
Oceanside, California 92057
This Spacious Value-Add Residence in Oceanside’s Arrowood community is listed at $968,000, relative to a $880,654 Fair Market Value. The property provides a distinct financial advantage with No Mello Roos and a Low $154 HOA, offering significantly lower monthly overhead than comparable North County developments. With a Condition Rating of 4, the 2,749-square-foot interior is functional but offers immense upside for modernization. Featuring a Private Spa, Patio, and proximity to Oceanside Unified Schools, this home is a strategic choice for Owner-Occupants or Multi-generational Families prioritizing square footage and long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1121 Midnight Way Subject | $943,000* List Price | 4 | 3 | 2,749 | $334 | - |
A 984 Manteca Dr. Sold | $950,000 | 4 | 3 | 2,832 | $335 | 0.5 mi |
B 5108 Eliot Street Sold | $955,000 | 4 | 3 | 2,394 | $399 | 0.4 mi |
C 1061 Boulder Place Sold | $1,030,000 | 5 | 4 | 3,238 | $318 | 0.2 mi |
D 1185 Parkview Drive Sold | $1,050,000 | 4 | 3 | 2,887 | $364 | 0.4 mi |
E 1125 Midnight Way Sold | $899,000 | 4 | 3 | 2,349 | $383 | 0.0 mi |
F 1141 Parkview Sold | $970,000 | 3 | 3 | 2,238 | $433 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the home is well-maintained and functional but remains in mostly original condition. The kitchen and bathrooms feature dated white tile countertops, older oak-style cabinetry, and white appliances typical of the era. While move-in ready, the property requires cosmetic updates and modernization to meet current market standards, as acknowledged in the listing description.
Offering 2,749 square feet with four bedrooms and three bathrooms, the floor plan provides excellent separation of space ideal for multigenerational living or a dedicated home office.
The property boasts no Mello Roos and a low HOA fee of $154, providing significant monthly savings and long-term value compared to many other North County developments.
Ideally located near Camp Pendleton and North County’s beaches, the home offers a quiet community atmosphere while remaining minutes away from shopping, dining, and golf.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6224.
The property is positioned as an opportunity for buyers to apply their own touches, suggesting that the interior finishes may require additional investment to modernize.
The assigned public schools carry ratings between 4 and 6, which may be a drawback for families prioritizing top-tier educational districts.
Welcome to 1121 Midnight Way. A spacious 4 bed/3 bath home offering 2,749 square feet of comfortable living in one of Oceanside’s desirable, quiet communities. Ideally located just minutes from Camp Pendleton and within easy reach of North County’s beaches, shopping, dining, and golf, this home combines space, functionality, and coastal convenience. No Mello Roos and low HOA! The thoughtfully designed floor plan provides generous living areas ideal for both everyday living and entertaining. The kitchen opens to the family room, creating a natural gathering space filled with light and connection. With 4 full bedrooms and 3 bathrooms, the layout provides excellent separation of space for guests, multigenerational living, or remote work needs. The primary suite feels like a private retreat with ample room to unwind. Additional highlights include air conditioning, an upstairs laundry room for convenience, and a yard designed with a hot tub area, perfect for entertaining, relaxing, or designing your own outdoor oasis. The garage provides ample storage and functionality. The price point allows for buyers to apply their own touches to the interior spaces, this home offers exceptional square footage and long-term upside for buyers who want comfort now with the opportunity to personalize over time. A rare combination of size, layout, and location in Oceanside.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.3 mi
Grades 6-8 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,749 | 1,592 | 85% |
| Lot Size | 6,098.4 | 5,885.5 | 57% |
| Price | $943.0K | $867.5K | 67% |
| Price per sq ft | $343 | $473 | 3% |
| Built year | 2003 | 1988 | 77% |
| HOA | $154.0 | $139 | 59% |
| Days on market | 47 | 167 | 6% |
Mar 20, 2026
$943,000
$968,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$968,000
Initial Listing
Mar 10, 2003
$434,500
Public Record