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256 Melrose Drive, Oxnard, CA 93035

$1.40M3bd · 3ba · 1,347 sqft
Lot 2,880 sqft•Single Family Residence•
Active
•12d on market•MLS# V1-39062

Property Description

Charming Silver Strand Beach House on an Oversized Lot Experience the laid-back coastal lifestyle in this charming 3-bedroom, 2.5-bath beach home, ideally located just moments from the sand, Channel Islands Harbor, and favorite local eateries. Situated on a rare lot and a half, this property offers something especially hard to find at the beach--generous outdoor space and great parking. The spacious gated front courtyard creates your own private outdoor retreat with plenty of room for BBQs, entertaining, relaxing in the ocean air, or giving the pups room to play. With significantly more outdoor space than many beach homes, there's room to truly enjoy Southern California's indoor-outdoor lifestyle. Inside, the first level features a private primary suite complete with its own fireplace and en-suite bath. Upstairs, original wood floors add warmth and character, while two additional bedrooms--including one with its own half bath--and a full guest bath provide plenty of flexibility. The bright living area flows into the dining nook and out to the front deck, where you can enjoy ocean breezes, beautiful sunsets, and a peek-a-boo view of Channel Islands Harbor. Leave the car at home and walk to the sand, the harbor, neighborhood eateries, and all the things that make Silver Strand special. With its quaint beach-town atmosphere and welcoming hometown feel, this is the kind of neighborhood where life moves a little slower and every day can feel like vacation. Whether you're looking for a full-time beach home, weekend getaway, or income-producing property, this one offers a rare combination of extra outdoor space, excellent parking, walkability, and coastal charm. Silver Strand is calling--come live like you're on vacation.

Features & Amenities

Property Details

Subdivision
Hollywood By The Sea - 0303
Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
None
View
See Remarks
Roof
Composition
City
Oxnard
Zip Code
93035
County
Ventura
Listed byRE/MAX Gold Coast-Beach Office, Ann Howarth

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,074.11
Principal & Interest
Loan Amount
$1,119,200
Total Interest
$1,427,478
Total Payment Over 30 Years
$2,546,678
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Hollywood By The Sea - 0303

This property is located in Hollywood By The Sea - 0303, a community in Oxnard. Explore more listings in this neighborhood to compare options and pricing.

View Hollywood By The Sea - 0303 Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

256 Melrose Drive, Oxnard, CA 93035

Hollywood By The Sea - 0303 · Oxnard · Single Family Residence

$1.40M
Affordable Tier
Beds
3
Baths
3
Sqft
1,347
Lot
2,880 sqft
Year
1960
$/Sqft
$1039
Pool: No✓
Spa: No✓
View: See Remarks✓
Garage: 2-car✓

Listed 80.5% above the median closed sale of $775,000. Price per sqft ($1,039) is a 62% premium to closed comps ($641). Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.40M· $1,039/sqft
Total list price
Closed comps
vs closed median $775K
+$624K (+80.5%)
Active comps
vs active median $745K
+$654K (+87.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $697
+$342 (+49.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4400 Hamilton AvenueOxnard1964321,3815,662$542$749,0002475
4035 Del Mar PlaceOxnard1959321,2526,098$566$709,000475
1428 Beverly DriveOxnard1952321,2836,240$569$730,000473
743 Paseo OrtegaOxnard2000321,2552,613$594$745,0001171
4514 Gateshead BayOxnard1976221,2162,800$1,213$1.48M5671
Total: 5 · Average2.82.01,277.44,682.6$696.8$881,60019.8
Median1,255$745,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
565 Olive StreetOxnard195408/27/2026331,2645,662$785,000$775,000$6130.994276
113 La Granada StreetOxnard196608/12/2026321,4212,178$1.45M$1.45M$1,0201.005375
1001 Redwood StreetOxnard196208/18/2026321,3006,098$725,000$780,000$6001.083375
709 CORTE VALDEZOxnard199909/04/2026331,4413,049$739,900$732,000$5080.995274
5251 Davidson DriveOxnard200609/25/2026331,5072,728$699,000$699,000$4641.004273
Total: 5 · Average3.02.61,386.63,943$887,200$887,200$641—44.4
Median1,421$775,000$775,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.