940 Stern Lane, Oxnard, California 93035, Oxnard, 93035 - 4 bed, 3 bath
940 Stern Lane
Oxnard, California 93035
Property Price
SUMMARY
Analysis of 940 Stern Lane, Oxnard, California 93035 reveals a Prime Investment Opportunity with a current list price of $845,000—significantly undercutting the $938,432 Fair Market Value by 9%. This valuation gap indicates a +$93,432 Instant Equity potential for buyers. 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 Oxnard 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 |
|---|---|---|---|---|---|---|
★ 940 Stern Lane Subject | $845,000* List Price | 4 | 3 | 1,913 | $491 | - |
A 2906 Naples Drive Sold | $974,000 | 3 | 2 | 1,910 | $510 | 0.4 mi |
B 1450 Crest Court Sold | $831,000 | 4 | 2 | 1,542 | $539 | 1.0 mi |
C 2914 Naples Drive Sold | $927,500 | 3 | 2 | 1,910 | $486 | 0.4 mi |
D 3630 Miramar Way Sold | $905,000 | 5 | 3 | 2,155 | $420 | 0.9 mi |
E 2931 Miramar Court Sold | $855,000 | 3 | 2 | 1,613 | $530 | 0.4 mi |
F 3051 Ketch Place Sold | $869,900 | 3 | 3 | 1,772 | $491 | 0.7 mi |
G 1501 Pisco Lane Active | $895,000 List Price | 4 | 4 | 1,766 | $507 | 0.5 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 1982, the property has undergone extensive recent renovations within the last 5 years, meeting the criteria for excellent condition. The kitchen is fully remodeled with brand-new cabinetry, granite countertops, and modern stainless steel appliances, including a high-tech wifi-capable stove. The bathrooms have been recently upgraded with contemporary finishes like pebble tile flooring and double vanities. With fresh paint, new laminate flooring, and updated fixtures throughout, the home is in like-new condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Rancho Campana High (9/10).
- Modernized Interior & Kitchen
The home features extensive updates including a remodeled kitchen with brand-new cabinetry, granite countertops, and high-tech stainless steel appliances, complemented by fresh paint and vaulted ceilings.
- Prime Coastal Location
Situated in the desirable Sea Air community, the property offers easy access to Oxnard Beach, Seabridge, and Channel Islands Harbor without the burden of monthly HOA fees.
CONSRISKS & DEFICIENCIES
- Solar Loan Assumption
While the home is equipped with solar panels, the buyer must assume an existing loan balance, which represents an additional financial obligation beyond the purchase price.
- Inconsistent School Ratings
The property is served by a mix of school ratings, with the immediate middle and high schools scoring lower on performance scales, which may be a concern for education-focused buyers.
About 940 Stern Lane
Beautifully updated 4 bed, 2.5 bath two-story home offering 1,913 sq ft on a 6,098 sq ft corner lot in desirable Oxnard Sea Air community. Freshly repainted throughout with laminate flooring and vaulted ceiling in the living room. With an additional den/office space adjacent to the living room area. Windows boasts white shutters downstairs and vertical blinds upstairs. The remodeled kitchen features brand-new cabinetry, granite countertops, stainless steel appliances, and a brand new stove. Stove is wifi capable & has a built-in air fryer. Completing the lower level is a laundry area, half bathroom, and direct access to the garage. The first floor primary suite boasts vaulted ceilings, double vanity sinks, a pebble tile shower floor, walk-in closet, and a sliding door with direct access to the backyard. Upstairs you can find 3 bedrooms all with walk in closets & ceiling fans and a recently upgraded full bathroom. Spacious backyard includes a unique outdoor fireplace & built-in grill station—perfect for cozy evenings and entertaining. Mature lemon tree and actively growing dragonfruit are also present. Equipped with leased solar with options for buyer to either transfer or buyout. Two-car garage plus two driveway parking spaces. Motion-activated outdoor floodlight above the garage. No HOA. Ideally located just minutes from Oxnard Beach, Seabridge, Marina, and Channel Islands Harbor, where you’ll enjoy cool ocean breezes and coastal living at its best. A fantastic opportunity for any type of buyer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 6,098 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
Oxnard Unified Schools
Juan Lagunas Soria Elementary School
Grades K-8 • 0.6 mi
Fremont Intermediate School
Grades 6-8 • 1.6 mi
Oxnard High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,913 | 1,804 | 60% |
| Lot Size | 6,098 | 4,205 | 79% |
| Price | $845.0K | $1.05M | 26% |
| Price per sq ft | $442 | $614 | 9% |
| Built year | 1982 | 1977 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 155 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$845,000
Initial Listing
Sold
Jun 30, 2020
$649,500
Public Record
Sold
Aug 10, 2017
$530,000
Public Record
Sold
Jul 17, 2003
$399,500
Public Record