519 Camelot Drive, Oceanside, California 92054, Oceanside, 92054 - 3 bed, 2 bath
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Oceanside, California 92054
This Multi-Generational Estate serves as a premier Income-Producing Asset in Oceanside. Listed at $1,299,000, the property reflects a premium over the $1,132,276 Fair Market Value, justified by its Condition Rating of 2 and extensive Value-Add Potential. The offering includes a renovated main residence, a 400 sq.ft. guest suite, and approved ADU plans for a future 2,000 sq.ft. detached unit. Featuring solar panels and manicured grounds within the Oceanside Unified district, this turnkey property balances luxury with high-yield rental prospects. It is an ideal acquisition for Multi-Generational Families or Owner-Occupants looking to maximize property utility.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation with high-end finishes, including a modern kitchen with waterfall countertops and matching backsplash, designer bathrooms with premium fixtures and LED mirrors, new herringbone tile flooring, and updated electrical/lighting systems throughout.
The property features a 400 sq.ft. guest residence and includes plans/permits for a future 2,000 sq.ft. detached ADU, offering exceptional opportunities for rental income or multi-generational living.
The main residence has been thoughtfully redesigned with premium finishes, high-end appliances, and solar panels, providing a move-in-ready experience with built-in energy savings.
Set on a lush lot with mature fruit trees, the property offers a high degree of privacy with a dedicated yard for the guest suite and a beautifully landscaped main exterior.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1072, other record living area = 1532. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
At a list price of $1,299,000 for a 1,072 sq.ft. primary structure, the property is positioned at a significant premium compared to its recent $724,000 sale price in late 2024.
The local elementary and high schools carry lower-than-average ratings (3 and 5 respectively), which may be a deterrent for families prioritizing top-tier educational performance.
!Welcome to an exceptional opportunity in the heart of Oceanside!, where luxury, privacy and future potential converge. Set on a beautifully manicured grounds adorned with mature fruit tress, this renovated residence has been thoughtfully redesigned with exquisite finishes, elevated design elements, and premium new appliances that reflect modern sophistications. Beyond the main home a professionally converted 400 sq.ft., guess residence offers a full bathroom, a stylish kitchen, glass door, dedicated laundry, and its own charming private yard, this space is ideal for extended family , guests, or high-income rental use. Adding even greater value, ADU plans and permits are already in progress for a future detached unit with 2 stories, 2000 sq.ft., its own private entrance-creating a rare opportunity for expansion, investment growth, or a true multi-generational estate, Solar panels provide energy savings to each unit.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,072 | 1,131 | 46% |
| Lot Size | - | - | 50% |
| Price | $1.30M | $962.5K | 79% |
| Price per sq ft | $1.2K | $845 | 82% |
| Built year | 1960 | 1989 | 2% |
| HOA | $0 | $700 | 4% |
| Days on market | 64 | 163 | 14% |
Mar 8, 2026
$1,299,000
$1,325,000
-2% Price Drop
Initial Listing
Feb 17, 2026
$1,325,000
Initial Listing
Dec 11, 2024
$724,000
Public Record
Dec 26, 2003
$327,000
Public Record
Jul 28, 2003
$206,000
Public Record