
San Marcos, California 92078
This Single-Story Condominium in The Colony at Lake San Marcos is a Strong Value Opportunity, listed at $949,000—positioned well above the $846,718 Fair Market Value by 12%. While the price reflects a premium, the home offers a Fair Condition Rating with move-in-ready appeal and resort-style amenities, including pool access and golf course views. Located within the San Marcos Unified School District, this property provides a low-maintenance lifestyle. It is an ideal acquisition for Downsizers or Owner-Occupants seeking a peaceful, amenity-rich environment in North County.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1242 Rue Saint Moritz Subject 2 bd · 2 ba · 1,443 sqft · $566 | $895,000* List Price | 2 | 2 | 1,443 | $566 | - |
A 1260 Via Portofino Sold 2 bd · 2 ba · 1,542 sqft · $632 · 0.0 mi | $975,000 | 2 | 2 | 1,542 | $632 | 0.0 mi |
B 1672 Via Ocioso Sold 3 bd · 2 ba · 1,339 sqft · $564 · 0.1 mi | $755,000 | 3 | 2 | 1,339 | $564 | 0.1 mi |
C 1212 Via Portovecchio Sold 2 bd · 2 ba · 1,443 sqft · $678 · 0.1 mi | $979,000 | 2 | 2 | 1,443 | $678 | 0.1 mi |
D 1349 Via Firenze Sold 3 bd · 2 ba · 1,542 sqft · $613 · 0.1 mi | $945,000 | 3 | 2 | 1,542 | $613 | 0.1 mi |
E 1044 La Ventana Sold 3 bd · 2 ba · 1,440 sqft · $469 · 0.4 mi | $675,000 | 3 | 2 | 1,440 | $469 | 0.4 mi |
F 1298 Rue Saint Martin Active 2 bd · 2 ba · 1,542 sqft · $597 · 0.1 mi | $919,900 List Price | 2 | 2 | 1,542 | $597 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property is exceptionally clean and move-in ready, but falls into the 'Fair' category due to age and dated features. While the interior has been refreshed with neutral paint and carpet, the bathrooms retain original 1980s-style cabinetry and gold-trimmed shower enclosures, indicating that major systems and wet areas have not undergone a full modern renovation within the last 15 years.
Residents enjoy an unparalleled lifestyle with access to Lake San Marcos activities, multiple pools, tennis and pickleball courts, and golf facilities, all supported by an HOA that covers exterior and roof maintenance.
The desirable single-story floor plan offers a seamless flow and move-in-ready convenience, making it an ideal choice for downsizers or buyers seeking long-term accessibility without stairs.
Situated in a quiet community with views of the golf course and hills, the property is located within the highly-rated San Marcos Unified school district and offers easy access to coastal North County.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =196891, other record lot size in square feet = 197047.
The association fee of $517 per month is a significant recurring cost that may impact the purchasing power and budget of price-sensitive buyers.
Built in 1989, the home may feature aging infrastructure or systems typical of a 35-year-old structure, which could necessitate future capital improvements despite its clean, updated appearance.
Price Correction!! Single-story living in The Colony at Lake San Marcos! This beautiful, move-in-ready home offers comfort, privacy, and easy living in a quiet, resort-style community. The bright, thoughtfully designed floor plan features abundant natural light and seamless flow between the spacious living room and expansive kitchen/dining area. Two generously sized bedrooms are thoughtfully positioned for privacy, making this home ideal for downsizing, starting a family, or enjoying a relaxed, low-maintenance lifestyle. Enjoy the peaceful patio with views, coastal breezes, and beautifully landscaped surroundings. The Colony offers a true resort-style experience, with HOA dues covering landscaping, exterior and roof maintenance, and 24-hour neighborhood security. Residents enjoy parks, trails, green spaces, a private Colony pool, and two Lake San Marcos community pools. Lake activities include fishing, kayaking, paddleboarding, and boating, with rentals available through the Lakehouse Resort & Sail Club. Recreation facilities include a fitness center, pools, spa, tennis and pickleball courts, billiards, ping-pong, outdoor activities, and year-round events. Golf enthusiasts will appreciate the nearby executive 18-hole course, driving range, and putting green, while dining and shopping are close at Amalfi, Brickmans, and The Forum in Encinitas. Convenient access to the 5, 78, and 15 freeways makes exploring North County and the coast easy. Located near Discovery Elementary, San Elijo Middle, and San Marcos High, this exceptionally clean home combines peaceful surroundings with an exceptional Lake San Marcos lifestyle. Come experience the ease of single-level living and the comfort of a home thoughtfully updated for today’s lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,443 | 1,287.956 |
| Lot Size | 196,891.203 | 157,123.227 |
| Price | $895.0K | $693.6K |
| Price per sq ft | $620 | $498 |
| Built year | 1989 | 2006 |
| HOA | $517.0 | $434 |
| Days on market | 17 | 58 |
Oct 24, 2026
$895,000
$949,000
-6% Price Drop
Initial Listing
Oct 8, 2026
$949,000
Initial Listing
Oct 26, 2012
$380,000
Public Record
Sep 14, 2009
$445,000
Public Record
Apr 15, 2004
$445,000
Public Record