4950 Luna Drive, Oceanside, California 92057, Oceanside, 92057 - 3 bed, 2 bath
4950 Luna Drive
Oceanside, California 92057
Property Price
SUMMARY
Analysis of 4950 Luna Drive, Oceanside, California 92057 reveals a Fairly Priced Property with a current list price of $829,000 aligned with the estimated $843,253 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceanside 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4950 Luna Drive Subject | $829,000* List Price | 3 | 2 | 1,496 | $564 | - |
A 4949 Luna Drive Sold | $825,000 | 3 | 2 | 1,494 | $552 | 0.0 mi |
B 4947 Luna Drive Sold | $845,000 | 3 | 2 | 1,310 | $645 | 0.0 mi |
C 530 Roja Drive Sold | $696,000 | 3 | 2 | 1,150 | $605 | 0.1 mi |
D 4820 Siesta Dr Sold | $835,000 | 3 | 2 | 1,388 | $602 | 0.4 mi |
E 4795 Stephanie Sold | $770,000 | 4 | 2 | 1,180 | $653 | 0.3 mi |
F 4569 Calle Del Palo Sold | $780,888 | 3 | 2 | 1,440 | $542 | 0.9 mi |
G 663 Charles Drive Active | $805,000 List Price | 4 | 2 | 1,536 | $524 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1965, the property has undergone a comprehensive, top-to-bottom renovation within the last year. It features a brand-new roof, HVAC, plumbing, and electrical systems, along with all-new appliances, modern flooring, and updated kitchen and bathroom finishes. The home is in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Turnkey Renovation
The property has undergone an extensive top-to-bottom remodel including a new roof, HVAC, plumbing, and electrical systems, offering buyers a move-in-ready experience with the peace of mind of updated major components.
- Low Carrying Costs
With no HOA fees and no Mello-Roos assessments, this home provides a significantly lower monthly ownership cost compared to many newer developments in the Oceanside area.
- ADU and Expansion Potential
The 6,000-square-foot lot features a spacious, flat backyard that serves as a blank canvas, offering ample room for an Accessory Dwelling Unit (ADU), a pool, or a custom outdoor retreat.
CONSRISKS & DEFICIENCIES
- Mixed School Ratings
While the property is conveniently located near multiple schools, several of the assigned public institutions have lower performance ratings, which may be a concern for education-focused families.
- Lack of Scenic Views
The property does not offer any significant views of the ocean or surrounding hills, which may limit its competitive appeal compared to other elevated lots in the region.
About 4950 Luna Drive
Completely remodeled 3-bedroom, 2-bath single-story home with no HOA and no Mello-Roos. This move-in-ready property features a brand-new roof, new AC system, new heating system, new ducting throughout, new water heater, all new appliances, new plumbing and electrical, fresh interior and exterior paint, new tile flooring throughout, new garage door and ceiling fans in every room. Each bedroom includes custom closet build-outs for smart, organized storage. The home offers a bright, modern layout with updated finishes and a beautiful sunroom providing flexible space for a home office, gym, or additional living area. Extensive new concrete work includes a freshly poured patio and expanded hardscape surrounding the home, creating clean, low-maintenance outdoor living. The spacious backyard is a true blank canvas with room to build an ADU, add a pool, or create a garden retreat and entertaining space. Ideally located near Camp Pendleton, schools, shopping, dining, and convenient freeway access. A rare opportunity to own a fully upgraded home in an established Oceanside neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Libby Elementary School
Grades K-5 • 0.3 mi
Del Rio Elementary School
Grades K-5 • 0.4 mi
Reynolds Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,496 | 1,579 | 46% |
| Lot Size | 6,000 | 5,422 | 55% |
| Price | $829.0K | $860.0K | 44% |
| Price per sq ft | $554 | $468 | 72% |
| Built year | 1965 | 1988 | 7% |
| HOA | $0 | $142 | 29% |
| Days on market | 7 | 164 | 2% |
Pricing History
Listed for Sale
Feb 28, 2026
$829,000
Initial Listing