292 Highland Drive, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 3 bath
292 Highland Drive
Oxnard, California 93035
Property Price
SUMMARY
Analysis of 292 Highland Drive, Oxnard, California 93035 reveals a Prime Investment Opportunity with a current list price of $1,169,000—significantly undercutting the $1,217,748 Fair Market Value by 4%. This valuation gap indicates a +$48,748 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 292 Highland Drive Subject | $1,169,000* List Price | 3 | 3 | 1,821 | $669 | - |
A 276 Highland Drive Sold | $925,000 | 3 | 2 | 1,384 | $668 | 0.0 mi |
B 328 Highland Drive Sold | $850,000 | 3 | 2 | 1,384 | $614 | 0.0 mi |
C 328 Highland Drive Sold | $850,000 | 1,384 | $614 | 0.0 mi | ||
D 2825 Panama Drive Active | $1,395,000 List Price | 3 | 3 | 2,166 | $644 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates that exceed its 1982 build date. Key improvements include the installation of luxury vinyl plank flooring, travertine tile, and newer stainless-steel kitchen appliances. The interior features modern touches like recessed lighting and vaulted ceilings. While it is not a brand-new construction or a total recent 'to-the-studs' renovation, the home is well-maintained with updated surfaces and functional systems, requiring no immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Prime Beach Proximity
Located in the desirable Hollywood By The Sea neighborhood, this home is situated just minutes from Silverstrand Beach, offering an exceptional coastal lifestyle.
- Versatile Tri-Level Layout
The floor plan features a dedicated bedroom and bathroom on each of the three levels, providing excellent privacy and flexibility for guests or multi-generational living.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1750, living area = 1821.
- Limited Ocean Views
While located near the coast, the property only offers 'peek-a-boo' views of the ocean and islands from the third-floor loft rather than expansive vistas.
- Compact Lot Size
With a lot size of approximately 1,750 square feet, the outdoor space is limited to a small patio area, which may not satisfy buyers seeking a larger yard.
About 292 Highland Drive
Fabulous tri-level beach home located at Hollywood by the Sea at Silverstrand Beach. Live just minutes from the beach in this spacious 1,821 square foot home. The home features 3 bedrooms and 3 bathrooms, with a bedroom and a bathroom on each floor. The first level boasts travertine tile flooring, while the second and third levels showcase luxury vinyl plank flooring. The living room offers vaulted ceilings, recessed lighting, and a fireplace. Adjacent to the living room, the kitchen is generously sized with ample cabinets and counter space, along with newer stainless-steel appliances. Ascending to the third level, you'll find a large loft/family room overlooking the living room. There is a peek-a-boo view of the ocean & islands from the loft window. Also on the third floor is the en-suite master bedroom, featuring a skylight, walk-in closet, and jet tub. Outside, there is a cozy backyard patio area perfect for barbecuing or hanging out with friends when you're not at the beach!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 1,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oxnard Unified Schools
Hollywood Beach Elementary School
Grades K-6 • 1.4 mi
Hueneme High School
Grades 9-12 • 2.6 mi
Oxnard High School
Grades 9-12 • 4.2 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 | 1,821 | 1,804 | 51% |
| Lot Size | 1,750 | 4,030 | 6% |
| Price | $1.17M | $1.12M | 50% |
| Price per sq ft | $642 | $620 | 53% |
| Built year | 1982 | 1977 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 155 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,169,000
Initial Listing
Sold
Mar 4, 2022
$1,150,000
Public Record
Sold
Oct 2, 2020
$161,000
Public Record
Sold
Sep 15, 2016
$655,000
Public Record
Sold
Dec 10, 2008
$579,000
Public Record
Sold
Nov 9, 2006
$950,000
Public Record
Sold
Jun 17, 2002
$415,000
Public Record