1601 Lagoon, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 3 bath
1601 Lagoon
Oxnard, California 93035
Property Price
SUMMARY
Analysis of 1601 Lagoon, Oxnard, California 93035 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $763,235 Fair Market Value by 8%. This valuation gap indicates a +$64,235 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oxnard Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1601 Lagoon Subject | $699,000* List Price | 3 | 3 | 1,698 | $449 | - |
A 816 Noontide Way Pending | $739,000 List Price | 4 | 3 | 1,698 | $435 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2000 and maintained in its original condition, the home is functional but dated. It features builder-grade white tile countertops, white appliances, and original oak cabinetry. The flooring consists of older carpet and linoleum. While well-kept by the original owners, it requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Exceptional Market Value
Positioned as the lowest-priced model match in over three years, this property offers significant equity upside and a highly competitive entry point for the Pacific Breeze community.
- Enhanced Privacy and Security
Located within a secure gated community with no neighbors directly behind the property, providing a rare level of seclusion and a peaceful backyard setting.
CONSRISKS & DEFICIENCIES
- Cosmetic Updating Required
The home is priced to reflect its original condition, meaning buyers will likely need to budget for modernizing finishes and personal touches to reach its full potential.
- Compact Lot Size
With a lot size of approximately 3,484 square feet, the outdoor space is relatively limited, which may be a drawback for those seeking a large yard or extensive gardening space.
About 1601 Lagoon
The lowest priced model match listing in the past 3+ years, and proudly offered by the original owners, this 3 bedroom, 2.5 bath home, built in 2000, is located within the desirable gated community of Pacific Breeze, offering privacy and security. —an incredible opportunity you won’t want to miss. The spacious floor plan features a large upstairs loft—ideal as a home office, media room, or easily convertible to a 4th bedroom. Enjoy the convenience of upstairs laundry and a 2-car attached garage. With no neighbors behind, the backyard provides added privacy and a peaceful setting. Priced to sell, this home is perfect for a buyer ready to add their own personal touches and make it their own. With strong upside potential, there are multiple options for investors as well. Residents enjoy a low $95/month HOA, which includes gated security and access to a community park. Ideally located just minutes from local beaches, Channel Islands Harbor, The Collection at RiverPark, Naval Base Ventura County, and convenient freeway access—this home offers the perfect blend of value, location, and lifestyle. Don’t miss this exceptional opportunity in Pacific Breeze!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 3,484 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $95.0 / Month
Neighborhood Insights
Oxnard Unified Schools
Juan Lagunas Soria Elementary School
Grades K-8 • 0.9 mi
Fremont Intermediate School
Grades 6-8 • 1.3 mi
Oxnard High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,698 | 1,785 | 45% |
| Lot Size | 3,484 | 4,030 | 36% |
| Price | $699.0K | $1.05M | 5% |
| Price per sq ft | $412 | $614 | 5% |
| Built year | 2000 | 1977 | 74% |
| HOA | $95.0 | $0 | 91% |
| Days on market | 9 | 155 | 3% |
Pricing History
Listed for Sale
Feb 26, 2026
$699,000
Initial Listing
Sold
May 25, 2001
$250,000
Public Record