Property listing for 2994 Reef St, Ventura, CA 93001
ActiveSingle Family Home

$3,995,000

2994 Reef St, Ventura, CA 93001

Ventura Keys Main-Channel Home with 70' Dock & Ocean Decks

4 Bed · 4 Bath · 3,108 Sq Ft

Direct main-channel frontage, lap pool, and loft roof deck with views.

4

Beds

4

Baths

3,108

Sq Ft

1986

Built

0.10 acres

Lot

No attached garage; driveway and street parking

Garage

About 2994 Reef St

Rare on-Reef opportunity: a classic Ventura Keys island home designed for boating lives and coastal entertaining. The property fronts a straight main channel with a 70-foot dock configured for comfortable bow-in mooring—an increasingly scarce resource on the Keys. The exterior presents an expansive waterfront deck complete with a lap pool and open channel views that step back to peekaboo ocean and island sights. The channel easement (approx. 101' x 45' x 81') provides generous turning and docking room that will appeal to serious boat owners.

Inside, the residence delivers warmth and character through exposed beam architecture and an open plan that prioritizes the water-facing aspect. The main level welcomes you with channel views and includes a guest/main-level bedroom ideal for visitors or multigenerational arrangements. Upstairs, three additional bedrooms include a primary suite with significant water views, a large walk-in closet and an oversized bath. A second-floor family room with a wet bar and private balcony gives the home a flexible entertaining footprint and separation for families.

Head to the third-floor loft to find a private deck with sweeping ocean and Channel Island glimpses—a quiet perch for sunsets and coastal breezes. Practical living is addressed with multiple entertaining zones, dedicated dining spaces, and an efficient kitchen oriented toward the water. Outside, the waterfront entertaining terrace, dock infrastructure and pool create a turnkey coastal lifestyle just moments from Ventura Harbor, beaches, parks and Downtown Ventura retail and dining.

This is a rare listing on Reef Street: homes on this block seldom come to market and the combination of straight-dock frontage, pool, multiple decks and ocean views makes this a highly covetable offering. Seasonal and year-round buyers who value direct water access and an active coastal lifestyle should schedule a private showing. Contact the listing agent for dock specifics, easement documentation and showings.

Home Highlights

70' straight main-channel dock—rare boating assetLap pool and expansive waterfront deck for entertainingThree-level home with third-floor loft and ocean/island viewsSoutheastern exposure and generous channel easementVery limited inventory on Reef Street—high scarcity value

Property Features

Interior Features

  • 4 bedrooms, 4 bathrooms across three levels
  • Exposed beam architecture and open living spaces
  • Primary suite with walk-in closet and oversized bathroom
  • Second-floor family room/den with wet bar and private balcony
  • Third-floor loft with private deck and ocean/island views
  • Multiple dining spaces and eat-in breakfast area

Exterior & Lot

  • Straight 70' main-channel dock (bow-in capable)
  • Channel easement approx. 101' x 45' x 81'
  • Large waterfront deck with lap pool
  • Southeastern exposure for daytime sun and coastal breezes
  • Driveway and street parking; no attached garage

Location & Neighborhood

  • Ventura Keys 'island' neighborhood—canal and channel homes
  • 0.7 mi to Ventura Harbor; 1–2 mi to downtown Ventura amenities
  • Short drive to beaches, marinas, fishing and coastal trails
  • Family-friendly, boating-oriented neighborhood

Walkability & Recreation

  • Walkability Rating: 68/100
  • Steps from local waterfront promenades and neighborhood pocket parks
  • Easy access to Ventura Harbor, harbor restaurants and boat launches

Neighborhood & Location

The Ventura Keys island neighborhood is a distinctive canal-and-channel residential enclave built around boating and coastal living. Streets are lined with single-family homes, private docks and mature landscaping. The Keys combine a laid-back Southern California beach vibe with practical proximity to Ventura Harbor, beaches, and historic downtown amenities. It's a small, sought-after community where waterfront homes trade infrequently and secure a premium for direct water access.

Market Insights

Ventura’s Keys command a consistent premium to the city median because of private docks and direct water access. While Ventura’s overall median sale price sits well below luxury waterfront numbers, main-channel properties frequently trade in the multi‑million dollar range; price per square foot for quality Keys homes commonly exceeds $1,000–$1,200+/SF. Inventory in the Keys is limited—listings are infrequent and when well-marketed they draw a narrow but competitive buyer pool that includes local affluent families, regional coastal buyers and boating enthusiasts from Los Angeles and the Bay Area. Average days on market for comparable luxury waterfront homes can vary but a properly priced and documented waterfront asset with a clean dock/seawall record typically sells within 30–90 days. Given the unique dock and pool features, this property should be marketed to high-net-worth buyers who prioritize direct water access and ready-to-use outdoor amenities.

