5331 Wavecrest Way, Oxnard, CA, 93035
About This Home
Welcome to Mandalay Shores, your personal paradise on one of Ventura County's most breathtaking beaches. This magnificent custom-built, three-story, 3,700 sq. ft. home offers everything you've dreamed of in coastal living, w/panoramic ocean & mountain views, & a rooftop deck perfect for savoring stunning sunsets every evening. Ideally located above Channel Islands Harbor--your gateway to the Channel Islands National Park & halfway between Malibu and Santa Barbara, you'll enjoy a lifestyle filled w/adventure. Whether it's kayaking, paddleboarding, boating, golfing, or wine tasting, this location gives you easy access to endless outdoor activities, yacht clubs, shopping, & dining.Designed w/comfort & elegance in mind, this home is just one house away from Mandalay Beach Road & boasts an oversized driveway accommodating up to 5 cars, a large garage, & a grand marble entry. Step inside to find an abundance of natural light, recessed lighting, & designer fixtures throughout. The first-floor guest quarters offer a private sanctuary, w/a cozy family room, 2 bedrooms, 2 en-suite bathrooms, all opening to a spacious backyard. Perfect for entertaining, the backyard features mature eucalyptus trees & a gated pathway to the beach--ideal for hosting family gatherings or intimate get-togethers.The second level presents a grand living space w/vaulted ceilings and skylights, filling the two-story living room w/natural light. A raised hearth fireplace & decorative windows add to the charm. The adjacent dining room offers peekaboo ocean views, while the chef's kitchen, complete w/a large island, walk-in pantry, and bar seating, becomes the heart of the home. The massive primary suite features double doors, a private balcony, a double-sided fireplace, & a luxurious en-suite bath with an oversized shower, jacuzzi tub, & large closet.On the third level, you'll find an open loft w/built-in seating, a fireplace, a wet bar w/fridge, & even more windows showcasing gorgeous views. Step outside onto the balcony or ascend to the fourth-level rooftop deck--your ultimate retreat for outdoor entertaining. Whether you're enjoying your morning coffee with the sound of waves or unwinding with a glass of wine at sunset, this top deck offers the best of coastal living.With endless indoor & outdoor spaces designed for relaxation & entertainment, this home is the perfect vacation retreat or forever home. Come for a day stay for a lifetime!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1991
Materials
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Refrigerator,Trash Compactor
- Laundry features: In Garage
Bathroom
- Features: Bathtub,Dual Sinks,Jetted Tub,Separate Shower
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Family Room
- Features: Separate Family Room
Features
- Breakfast Bar,Built-in Features,Balcony,Ceiling Fan(s),Cathedral Ceiling(s),Separate/Formal Dining Room,Multiple Staircases,Open Floorplan,Recessed Lighting,Bar,Entrance Foyer,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
- Flooring: Carpet,Stone,Tile
- Fireplace features: Bath,Living Room,Primary Bedroom,Multi-Sided,Raised Hearth
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total interior livable area: 3,701 sqft
Kitchen
- Features: Kitchen Island,Solid Surface Counters,Walk-In Pantry
Master Bedroom
- Features: Primary Suite
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Property
Details
- Parcel number: 1910082055
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Pool features: None
- Patio & porch: Concrete
- Spa features: None
- Has view: Yes
- View description: Mountain(s),Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Lot size: 4,374 sqft
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- 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
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Ventura County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,135 | $145,620 |
| Home Insurance * | $345 | $4,140 |
| Property Taxes | $2,474 | $29,688 |
| Electricity | $793 | $9,523 |
| Total | $15,747 | $188,964 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Price change | $2,500,000 |
| 2025-06-25 | Price change | $2,820,000 |
| 2024-10-18 | Listed for sale | $2,948,000 |
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