Under ContractSingleFamilyResidence

5221 Wavecrest Way

Oxnard, CA, 93035

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$1,699,000

MLS: V1-36057

Beds

3

Baths

2

Sq Ft

1,567

Lot

0.09 ac

Year Built

1965

MLS #

V1-36057

Days on Market

15

Listed

Apr 28, 2026

Description

Welcome to 5221 Wavecrest Way, an impeccably renovated coastal retreat in the highly sought-after Mandalay Shores. This 3-bedroom, 2-bathroom home offers approximately 1,567 square feet of thoughtfully designed living space on a quiet, non-through street with direct gated access to a path leading to the sand.Designed for effortless indoor-outdoor living, the home features vaulted ceilings (approx. 16') with a stunning exposed white oak beam, wide-plank French white oak flooring, and a light, open-concept layout. The living room is anchored by a gas fireplace with custom white oak built-ins and flows seamlessly through an accordion glass door to a private front courtyard complete with a gas fire pit.The chef's kitchen is beautifully appointed with a Wolf 36' six-burner gas range, Sub-Zero refrigerator, Cove dishwasher, GE Monogram microwave drawer, Caesarstone countertops, and custom rift-cut white oak cabinetry with soft-close drawers and pull-outs, all centered around a spacious island with additional storage.The primary suite offers direct access to the backyard, a custom walk-in closet, and a spa-inspired bath featuring marble flooring, dual vanities, soaking tub, and a walk-in shower with rain, standard, and handheld fixtures, plus a separate water closet.Extensive upgrades completed in 2022 include a new roof, all-new HVAC system (A/C and furnace), tankless water heater, updated electrical and plumbing, and all-new Andersen fiberglass windows and doors. Additional highlights include indoor laundry with LG WashTower, designer lighting, LED recessed lighting throughout, and a finished two-car garage.The exterior is equally impressive with fully updated landscaping and hardscaping, poured-in-place concrete patios and pathways, drip irrigation, LED outdoor lighting on timers, new fencing, paver driveway, and an outdoor shower--perfect after a day at the beach.A rare opportunity to own a turnkey, modern coastal home just steps to the sand in one of Oxnard's most desirable beach communities. Who you work with matters more than ever.

Location

Oxnard, Ventura County, CA 93035

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Listed by: Ann Howarth · RE/MAX Gold Coast-Beach Office

Payment estimate

$12,242

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $169,900 · Loan: $1,529,100

%
Principal & Interest
$9,535
Property tax (1.25%)
$1,770
Homeowners insurance
$300
Mortgage insurance
$637
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $59,465 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.