
Escondido, California 92027
This Single Family Residence represents a Strong Value Opportunity, listed at $949,000—positioned slightly above the $909,578 Fair Market Value. While the price reflects the premium land value of this 1.45-acre RE-20 Zoned parcel, the property offers significant long-term potential. Featuring a Condition Rating of 3, the home includes a desirable downstairs primary suite and sweeping valley views. With no high fire zone risk and ample space for an ADU or pool, this is an ideal acquisition for Owner-Occupants or Investors seeking a private, high-utility hilltop sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1228 Sheridan Avenue Subject | $939,000* List Price | 3 | 3 | 1,850 | $476 | - |
A 1531 View Pointe Sold | $745,000 | 4 | 2 | 1,435 | $519 | 0.9 mi |
B 1259 Siggson Avenue Active | $825,000 List Price | 4 | 2 | 1,605 | $514 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1977, the property shows clear signs of maintenance and partial renovation within the last 5-15 years. Interior images reveal updated wood-look flooring and a modernized bathroom with a white shaker vanity, stone countertops, and contemporary fixtures. The home appears move-in ready and well-maintained, though some original 1970s elements like the staircase banister and balcony railings persist.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63162, living area = 1850.
The sprawling 1.45-acre parcel provides rare privacy and significant development opportunities, including space for an ADU, a custom pool, or extensive agricultural use.
Being located outside of a high fire zone is a major advantage in the current California market, offering easier insurability and potentially lower premium costs.
Built in 1977, the property may require updates to its original systems or cosmetic finishes to align with modern luxury standards and energy efficiency.
At 1,850 square feet for nearly $950,000, the valuation leans heavily on the land and location, which may be a drawback for buyers prioritizing interior living space over acreage.
Perched high upon the hill, where star-gazing and storytelling abound, this inviting home awaits you! Positioned to capture refreshing breezes and sweeping valley views, 1228 Sheridan offers a sense of openness and tranquility that is hard to find. Thoughtfully designed for comfort and flexibility, the floor plan features a desirable downstairs primary suite, an additional guest bath, and an open-concept kitchen and dining area ideal for everyday living and entertaining. Set on a sprawling 1.45-acre parcel, the possibilities are abundant. Add a dream pool, build an ADU, cultivate gardens, or simply enjoy the space, privacy, and freedom that are increasingly hard to find. Mature trees grace the property, including a magnificent pepper tree that anchors the landscape. Tangelo, Valencia, and cherimoya provide seasonal slices for the dinner table. Beyond its beauty, this property offers practical advantages as well. Located within the City of Escondido and zoned RE-20, it provides access to city services while preserving a peaceful country atmosphere. The property is also NOT located in a high fire zone, an important consideration for insurance and peace of mind. If you've been searching for room to breathe, grow, and create, all highways and hills will lead you here.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,850 | 2,028 |
| Lot Size | 63,162 | 10,454.4 |
| Price | $939.0K | $936.5K |
| Price per sq ft | $508 | $486 |
| Built year | 1977 | 1985 |
| HOA | $0 | $225 |
| Days on market | 35 | 46 |
Jul 16, 2026
$939,000
$949,000
-1% Price Drop
Initial Listing
Jun 17, 2026
$949,000
Initial Listing
May 4, 2023
$885,000
Public Record