ActiveSingleFamilyResidence

317 Melrose Drive

Oxnard, CA, 93035

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$1,549,000

MLS: V1-35590

Beds

4

Baths

3

Sq Ft

2,237

Lot

0.05 ac

Year Built

1977

MLS #

V1-35590

Days on Market

6

Listed

Apr 13, 2026

Description

Welcome to paradise at Hollywood By The Sea, located on one of the most beautiful stretches of beach in Ventura County. This classic beach home located 1/2 block to the sand offers both comfort and versatility. The downstairs level features a private guest retreat with two bedrooms, an updated bathroom with a seamless glass shower and a welcoming living area complete with a convenient kitchenette. It has a lock out potential to accommodate dual living quarters, with its own garage space and a sliding door that leads to a charming outdoor space with Spanish tile pavers--perfect for barbecuing, relaxing, and storing beach gear.Upstairs, a beautifully tiled staircase leads to a stunning living room with vaulted wood beam ceilings, a designer tile surrounds fireplace, and ceiling fan. The open-concept living and dining area flows seamlessly to a spacious balcony through sliding glass doors, inviting in refreshing ocean breezes. The kitchen opens to the living space and features bar seating, recessed lighting, and a sleek LG appliance package.The upstairs bathroom is generously sized with dual sinks, a large mirror, and designer lighting. Two oversized bedrooms--each comparable to a primary suite--offer incredible space and private access to a third balcony.Tile flooring runs throughout the home, offering durability and easy maintenance for beach living. Multiple closets provide ample storage throughout.Additional features include an interior laundry and utility room ideal for sandy towels, an attached two-car garage with extra space for bikes and water toys, and an oversized driveway with rare guest parking.Enjoy island views and the sparkling Pacific Ocean just steps away, with breathtaking sunsets you will treasure for a lifetime. Perfectly positioned just above Channel Islands Harbor--the gateway to Channel Islands National Park--and ideally situated halfway between Malibu and Santa Barbara, this coastal retreat offers the ultimate beach lifestyle. Your days will be filled with wave-filled adventures, kayaking, paddleboarding, boating, visits to local yacht clubs, nearby wineries, golf, boutique shopping, and an array of dining experiences.This is the perfect beach getaway--come for a day, stay for a lifetime.

Location

Oxnard, Ventura County, CA 93035

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Listed by: Desti Centineo · RE/MAX Gold Coast-Beach Marina Office

Payment estimate

$11,060

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $154,900 · Loan: $1,394,100

%
Principal & Interest
$8,566
Property tax (1.25%)
$1,614
Homeowners insurance
$300
Mortgage insurance
$581
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Oxnard home with as little as 3.5% down using an FHA loan — roughly $54,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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