5168 Frazee, Oceanside, California 92057, Oceanside, 92057 - 4 bed, 3 bath
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5168 Frazee
Oceanside, California 92057
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,447Sq Ft
17,852Lot Size
Property Price
LIST PRICE$1,249,000
EST. MARKET VALUE
$1,289,213
3% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,289,214 Fair Market Value by 3%. This valuation gap offers $40,214 in Instant Equity. The property maintains a Good Condition Rating, featuring a renovated primary bath, Granite Kitchen, and Owned Solar. With a large .4-acre lot, Pool and Spa, and no HOA, it offers a rare lifestyle blend. This is an ideal acquisition for Owner-Occupants seeking long-term value or multigenerational families needing flexible space.
Estimated Market Value
$1,289,213+$40,213 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5168 Frazee Subject | $1,249,000* List Price | 4 | 3 | 2,447 | $527 | - |
A 872 Oro Grande Street Sold | $1,032,000 | 3 | 3 | 2,107 | $490 | 0.5 mi |
B 5063 Frazee Rd Sold | $1,355,000 | 4 | 3 | 2,447 | $554 | 0.1 mi |
C 997 Masters Dr Sold | $1,080,000 | 4 | 3 | 2,300 | $470 | 0.5 mi |
D 1247 Sunglow Sold | $1,000,000 | 5 | 3 | 2,398 | $417 | 0.9 mi |
E 1021 Museum Ct Sold | $1,100,000 | 5 | 3 | 2,344 | $469 | 0.7 mi |
F 5243 Silver Bluff Drive Sold | $935,000 | 3 | 2 | 1,551 | $603 | 0.7 mi |
G 844 Rio Claro Active | $1,049,000 List Price | 4 | 3 | 2,180 | $481 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990, the property has been well-maintained and features significant updates that place it in the 'Good' category. The primary bathroom has undergone a recent, modern renovation with a freestanding tub and subway tiling. The kitchen is functional and move-in ready with granite countertops and stainless steel appliances. The inclusion of owned solar and updated flooring throughout suggests the systems and interior are within the 5-15 year renovation window.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17852, living area = 2447.
- Premium Outdoor Living
The expansive .4-acre lot features a private oasis with a pool, spa, putting green, and RV parking, offering rare space and amenities for the area.
- Financial Efficiency
The property includes owned solar panels and has no HOA or Mello-Roos fees, significantly reducing monthly carrying costs and increasing long-term value.
CONSRISKS & DEFICIENCIES
- School District Ratings
While elementary schools perform well, the assigned middle and high schools have lower ratings, which may be a concern for education-focused buyers.
- School Proximity Traffic
Located just 0.13 miles from Roosevelt Middle School, the property may experience increased traffic congestion and noise during peak school drop-off and pick-up hours.
About 5168 Frazee
Welcome to 5168 Frazee Rd, a beautifully situated 4-bedroom, 3-bath home tucked away on a quiet cul-de-sac and set on an impressive .4-acre lot with mountain views. Designed for both everyday living and entertaining, the expansive backyard is a true highlight, featuring a sparkling pool and spa, putting green, turf, and plenty of space to relax, play, and enjoy the Southern California lifestyle. Inside, vaulted ceilings and abundant natural light create a bright, open feel throughout. The spacious kitchen features granite countertops, custom cabinetry, a walk-in pantry, and ample storage and prep space. A desirable entry-level bedroom and full bath offer flexibility for guests, multigenerational living, or a home office. Upstairs, the primary suite is a private retreat with high ceilings, a cozy fireplace, and a tastefully upgraded bathroom. Unwind in the freestanding soaking tub while taking in the beautiful views. Additional highlights include OWNED solar, RV parking, and a functional floor plan with generous living spaces. With no HOA and no Mello-Roos, this home offers space, privacy, views, and amenities that are increasingly hard to find. Conveniently located near schools, shopping, freeways, and just a short drive to the beach, 5168 Frazee Rd offers the best of Oceanside living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 17,852 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Alamosa Park Elementary School
Grades K-5 • 0.4 mi
7/10
Empresa Elementary School
Grades K-5 • 0.8 mi
8/10
Roosevelt Middle School
Grades 6-8 • 0.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,447 | 1,763.95 |
| Lot Size | 17,852 | 6,778.018 |
| Price | $1.25M | $969.7K |
| Price per sq ft | $510 | $560 |
| Built year | 1990 | 1986 |
| HOA | $0 | $147 |
| Days on market | 7 | 43 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,249,000
Initial Listing
Sold
Nov 27, 2019
$710,000
Public Record
Sold
Sep 9, 2016
$620,000
Public Record
Sold
Feb 11, 2014
$516,000
Public Record
Sold
Jun 23, 1999
$272,000
Public Record