5331 Wavecrest Way, Oxnard, CA 93035
5331 Wavecrest Way, Oxnard, CA 93035
Property Description
Welcome to Mandalay Shores, your personal paradise on one of Ventura County's most breathtaking beaches. This magnificent custom-built, three-story, 3,700 sq. ft. home offers everything you've dreamed of in coastal living, w/panoramic ocean & mountain views, & a rooftop deck perfect for savoring stunning sunsets every evening. Ideally located above Channel Islands Harbor--your gateway to the Channel Islands National Park & halfway between Malibu and Santa Barbara, you'll enjoy a lifestyle filled w/adventure. Whether it's kayaking, paddleboarding, boating, golfing, or wine tasting, this location gives you easy access to endless outdoor activities, yacht clubs, shopping, & dining. Designed w/comfort & elegance in mind, this home is just one house away from Mandalay Beach Road & boasts an oversized driveway accommodating up to 5 cars, a large garage, & a grand marble entry. Step inside to find an abundance of natural light, recessed lighting, & designer fixtures throughout. The first-floor guest quarters offer a private sanctuary, w/a cozy family room, 2 bedrooms, 2 en-suite bathrooms, all opening to a spacious backyard. Perfect for entertaining, the backyard features mature eucalyptus trees & a gated pathway to the beach--ideal for hosting family gatherings or intimate get-togethers. The second level presents a grand living space w/vaulted ceilings and skylights, filling the two-story living room w/natural light. A raised hearth fireplace & decorative windows add to the charm. The adjacent dining room offers peekaboo ocean views, while the chef's kitchen, complete w/a large island, walk-in pantry, and bar seating, becomes the heart of the home. The massive primary suite features double doors, a private balcony, a double-sided fireplace, & a luxurious en-suite bath with an oversized shower, jacuzzi tub, & large closet. On the third level, you'll find an open loft w/built-in seating, a fireplace, a wet bar w/fridge, & even more windows showcasing gorgeous views. Step outside onto the balcony or ascend to the fourth-level rooftop deck--your ultimate retreat for outdoor entertaining. Whether you're enjoying your morning coffee with the sound of waves or unwinding with a glass of wine at sunset, this top deck offers the best of coastal living. With endless indoor & outdoor spaces designed for relaxation & entertainment, this home is the perfect vacation retreat or forever home. Come for a day stay for a lifetime!
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Oxnard Shores 6 - 1216 · Oxnard · Single Family Residence
Listed 3.0% above the median closed sale of $2,330,000. Price per sqft ($648) is a 19% discount to closed comps ($798). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4061 Adriatic Street | Oxnard | 2006 | 4 | 3 | 3,451 | 5,227 | $666 | $2.30M | 20 | 68 |
| 3927 Hemlock Street | Oxnard | 2007 | 4 | 4 | 3,574 | 6,057 | $769 | $2.75M | 94 | 65 |
| 4030 Ischia Drive | Oxnard | 1986 | 3 | 3 | 2,424 | 3,920 | $897 | $2.17M | 9 | 52 |
| 2355 Peninsula | Oxnard | 1978 | 3 | 3 | 2,104 | 4,356 | $998 | $2.10M | 66 | 51 |
| 4029 Sunset Lane | Oxnard | 2003 | 4 | 3 | 2,780 | 2,178 | $854 | $2.38M | 26 | 49 |
| Total: 5 · Average | 3.6 | 3.2 | 2,866.6 | 4,347.6 | $836.8 | $2.34M | 43 | |||
| Median | 2,780 | $2.30M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5142 Marlin Way | Oxnard | 1985 | 05/27/2026 | 4 | 5 | 3,327 | 3,920 | $2.37M | $2.33M | $700 | 0.98 | 77 | 73 |
| 5015 Marlin Way | Oxnard | 1974 | 07/31/2026 | 3 | 3 | 2,460 | 4,000 | $2.38M | $2.38M | $965 | 1.00 | 45 | 71 |
| 1000 MANDALAY BEACH Road | Oxnard | 2001 | 10/20/2026 | 3 | 3 | 2,820 | 3,920 | $2.40M | $2.15M | $762 | 0.90 | 133 | 63 |
| 1520 Viewpoint Drive | Oxnard | 2004 | 06/23/2026 | 4 | 3 | 3,131 | 4,080 | $2.65M | $2.40M | $767 | 0.91 | 96 | 60 |
| 5114 Marlin Way | Oxnard | 1962 | 07/07/2026 | 5 | 4 | 2,582 | 3,920 | $2.19M | $2.05M | $794 | 0.93 | 95 | 59 |
| Total: 5 · Average | 3.8 | 3.6 | 2,864 | 3,968 | $2.26M | $2.26M | $797.6 | — | 89.2 | ||||
| Median | 2,820 | $2.33M | $2.33M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.