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PendingPrice cut: $73K (8/31)
$1,425,000
3beds
1,769sqft

5451 Reef Way, Oxnard, CA 93035

3beds
1,769sqft
Single family residence
Built in 1974
3,920 sqft
2 Attached garage spaces
$806 price/sqft

What's special

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!

167 days
|
1,724
|
86
|
Source: CRMLS,MLS#: V1-35651MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed 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)

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
  • 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: $806/sqft
  • Tax assessed value: $1,300,927
  • Date on market: 4/9/2026
  • Cumulative days on market: 167 days
  • Listing terms: Cash,Conventional
  • Road surface type: Paved

Price history

DateEventPrice
9/26/2026Pending sale$1,425,000$806/sqft
Source: CRMLS #V1-35651 Report a problem
8/31/2026Price change$1,425,000-4.9%$806/sqft
Source: CRMLS #V1-35651 Report a problem
7/13/2026Price change$1,498,000-3.3%$847/sqft
Source: CRMLS #V1-35651 Report a problem
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
2026-- $1,300,927 +2%
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
$9,007/mo
Principal & interest
$7677
Property taxes
$1330
More affordability toolsChevron Right

Estimated market value

$1,406,500

$1.34M - $1.48M

$4,223/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: Oxnard Shores

Nearby schools

Christa Mcauliffe Elementary School
Grades K-5 • 1.9 miles
4/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
4/10
Fremont Academy of Environmental Science & Innovative Design
Grades 6-8 • 3.4 miles
3/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
4/10
Oxnard High School
Grades 9-12 • 2.4 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
College Readiness Rating
5/10