293 Reef Point Way Unit 5, Oceanside, California 92058, Oceanside, 92058 - 4 bed, 3 bath
293 Reef Point Way Unit 5
Oceanside, California 92058
Property Price
SUMMARY
Analysis of 293 Reef Point Way Unit 5, Oceanside, California 92058 is currently available with a list price of $715,000. 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 Oceanside 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is well within the 10-20 year age range for a 'good' rating. The interior is move-in ready, featuring updated hard-surface flooring in the living areas, stainless steel kitchen appliances, and granite countertops. While the cabinetry and bathroom fixtures appear to be original to the build, they are well-maintained with minimal wear and tear, and the home requires no immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Functional Floor Plan
The layout features a rare downstairs bedroom and full bathroom, providing excellent flexibility for multi-generational living, guests, or a home office.
- Strategic Location
Ideally situated with quick access to the I-5, 76, and 78 freeways, and close proximity to Camp Pendleton, downtown Oceanside, and the beach.
- Outdoor Living
The property includes a large private patio overlooking a park-like setting, offering a tranquil outdoor retreat that is highly desirable for a condominium.
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 Association Fees
The monthly HOA fee of $455 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Compact Bedroom Dimensions
Fitting four bedrooms into 1,569 square feet suggests that individual room sizes may be relatively small, potentially limiting furniture configurations for larger families.
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
Ocean Shores High (Continuation) School
Grades 9-12 • 2.1 mi
Oceanside High School
Grades 9-12 • 3.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 96% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,569 | 1,017 | 91% |
| Lot Size | - | - | 50% |
| Price | $715.0K | $538.0K | 96% |
| Price per sq ft | $456 | $469 | 22% |
| Built year | 2006 | 1988 | 96% |
| HOA | $455.0 | $495 | 13% |
| Days on market | 30 | 193 | 4% |
Pricing History
Listed for Sale
Mar 5, 2026
$715,000
$730,000
-2% Price Drop
Initial Listing
Price Change
Feb 27, 2026
$730,000
$735,000
-1% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$735,000
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