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The late actor Lyle Waggoner's beachfront home in Oxnard, California, is on the market for $4.4 million in 2026. This property represents a significant opportunity for buyers seeking a modern luxury home with direct beach access at a price point considerably lower than comparable properties in Malibu. The key conclusion is that the home's value is driven by its premium construction, unique amenities, and relative privacy, offering a compelling alternative to the hyper-competitive Los Angeles County coastline. The $4.4 million listing price reflects a thoughtful valuation based on its Ventura County location and recent purchase history.
Built in 2015, this 4,644-square-foot home is a contemporary freehold property, meaning the owner has full and absolute ownership of the land and building. It sits directly on Mandalay Beach, featuring five bedrooms and expansive living areas designed to maximize ocean views. Notable interior elements include high ceilings, massive windows, and large bi-fold glass doors that open to generous decks. The gourmet kitchen is equipped with high-end Miele appliances, a waterfall-edged island, quartz countertops, and custom cabinetry. For comfort and efficiency, the home includes three separate HVAC (Heating, Ventilation, and Air Conditioning) systems, allowing for zoned climate control to save energy when only part of the house is occupied. Luxe amenities include an elevator, a game room, and a six-car garage.
The home's location in Ventura County is a primary factor in its $4.4 million price tag. While a similar property just 30 miles south in Malibu could command more than twice this amount, the Oxnard location offers distinct advantages. It provides greater privacy and a more relaxed coastal atmosphere while still offering easy access to Hollywood Beach, the Channel Islands Harbor, and the scenic foothills. This makes it an attractive option for buyers prioritizing space and tranquility over proximity to the busier Los Angeles core. Public records show Waggoner purchased the property in 2016 for $3.95 million, indicating a market appreciation that aligns with broader Ventura County trends.
Beyond its celebrity connection, the home's value is rooted in its recent construction and high-quality rebuild. Unlike older homes that may require significant updates, this property was extensively remodeled just prior to Waggoner's 2016 purchase. The direct beach access, modern design, and practical amenities like the multi-zone HVAC and six-car garage cater to a luxury lifestyle without the maintenance concerns of an older structure. For a buyer, the combination of turnkey readiness, architectural significance, and a price below the Malibu benchmark creates a unique market opportunity.
Prospective buyers should consider that the value of coastal properties is influenced by factors beyond the home itself, including potential changes in property tax assessments and environmental regulations. Based on our experience assessment, this home is positioned as a strong contender for those seeking a high-end California beach lifestyle with a focus on modern comforts and relative seclusion.
