
Oceanside, California 92054
This Coastal Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,599,000—positioned above the $1,425,164 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, supported by recent upgrades including a newer mini-split HVAC, solar panels, and a garage roof. The spacious corner lot and future development potential via recent zoning changes offer significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime South Oceanside lifestyle near Buccaneer Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Eaton Street Subject | $1,549,000* List Price | 2 | 1 | 904 | $1,559 | - |
A 1117 Camelia Street Sold | $1,407,500 | 3 | 1 | 953 | $1,477 | 0.9 mi |
B 1909 11 S Freeman Street Sold | $1,640,000 | 4 | 2 | 1,250 | $1,312 | 0.3 mi |
C 710 Morse Pending | $1,295,000 List Price | 2 | 2 | 942 | $1,375 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property is well-maintained and move-in ready with significant recent system updates, including a one-year-old mini-split HVAC system, a one-year-old garage roof, and solar panels. The interior features updated wood-look flooring and a functional kitchen with stainless steel appliances and a butcher block island, suggesting a renovation within the 5-15 year range.
Situated west of Coast Highway in the coveted St. Malo Terrace, the property offers an ideal lifestyle with walking access to Buccaneer Beach and local South Oceanside amenities.
The spacious corner lot and recent zoning changes provide a significant opportunity to build upward, potentially capturing ocean views and increasing long-term value.
The home features energy-efficient solar, a newer mini-split HVAC system, and a detached shed perfect for a home office or studio, adding functional value to the coastal cottage.
Listed at nearly $1.6 million for 904 square feet, the property carries a premium price point that may challenge buyers looking for immediate living space value.
With only two bedrooms and a single bathroom, the home's small footprint may be restrictive for growing families or those requiring more modern bathroom facilities.
Coastal charm meets the ultimate South Oceanside lifestyle! Nestled in the highly sought-after St. Malo Terrace neighborhood, this beautifully maintained single-story coastal home sits on a desirable corner lot just west of Coast Highway and only a short stroll to Buccaneer Beach. Offering 2 bedrooms, 1 bathroom, and approximately 904 square feet of living space, this home blends timeless character with thoughtful updates. The inviting living room is centered around a stunning stone fireplace and features a newer mini-split heating and air conditioning system installed approximately one year ago for year-round comfort. Solar provides added energy efficiency, and the garage features a newer roof completed approximately one year ago. A detached shed offers the perfect space for an art studio, hobby room, workshop, home office, or extra storage. The property also offers RV parking or additional off-street parking for two vehicles, a rare convenience in this coveted beach community. Enjoy the spacious corner lot, coastal breezes, and an unbeatable location just moments from the sand. Walk to Buccaneer Beach, St. Malo Beach, Tanner's Prime Burgers, South O Brewing, local coffee shops, restaurants, boutiques, parks, and everything that makes South Oceanside one of North County's most desirable coastal communities. Whether you're looking for a full-time residence, weekend beach retreat, or investment opportunity, this home offers an incredible opportunity. The City of Oceanside has adopted zoning changes that may provide future development potential in this area, build up and Oceanviews!!creating additional long-term value. Buyer to verify all zoning, land use, and development possibilities with the City of Oceanside. Experience the relaxed coastal lifestyle that makes South O so special and come see why this is one of the most desirable places to call home.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.7 |
| Square foot | 904 | 1,758.131 |
| Lot Size | 5,545 | 6,591.383 |
| Price | $1.55M | $979.3K |
| Price per sq ft | $1.7K | $556 |
| Built year | 1952 | 1986 |
| HOA | $0 | $145 |
| Days on market | 57 | 44 |
Aug 29, 2026
$1,549,000
$1,599,000
-3% Price Drop
Initial Listing
Aug 5, 2026
$1,599,000
$1,649,000
-3% Price Drop
Initial Listing
Jul 14, 2026
$1,649,000
Initial Listing