1200 Mulberry, San Marcos, California 92069, San Marcos, 92069 - 3 bed, 3 bath
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1200 Mulberry
San Marcos, California 92069
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,652Sq Ft
39,204Lot Size
Property Price
LIST PRICE$1,789,000
EST. MARKET VALUE
$1,944,845
8% BelowMARKET VALUE
SUMMARY
This Stunning Hilltop Estate represents a Strong Value Opportunity, listed at $1,789,000—positioned well below the $1,944,845 Fair Market Value by 8%. This valuation gap offers $155,845 in Instant Equity. Featuring a Mint Condition Rating following a comprehensive remodel, the home includes a private pool, panoramic views, and modern luxury finishes. Located in the San Marcos Unified district, this property provides a rare blend of privacy and turnkey convenience, making it an ideal acquisition for discerning homeowners or luxury lifestyle seekers.
Estimated Market Value
$1,944,845+$155,845 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Marcos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Mulberry Subject | $1,789,000* List Price | 3 | 3 | 2,652 | $733 | - |
A 605 Cox Sold | $1,816,000 | 3 | 3 | 2,550 | $712 | 0.7 mi |
B 1717 Birchwood Active | $1,649,000 List Price | 4 | 3 | 2,537 | $650 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1946, the property has undergone a comprehensive, high-end remodel within the last 5 years. It features a modern kitchen with waterfall countertops and new appliances, updated bathrooms with a steam shower and freestanding tub, and new systems including HVAC mini-splits, windows, and electrical, putting it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views & Privacy
Situated at the peak of a hill on a gated estate, the property offers rare, unobstructed 360-degree views of canyons, mountains, and city lights, ensuring maximum seclusion.
- Comprehensive Modern Remodel
The 1946 Spanish-style residence has been meticulously updated with all-new windows, modern appliances, and upgraded systems, providing a move-in-ready experience with historic charm.
- Expansive Resort-Style Lot
Spanning over 39,000 square feet, the grounds feature a private swimming pool and extensive outdoor living areas, creating a luxury retreat atmosphere ideal for entertaining.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
At a price point of nearly $1.8 million, the three-bedroom configuration may be a constraint for larger families or buyers seeking more guest accommodations.
- Original Construction Age
Despite the extensive renovations, the 1946 foundation and original structural footprint may lack the open-concept flow found in modern custom-built luxury homes.
About 1200 Mulberry
PANORAMIC VIEW+REMODELED+POOL+GATED+OVER 39,000 LOT Experience an exceptional combination of privacy, luxury, and breathtaking panoramic views in every direction from this beautifully remodeled Spanish-style gated estate, ideally situated at the top of a hill on just over 39,000 square feet of land. A striking iron double-door entry welcomes you into this distinctive Spanish-style residence, beautifully remodeled throughout with all-new windows, new appliances, updated systems, and a luxurious steam shower. The thoughtful upgrades create a fresh, modern, move-in-ready home while preserving its timeless architectural character and charm. Step outside to your own private resort-style retreat, complete with a swimming pool, generous outdoor living space, and spectacular panoramic views surrounding the property. The hilltop location provides an incredible sense of openness, privacy, and scenery—an exceptional setting for entertaining, relaxing, and enjoying the Southern California lifestyle. With its combination of a private gated entrance, Spanish-style architecture, commanding hilltop setting, panoramic views in every direction, beautiful renovations, iron double-door entry, steam shower, all-new windows, appliances and updated systems, over 39,000 square feet of land, and a private pool, this distinctive property offers a rare opportunity to enjoy space, privacy, character, views, and modern luxury in one exceptional setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 39,204 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,652 | 2,318.709 |
| Lot Size | 39,204 | 6,909.226 |
| Price | $1.79M | $1.19M |
| Price per sq ft | $675 | $552 |
| Built year | 1946 | 1998 |
| HOA | $0 | $165 |
| Days on market | 9 | 46 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,789,000
Initial Listing
Sold
Mar 17, 2025
$990,000
Public Record
Sold
Mar 14, 2025
$893,000
Public Record
Sold
Jan 2, 2009
$280,000
Public Record
Sold
Jun 2, 2005
$550,000
Public Record