
San Diego, California 92128
This Turnkey Resort-Style Condominium is a Prime Investment Opportunity, listed at $450,000—positioned well below the $467,960 Fair Market Value by 3%. This valuation gap offers $17,960 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features granite countertops, laminate flooring, and a newer HVAC system. Residents enjoy premium amenities and access to the elite Poway Unified School District, including Rancho Bernardo High (9/10). This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12015 Alta Carmel Ct 306 Subject | $435,000* List Price | 1 | 1 | 704 | $639 | - |
A 12019 Alta Carmel Ct 282 Sold | $440,000 | 1 | 1 | 704 | $625 | 0.0 mi |
B 12007 Alta Carmel Court 325 Sold | $425,000 | 1 | 1 | 704 | $604 | 0.0 mi |
C 12023 Alta Carmel 244 Sold | $470,000 | 1 | 1 | 704 | $668 | 0.0 mi |
D 15048 Avenida Venusto 260 Sold | $485,000 | 1 | 1 | 708 | $685 | 0.2 mi |
E 12023 Alta Carmel Ct 253 Active | $465,000 List Price | 1 | 1 | 704 | $661 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is within the 10-20 year age range for a 'good' rating. It is move-in ready with several key updates including laminate wood flooring, fresh interior paint, granite countertops, and newer HVAC and water heater systems. While the kitchen cabinetry and bathroom fixtures appear to be well-maintained original or slightly older updates, the overall condition is turnkey with no immediate renovations required.
Elementary School: Painted Rock Elementary School (9/10). High School: Del Norte High School (10/10).
The unit is move-in ready with fresh interior paint, laminate wood flooring, and significant mechanical upgrades including a newer HVAC system and water heater.
The Il Palio community offers an extensive amenity package including a pool, spa, sauna, fitness center, and tennis and racquetball courts, providing a high-end lifestyle.
At 704 square feet with only one bedroom, the property offers limited flexibility for buyers needing a home office or additional guest space.
The $403 monthly association fee adds a significant recurring expense to the budget, which may be a deterrent for some entry-level buyers or investors.
Welcome to resort-style living in the highly desirable Il Palio community! This move-in ready 1-bedroom, 1-bath interior unit offers a peaceful setting away from main roads while still being conveniently located near the pool and tennis courts. Inside, you’ll find laminate wood flooring throughout, fresh interior paint, and a bright, open layout. The upgraded kitchen features granite countertops, newer cabinetry, and all appliances included—making this home truly turnkey. Additional improvements include a newer HVAC system and water heater for added comfort and efficiency. Enjoy the rare convenience of a walk-in pantry with a full-size, side-by-side washer and dryer. The spacious bedroom and living areas provide a comfortable retreat, ideal for both everyday living and entertaining. Il Palio offers an impressive array of resort-style amenities including a pool, spa, sauna, fitness center, clubhouse, tennis and racquetball courts, and BBQ areas. Located within the award-winning Poway Unified School District, this home also includes assigned covered parking and guest parking with permit. A perfect opportunity for first-time buyers, investors, or anyone seeking low-maintenance living in a prime CMR/Rancho Bernardo location! One or more photo(s) was virtually staged.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 11% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 704 | 1,196 | 6% |
| Lot Size | - | - | 50% |
| Price | $435.0K | $625.0K | 9% |
| Price per sq ft | $618 | $548 | 74% |
| Built year | 2006 | 1986 | 94% |
| HOA | $403.0 | $495 | 26% |
| Days on market | 18 | 161 | 4% |
Apr 18, 2026
$435,000
$450,000
-3% Price Drop
Initial Listing
Apr 4, 2026
$450,000
Initial Listing
Mar 17, 2021
$345,000
Public Record
Jul 5, 2005
$262,500
Public Record