
San Marcos, California 92078
This Modern Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $730,000—positioned well below the $749,116 Fair Market Value by 2%. This valuation gap provides $19,116 in Instant Equity. Boasting a Mint Condition Rating and built in 2023, the home features scenic mountain views and access to the premier San Marcos Unified School District. This turnkey property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 Sunrise View Subject 3 bd · 3 ba · 1,501 sqft · $499 | $730,000* List Price | 3 | 3 | 1,501 | $499 | - |
A 2911 Faye Drive Sold 4 bd · 3 ba · 1,704 sqft · $455 · 0.7 mi | $774,900 | 4 | 3 | 1,704 | $455 | 0.7 mi |
B 2907 Faye Drive Sold 2 bd · 3 ba · 1,193 sqft · $553 · 0.7 mi | $659,900 | 2 | 3 | 1,193 | $553 | 0.7 mi |
C 1212 Mountain Laurel Road Sold 4 bd · 3 ba · 1,704 sqft · $449 · 0.7 mi | $764,546 | 4 | 3 | 1,704 | $449 | 0.7 mi |
D 1412 Mountain Laurel Road Sold 4 bd · 3 ba · 1,704 sqft · $452 · 0.7 mi | $770,546 | 4 | 3 | 1,704 | $452 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is less than 10 years old and in mint condition. As a recent construction, all major systems including HVAC and electrical are modern, and the interior finishes are expected to be contemporary with no maintenance required.
Built in 2023, this property offers the latest in energy efficiency, contemporary design, and updated building standards, minimizing immediate maintenance needs and providing a turn-key experience.
The residence features picturesque views of the surrounding hills and mountains, providing a serene backdrop and enhancing the overall aesthetic appeal and marketability of the home.
Located within the highly-regarded San Marcos Unified School District, this home offers access to top-tier educational facilities, which is a significant driver for long-term property value and buyer demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1501, other record living area = 1231. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $356 monthly association fee adds a significant recurring expense to the carrying costs, which may impact the total monthly affordability for budget-conscious buyers.
As a condominium, the property involves shared walls and common area restrictions, which may offer less privacy and autonomy compared to a detached single-family residence in the same price bracket.
Exceptional opportunity in San Marcos. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,501 | 1,287.956 |
| Lot Size | - | 157,123.227 |
| Price | $730.0K | $693.6K |
| Price per sq ft | $486 | $498 |
| Built year | 2023 | 2006 |
| HOA | $356.0 | $434 |
| Days on market | 25 | 58 |
Sep 30, 2026
$730,000
Initial Listing
Aug 9, 2023
$610,000
Public Record