4625 Falkirk Bay, Oxnard, California 93035, Oxnard, 93035 - 2 bed, 2 bath
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Oxnard, California 93035
This Waterfront Value-Add Asset is listed at $1,499,900, carrying a premium over the $1,333,187 Fair Market Value due to its rare corner-lot positioning and superior harbor access. Boasting a 40-foot private boat dock and a Condition Rating of 4, the residence requires strategic interior modernization to maximize its coastal potential. The 1,376-square-foot layout features a finished mezzanine, a waterfront deck, and panoramic marina views, providing a solid foundation for forced appreciation. Located in the prestigious Mandalay Bay, this property is a strategic acquisition for Boating Enthusiasts or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4625 Falkirk Bay Subject | $1,499,900* List Price | 2 | 2 | 1,376 | $969 | - |
A 4411 Costa De Oro Sold | $1,430,000 | 2 | 2 | 1,216 | $1,176 | 0.2 mi |
B 5121 Breakwater Way Sold | $1,340,000 | 3 | 2 | 1,495 | $896 | 0.7 mi |
C 4505 Gateshead Bay Sold | $1,500,000 | 3 | 2 | 1,804 | $831 | 0.1 mi |
D 4907 Island View Street Sold | $1,247,348 | 3 | 2 | 1,531 | $815 | 0.3 mi |
E 4574 Gateshead Active | $1,789,000 List Price | 4 | 2 | 1,804 | $992 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is well-maintained but clearly dated. The kitchen features older tile countertops and white appliances, and the overall interior finishes are over 20 years old. The listing description explicitly states the property is ready for 'modern touches and updates,' placing it firmly in the fair category.
The property features a private 40-foot boat dock and direct water access on a desirable corner lot, offering exceptional value for boating enthusiasts in Mandalay Bay.
The single-story layout is enhanced by a finished mezzanine level above the kitchen, providing a flexible area perfect for a home office, hobby room, or additional guest space.
With a recent price reduction to $1,499,900, this home represents a competitive entry point into a high-demand coastal market for buyers looking to add value through renovation.
Built in 1976, the home requires significant modern updates and cosmetic renovations to meet contemporary luxury standards and maximize its coastal retreat potential.
At 1,376 square feet with only two bedrooms, the interior living space may be considered small for the price point, potentially limiting appeal for larger families.
A rare waterfront opportunity in the highly sought-after Mandalay Bay community of Oxnard. Perfectly situated on a corner lot, this single-story home features direct water access and a private 40-foot boat dock, offering the ideal setup for boating enthusiasts or anyone who dreams of living the harbor lifestyle.The property features 2 bedrooms and 2 bathrooms, plus a nicely finished mezzanine for additional living space that can be used as an office or kids' area located above the kitchen, a spacious living area with water views, and an open layout that offers great potential for personalization. This great property is ready for a new owner to bring their own modern touches and updates, making it an excellent choice for those looking to create a coastal retreat or vacation home tailored to their style.Enjoy easy access to the harbor, nearby beaches, restaurants, and the Channel Islands Harbor lifestyle. With its prime corner location, generous dock size, and endless potential, this home represents one of the best values in the area for those seeking to combine investment, leisure, and the beauty of waterfront living.Whether you're a boat owner, investor, or someone ready to make this home your own, this property is an opportunity not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,376 | 1,854 | 18% |
| Lot Size | 3,049 | 4,052.5 | 32% |
| Price | $1.50M | $1.29M | 57% |
| Price per sq ft | $1.1K | $658 | 79% |
| Built year | 1976 | 1977 | 50% |
| HOA | $50.0 | $0 | 76% |
| Days on market | 163 | 165 | 49% |
Feb 6, 2026
$1,499,900
$1,600,000
-6% Price Drop
Initial Listing
Nov 10, 2025
$1,600,000
Initial Listing
Oct 24, 2005
$875,000
Public Record
Jul 16, 2003
$585,000
Public Record