868 Panella Court, Oceanside, California 92057, Oceanside, 92057 - 4 bed, 2 bath
868 Panella Court
Oceanside, California 92057
Property Price
SUMMARY
Analysis of 868 Panella Court, Oceanside, California 92057 reveals a property with a current list price of $975,000, which is 8% above the estimated $895,373 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceanside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 868 Panella Court Subject | $975,000* List Price | 4 | 2 | 1,850 | $484 | - |
A 871 Niguel Street Sold | $900,000 | 4 | 3 | 2,069 | $435 | 0.1 mi |
B 871 Niguel St Sold | $900,000 | 4 | 3 | 2,069 | $435 | 0.1 mi |
C 5322 Leon Street Sold | $977,000 | 4 | 3 | 2,472 | $395 | 0.6 mi |
D 4851 Cardiff Bay Drive Sold | $1,035,000 | 4 | 2 | 2,576 | $402 | 0.7 mi |
E 662 Michael Street Sold | $815,000 | 4 | 2 | 1,192 | $684 | 0.1 mi |
F 538 Luna Dr Sold | $940,000 | 5 | 3 | 2,282 | $412 | 0.5 mi |
G 4856 Cardiff Bay Drive Active | $1,175,000 List Price | 5 | 3 | 2,428 | $484 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2003, the property underwent extensive renovations within the last two years, including a fully remodeled kitchen (2023) with quartz countertops and stainless steel appliances, a fully remodeled bathroom (2023), and new luxury vinyl laminate flooring throughout. With recent mechanical and aesthetic upgrades like the 2017 Jacuzzi tub and 2023 interior finishes, the home meets the criteria for excellent condition with no deferred maintenance.
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 = 12196, living area = 1850.
- Modern Interior Upgrades
The home features a fully remodeled kitchen (2023) with quartz countertops and stainless steel appliances, along with a renovated secondary bathroom, offering a contemporary, move-in-ready experience.
- Premium Lot and Outdoor Oasis
Situated on a generous 0.28-acre lot, the backyard serves as a private retreat featuring a hot tub with a gazebo and low-maintenance landscaping including astro-turf and pavers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12196, other record lot size in square feet = 12298.
- Leased Solar Obligation
The property includes leased solar panels with a fixed monthly payment of $115.96, which requires the buyer to assume an existing financial contract rather than owning the system outright.
- Average School Ratings
The assigned public elementary and middle schools carry mid-range ratings (4-5 out of 10), which may be a drawback for families prioritizing top-tier educational performance.
About 868 Panella Court
Nestled in the sought-after community of Canyon Crest, this beautiful Oceanside home offers the perfect blend of privacy, serenity and comfort. Located on a quiet street, situated on over a quarter acre (.28), this 4 bedroom, 2 bath single level home offers 1,850 sq ft of living space. The home is filled with natural light, vaulted ceilings, recessed lightning, a spacious formal living for entertaining and family room with cozy fire place, offering plenty of room to relax and gather. Golden oak luxury vinyl laminate flooring throughout. Step inside a fully remodeled kitchen (2023) featuring quartz countertops, tile backsplash, new stainless steel appliances, large island and built in microwave. The spacious Primary Suite features a new walk-in Jacuzzi Tub (2017) perfect for winding down at the end of the day, new shower glass enclosure and dual vanities. Down the hall, you’ll find three additional bedrooms and a fully remodeled bathroom (2023). The backyard is a true oasis. Relax in the hot tub/spa with gazebo— perfect for enjoying warm summer evenings, hosting barbecues, or simply unwinding under the coastal sky. Low-maintenance landscaping with drip system, astro-turf, rocks and pavers. With leased solar panels ($115.96 set monthly) you’ll enjoy energy efficiency and lower utility costs. So many more upgrades, see attached list in documents. This home is fresh, clean, and ready for your personal touch! Enjoy the beauty of nature with nearby walking areas, or take a short trip to the coast for sun, sand, and surf. Don't miss the opportunity to make this stunning home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 12,196.8 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $108.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Libby Elementary School
Grades K-5 • 0.9 mi
Reynolds Elementary School
Grades K-5 • 1.1 mi
Cesar Chavez Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,850 | 1,620 | 57% |
| Lot Size | 12,196.8 | 5,422 | 87% |
| Price | $975.0K | $865.0K | 71% |
| Price per sq ft | $527 | $468 | 65% |
| Built year | 2003 | 1988 | 80% |
| HOA | $108.0 | $142 | 36% |
| Days on market | 94 | 164 | 17% |
Pricing History
Listed for Sale
Jan 31, 2026
$975,000
$989,950
-2% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$989,950
Initial Listing
Sold
Mar 19, 2008
$410,000
Public Record
Sold
Mar 8, 2002
$273,000
Public Record