5540 W 5th Street 1
Oxnard, CA, 93035
$625,000
Original list price: $699,000
MLS: V1-32026
Beds
3
Baths
2
Sq Ft
1,593
Lot
0.04 ac
Year Built
2017
MLS #
V1-32026
Days on Market
343
Listed
Aug 29, 2025
Description
**COASTAL LIVING AT ITS BEST - Under 1 Million!** Offered for the very first time, this 3-bedroom, 2-bath home in Oxnard Shores delivers the ultimate beach lifestyle. With 1,593 sq. ft. of open-concept living space and a rooftop deck showcasing panoramic, unobstructed coastline views, it is coastal living at its best.Set on a prime perimeter lot in a gated community, this home combines privacy, views, and modern comfort. Inside, you'll find crown molding, a light-filled open layout, wood-like flooring, and carpet throughout. The kitchen flows seamlessly into the living area, while the spacious laundry room adds everyday convenience. The primary suite features a walk-in closet and spa-inspired bath, and each bedroom includes ceiling fans and custom blinds for comfort. Enjoy ocean breezes in your private yard or head up to the rooftop deck for sunsets, barbecues, and 360-degree views of the coast and hillside. A custom-built shed adds bonus storage for surfboards, bikes, or creative use.Residents enjoy resort-style amenities including a clubhouse, pool, spa, gym, and more--all just minutes from Mandalay Bay and Channel Islands Harbor. A rare opportunity under $1M--never before on the market, this coastal retreat is ready for its next chapter.
Location
Oxnard, Ventura County, CA 93035
Open on Google Maps ↗Listed by: Billy Davidson · RE/MAX Gold Coast-Beach Office
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,080
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,895
- Property tax (1.25%)
- $651
- Homeowners insurance
- $300
- Mortgage insurance
- $234
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $21,875 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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