Skip main navigation
For sale
  • Listed by: RE/MAX Gold Coast-Beach Marina Office
    Price cut: $320K (4/10)
    $2,500,000

    5331 Wavecrest Way, Oxnard, CA 93035

    3beds
    3,701sqft
    : 
    Single Family Residence
    Built in 1991
    4,374 Square Feet Lot
    $2,388,800 Zestimate®
    $675/sqft
    $-- HOA

    What's special

    Raised hearth fireplaceLarge garageAbundance of natural lightGrand marble entryCozy family roomDecorative windows
    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!
    44 days
    |
    404
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Desti Centineo DRE #01917995 805-509-5404,

    RE/MAX Gold Coast-Beach Marina Office,

    Michele Losey DRE #01395438 805-312-1529,

    RE/MAX Gold Coast-Beach Marina Office

    Source: CRMLS,MLS#: V1-35731MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Den, Entry/Foyer, Family Room, Foyer, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bathroom
      • Features: Bathtub, Dual Sinks, Jetted Tub, Separate Shower
      Family room
      • Features: Separate Family Room
      Kitchen
      • Features: Kitchen Island, Solid Surface Counters, Walk-In Pantry
      Other
      • Features: Walk-In Closet(s)
      Pantry
      • Features: Walk-In Pantry
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Electric Cooktop, Refrigerator, Trash Compactor
      • Laundry: In Garage
      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
      • Has fireplace: Yes
      • Fireplace features: Bath, Living Room, Primary Bedroom, Multi-Sided, Raised Hearth
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,701 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Concrete
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Mountain(s), Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 4,374 Square Feet
      Details
      • Parcel number: 1910082055
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      Condition
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Street Lights, Sidewalks
      • Subdivision: Oxnard Shores 6 - 1216
      Location
      • Region: Oxnard

      Financial & listing details

      • Price per square foot: $675/sqft
      • Tax assessed value: $1,273,199
      • Annual tax amount: $15,726
      • Date on market: 4/10/2026
      • Cumulative days on market: 44 days
      • Listing terms: Cash,Conventional
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $2,388,800

        $2.27M - $2.51M

        $7,187/mo

        Price history

        DateEventPrice
        4/10/2026Price change$2,500,000-11.3%$675/sqft
        Source: CRMLS #V1-35731 Report a problem
        6/25/2025Price change$2,820,000-4.3%$762/sqft
        Source: SDMLS #V1-30285 Report a problem
        10/18/2024Listed for sale$2,948,000$797/sqft
        Source: CRMLS #V1-26252 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,726 +6.1%$1,273,199 +2%
        2024$14,821 $1,248,235 +2%
        2023$14,821 +3.1%$1,223,760 +2%
        2022$14,373 +0.8%$1,199,765 +2%
        2021$14,258 -1.8%$1,176,241 +1%
        2020$14,525 +2.9%$1,164,182 +2%
        2019$14,114 +1.4%$1,141,356 +2%
        2018$13,915 +5.4%$1,118,978 +2%
        2017$13,203 +3.6%$1,097,038 +2%
        2016$12,739 -1.1%$1,075,528 +1.5%
        2015$12,875 +1.1%$1,059,374 +2%
        2014$12,733 $1,038,624 +0.5%
        2013-- $1,033,932 +2%
        2012-- $1,013,660 +2%
        2011-- $993,785 +0.5%
        2009-- $988,705 +4%
        2007-- $950,314 +2%
        2006-- $931,682 +13.6%
        2005-- $820,000 +21.5%
        2003-- $675,000 +14.4%
        2002-- $590,000 +5.4%
        2001$6,779 +2.7%$560,000
        2000$6,603 $560,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Oxnard Shores

          Getting around

          49 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          42 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          A local agent can set up tours, give advice and negotiate with sellers.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel
              • Local buyer's agents are ready to help