot Size Units: Square Feet
MLS Status: Active
Net Operating Income: 31200
Number of Buildings: 2
Number of Seperate Electric Meters: 2
Number of Seperate Gas Meters: 2
Number of Seperate Water Meters: 1
On Market Date: 2026-05-29
Original List Price: 2395000
Parcel Number: 0810093075
Parking Features: Door-Single, Driveway, Garage
Parking Total: 4
Photos Count: 47
Possession: Close Of Escrow
Postal City: VENTURA
Previous List Price: 2345000
Property Condition: Turnkey
Roof: Asbestos Shingle
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Spa Features: Above Ground
State or Province: CA
Stories: 2
Street Name: Devon
Street Number: 1308
Street Suffix: Lane
Trash Expense: 1200
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Hills, Ocean, Water
Water Source: Public
Waterfront Features: Beach Access
Year Built: 1956

Other Features
Balcony
Beamed Ceilings
Bedroom on Main Level
Built-in Features
Dishwasher
Gas Oven
Gas Range
Has a View
Has Cooling System
Has Garage
Has Heating System
Microwave
New Construction
Open Floorplan
Refrigerator
Spa
Stone Counters
Tankless Water Heater
Water Heater

$ 13,281.61
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 10,911.82

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