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5451 Reef Way, Oxnard, CA, 93035

3beds
2baths
1,769sqft
$1,498,000
$847price/sqft
$9,734/moest. monthly cost
$389,360/yrincome needed

About This Home

Just 3 houses in from the beach! Don't miss out! 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!

Getting Around

38
WalkingCar-Dependent
0
TransitNo Nearby Transit
37
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Additions/Alterations
  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Gas Range,Range Hood,Tankless Water Heater
  • Laundry features: In Garage

Bathroom

  • Features: Bathtub,Dual Sinks,Full Bath on Main Level

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Beamed Ceilings,Separate/Formal Dining Room,Granite Counters,Open Floorplan,Bedroom on Main Level,Primary Suite,Utility Room
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,769 sqft

Kitchen

  • Features: Granite Counters,Kitchen Island

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 1910044235
  • Special condition: Standard,Trust

Features

  • Levels: Two
  • Stories: 2
  • Entry location: main living quarters
  • Pool features: None
  • Patio & porch: Front Porch
  • Spa features: None
  • Fencing: Vinyl,Wood
  • Has view: Yes
  • View description: None
  • Waterfront features: Beach Access,Ocean Access

Lot

  • Lot size: 3,920 sqft
  • Features: Near Park,Sprinklers None

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in Ventura County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,574$90,888
Home Insurance *$215$2,580
Property Taxes $1,547$18,564
Electricity $398$4,786
Total$9,734$116,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$333,737/yr
40% on housing$292,020/yr
45% on housing$259,573/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$847This listing

vs Other Active Listings

Avg $/sqft

ZIP 93035$662
Ventura County$554

vs Homes Sold Last Month

Median $/sqft

ZIP 93035$626
Ventura County$515

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-18Listed for sale$1,599,000
2026-04-10Contingent$1,599,000
2026-04-09Listed for sale$1,599,000
2025-10-24Listing removed$1,599,000
2025-06-23Listed for sale$1,649,000
2025-02-13Listing removed$5,500
2025-01-08Listed for rent$5,500
2024-07-12Listing removed--
2024-06-25Listed for rent$4,900
2024-04-06Listing removed--
2024-03-19Listed for rent$4,900
2024-02-27Listing removed--
2024-01-29Listed for rent$5,200
2023-10-07Listing removed--
2023-07-26Listed for rent$5,200
2022-05-24Listing removed--
2022-04-25Listed for rent$5,200
2022-04-09Listing removed--
2022-03-10Listed for rent$5,200
2022-02-28Listing removed--
2022-02-23Listed for rent$5,200
2004-07-16Sold$915,000
2000-12-15Sold$423,000

For Sale by Agent

AgentDesti Centineo
BrokerageRE/MAX Gold Coast-Beach Marina Office

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