Nearby Schools

Pierpont Elementary School

Elementary · 1.2 mi

7/10

Anacapa Middle School

Middle · 2.0 mi

6/10

Ventura High School

High · 3.0 mi

6/10

Walkability & Recreation

68
Walkability
95
Recreation

Excellent access to boating, beaches, Ventura Harbor amenities, and coastal trails. Waterfront homeowners enjoy direct boating opportunities and nearby seaside recreation.

Investment Highlights

  • Straight 70-foot main-channel dock with bow-in capability—rare and high-value feature.
  • Large waterfront deck with lap pool and southeastern exposure for daytime sun and evening breezes.
  • Multi-level layout: main-level bedroom for guests, second-floor family room with wet bar, third-floor loft with private deck and ocean/island views.
  • Located on Ventura Keys Island—very limited turnover history, supporting scarcity premium.
  • Close proximity to Ventura Harbor, beaches, downtown dining and coastal trails.

Key Findings

  • List price: $3,995,000 (AVM: ~$3,979,987).
  • Building area: 3,108 SF; Lot: 4,356 SF; Price per SF ≈ $1,285.
  • Four bedrooms, four bathrooms, built 1986; three stories with loft deck.
  • Unique waterfront attributes (dock, channel easement) materially increase market value relative to inland comps.
  • Potential coastal/flood/permitting considerations require buyer diligence.

Things to Consider

  • Flood zone and homeowner insurance costs for coastal property may be elevated—verify FEMA maps and insurance quotes.
  • Dock / seawall condition and permits: long-term maintenance costs and permit status should be verified.
  • Limited direct comparable sales publicly available for exact dock configuration—valuation has added uncertainty.

Opportunity Analysis

Acquire a scarce Ventura Keys main-channel waterfront home that captures a premium market segment of boating and coastal lifestyle buyers; market either to owner-occupiers or sell to high-end local/regional buyers who value dock access and ocean views.

Potential Use Scenarios

  • Market aggressively to boat-owning buyer lists and broker networks in Los Angeles and Bay Area.
  • Professional staging and drone photography emphasizing dock access, lap pool and loft deck views.
  • Obtain pre-listing inspection reports for seawall/dock and provide insurance/flood-zone briefing to reduce buyer uncertainty.

Risk Factors

  • Coastal exposure increases maintenance and insurance costs.
  • Valuation volatility at the top end of the market when inventory is thin.
  • Potential permitting or lien issues related to waterfront improvements (verify title and municipal records).

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$3700K

Midpoint

$3910K

High

$4120K

$1284.9/SF estimated price per square foot

68% confidence

Estimate anchored to active list price ($3,995,000) and AVM ($3,979,987), adjusted for unique waterfront attributes (70' straight dock, lap pool, multi-level ocean views) and local market conditions. No live comparable-sales pull; ranges reflect premium for main-channel frontage and potential negotiation room.

As of 2026-03-14

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$920,000
Avg Days on Market45 days
Inventory2.5 months
1-Year Appreciation+400.0%

Demographics

Population (1 mi)11,000
Median Income (1 mi)$82,000

Coastal Ventura is stable; higher demand in waterfront pockets. Local population trends modest growth; buyers include local affluent families and out-of-area coastal buyers.

Nearby Points of Interest

  • Ventura Harbor (0.7 mi)
  • Ventura Pier & Promenade (1.5 mi)

Within easy reach of Ventura Harbor, beaches, downtown Ventura dining and shopping, marinas, and coastal trails. Local neighborhood is characterized by canal-front and main-channel waterfront residences with private docks.

School District

DistrictVentura Unified School District
ElementaryPierpont Elementary School (Ventura Unified) — estimated rating 7/10
MiddleAnacapa Middle School — estimated rating 6/10
HighVentura High School — estimated rating 6/10

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1986
Constructionwood frame (likely wood/Stucco typical of area)
Stories3
Heatingforced air (likely) / conventional (not confirmed)
Coolingcentral AC (likely) / split units possible (not confirmed)
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.1 acres (4,356 SF)
Topographylevel
Parkingdriveway_and_street_parking
Parking Spaces2
FrontageWaterfront main-channel frontage; straight 70-foot dock noted in listing text.

Utilities

WaterCity water (Ventura) - not explicitly listed
SewerCity sewer - not explicitly listed
ElectricStandard municipal electric - not explicitly listed
GasNatural gas likely available - not explicitly listed

Zoning & Land Use

Zoning CodeR-1 (likely)
DescriptionSingle-family residential (typical for island homes in Ventura Keys).
JurisdictionCity of Ventura

Allowed Uses

Single family residenceAccessory structures per City of Ventura R 1 rulesUses subject to local setback and coastal overlay rules
Current Useresidential

Tax & Sale History

Tax Assessment

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