5138 Palmera Drive, Oceanside, California 92056, Oceanside, 92056 - 4 bed, 3 bath
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Oceanside, California 92056
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,198,975—positioned well below the $1,238,352 Fair Market Value by 3%. This valuation gap offers $39,377 in Instant Equity. Featuring a remodeled kitchen, solar system, and a resort-style backyard with pool and spa, the property maintains a Condition Rating of 2. Located in the Oceanside Unified district, it provides an ideal lifestyle for Owner-Occupants or discerning families seeking a turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5138 Palmera Drive Subject | $1,198,975* List Price | 4 | 3 | 2,664 | $465 | - |
A 1303 Darwin Sold | $1,215,000 | 5 | 3 | 2,501 | $486 | 0.5 mi |
B 5014 Palmera Sold | $1,250,000 | 4 | 3 | 2,797 | $447 | 0.2 mi |
C 5010 Palmera Drive Sold | $1,141,500 | 4 | 3 | 2,664 | $428 | 0.2 mi |
D 1064 Darwin Drive Sold | $980,000 | 4 | 3 | 2,459 | $399 | 0.6 mi |
E 1236 Sunbright Drive Sold | $1,050,000 | 5 | 3 | 2,398 | $438 | 0.5 mi |
F 1626 Boulder Creek Road Sold | $1,168,000 | 4 | 3 | 2,778 | $420 | 1.0 mi |
G 4907 Bella Collina Street Pending | $1,150,000 List Price | 5 | 3 | 2,411 | $477 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1997, the property features a recently remodeled kitchen with modern shaker cabinetry and stainless steel appliances, along with a spa-inspired master suite. The addition of a solar system and the meticulous maintenance of the resort-style grounds and interior finishes meet the criteria for a high-end, move-in ready home with recent major renovations.
The property features a magnificent park-like oasis with a sparkling pool, covered patio, and lush tropical landscaping, offering a private retreat for outdoor living.
A beautifully remodeled kitchen serves as the home's centerpiece, complemented by a solar system that provides significant energy savings and sustainability.
Situated in a sought-after neighborhood with no HOA fees, the home offers financial freedom while being close to top-rated schools and coastal attractions.
The original optional 5th downstairs bedroom was integrated into the family room, which may limit options for buyers requiring a dedicated ground-floor guest room or office.
Built in 1997, some original components or systems may eventually require updates to meet the standards of modern luxury buyers despite the recent kitchen remodel.
Welcome to the stunning Oceanside retreat tucked within one of the areas most sought after neighborhoods and highly desirable school districts. This beautifully maintained four bedroom three bath home offers the perfect blend of elegance, comfort, and resort style living. Originally designed with an optional downstairs 5th bedroom, the current layout opens beautifully into the family room. The heart of the home spacious & gorgeous remodeled kitchen overlooking a truly magnificent park like backyard oasis. Step outside and feel transported to your own private resort, surrounded by lush, tropical landscaping, sparkling pool & covered patio. The spacious master offers a peaceful retreat, complete with walk-in closet and luxurious spa inspired bathroom. Additional highlights include a three car attached garage, solar system for energy efficiency, and the home is filled with lots of windows letting in natural light throughout and no HOA fees! This exceptional property combines privacy, beauty, and functionality, and unbelievable Oceanside location, close to top rated schools, shopping, dining and coastal attractions. A rare opportunity to own a true Southern California dream home.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,664 | 1,747.5 | 91% |
| Lot Size | 10,018.8 | 5,423.5 | 84% |
| Price | $1.20M | $957.5K | 80% |
| Price per sq ft | $450 | $560 | 15% |
| Built year | 1997 | 1988 | 88% |
| HOA | $0 | $98 | 42% |
| Days on market | 5 | 128 | 4% |
May 19, 2026
$1,198,975
Initial Listing
Dec 20, 2021
$1,125,000
Public Record
Jul 1, 2013
$575,000
Public Record
Apr 29, 2004
$670,000
Public Record
Mar 15, 1996
$209,500
Public Record