5451 Reef Way
Oxnard, CA, 93035
$1,599,000
MLS: V1-35651
Beds
3
Baths
2
Sq Ft
1,769
Lot
0.09 ac
Year Built
1974
MLS #
V1-35651
Days on Market
11
Listed
Apr 9, 2026
Description
Welcome to paradise! This Spanish inspired beach beauty sits just a few homes in from the oceanfront! Nestled in the coveted enclave of Mandalay Shores this prime location is graced by the breathtaking beauty of Ventura County's shoreline. Here, you'll discover a tranquil world, unhurried pace, where the sands stretch infinitely & coastal vistas paint a mesmerizing canvas. Gateway to the Channel Islands, we offer scenic beauty & a strategically positioned coastal haven, equidistant from Malibu & Santa Barbara. Immerse yourself in a realm defined by endless sunsets, sand-kissed shores, & a medley of seaside adventures. Picture yourself surfing the waves, gliding along in a kayak, or savoring the serene moments of paddle boarding. Visit local yacht clubs, explore nearby wineries, perfect your golf swing, indulge in retail therapy, & savor culinary delights at charming restaurants. As you enter the front gate you are greeted with an open front patio with a raised sitting area with wind break for those seeking some shelter but still offering plenty of fresh ocean breeze. On the 1st level, an expansive living room is framed by vaulted ceilings with beams, Spanish style fireplace w/wood mantle, gleaming wood floors & offers a gorgeous marble top bar with stone surround. The entire home features multiple arched doorways, hand carved beams & ceiling fans. The open living area adjoins the gourmet kitchen with stone counter tops, stainless steel appliances, dining area & island w/bar seating. There are two very spacious guest suites w/a bright & cheery guest bathroom located in between for easy access and a refreshing tub/shower combination. The second level offers a large master suite that currently contains 2 queen beds for extra guests on vacation! With plenty of room in the adjoining loft space you have a private area to sit back and relax, flex space for media/game room or workout/zen area. The master bath w/shower/tub combo is finished with travertine surround and travertine flooring w/seafoam inspired glass inlay & double vanities. The back yard features a paved patio area with adjoining walk way to the beach. An ample size garage accommodates paddle boards, kayaks, surfboards, bicycles, or even a beach golf cart w/ease & ample outdoor parking for guests. Embark on a journey to explore the ultimate idyllic beach lifestyle at a softer, slower pace! Come for a day, stay for a lifetime!
Location
Oxnard, Ventura County, CA 93035
Open on Google Maps ↗Listed by: Desti Centineo · RE/MAX Gold Coast-Beach Marina Office
Payment estimate
$11,407
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100
- Principal & Interest
- $8,842
- Property tax (1.25%)
- $1,666
- Homeowners insurance
- $300
- Mortgage insurance
- $600
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 $55,965 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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