459 Oceana Drive, Dillon Beach, CA 94929, Dillon Beach, 94929 - 4 bed, 4 bath

459 Oceana Drive, Dillon Beach, CA 94929 home-pic-0

459 Oceana Drive

Dillon Beach, CA 94929

ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,947Sq Ft
9,601Lot Size

Property Price

LIST PRICE$2,225,000
EST. MARKET VALUE
$2,086,824
6% AboveMARKET VALUE

SUMMARY

Analysis of 459 Oceana Drive, Dillon Beach, CA 94929 reveals a property with a current list price of $2,225,000, which is 6% above the estimated $2,086,824 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Dillon Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,086,824
Based on Realkey algorithm analyzing recent comparable sales in Dillon Beach.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
459 Oceana Drive
Subject
$2,225,000*
List Price
442,947$708-
A
32 Kailua Way
Sold
$1,850,000442,833$6530.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1996, this property is well-maintained and move-in ready. The kitchen features modern stainless steel appliances, white shaker-style cabinets, and granite countertops, though the mosaic backsplash is a bit dated. Bathrooms are clean and functional, with some elements like glass block showers and mosaic borders showing signs of a renovation from 15-20 years ago, rather than a recent update. Flooring (tile and carpet) and overall interior appear in good condition with minimal wear and tear, suitable for its use as a popular vacation rental.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Coastal Views

    The property boasts fantastic, unobstructed views of the ocean, Tomales Point, and Bodega Head, enhanced by its hilltop location.

  • Proven Income-Generating Asset

    Currently a popular vacation rental, offering immediate revenue potential for a new owner.

  • Generous Living Space & Layout

    With 4 bedrooms, 4 bathrooms, and 2947 sqft across multiple levels, including a great room and family room, it provides ample space and a versatile floor plan.

CONSRISKS & DEFICIENCIES

  • Substantial Association Fees

    The property incurs a significant association fee of $909, adding to the recurring ownership costs.

  • Aggressive Price Point

    The current list price of $2.225M represents a considerable increase from previous sales, necessitating thorough market analysis to justify its value to potential buyers.

  • Potential for Vacation Rental Wear & Tear

    As a popular vacation rental, the property may have experienced higher usage and potential wear and tear, which could require ongoing maintenance or future updates.

About 459 Oceana Drive

Popular vacation rental ready for a new owner! 4 bed. 4 bath, 2947sf on large lot with fantastic views! Perched at the top of the hill, three decks, one with hot tub, what a place to relax! Listen to the ocean, look at the ocean, Tomales Point, and Bodega Head! Great room on one level, primary bed and bath on another, family room on mid level.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1996
Lot Size
9,601 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$909 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
57%
Baths4.02.0
71%
Square foot2,9472,200
71%
Lot Size9,6019,601
50%
Price$2.23M$1.53M
86%
Price per sq ft$755$653
57%
Built year19961991
57%
HOA$909$950
29%
Days on market120299
14%

Pricing History

Listed for Sale

Nov 7, 2025

$2,225,000

Initial Listing

Sold

Nov 22, 2019

$1,475,000

Public Record

Sold

Jan 15, 2014

$895,000

Public Record

Sold

Mar 14, 2013

$840,000

Public Record

Sold

Apr 12, 1994

$192,000

Public Record

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