317 Melrose Drive, Oxnard, California 93035, Oxnard, 93035 - 4 bed, 3 bath
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Oxnard, California 93035
This Versatile Coastal Residence is listed at $1,549,000—positioned well below the $1,570,380 Fair Market Value by 1%. This valuation gap offers $21,380 in Instant Equity, representing a stable entry into a premium market. Maintaining a Good Condition Rating, the home features a dual-living floor plan with a private guest retreat and kitchenette, perfect for house-hacking. Located 1/2 block from the sand in Hollywood By The Sea and near the 9/10 rated Rancho Campana High, it offers significant lifestyle upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 317 Melrose Drive Subject | $1,549,000* List Price | 4 | 3 | 2,237 | $702 | - |
A 116 Pasadena Avenue Sold | $1,845,000 | 3 | 3 | 2,371 | $778 | 0.5 mi |
B 121 Los Angeles Avenue Sold | $1,790,000 | 3 | 3 | 2,133 | $839 | 0.7 mi |
C 137 Fillmore Avenue Active Under Contract | $1,815,000 List Price | 3 | 3 | 2,177 | $834 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several key updates that elevate it above a 'fair' rating despite its 1977 build date. The kitchen is equipped with a modern LG stainless steel appliance package and granite countertops, while the bathrooms have been updated with contemporary features like seamless glass showers and dual sinks. The home also includes functional upgrades such as solar panels and recessed lighting. While the tile flooring and beadboard cabinetry suggest renovations occurred more than five years ago, the overall quality and lack of deferred maintenance align with the 'good' criteria.
Situated just half a block from the sand in Hollywood By The Sea, this property offers immediate beach access and a quintessential coastal lifestyle between Malibu and Santa Barbara.
The home features a functional lock-out design with a downstairs guest retreat, kitchenette, and separate entrance, providing excellent potential for multi-generational living or rental income.
Rare for beach-area properties, this home includes an attached two-car garage and an oversized driveway, offering significant space for guest parking and recreational gear like bikes and boards.
Built in 1977, the property may require more frequent maintenance or further modernization to keep pace with contemporary high-end coastal standards.
With a lot size of approximately 2,178 square feet, the outdoor space is limited to balconies and a small paved area, which may not suit buyers looking for a traditional yard.
Welcome to paradise at Hollywood By The Sea, located on one of the most beautiful stretches of beach in Ventura County. This classic beach home located 1/2 block to the sand offers both comfort and versatility. The downstairs level features a private guest retreat with two bedrooms, an updated bathroom with a seamless glass shower and a welcoming living area complete with a convenient kitchenette. It has a lock out potential to accommodate dual living quarters, with its own garage space and a sliding door that leads to a charming outdoor space with Spanish tile pavers--perfect for barbecuing, relaxing, and storing beach gear.Upstairs, a beautifully tiled staircase leads to a stunning living room with vaulted wood beam ceilings, a designer tile surrounds fireplace, and ceiling fan. The open-concept living and dining area flows seamlessly to a spacious balcony through sliding glass doors, inviting in refreshing ocean breezes. The kitchen opens to the living space and features bar seating, recessed lighting, and a sleek LG appliance package.The upstairs bathroom is generously sized with dual sinks, a large mirror, and designer lighting. Two oversized bedrooms--each comparable to a primary suite--offer incredible space and private access to a third balcony.Tile flooring runs throughout the home, offering durability and easy maintenance for beach living. Multiple closets provide ample storage throughout.Additional features include an interior laundry and utility room ideal for sandy towels, an attached two-car garage with extra space for bikes and water toys, and an oversized driveway with rare guest parking.Enjoy island views and the sparkling Pacific Ocean just steps away, with breathtaking sunsets you will treasure for a lifetime. Perfectly positioned just above Channel Islands Harbor--the gateway to Channel Islands National Park--and ideally situated halfway between Malibu and Santa Barbara, this coastal retreat offers the ultimate beach lifestyle. Your days will be filled with wave-filled adventures, kayaking, paddleboarding, boating, visits to local yacht clubs, nearby wineries, golf, boutique shopping, and an array of dining experiences.This is the perfect beach getaway--come for a day, stay for a lifetime.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 9-12 • 2.6 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,237 | 1,872 | 69% |
| Lot Size | 2,178 | 4,052.5 | 6% |
| Price | $1.55M | $1.29M | 61% |
| Price per sq ft | $692 | $658 | 51% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 165 | 3% |
Apr 13, 2026
$1,549,000
Initial Listing
May 25, 2017
$714,000
Public Record
Apr 28, 2016
$629,000
Public Record