289 Reef Point 3, Oceanside, California 92058, Oceanside, 92058 - 3 bed, 3 bath
Loading property details...
289 Reef Point 3
Oceanside, California 92058
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,410Sq Ft
235,809Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$664,340
SUMMARY
This 3BD/2.5BA Townhouse in Pelican Cove is a Strong Value Opportunity, listed at $679,000—positioned well below the $664,340 Fair Market Value by -2%. Featuring a Good Condition Rating, this 2006-built home offers a modern Granite Kitchen, central A/C, and an extra-large patio. While the market presence has been extended, the property provides a turnkey lifestyle near coastal amenities and local schools. This is an ideal acquisition for Owner-Occupants seeking a move-in ready coastal residence or first-time buyers prioritizing location and layout.
Estimated Market Value
$664,340
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 289 Reef Point 3 Subject 3 bd · 3 ba · 1,410 sqft · $471 | $679,000* List Price | 3 | 3 | 1,410 | $471 | - |
A 4480 Brisbane Way 1 Sold 3 bd · 3 ba · 1,471 sqft · $449 · 0.7 mi | $660,000 | 3 | 3 | 1,471 | $449 | 0.7 mi |
B 293 Reef Point Way 6 Sold 2 bd · 2 ba · 1,005 sqft · $565 · 0.0 mi | $568,000 | 2 | 2 | 1,005 | $565 | 0.0 mi |
C 209 Fredricks Sold 3 bd · 3 ba · 1,342 sqft · $440 · 0.6 mi | $590,000 | 3 | 3 | 1,342 | $440 | 0.6 mi |
D 625 Sumner Way 4 Active 3 bd · 3 ba · 1,471 sqft · $442 · 0.8 mi | $649,500 List Price | 3 | 3 | 1,471 | $442 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket for 'Good' condition. The kitchen and bathrooms are well-maintained and functional, featuring granite countertops and stainless steel appliances. The home is move-in ready with active systems like central A/C and shows no signs of deferred maintenance in the provided images.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior & Layout
Built in 2006, this townhome features a bright, open floor plan with a modern kitchen including granite countertops, stainless steel appliances, and central A/C.
- Exceptional Outdoor & Storage Space
The property boasts an extra-large patio ideal for entertaining and an oversized attached 2-car garage providing rare additional storage and direct interior access.
- Desirable Coastal Community
Located in the sought-after Pelican Cove, residents enjoy a park-like setting with coastal breezes and proximity to Oceanside’s beaches, dining, and shopping.
CONSRISKS & DEFICIENCIES
- Stagnant Market Presence
With 144 days on market and three consecutive price reductions, the property has struggled to attract a buyer, potentially indicating initial overpricing or market fatigue.
- Significant HOA Fees
The monthly association fee of $455 represents a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
About 289 Reef Point 3
Beautiful 3BD/2.5BA townhome with bright and open floor plan in highly sought-after Pelican Cove! Kitchen has an abundance of cabinets and counter space, granite counters, stainless steel appliances and breakfast area nook. Spacious primary suite easily fits a king size bed and offers dual closets plus plenty of additional closet space throughout the home. Features include central A/C, fireplace and extra large patio perfect for entertaining, BBQ and more. Oversize attached 2-car garage is convenient for additional storage and direct access to inside the townhome. Enjoy the coastal breezes and park-like setting with playground and green space. Prime Oceanside location near shopping, dining, and easy access to the beach and freeways.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2006
- Lot Size
- 235,809 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $455.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Louise Foussat Elementary School
Grades K-5 • 0.4 mi
4/10
Ocean Shores High (Continuation) School
Grades 9-12 • 2.1 mi
0/10
Oceanside High School
Grades 9-12 • 3.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,410 | 1,605.625 |
| Lot Size | 235,809 | 6,379.725 |
| Price | $679.0K | $768.4K |
| Price per sq ft | $482 | $476 |
| Built year | 2006 | 2016 |
| HOA | $455.0 | $459 |
| Days on market | 156 | 54 |
Pricing History
Listed for Sale
Oct 13, 2026
$679,000
$689,000
-1% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$689,000
$694,000
-1% Price Drop
Initial Listing
Price Change
Jun 19, 2026
$694,000
$699,000
-1% Price Drop
Initial Listing
Price Change
May 22, 2026
$699,000
Initial Listing
Sold
Apr 15, 2022
$650,000
Public Record
Sold
May 11, 2021
$530,000
Public Record
Sold
Jul 31, 2006
$418,500
Public Record