
Oxnard, California 93035
This Turnkey Condominium is a Strong Value Opportunity, listed at $489,000—positioned well below the $519,009 Fair Market Value by 5%. This valuation gap offers $30,009 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes an updated kitchen, newer furnace, and a private patio. Located near Mandalay Beach and Rancho Campana High (9/10), it offers a coastal lifestyle. This is an ideal acquisition for first-time buyers or investors seeking a well-maintained, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3153 Kelp Lane Subject | $489,000* List Price | 2 | 2 | 1,042 | $498 | - |
A 2923 Kelp Lane Sold | $519,000 | 2 | 2 | 1,051 | $494 | 0.2 mi |
B 3001 Isle Way B Sold | $495,000 | 2 | 2 | 945 | $524 | 0.7 mi |
C 3215 Kelp Lane Sold | $518,000 | 2 | 2 | 1,051 | $493 | 0.1 mi |
D 3000 Isle Way C Sold | $520,000 | 2 | 2 | 945 | $550 | 0.7 mi |
E 2324 Miramar Walk Sold | $535,000 | 3 | 2 | 1,148 | $466 | 0.6 mi |
F 2213 Miramar Walk 2213 Sold | $500,000 | 3 | 2 | 1,189 | $421 | 0.6 mi |
G 3000 W Isle Way A Sold | $449,000 | 2 | 2 | 945 | $475 | 0.7 mi |
H 3017 Kelp Lane Active Under Contract | $519,900 List Price | 2 | 2 | 1,051 | $495 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1980, the property has been well-maintained with significant updates including a modern kitchen with newer appliances, updated laminate flooring, and a newer furnace. It is move-in ready and functional, meeting the criteria for a property with a 5-15 year renovation profile.
High School: Rancho Campana High (9/10).
Situated just minutes from Mandalay Beach and Channel Islands Harbor, this property offers an exceptional coastal lifestyle with easy access to beaches, dining, and maritime recreation.
The Mandalay Beach Townhomes provide high-value amenities including a pool, spa, tennis courts, and rare gated RV/boat parking, which is a significant benefit for outdoor enthusiasts.
The association fee of $497 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
Despite its proximity to the ocean, the property listing indicates no specific views, which may be a drawback for buyers seeking the typical aesthetic appeal of a beachside community.
Welcome to 3153 Kelp Lane in the desirable Mandalay Beach Townhomes community in Oxnard. This well-maintained two-story condo offers two bedrooms and two bathrooms.The main level offers an updated kitchen with modern countertops, a newer stove, a separate dining area, and a spacious living room with a cozy fireplace, updated laminate-style flooring, and convenient half bathroom. Sliding glass doors lead to a private patio, creating a great space for relaxation or entertainment.Upstairs, you'll find two spacious bedrooms with abundant natural light, and a full bathroom and convenient laundry hookups. Additional features include an attached two car garage with ample storage space and a newer furnace for added comfort and efficiency.The community offers great amenities, including a swimming pool, spa, tennis courts, gated RV/boat parking, beautifully maintained grounds and guest parking. Conveniently located just minutes from the Mandalay Beach and Channel Islands Harbor, shopping, dining, parks and commuter routes, this condo offers an excellent opportunity whether you're buying your first home, looking to downsize or searching for an investment property. Enjoy the coastal lifestyle in a well- established community.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,042 | 1,384 |
| Lot Size | 1,306 | 1,824 |
| Price | $489.0K | $684.8K |
| Price per sq ft | $469 | $483 |
| Built year | 1980 | 1986 |
| HOA | $497.0 | $718 |
| Days on market | 15 | 66 |
Jul 7, 2026
$489,000
Initial Listing