
Oceanside, California 92054
This Resort-Style Coastal Retreat is a Prime Investment Opportunity listed at $1,650,000—positioned well below the $1,694,199 Fair Market Value by 2%. This valuation gap offers $44,199 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a renovated kitchen, paid-off solar, and a massive 9,000 sqft lot with a private pool and sauna. Located west of the I-5 near the South O 101 corridor and top-rated Sage Creek High School, it offers a turnkey lifestyle. This is a premier match for Coastal Lifestyle Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 Morse Street Subject | $1,650,000* List Price | 3 | 2 | 1,801 | $941 | - |
A 1532 Hicks Street Sold | $1,650,000 | 5 | 3 | 1,928 | $856 | 0.2 mi |
B 911 Minnesota Avenue Sold | $1,850,000 | 3 | 2 | 1,704 | $1,086 | 0.9 mi |
C 1454 Moreno Street Sold | $1,350,000 | 4 | 3 | 1,588 | $850 | 0.2 mi |
D 2038 S Freeman Sold | $1,655,000 | 3 | 2 | 1,704 | $971 | 0.8 mi |
E 1451 Machado Street Pending | $1,675,000 List Price | 3 | 3 | 1,615 | $1,037 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1956 build date, the property has undergone extensive recent renovations that bring it up to modern standards. The kitchen is fully updated with contemporary blue cabinetry, white quartz-style countertops, a stylish tile backsplash, and modern stainless steel appliances, including a slide-in range and chimney hood. The interior features updated wide-plank flooring, recessed lighting, and fresh neutral paint. The addition of a paid-off solar system and a resort-style backyard with a pool and sauna further justifies the excellent rating, as the home appears move-in ready with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1801.
High School: Sage Creek High School (9/10).
Situated west of the I-5 in highly sought-after South Oceanside, the property offers exceptional proximity to the beach, local breweries, and the vibrant 101 corridor.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Originally built in 1956, the home may require updates to its core systems or structural elements to meet modern standards and preferences.
The assigned elementary and middle schools carry lower performance ratings (4 and 5), which may be a consideration for education-focused families.
Tucked in the heart of South Oceanside, 1220 Morse Street delivers the rare combination of generous space, resort-style amenities, and the laid-back California lifestyle you've been searching for. Set on a spacious 9,000 square foot lot — a premium find this close to the coast — this 3-bedroom, 2-bath home offers privacy and breathing room that is increasingly difficult to find in coastal communities. The backyard is something special — a true resort-style retreat featuring a sparkling pool, a private sauna, and generous space to host, relax, or simply soak up the sunshine. This is the kind of outdoor living that makes every day feel like a spa-day, all from the comfort of your own home. The paid-off solar panel system is currently under the Net Energy Metering (NEM) program. South Oceanside is one of the most sought-after coastal addresses in all of North County San Diego, and Morse Street puts you right in the middle of it. West of the 5, close to the beach, and surrounded by the cafés, restaurants, breweries, and boutiques that have made this neighborhood one of the most exciting places to live along the California coast. The Oceanside Pier, Buccaneer Beach, and the vibrant South O 101 corridor are all just minutes away — coastal convenience without compromise. Space. Privacy. A resort-style backyard. Paid-off solar. And a coveted circular driveway with ample off-street parking. Don't miss your chance to own this rare South Oceanside gem.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,801 | 1,705 | 54% |
| Lot Size | 9,000 | 7,840 | 60% |
| Price | $1.65M | $1.38M | 72% |
| Price per sq ft | $916 | $725 | 76% |
| Built year | 1956 | 1973 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 128 | 9% |
Apr 2, 2026
$1,650,000
Initial Listing
Aug 8, 2014
$675,000
Public Record
Jan 31, 2001
$219,000
Public Record