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For sale
    • Listed by: RE/MAX Gold Coast-Beach Marina Office
    Price cut: $50K (5/16)
    $1,549,000

    5451 Reef Way, Oxnard, CA 93035

    3beds
    1,769sqft
    : 
    Single Family Residence
    Built in 1974
    3,920 Square Feet Lot
    $1,519,500 Zestimate®
    $876/sqft
    $-- HOA

    What's special

    Multiple arched doorwaysGleaming wood floorsSeafoam inspired glass inlayStainless steel appliancesStone countertopsDouble vanitiesHand carved beams
    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!
    44 days
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    1,183
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    73
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    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#: V1-35651MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room, Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Utility Room, Dining Room
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Dual Sinks, Full Bath on Main Level
      Kitchen
      • Features: Granite Counters, Kitchen Island
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Free-Standing Range, Gas Range, Range Hood, Tankless Water Heater
      • Laundry: In Garage
      Features
      • Beamed Ceilings, Separate/Formal Dining Room, Granite Counters, Open Floorplan, Bedroom on Main Level, Primary Suite, Utility Room
      • Flooring: Carpet, Tile, Wood
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,769 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: main living quarters
      • Patio & porch: Front Porch
      • Pool features: None
      • Spa features: None
      • Fencing: Vinyl,Wood
      • Has view: Yes
      • View description: None
      • Waterfront features: Beach Access, Ocean Access
      • Park: Mandaly State Beach/'olokoy Oxnard Beach Park
      Lot
      • Size: 3,920 Square Feet
      • Features: Near Park, Sprinklers None
      Details
      • Parcel number: 1910044235
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Additions/Alterations
      • Year built: 1974

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks, Park
      • Subdivision: Oxnard Shores: Beachview - Driftwood - 1056
      Location
      • Region: Oxnard

      Financial & listing details

      • Price per square foot: $876/sqft
      • Tax assessed value: $1,275,419
      • Annual tax amount: $15,751
      • Date on market: 4/9/2026
      • Cumulative days on market: 45 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved
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        Estimated market value

        $1,519,500

        $1.44M - $1.60M

        $4,986/mo

        Price history

        DateEventPrice
        5/16/2026Price change$1,549,000-3.1%$876/sqft
        Source: CRMLS #V1-35651 Report a problem
        4/18/2026Listed for sale$1,599,000$904/sqft
        Source: CRMLS #V1-35651 Report a problem
        4/10/2026Contingent$1,599,000$904/sqft
        Source: CRMLS #V1-35651 Report a problem
        4/9/2026Listed for sale$1,599,000$904/sqft
        Source: CRMLS #V1-35651 Report a problem
        10/24/2025Listing removed$1,599,000-3%$904/sqft
        Source: SDMLS #V1-28576 Report a problem
        6/23/2025Listed for sale$1,649,000+80.2%$932/sqft
        Source: SDMLS #V1-28576 Report a problem
        2/13/2025Listing removed$5,500$3/sqft
        Source: Zillow Rentals Report a problem
        1/8/2025Listed for rent$5,500+12.2%$3/sqft
        Source: Zillow Rentals Report a problem
        7/12/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/25/2024Listed for rent$4,900$3/sqft
        Source: Zillow Rentals Report a problem
        4/6/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/19/2024Listed for rent$4,900-5.8%$3/sqft
        Source: Zillow Rentals Report a problem
        2/27/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/29/2024Listed for rent$5,200$3/sqft
        Source: Zillow Rentals Report a problem
        10/7/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/26/2023Listed for rent$5,200$3/sqft
        Source: Zillow Rentals Report a problem
        5/24/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/25/2022Listed for rent$5,200$3/sqft
        Source: Zillow Rental Manager Report a problem
        4/9/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/10/2022Listed for rent$5,200$3/sqft
        Source: Zillow Rental Manager Report a problem
        2/28/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/23/2022Listed for rent$5,200$3/sqft
        Source: Zillow Rental Manager Report a problem
        7/16/2004Sold$915,000+116.3%$517/sqft
        Source: Public Record Report a problem
        12/15/2000Sold$423,000$239/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,751 +6.1%$1,275,419 +2%
        2024$14,844 $1,250,411 +2%
        2023$14,844 +3.1%$1,225,894 +2%
        2022$14,396 +31.7%$1,201,857 +33.4%
        2021$10,929 -2.2%$901,000 +0.7%
        2020$11,174 +6.2%$895,000 +5.3%
        2019$10,519 +6.6%$850,000 +7.2%
        2018$9,871 +4.2%$793,000 +0.9%
        2017$9,469 +3.5%$786,000 +1.8%
        2016$9,153 +4.8%$772,000 +7.5%
        2015$8,737 -0.7%$718,000 +0.1%
        2014$8,801 $717,000 +18.9%
        2013-- $603,000 +4.5%
        2012-- $577,000
        2011-- $577,000 -21.1%
        2009-- $731,000 -23.2%
        2007-- $951,966 +2%
        2006-- $933,300 +2%
        2005-- $915,000 +107.9%
        2003-- $440,089 +2%
        2002-- $431,460 +2%
        2001$5,043 +432%$423,000 +397.9%
        2000$948 $84,961

        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.
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          Climate risks

          Neighborhood: Oxnard Shores

          Getting around

          38 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          37 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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