
San Marcos, California 92078
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well below the $1,106,869 Fair Market Value by 0.71%. This valuation gap offers $7,869 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires interior modernization to reach its full potential. The 1,801 sqft Atrium floor plan and Lake Views provide a strong foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a premium lakefront asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1210 Camino Del Lago Subject | $1,049,000* List Price | 2 | 2 | 1,801 | $575 | - |
A 1642 Via Barlovento Sold | $777,500 | 2 | 2 | 1,875 | $415 | 0.1 mi |
B 1516 Caminito Aguar Sold | $750,000 | 2 | 2 | 1,204 | $623 | 0.2 mi |
C 1397 Via Firenze Sold | $1,000,000 | 2 | 2 | 1,514 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 (44 years old), the property is in largely original condition and exceeds the 30-year threshold for the 'poor' category. The kitchen and bathrooms are significantly dated, featuring 1980s-era oak cabinetry, fluorescent light boxes, and older appliances. The listing description explicitly notes the home is ready for a 'personal vision and updates,' signaling that a full interior rehab is required to bring the property up to modern standards.
Situated in a desirable lakefront community, this end-unit captures both mountain and lake views, offering superior privacy and a serene atmosphere.
As one of the largest available layouts with 1,801 sqft and soaring vaulted ceilings, the property provides a bright, open, and highly functional living space.
Residents benefit from a robust amenity package including a fitness center, clubhouse, and direct lakefront recreation, enhancing the lifestyle value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =368662, other record lot size in square feet = 368455.
The property is noted as being ready for 'personal vision and updates,' indicating that a buyer will likely need to invest additional capital for interior renovations to meet modern standards.
With a monthly HOA fee of $672, the ongoing carrying costs are significant and may impact the overall affordability or investment yield for some buyers.
Welcome to a rare opportunity to own one of the largest floor plans (Atrium) in one of the most desirable lakefront communities in San Marcos. This spacious 2-bedroom, 2-bath end-unit offers soaring vaulted ceilings, an abundance of natural light, and a highly functional layout ready for your personal vision and updates. Positioned to capture both mountain and lake views, the quiet and peaceful patio provides the perfect setting for morning coffee, evening sunsets, or simply enjoying the serene surroundings. As an end unit, the home offers added privacy and a bright, open feel throughout. Residents enjoy access to an impressive collection of community amenities, including a fitness center, billiards room, clubhouse, and scenic lakefront recreation—all just a short stroll from your front door. Whether you're seeking a low-maintenance primary residence, a vacation retreat, or a home to customize and make your own, this property offers exceptional potential in an unbeatable location. Ideally situated near shopping, dining, golf, and outdoor recreation, this is your chance to own in one of North County's most sought-after lake communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,801 | 1,265.5 |
| Lot Size | 368,662 | 59,677.2 |
| Price | $1.05M | $698.9K |
| Price per sq ft | $582 | $513 |
| Built year | 1980 | 1988 |
| HOA | $672.0 | $476 |
| Days on market | 40 | 52 |
Jul 10, 2026
$1,049,000
$1,099,000
-5% Price Drop
Initial Listing
Jun 12, 2026
$1,099,000
Initial Listing
Jun 7, 2024
$950,000
Public Record
Nov 26, 2002
$340,000
Public Record