505 Calle Montecito 23, Oceanside, California 92057, Oceanside, 92057 - 2 bed, 2 bath
Loading property details...
505 Calle Montecito 23
Oceanside, California 92057
ACTIVE
CONDITION: GOOD
2Beds
2Baths
856Sq Ft
303,613.188Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$416,223
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $425,000—positioned slightly above the $416,224 Fair Market Value. While the price reflects the market, the unit offers a Condition Rating of 3, featuring Granite Kitchen Counters, Tile Flooring, and a Newer Furnace. With its VA Approved status, ground-floor accessibility, and proximity to Libby Lake Park, this home provides a stable, low-maintenance lifestyle. It is an ideal acquisition for Military Buyers or first-time buyers seeking a move-in ready residence in a well-maintained community.
Estimated Market Value
$416,223
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Calle Montecito 23 Subject 2 bd · 2 ba · 856 sqft · $486 | $425,000* List Price | 2 | 2 | 856 | $486 | - |
A 517 Calle Montecito 91 Sold 2 bd · 1 ba · 806 sqft · $478 · 0.1 mi | $385,000 | 2 | 1 | 806 | $478 | 0.1 mi |
B 155 Avenida Descanso 202 Sold 2 bd · 1 ba · 741 sqft · $499 · 0.5 mi | $370,000 | 2 | 1 | 741 | $499 | 0.5 mi |
C 5021 Los Morros 31 Sold 2 bd · 2 ba · 1,100 sqft · $435 · 0.6 mi | $479,000 | 2 | 2 | 1,100 | $435 | 0.6 mi |
D 156 Avenida Descanso C Sold 2 bd · 2 ba · 912 sqft · $477 · 0.5 mi | $435,000 | 2 | 2 | 912 | $477 | 0.5 mi |
E 5130 N River Rd Unit B Sold 2 bd · 2 ba · 992 sqft · $428 · 0.8 mi | $425,000 | 2 | 2 | 992 | $428 | 0.8 mi |
F 505 Calle Montecito 28 Sold 2 bd · 2 ba · 856 sqft · $481 | $412,000 | 2 | 2 | 856 | $481 | - |
G 510 Calle Montecito 53 Sold 2 bd · 2 ba · 856 sqft · $496 | $425,000 | 2 | 2 | 856 | $496 | - |
H 525 Calle Montecito 122 Pending 2 bd · 1 ba · 806 sqft · $471 · 0.0 mi | $380,000 List Price | 2 | 1 | 806 | $471 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. Although built in 1985, it features key updates including granite countertops in the kitchen and bathrooms, full tile flooring, recent paint, and a newer furnace and laundry machines that are only 2.5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Accessibility
The ground-floor location with no stairs provides excellent accessibility for all buyers, including those with mobility concerns or a preference for single-level living.
- VA Approved Complex
The complex is VA approved, making it a highly attractive and streamlined option for military personnel and veterans looking to utilize their home loan benefits.
- Updated Interior & Maintenance
The unit is well-maintained with durable tile flooring, granite countertops, and newer essential systems including a 2.5-year-old furnace and laundry machines.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =303613, other record lot size in square feet = 303705.
- High Association Fees
The monthly HOA fee of $620 is relatively high for an 856-square-foot unit, which may impact overall monthly affordability and buyer interest.
- Compact Living Space
At 856 square feet for a two-bedroom, two-bathroom layout, the interior living space is quite compact and may feel restrictive for some residents.
About 505 Calle Montecito 23
2 Bedroom 2 Bathroom Condominium Unit located on the 1st floor (No Stairs). Unit features all tile flooring throughout, and laundry on the covered patio in laundry closet. Laundry machines and furnace are 2.5 yrs old. Home was painted 2.5 years ago, and re-touched up recently. Unit has been well maintained. Kitchen and bathrooms feature granite counters. Main bedroom / bathroom features a walk-in closet. 1.25 mile to shopping & movie theater, 6 mile radius to pier, Ocean, and harbor. Project features pool & spa and is located across the street from Libby Lake Park which features barbecue/picnic areas, playground, a lake, and walking paths. Single Story Unit located on the first floor of a two story building. VA Approved Complex—perfect for military buyers!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 303,613.188 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $620.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Libby Elementary School
Grades K-5 • 0.2 mi
4/10
Reynolds Elementary School
Grades K-5 • 0.4 mi
5/10
Cesar Chavez Middle School
Grades 6-8 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 856 | 1,071.232 |
| Lot Size | 303,613.188 | 55,759.858 |
| Price | $425.0K | $576.2K |
| Price per sq ft | $496 | $544 |
| Built year | 1985 | 1988 |
| HOA | $620.0 | $530 |
| Days on market | 31 | 58 |
Pricing History
Listed for Sale
Sep 24, 2026
$425,000
Initial Listing
Sold
Oct 10, 2023
$375,000
Public Record
Sold
Dec 31, 2008
$112,000
Public Record
Sold
May 31, 2005
$258,000
Public Record