1015 Gamble Ln, Escondido, California 92029, Escondido, 92029 - 3 bed, 2 bath
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Escondido, California 92029
This Versatile Single-Story Residence represents a Strong Value Opportunity, listed at $1,050,000—positioned well above the $972,183 Fair Market Value by 8%. While priced at a premium, the property offers significant upside through its ½-acre flat lot and ADU potential via the detached converted garage. Featuring paid-for solar panels and an energy-efficient upgrade package, the home maintains a Condition Rating of 3. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution with long-term utility savings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 Gamble Ln Subject | $1,050,000* List Price | 3 | 2 | 1,920 | $514 | - |
A 942 Cimarron Sold | $998,000 | 3 | 2 | 2,043 | $488 | 0.4 mi |
B 2826 Calle De Malibu Sold | $1,110,000 | 3 | 2 | 1,840 | $603 | 0.9 mi |
C 2612 Miller Sold | $1,349,999 | 3 | 2 | 2,028 | $666 | 0.7 mi |
D 1531 Knoll Park Glen Sold | $1,095,000 | 4 | 2 | 1,872 | $585 | 0.4 mi |
E 2735 Alexander Sold | $1,107,000 | 3 | 2 | 1,999 | $554 | 1.0 mi |
F 1425 Knoll Park Gln Sold | $875,000 | 3 | 2 | 1,685 | $519 | 0.6 mi |
G 2345 Miller Ave Sold | $979,000 | 3 | 3 | 2,131 | $459 | 0.4 mi |
H 2129 Bernardo Active | $999,900 List Price | 3 | 3 | 1,864 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1959, the property has undergone significant recent renovations including a modernized kitchen with high-end Viking appliances and white shaker cabinetry. Key systems have been updated with new solar panels, energy-efficient windows, and new ducting/insulation. The home is move-in ready and well-maintained, though some interior finishes like the tile flooring suggest a renovation age within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21800, living area = 1647.
The property features significant high-value improvements including paid-for solar panels, new high-performance attic insulation, updated ducting, and energy-efficient windows, ensuring long-term utility savings.
Situated on a rare, flat half-acre lot, the property offers exceptional versatility for horse facilities, RV parking, or the addition of a pool and workshop in a prime neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1920, other record living area = 1647.
Built in 1959, the home may require ongoing maintenance or interior modernization to align the mid-century systems and aesthetics with its contemporary energy upgrades.
Returning to the market after 36 days can create buyer hesitation or increased scrutiny regarding previous inspection hurdles or financing fall-throughs.
Comfort and Light Await in This Beautifully Updated Felicita Retreat. Nestled on a flat half-acre lot in the desirable Felicita neighborhood, this move-in-ready single-story home blends modern upgrades with exceptional outdoor living. Designed for both everyday comfort and unforgettable gatherings, the property features a private backyard oasis with a fire pit, mature fruit trees, half basketball court, and expansive space for entertaining, relaxing, and creating lasting memories. Recent improvements include new upgraded tile flooring throughout kitchen and dining room (new photos to come), new kitchen cabinetry, newly added paid-for solar panels, extremely low energy costs, upgraded attic insulation, updated ducting, and energy efficient insulated windows that keep the home cooler and more energy efficient during warm summer months. Fresh exterior paint and new exterior doors add to the instant curb appeal. Not only is this home a rare find, you'll immediately notice a meticulously well maintained home that includes many operating system upgrades. Huge upside for new owner. The layout features 3 bedrooms, 2 bathrooms, an oversized primary suite, bonus office space, two spacious living areas, and a formal dining room and multipurpose garage conversion all flooded with natural light. This rare opportunity to own a beautifully updated home offering the perfect balance of privacy, flexibility, and California indoor-outdoor living is waiting for you. Enjoy ample parking, room for RVs or multiple vehicles, and the convenience of nearby Felicita Park, shopping & dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,920 | 2,028 |
| Lot Size | - | 10,454.4 |
| Price | $1.05M | $936.5K |
| Price per sq ft | $547 | $486 |
| Built year | 1959 | 1985 |
| HOA | $0 | $225 |
| Days on market | 68 | 46 |
May 15, 2026
$1,050,000
Initial Listing
Jan 18, 2022
$812,500
Public Record
Dec 18, 1995
$142,000
Public Record