
Oceanside, California 92054
This Coastal Residential Asset is a High-Potential Investment Opportunity, listed at $1,649,000—positioned above the $1,439,969 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 with recent upgrades including a mini-split HVAC system and solar panels. The spacious corner lot and favorable zoning changes provide significant long-term development potential for ocean-view expansion. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime South Oceanside location near Buccaneer Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 311 Eaton Street Subject | $1,649,000* List Price | 2 | 1 | 904 | $1,593 | - |
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 |
* 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 1-year-old mini-split HVAC system, solar panels, and a newer garage roof. Interior photos show updated flooring and recessed lighting, indicating the home has been modernized beyond its original 1950s state.
Situated west of Coast Highway in the highly coveted St. Malo Terrace neighborhood, this home offers an unbeatable lifestyle within walking distance to Buccaneer Beach and local South O amenities.
The property sits on a spacious corner lot with favorable zoning changes that may allow for future vertical development to capture ocean views, providing significant long-term investment value.
Rare for this beach community, the property features RV parking, a detached studio/workshop shed, and recent upgrades including a mini-split HVAC system and solar panels.
At a list price of $1.649M for only 904 square feet of living space, the property represents a significant premium that may be difficult for traditional buyers to justify without immediate expansion.
The 2-bedroom, 1-bathroom configuration is quite modest for the price point, potentially limiting the buyer pool to investors or those seeking a secondary beach retreat rather than a primary family residence.
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 | 3.0 |
| Square foot | 904 | 1,763 |
| Lot Size | 5,545 | 6,750 |
| Price | $1.65M | $960.1K |
| Price per sq ft | $1.8K | $566 |
| Built year | 1952 | 1986 |
| HOA | $0 | $144 |
| Days on market | 8 | 42 |
Jul 14, 2026
$1,649,000
Initial Listing