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3101 Peninsula Road 118, Oxnard, California 93035, Oxnard, 93035 - 1 bed, 1 bath

3101 Peninsula Road 118, Oxnard, California 93035 home-pic-0
ACTIVE$590,000$801/sqft
3101 Peninsula Road 118, Oxnard, California 93035
1Bed
1Bath
801Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Waterfront Location & Panoramic Views: The property boasts a highly desirable waterfront location in Channel Islands Harbor, offering impressive water views and breathtaking sunsets from every room, enhancing its appeal as a coastal retreat.
Top Cons:
High Monthly Association Fees: The monthly association fee of $775 is relatively high for a one-bedroom unit, which could impact affordability for some buyers and reduce net rental income for investors.

Compared to the nearby listings

Price:$590.0K vs avg $725.0K ($-135,000)25%
Size:801 sqft vs avg 1,368 sqft7%
Price/sqft:$737 vs avg $55387%

More Insights

Built in 1974 (52 years old).
Condition: Despite the 1974 build year, the listing explicitly states the home was 'extensively remodeled from the studs.' The images confirm this with a modern kitchen featuring crisp white and glass cabinetry, quartz countertops, and stainless steel appliances. The bathroom also showcases a contemporary vanity, a large walk-in shower with modern tiling, and a glass enclosure. All visible components, including flooring (tile and carpet), light fixtures, and overall finishes, appear new or virtually new, meeting current quality standards with no deferred maintenance, making it truly turn-key.
Year Built
1974
Close
-
List price
$590K
Original List price
$590K
Price/Sqft
$737
HOA
$775
Days on market
-
Sold On
-
MLS number
V1-33862
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Harbor, Landmark, Marina, Ocean, Panoramic, Water
Patio
ViewPark/Greenbelt, Harbor, Landmark, Marina, Ocean, Panoramic, Water

About this home

Location, location! This rare and highly desirable waterfront residence offers the largest one-bedroom floor plan and features an expansive private patio that seamlessly extends the living space outdoors. The popular single-story San Miguel floor plan showcases impressive water views and breathtaking sunsets from every room.Extensively remodeled from the studs, the home features crisp white and glass cabinetry, quartz countertops, stainless steel appliances, tile flooring and elegant crown molding throughout. The oversized patio provides ample space for entertaining, relaxing, and enjoying the ever-changing harbor views.Offered furnished and truly turn-key, this beachside retreat is ready for immediate enjoyment and has an excellent rental history as a successful vacation rental--making it equally appealing as a personal getaway or investment opportunity.Ideally situated in the heart of Channel Islands Harbor at Hollywood Beach, the resort-style community amenities include a waterside clubhouse with pool and spa, gas grills, an indoor lounge and party room, saunas, and a fully equipped fitness center. Additional amenities include two more pools, tennis and pickleball courts, and beautifully landscaped grounds.A new resort hotel, restaurant, and marina are planned next door, further enhancing the appeal of this sought-after peninsula. Channel Islands Harbor offers an exceptional coastal lifestyle with dining, yacht clubs, a maritime museum, theater, Sunday farmers and fishermen's markets, festivals, and a wide range of water sports. Just offshore, the Channel Islands provide some of the finest fishing, diving, cruising, and whale watching in the world.Perfectly located on the Southern California coast between Malibu and Santa Barbara, this property offers an exceptional blend of waterfront living, resort-style amenities, and proven rental appeal.

S
Susan O'Brien
Listing Agent

Price History

Date
Event
Price
05/16/22
Sold
$570,000
10/06/15
Sold
$317,500
08/05/04
Sold
$400,000
Condition Rating
Excellent
Despite the 1974 build year, the listing explicitly states the home was 'extensively remodeled from the studs.' The images confirm this with a modern kitchen featuring crisp white and glass cabinetry, quartz countertops, and stainless steel appliances. The bathroom also showcases a contemporary vanity, a large walk-in shower with modern tiling, and a glass enclosure. All visible components, including flooring (tile and carpet), light fixtures, and overall finishes, appear new or virtually new, meeting current quality standards with no deferred maintenance, making it truly turn-key.
Pros & Cons

Pros

Waterfront Location & Panoramic Views: The property boasts a highly desirable waterfront location in Channel Islands Harbor, offering impressive water views and breathtaking sunsets from every room, enhancing its appeal as a coastal retreat.
Extensive Modern Renovation & Turn-key: Extensively remodeled from the studs with high-end finishes like quartz countertops, stainless steel appliances, and crown molding, the unit is offered furnished and turn-key, ready for immediate enjoyment.
Strong Investment & Rental Potential: With an excellent history as a successful vacation rental and planned adjacent resort development, this property presents a compelling investment opportunity with potential for future appreciation.
Comprehensive Resort-Style Amenities: Residents benefit from a wide array of resort-style community amenities including multiple pools, a spa, fitness center, tennis/pickleball courts, and a waterside clubhouse, offering a luxurious lifestyle.
Expansive Private Outdoor Living: Featuring the largest one-bedroom floor plan and an oversized private patio, the property provides ample outdoor space for entertaining and relaxation, seamlessly extending the living area.

Cons

High Monthly Association Fees: The monthly association fee of $775 is relatively high for a one-bedroom unit, which could impact affordability for some buyers and reduce net rental income for investors.
Older Building Structure: Built in 1974, the building is older, which may lead to potential future maintenance concerns or special assessments for the association, despite the unit's interior remodel.
Limited Bedroom Count: As a one-bedroom unit, its appeal is limited to a specific demographic, such as singles, couples, or vacationers, potentially narrowing the pool of prospective buyers compared to multi-bedroom properties.
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