
Oceanside, California 92056
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,299,000—positioned well below the $1,301,123 Fair Market Value by 0.16%. While the home maintains a Poor Condition Rating due to its 1989 vintage, it offers significant upside through modernization. Key features include panoramic ocean views, a private pool and spa, and a main-level bedroom. Located in the Vista Unified School District near top-rated schools, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5048 Viewridge Way Subject 4 bd · 3 ba · 2,251 sqft · $578 | $1,299,000* List Price | 4 | 3 | 2,251 | $578 | - |
A 4969 Lamia Way Sold 2 bd · 3 ba · 2,341 sqft · $427 · 1.0 mi | $1,000,000 | 2 | 3 | 2,341 | $427 | 1.0 mi |
B 4664 Cordoba Way Sold 2 bd · 2 ba · 2,100 sqft · $495 · 0.4 mi | $1,040,000 | 2 | 2 | 2,100 | $495 | 0.4 mi |
C 6051 Dassia Way Sold 2 bd · 2 ba · 1,982 sqft · $555 · 0.9 mi | $1,100,000 | 2 | 2 | 1,982 | $555 | 0.9 mi |
D 3577 Newland Rd Sold 3 bd · 3 ba · 1,754 sqft · $542 · 0.5 mi | $950,623 | 3 | 3 | 1,754 | $542 | 0.5 mi |
E 4919 Galicia Way Sold 2 bd · 2 ba · 1,800 sqft · $611 · 0.9 mi | $1,100,000 | 2 | 2 | 1,800 | $611 | 0.9 mi |
F 4921 Keos Way Pending 2 bd · 3 ba · 1,899 sqft · $523 · 0.7 mi | $994,000 List Price | 2 | 3 | 1,899 | $523 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (37 years old) with no mention of major renovations. Visuals confirm original 1980s/90s features, specifically the primary bathroom with dated pink square tiles and original shower enclosure. Per the criteria, properties over 30 years old without significant updates are classified as poor condition requiring rehab.
High School: Sage Creek High School (9/10).
The property offers rare and sweeping vistas of the Pacific Ocean, Catalina Island, and Mt. Calavera, providing a premium coastal atmosphere that is highly sought after in Oceanside.
The floor plan includes a desirable main-level bedroom and full bathroom, offering accessibility and flexibility for guests or multi-generational living.
With 58 days on the market, the listing may be perceived as stale by potential buyers, which could lead to increased pressure for price negotiations.
Built in 1989, the home may require significant capital investment for interior modernization and energy-efficient upgrades to compete with newer luxury inventory.
A view this extraordinary is rarely offered. From the moment you step inside, your eyes are drawn to sweeping panoramic vistas spanning the Pacific Ocean, Mt. Calavera, and distant Catalina Island. Perfectly positioned within the gated Ocean Terrace community, this exceptional home offers a front-row seat to some of Oceanside’s most breathtaking scenery. The spacious floor plan features four bedrooms, three bathrooms, a desirable main-level bedroom and bathroom, and a two-car garage. Bathed in natural light, the living spaces seamlessly extend to the backyard, where the spectacular coastal views take center stage. With no home directly across the street, you’ll enjoy added privacy and abundant on-street guest parking, while the property also offers the potential to expand the driveway to accommodate a third off-street parking space. Lifestyle perks include unwinding by or swimming in your private pool, enjoying Fourth of July fireworks across multiple coastal communities from the comfort of your own backyard, and living just minutes from Oceanside’s beaches, golf courses, restaurants, shopping, hiking trails, and freeway access. Opportunities to own a panoramic view home like this in Oceanside are few and far between.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,251 | 1,724.705 |
| Lot Size | 6,641 | 6,427.213 |
| Price | $1.30M | $960.6K |
| Price per sq ft | $577 | $549 |
| Built year | 1989 | 1987 |
| HOA | $130.0 | $149 |
| Days on market | 72 | 45 |
Aug 14, 2026
$1,299,000
Initial Listing
May 6, 2015
$510,000
Public Record