Closed

1005 South Pacific Street

Oceanside CA, 92054

$5,810,500


$1,539.21 per sqft

Closed

5 Beds

3.75 Baths

3,775 sqft

Residential

Built in 1973

Listed by Hunter Campbell with DEGU, Inc 760-859-5911

Welcome to 1005 S Pacific Street, a stunning coastal paradise nestled in the heart of picturesque Oceanside. This luxurious beachfront property epitomizes uncompromising elegance and modern luxury. Recently, in 2022, it underwent an extensive renovation that cost over a million dollars, making it one of the city's premier homes. This spacious oceanfront residence boasts an impressive 3,775 square feet, that features 5 generously appointed bedrooms and 5 bathrooms. Every facet of this home has been meticulously curated with exceptional attention to detail, showcasing high-end finishes and cutting-edge design. The property was taken down to the studs, ensuring that everything inside is not only brand new but also of the highest quality. As you step inside, you'll immediately be captivated by the panoramic ocean views that grace nearly every room, flooding the living spaces with natural light and creating an unbreakable connection to the mesmerizing Pacific Ocean. The two chef's kitchens are culinary masterpieces, equipped with top-of-the-line appliances and custom cabinetry, making them perfect spaces for gathering with friends and family to create unforgettable memories. The open-concept living and dining areas effortlessly flow outdoors to an expansive area to work or play, ideal for al fresco dining while taking in the soothing waves. This property is not just a luxurious residence but also a versatile investment opportunity. It has the potential to generate substantial income, with the ability to yield over $470,000 annually as a rental property. It comes fully furnished, ensuring a hassle-free transition for both you and your guests. Start your mornings with the soothing sounds of the waves just steps from your door, setting the tone for a day filled with coastal adventures. After basking in the sun on the sandy beach, retreat to your private balcony to savor breathtaking sunsets over the horizon, painting the sky with a mesmerizing palette of colors. Moreover, there is potential to expand the home by adding an additional living floor without changing the existing roof by finishing the spacious attic. Parking is abundant with a private three car garage and three large driveway spots that can accommodate large SUVs without hanging onto the street--unmatched in Oceanside beachfront real estate. This property also boasts one of the largest beachfront lots in the area. For your convenience, there is also ample exterior storage space for all your beach gear and belongings. The beautifully landscaped backyard offers a serene oasis for relaxation, and the outdoor spaces have been thoughtfully designed to maximize enjoyment and entertainment. In every aspect, this beachfront gem represents the epitome of California beachfront living. Whether you're seeking a primary residence, a vacation retreat, or a lucrative income-generating property, 1005 S Pacific Street promises an unparalleled coastal lifestyle that seamlessly combines sophistication with tranquility. This is an extraordinary opportunity to own a OCEANFRONT slice of paradise along the Pacific coast for less than $1560 a square foot. This also translates to an astounding 12.5 times gross unheard of for an OCEANFRONT property.

NDP2306924

MLS ID

September 5, 2023

Listed

May 9, 2024

Updated

Map

1005 South Pacific Street
Oceanside CA, 92054

Interior Features

Total Stories

3


Bedrooms

5


Total Bathrooms

3.75


Laundry Description

Inside


Fireplace

Yes


Fireplace Description

Gas


Cooling

Yes


Cooling Description

Central Air, Ductless, Zoned


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Waterfront, Yard

School Information

School District

Oceanside Unified

Other Property Details

Area Name

92054 - Oceanside


Days on Market

65


Garage

Yes


Garage Spaces

3


Parking Total

3


View

Yes


View Description

Ocean


County

San Diego


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Zoning

R-2


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

12/4/2023

Price Change

$5,810,500

-2%

12/4/2023

Sold

$5,810,500

11/11/2023

Pending

10/17/2023

Price Change

$5,885,000

-7%

Listing Contact: 760-859-5911 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:15 PM UTC

 

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