308 Elk River Place, Oxnard, California 93036, Oxnard, 93036 - 3 bed, 3 bath
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308 Elk River Place
Oxnard, California 93036
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,770Sq Ft
885Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$654,235
3% BelowMARKET VALUE
SUMMARY
This Move-In Ready Townhouse is a High-Potential Investment Opportunity, listed at $629,000—positioned well below the $654,235 Fair Market Value by 3%. This valuation gap offers $25,235 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a modern open-concept layout and a premier corner lot location. With access to Rancho Campana High (9/10) and proximity to The Collection, this property is an ideal choice for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$654,235+$25,235 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oxnard.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 Elk River Place Subject 3 bd · 3 ba · 1,770 sqft · $370 | $629,000* List Price | 3 | 3 | 1,770 | $370 | - |
A 3237 Moss Landing Sold 3 bd · 3 ba · 1,908 sqft · $375 · 0.5 mi | $715,000 | 3 | 3 | 1,908 | $375 | 0.5 mi |
B 3145 Lisbon Lane Sold 3 bd · 4 ba · 1,815 sqft · $366 · 0.6 mi | $665,000 | 3 | 4 | 1,815 | $366 | 0.6 mi |
C 3141 N Oxnard Boulevard Sold 4 bd · 3 ba · 2,170 sqft · $345 · 0.6 mi | $749,000 | 4 | 3 | 2,170 | $345 | 0.6 mi |
D 705 Forest Park Boulevard Sold 3 bd · 3 ba · 2,031 sqft · $358 · 0.5 mi | $727,500 | 3 | 3 | 2,031 | $358 | 0.5 mi |
E 731 Forest Park Boulevard Sold 3 bd · 3 ba · 2,031 sqft · $357 · 0.5 mi | $725,000 | 3 | 3 | 2,031 | $357 | 0.5 mi |
F 629 Forest Park Pending 3 bd · 3 ba · 1,816 sqft · $347 · 0.4 mi | $630,000 List Price | 3 | 3 | 1,816 | $347 | 0.4 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 (20 years old), the home is well-maintained and move-in ready. The kitchen features updated stainless steel appliances and stone countertops, while the cabinetry and bathrooms appear original to the build but in functional condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Prime Location and Lifestyle
Situated on a premier corner lot in the highly desirable River Park community, this home offers exceptional walkability to parks and 'The Collection' for premier shopping and dining.
- Exceptional Financial Value
With a competitive list price, an incredibly low $39 HOA fee, and potential access to a $20,000 buyer grant, this property offers a rare high-value opportunity in the Oxnard market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =885, other record lot size in square feet = 1214.
- Underperforming Local Schools
The immediate assigned public schools carry lower academic ratings (3-4/10), which may be a significant consideration for families prioritizing education.
- Minimal Private Outdoor Space
The lot size of 885 sq. ft. is smaller than the interior living square footage, indicating a lack of private yard space typical of high-density townhouse developments.
About 308 Elk River Place
Seaside Delight with Modern-Day Convenience...Nestled in highly sought-after River Park, 308 Elk River Place is a little slice of coastal happiness. Set on a premier corner lot along a tree-lined street, this inviting home is framed by colorful flowers, blooming shrubs, and lush greenery. Walls of windows fill the home with natural light, while the airy, open-concept design brings the living, dining, and kitchen spaces together in effortless harmony.Upstairs, three spacious bedrooms await. The primary suite features walls of windows, a generous walk-in closet, and a cozy sitting enclave. An in-home laundry room and attached two-car garage add everyday ease.Stroll through nearby parks, wander the walking paths, and enjoy the green spaces. The Collection's fine dining and shopping, along with Freeway 101, are just minutes away.A little extra good fortune: A local bank may offer qualified buyers a grant of up to $20,000, subject to approval and program requirements.Offered at $629,000 - a rare opportunity, we think is one of the best values in town!There's only one home like 308 Elk River Place. Take a little detour today, come have a look, your dream home may be just around the corner.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2006
- Lot Size
- 885 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $39.0 / Month
Neighborhood Insights
Oxnard Unified Schools
Rio Del Mar School
Grades K-5 • 0.4 mi
4/10
Rio Vista Middle School
Grades 6-8 • 0.2 mi
3/10
Rio Mesa High School
Grades 9-12 • 1.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,770 | 1,690.737 |
| Lot Size | 885 | 1,951.737 |
| Price | $629.0K | $647.9K |
| Price per sq ft | $355 | $443 |
| Built year | 2006 | 2000 |
| HOA | $39.0 | $381 |
| Days on market | 1 | 89 |
Pricing History
Listed for Sale
Oct 23, 2026
$629,000
Initial Listing
Sold
Jan 25, 2007
$459,000
Public Record