5040 Island View Street
Oxnard, CA, 93035
$1,899,000
MLS: V1-35169
Beds
3
Baths
4
Sq Ft
2,492
Lot
0.09 ac
Year Built
1985
MLS #
V1-35169
Days on Market
39
Listed
Mar 14, 2026
Description
Welcome to Mandalay Shores, a beautifully remodeled coastal home with ocean views just steps from the sand. Designed for the ultimate Oxnard beach lifestyle, the home offers multiple decks for relaxing or entertaining while enjoying the spectacular sunsets that make this community so special.The first level is designed for flexible living and features two bedrooms, an updated bathroom, and a secondary kitchenette with living space -- ideal for guests, multi-generational living, entertaining, or even a private movie room.Upstairs, the primary suite offers a private balcony, walk-in closet, and a beautifully remodeled Carrara marble bathroom. The family room features a gas fireplace, built-in storage, and a deck with ocean views, creating the perfect space for sunset gatherings or quiet mornings by the sea.The chef's kitchen showcases all-new appliances, Carrara marble countertops, a center island, and thoughtful design that opens to the living room, family room, and oversized dining area, creating seamless indoor-outdoor flow for everyday living and entertaining.Recent upgrades include new flooring throughout, recessed lighting, ceiling fans, tankless water heater, mini-split HVAC system, upgraded electrical panel, and a new roof.Outside, the landscaped front and side yards provide space for outdoor dining, entertaining, or adding a spa, while the two-car garage offers convenience and additional storage.Located near Channel Islands Harbor, the home provides easy access to boating, kayaking, paddleboarding, golf, shopping, and local dining. Here, coastal charm, modern comfort, and Ventura County's natural beauty come together to create a true beach retreat.
Location
Oxnard, Ventura County, CA 93035
Open on Google Maps ↗Listed by: Ann Howarth · RE/MAX Gold Coast-Beach Office
Payment estimate
$13,491
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $189,900 · Loan: $1,709,100
- Principal & Interest
- $10,501
- Property tax (1.25%)
- $1,978
- Homeowners insurance
- $300
- Mortgage insurance
- $712
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Oxnard home with as little as 3.5% down using an FHA loan — roughly $66,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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