5020 Terramar Way, Oxnard, California 93035, Oxnard, 93035 - 3 bed, 2 bath
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Oxnard, California 93035
This Single-Story Beach Cottage represents a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,414,262 Fair Market Value by 4%. This valuation gap offers $65,262 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and modern primary suite. Its coastal location with private paseo access provides a premium lifestyle, making this an ideal acquisition for Owner-Occupants or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5020 Terramar Way Subject | $1,349,000* List Price | 3 | 2 | 1,503 | $941 | - |
A 5221 Wavecrest Way Sold | $1,699,000 | 3 | 2 | 1,567 | $1,084 | 0.3 mi |
B 5121 Breakwater Way Sold | $1,340,000 | 3 | 2 | 1,495 | $896 | 0.2 mi |
C 5113 Whitecap Street Sold | $1,600,000 | 3 | 4 | 1,695 | $944 | 0.2 mi |
D 4625 Falkirk Bay Sold | $1,360,000 | 2 | 2 | 1,376 | $988 | 0.6 mi |
E 5120 Terramar Way Sold | $1,655,000 | 3 | 3 | 2,008 | $824 | 0.1 mi |
F 2144 Kingsbridge Sold | $1,720,777 | 3 | 3 | 1,800 | $956 | 0.8 mi |
G 2145 Kingsbridge Way Sold | $1,720,000 | 3 | 3 | 1,800 | $956 | 0.8 mi |
H 4505 Gateshead Bay Sold | $1,500,000 | 3 | 2 | 1,804 | $831 | 0.7 mi |
I 4818 Island View Street Active | $1,550,000 List Price | 3 | 2 | 1,656 | $936 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property has undergone significant renovations within the 5-15 year range. The kitchen features updated white cabinetry, granite countertops, and high-end built-in appliances. The primary bathroom has been modernized with a freestanding tub and dual vanities. The home is well-maintained, features newer flooring and skylights, and is in move-in ready condition.
Situated just minutes from the sand with a private back gate leading to a paseo walkway, this property offers exceptional access to the ocean for a quintessential beach lifestyle.
As a single-level residence, this home provides high desirability and accessibility, a feature that is increasingly rare and sought after in competitive coastal neighborhoods.
The primary suite and secondary bedrooms offer direct access to a well-appointed backyard featuring a firepit and outdoor shower, perfect for entertaining and post-beach relaxation.
Despite its proximity to the coast, the property does not offer ocean or scenic views, which may be a drawback for buyers expecting a visual connection to the water at this price point.
With a lot size of 3,920 square feet, the outdoor space is relatively limited, potentially restricting future expansions or significant landscaping projects.
Enjoy coastal living in this inviting single-story beach cottage, located just a few minutes from the sand. This 3 bedroom, 2 bath home offers a comfortable layout with a bright living room featuring skylights and a fireplace, and a well-appointed kitchen with a granite-topped island and built-in refrigerator. The primary suite includes dual vanities, a freestanding tub, a spacious shower, and direct access to the backyard. Secondary bedrooms are nicely sized, with one also opening to the backyard--complete with a patio, firepit, and outdoor shower. A back gate leads to the paseo walkway for easy access to the ocean, perfect for daytime or evening strolls. The home also features a glass-lead front door, a 2-car garage with washer and dryer, and a large driveway offering ample parking. A rare single-story cottage in a desirable coastal neighborhood, ready for you to make it your own.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.8 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,503 | 1,821 |
| Lot Size | 3,920 | 5,662 |
| Price | $1.35M | $837.2K |
| Price per sq ft | $898 | $531 |
| Built year | 1976 | 1980 |
| HOA | $0 | $112 |
| Days on market | 11 | 51 |
Jul 11, 2026
$1,349,000
Initial Listing
May 23, 2012
$484,000
Public Record
Oct 1, 2004
$715,000
Public Record