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$1,699,000
EST. MARKET VALUE
$1,789,000
5% BelowMARKET VALUE
SUMMARY
This Stunning Hilltop Estate is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,789,000 Fair Market Value by 5%. This valuation gap offers $90,000 in Instant Equity for the buyer. Featuring a Mint Condition Rating and a comprehensive remodel, the home includes a private pool, panoramic views, and a 39,000+ sqft lot. Located in the San Marcos Unified district, this property is an ideal acquisition for Luxury Homeowners or Discerning Buyers seeking a turnkey, private sanctuary.
Estimated Market Value
$1,789,000+$90,000 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 3 bd · 3 ba · 2,652 sqft · $675 | $1,699,000* List Price | 3 | 3 | 2,652 | $675 | - |
A 605 Cox Sold 3 bd · 3 ba · 2,550 sqft · $712 · 0.7 mi | $1,816,000 | 3 | 3 | 2,550 | $712 | 0.7 mi |
B 1717 Birchwood Pending 4 bd · 3 ba · 2,537 sqft · $630 · 0.9 mi | $1,599,000 List Price | 4 | 3 | 2,537 | $630 | 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.
Although originally 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 including a steam shower, all-new windows, and updated mechanical systems, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 39204, living area = 2652.
- Panoramic Views
The hilltop location offers exceptional 360-degree views of city lights, canyons, and mountains, providing a rare sense of openness and scenery.
- Expansive Private Lot
Situated on over 39,000 square feet of land with a gated entrance, the property offers significant privacy and space for outdoor resort-style living.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 51 days on the market and a recent $90,000 price reduction, the property may be facing challenges in aligning with current buyer valuations for the area.
- Bedroom Count vs. Price
At a $1.699M price point, a 3-bedroom configuration may limit the appeal for larger families or buyers seeking more versatile living spaces.
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 | 2,349.052 |
| Lot Size | 39,204 | 6,943.049 |
| Price | $1.70M | $1.21M |
| Price per sq ft | $641 | $553 |
| Built year | 1946 | 1999 |
| HOA | $0 | $168 |
| Days on market | 55 | 45 |
Pricing History
Listed for Sale
Oct 3, 2026
$1,699,000
$1,789,000
-5% Price Drop
Initial Listing
Price Change
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