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1160 W First Street, Oxnard, California 93030, Oxnard, 93030 - 3 bed, 2 bath

1160 W First Street, Oxnard, California 93030 home-pic-0
ACTIVE$859,500
1160 W First Street, Oxnard, California 93030
3Beds
2Baths
Sqft
5,048Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Amenities: Built in 2024, this home features energy-efficient solar power, Spanish tile roofs, sleek quartz countertops, elegant wooden cabinets, Spanish-Style doors, waterproof laminate flooring, and stainless-steel appliances, ensuring a contemporary and low-maintenance living experience.
Top Cons:
Monthly Association Fees: The property incurs a recurring monthly association fee of $98.0, which adds to the overall cost of homeownership and should be factored into the budget.

Compared to the nearby listings

Price:$859.5K vs avg $810.0K (+$49,500)69%
Size: sqft vs avg 1,725 sqft1%
Price/sqft:$0 vs avg $4561%

More Insights

Built in 2024 (1 years old).
Condition: This property is a brand new construction, built in 2024. The kitchen features new white shaker cabinets, sleek quartz countertops, and stainless steel appliances. The home boasts new waterproof laminate flooring throughout, recessed lighting, and modern fixtures. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
2024
Close
-
List price
$860K
Original List price
$860K
Price/Sqft
$0
HOA
$98
Days on market
-
Sold On
-
MLS number
V1-28573
Home ConditionExcellent
Features
Patio
View-

About this home

NEW CONSTRUCTION - 2.5 MILES FROM CHANNEL ISLANDS HARBOR AND ONLY 3.5 MILES TO THE BEACH! COASTAL LIVING WITHOUT HIGH LA OR SB PRICES!20,000 GRANT FROM PREFERED LENDER WITH NO MIP. USE GRANT FUNDS FOR DOWN PAYMENT, INTEREST RATE BUY DOWN AND OR CLOSING COST!Encanto Homes, 27 beautifully designed Spanish Revival homes. Single story, offering style, comfort, and functionality. Ideally located near shopping, recreational amenities and minutes to the beach. Set on spacious lots averaging 5,048 square feet, each home is framed by vibrant Bougainvillea and finished with smooth glacier-white Santa Barbara plaster, creating a charming and welcoming streetscape.QUALITY AND CRAFTSMANSHIP:Our homes are designed with comfort, style, and convenience. Enjoy energy-efficient solar power, Spanish tile roofs, sleek quartz countertops, elegant wooden cabinets, Spanish-Style doors, waterproof laminate flooring, and stainless-steel appliances.ADU OPTIONBuild an ADU above the garage after close of escrow. Ideal for rental income or as a private guest suite. Listing brokers are members of Encanto Homes, LLC..

Condition Rating
Excellent
This property is a brand new construction, built in 2024. The kitchen features new white shaker cabinets, sleek quartz countertops, and stainless steel appliances. The home boasts new waterproof laminate flooring throughout, recessed lighting, and modern fixtures. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modern Amenities: Built in 2024, this home features energy-efficient solar power, Spanish tile roofs, sleek quartz countertops, elegant wooden cabinets, Spanish-Style doors, waterproof laminate flooring, and stainless-steel appliances, ensuring a contemporary and low-maintenance living experience.
Desirable Coastal Proximity: Strategically located just 2.5 miles from Channel Islands Harbor and 3.5 miles from the beach, offering an attractive coastal lifestyle with easy access to recreational amenities and shopping.
Significant Financial Incentive: Buyers can benefit from a substantial $20,000 grant from a preferred lender, which can be utilized for down payment, interest rate buy-down, or closing costs, without the burden of Mortgage Insurance Premium (MIP).
ADU Income/Flexibility Potential: The property offers the valuable option to build an Accessory Dwelling Unit (ADU) above the garage after close of escrow, providing excellent potential for rental income or a private guest suite.
Charming Community & Quality Design: Part of a new development of 27 beautifully designed Spanish Revival homes, featuring appealing aesthetics, quality craftsmanship, spacious lots averaging 5,048 sq ft, and a welcoming streetscape.

Cons

Monthly Association Fees: The property incurs a recurring monthly association fee of $98.0, which adds to the overall cost of homeownership and should be factored into the budget.
Absence of Scenic Views: The property description explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or specific natural outlooks.
ADU Requires Post-Purchase Investment: While an ADU option is available, it needs to be built after close of escrow, implying additional time, cost, and effort for the buyer to realize this potential, as it is not included in the initial purchase.

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