293 Reef Point Way Unit 5, Oceanside, California 92058, Oceanside, 92058 - 4 bed, 3 bath
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293 Reef Point Way Unit 5
Oceanside, California 92058
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,569Sq Ft
0Lot Size
Property Price
LIST PRICE$718,000
EST. MARKET VALUE
$716,127
SUMMARY
This 4-bedroom condominium is a Strong Value Opportunity, listed at $718,000—positioned well below the $716,128 Fair Market Value (Note: Market is currently stable). The property maintains a Condition Rating of 3, reflecting a well-maintained, move-in ready state. Featuring a large private patio with park views and a versatile downstairs bedroom, this home offers a functional layout for modern living. Located near the I-5 and Camp Pendleton, it provides excellent accessibility. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a lifestyle-focused, coastal-adjacent residence.
Estimated Market Value
$716,127
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 |
|---|---|---|---|---|---|---|
★ 293 Reef Point Way Unit 5 Subject | $718,000* List Price | 4 | 3 | 1,569 | $456 | - |
A 4484 Brisbane Way 3 Sold | $650,000 | 3 | 3 | 1,471 | $442 | 0.8 mi |
B 310 Sunset 5 Sold | $699,000 | 3 | 3 | 1,569 | $446 | - |
C 641 Sumner Way #1 Active | $530,000 List Price | 2 | 2 | 1,141 | $465 | 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 is approximately 20 years old and appears well-maintained and move-in ready. The kitchen and bathrooms feature original cabinetry and finishes that are functional and in good condition, though they reflect the era of construction. Systems appear operational, and the interior shows pride of ownership with minor cosmetic wear consistent with its age.
PROSSTRENGTHS & OPPORTUNITIES
- Functional Floor Plan
The rare four-bedroom layout includes a highly desirable downstairs bedroom and full bathroom, providing excellent flexibility for guests, a home office, or multi-generational living.
- Strategic Location
Ideally situated near major freeways (I-5, 76, 78) and Camp Pendleton's back gate, this home offers superior accessibility for commuters and military personnel.
- Premium Outdoor Integration
The unit features a large private patio overlooking a park-like setting, offering a sense of space and tranquility that is often difficult to find in condominium living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- High Recurring Costs
The monthly association fee of $455 represents a significant ongoing expense that may impact the overall affordability and purchasing power of potential buyers.
- Market Momentum
With 41 days on the market and a recent price reduction, the property is showing signs of stagnation, suggesting the current list price may still be slightly above market expectations.
About 293 Reef Point Way Unit 5
Only a short drive to the beach, your new home is here at Pelican Cove! From your large patio you view the park setting. Inside you'll find an open kitchen and living room with lots of natural light. Downstairs you'll see one bedroom and a full bathroom. Upstairs is the Primary suite and remaining bedrooms. Enjoy your large, attached, two-car garage, including space for laundry. Nearby is not just the beach, the pier, and coveted downtown Oceanside, but lots of shopping, eateries, and access to the I-5, 76 and 78 freeways! Close to Camp Pendleton's back gate. Walking distance to San Luis Rey Mission and the paved river trail! Dog friendly!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,569 | 1,079.414 |
| Lot Size | - | 68,707.138 |
| Price | $718.0K | $574.6K |
| Price per sq ft | $458 | $540 |
| Built year | 2006 | 1988 |
| HOA | $455.0 | $528 |
| Days on market | 68 | 59 |
Pricing History
Listed for Sale
Aug 13, 2026
$718,000
$720,000
+0% Price Increase
Initial Listing
Price Change
Jul 3, 2026
$720,000
Initial Listing
Sold
Apr 26, 2018
$405,000
Public Record
Sold
Apr 28, 2016
$360,000
Public Record
Sold
Jul 17, 2014
$315,000
Public Record
Sold
Jul 28, 2009
$220,000
Public Record
Sold
Jul 28, 2006
$407,000
Public Record