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112 Encanto Drive, Escondido, California 92027, Escondido, 92027 - 5 bed, 3 bath

112 Encanto Drive, Escondido, California 92027 home-pic-0
ACTIVE$1,060,000
112 Encanto Drive, Escondido, California 92027
5Beds
3Baths
2,548Sqft
22,651.199Lot
Year Built
1966
Close
-
List price
$1.06M
Original List price
$899K
Price/Sqft
$416
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508114
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
Pool
Patio
ViewCity Lights,Panoramic

About this home

Great Deal:The estimated price is 6% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.06M(78th), sqft - 2548(76th), beds - 5(90th), baths - 3(58th).

SELLER MOTIVATED, VA ASSUMABLE, SOLD FULLY FURNISHED, TWO UNITS. This stunning 4 bed, 2 bath main house plus an attached studio (private entrance) is perfect for rental income, guests, or multigenerational living. Sitting on over half an acre, you’ll enjoy a sparkling pool, mountain views, fruit trees, and even your own basketball court. This custom-built home features high-end finishes, a new A/C system, and a detached 2-car garage with extra storage room. The spacious basement offers even more possibilities — ideal for a home gym, workshop, or man cave. A rare chance to own a high-performing luxury asset with serious lifestyle appeal

Price History

Date
Event
Price
11/21/25
Price Change
$1,060,000+17.9%
10/27/25
Listing
$899,000
Condition Rating
Excellent
Despite being built in 1966, the property has clearly undergone an extensive and high-quality renovation, likely within the last 5 years. The kitchen features modern dark shaker cabinets, white marble-look quartz countertops, subway tile backsplash, and new stainless steel appliances. Bathrooms also showcase contemporary tiling and fixtures. Flooring throughout is a mix of modern light wood-look laminate/LVP and large format marble-look tile, all appearing new. The description mentions 'high-end finishes' and a 'new A/C system,' further supporting a recent, comprehensive update. All visible components are virtually new and meet current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 2548.
Income-Generating Potential & Flexible Living: The property features two distinct units (main house + attached studio with private entrance), offering significant potential for rental income, guest accommodation, or multi-generational living.
Exceptional Outdoor Lifestyle & Large Lot: Situated on over half an acre (22,651 sqft), the property boasts a sparkling pool, basketball court, fruit trees, and panoramic mountain views, providing a comprehensive outdoor living experience.
Modern Comforts & Quality Construction: Benefits from a new A/C system and high-end finishes throughout, indicating a well-maintained and updated custom-built home.
Financial Advantage for Eligible Buyers: The VA assumable loan option presents a substantial financial benefit for eligible buyers, potentially offering a lower interest rate and easier financing.
Abundant Auxiliary Spaces: Includes a spacious, versatile basement (ideal for a gym, workshop, or man cave) and a detached 2-car garage with additional storage, enhancing functionality and value.

Cons

Age of Construction & Potential for Future Maintenance: Built in 1966, the property, despite some mentioned upgrades, may still have original systems or components (e.g., plumbing, electrical, roof) that could require future attention or replacement, which is not detailed.
Significant Price Adjustment: The current list price of $1.06M represents a substantial increase from the original $899k, which might lead to buyer scrutiny regarding valuation and market competitiveness.
Specific Buyer Niche for Furnished Sale: Being sold 'FULLY FURNISHED' might limit the buyer pool to those who appreciate or need the existing furnishings, potentially deterring buyers who prefer to personalize their space or have their own furniture.

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