2825 Panama Drive, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 3 bath
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Oxnard, California 93035
This Versatile Coastal Residence is a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,353,663 Fair Market Value by 5%. This valuation gap provides $78,663 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled designer kitchen with Cambria quartz and a flexible tri-level layout with ADU potential via a separate entrance. Located steps from Silver Strand beach and zoned for the 9/10 rated Rancho Campana High, it offers a premium lifestyle with peek-a-boo harbor views. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2825 Panama Drive Subject | $1,275,000* List Price | 3 | 3 | 2,166 | $625 | - |
A 317 Melrose Drive Active | $1,549,000 List Price | 4 | 3 | 2,237 | $692 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1987, the property qualifies as excellent due to extensive recent renovations. The kitchen has been stunningly remodeled within the last 5 years with quartz countertops and high-end finishes. Critical systems are nearly new, including the roof (2018) and heating units (2022/2026). The home is in mint, move-in-ready condition with no deferred maintenance.
High School: Rancho Campana High (9/10).
The first-floor bedroom suite features a separate entrance, offering excellent flexibility for a private guest wing, home office, or a potential income-generating ADU.
The property showcases a high-end remodeled kitchen with Cambria quartz countertops and significant recent capital improvements, including a newer roof, dual-paned windows, and updated heating systems.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2134, living area = 2166.
The three-story configuration may be a drawback for buyers with mobility concerns or those who prefer a more integrated, single-level living flow.
Just blocks from the sand, this lovingly maintained 3-bedroom, 3-bath, tri-level home offers the perfect blend of coastal lifestyle and modern comfort. The sought-after, corner location creates a sense of space and lets in loads of natural light. Measuring over 2100 square feet, this can easily be your full-time residence, an amazing second home for weekends at the beach or an awesome investment property. So many possibilities! The first-floor bedroom suite has a separate entrance offering potential for a guest suite, private office, or an income earning ADU. The thoughtfully updated interior showcases a stunningly remodeled kitchen and breakfast space with custom cabinetry, Cambria quartz countertops with beveled edge, stainless steel appliances, subway tile backsplash and stylish, gold accents. It's the perfect marriage of form and function! The second level is rounded out with a formal dining room, a cozy sitting area and a spacious bedroom with a private balcony and ensuite bath. Let's keep going ... the upper floor does not disappoint! Here you'll find a gracious family room with plenty of space to entertain and a charming balcony with a peek-a-boo view of Channel Islands Harbor. This third level also provides an enormous primary suite, complete with both walk-in and reach-in closets, a sitting area and a private bath. Additional upgrades include: dual paned windows and doors, newer exterior paint (2018), newer vinyl fencing and balcony railings (2018), newer roof and rain gutters (2018), newer heating units (2022 & 2026) and newer stainless steel chimney cap (2025). There's also potential for a rooftop patio, which would afford views of the sparkling harbor and spectacular sunsets. Ideally located in Silver Strand, you'll enjoy easy access to sandy beaches, waterside dining and multiple marinas. This is one of the most affordable beach communities in California. Truly a rare find!
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 9-12 • 2.6 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,166 | 1,872 | 66% |
| Lot Size | 2,134 | 4,052.5 | 3% |
| Price | $1.27M | $1.26M | 50% |
| Price per sq ft | $589 | $628 | 44% |
| Built year | 1987 | 1977 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 165 | 3% |
Apr 16, 2026
$1,275,000
Initial Listing