1205 Shay Place, Escondido, California 92026, Escondido, 92026 - 4 bed, 3 bath
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Escondido, California 92026
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $985,000—positioned slightly above the $977,746 Fair Market Value. While priced at market, the property offers significant utility through its expanded downstairs bedroom with separate entrance, perfect for rental income or guest quarters. Featuring a sparkling pool, artificial turf, and a Condition Rating of 3, the home is move-in ready with recent cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, low-maintenance lifestyle without HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 Shay Place Subject | $985,000* List Price | 4 | 3 | 2,041 | $479 | - |
A 1351 Graham Pl Sold | $945,000 | 4 | 3 | 2,142 | $441 | 0.2 mi |
B 1375 Linsay Sold | $925,000 | 4 | 3 | 2,190 | $422 | 0.1 mi |
C 2207 Pleasantwood Lane Sold | $987,500 | 4 | 3 | 2,358 | $419 | 0.6 mi |
D 1892 Centennial Way Sold | $1,030,000 | 5 | 3 | 2,833 | $364 | 0.2 mi |
E 1233 Rocky Point Way Sold | $820,000 | 3 | 2 | 1,720 | $477 | 0.5 mi |
F 2257 Brookwood Court Pending | $919,000 List Price | 4 | 3 | 2,189 | $420 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but features significant recent cosmetic updates including fresh interior paint, new carpeting, and a refreshed kitchen with new countertops, sink, and stainless appliances. The home is well-maintained and move-in ready, though some cabinetry and bathroom vanities appear to be original or older styles.
The expanded downstairs bedroom features a separate entrance and kitchenette amenities, making it an ideal setup for multi-generational living, guest quarters, or potential rental income.
The absence of HOA fees and Mello-Roos assessments provides significant monthly savings and greater financial freedom compared to many newer developments in the area.
The property boasts a private sparkling pool and low-maintenance artificial turf in both the front and back yards, offering a premium outdoor lifestyle without the heavy upkeep.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The assigned middle and high schools carry average ratings (4 and 5 respectively), which may be a drawback for buyers specifically seeking top-tier educational districts.
While the home features fresh cosmetic updates, the 1989 construction may still reflect older architectural trends and standard energy efficiency levels compared to modern builds.
Fresh updates, flexible living space, and a sparkling pool make this North Escondido home a standout! This spacious 4 bedroom, 3 bathroom home offers approximately 2,041 sq ft of comfortable living with thoughtful upgrades throughout. Fresh interior paint, new upstairs carpet, new kitchen countertops and sink, plus a new refrigerator and dishwasher give the home a light, refreshed feel. The inviting family room features a cozy fireplace and opens to the backyard, creating a perfect space for relaxing or entertaining. Upstairs you’ll find 3 bedrooms, including a spacious primary suite with dual sink vanity and new shower door. Downstairs features a large expanded bedroom with its own separate entrance and backyard access, ideal for multi-generational living, guest quarters, home office, or potential rental opportunity. This addition expanded the home by approximately 247 sq ft and includes a refrigerator and microwave for added convenience. Step outside to enjoy the lovely backyard pool and low-maintenance artificial turf in both the front and back yards. Located on a cul-de-sac, with no HOA and no Mello-Roos, this property offers freedom and value in a desirable North Escondido location close to shopping, dining, schools, and easy freeway access.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.3 mi
Grades 4-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,041 | 1,956 | 54% |
| Lot Size | 7,866 | 7,138 | 56% |
| Price | $985.0K | $885.0K | 67% |
| Price per sq ft | $483 | $474 | 53% |
| Built year | 1989 | 1989 | 50% |
| HOA | $0 | $35 | 49% |
| Days on market | 16 | 142 | 5% |
May 21, 2026
$985,000
Initial Listing
Jul 15, 2016
$511,000
Public Record
Aug 9, 2012
$343,000
Public Record
Feb 17, 2000
$230,000
Public Record