
Escondido, California 92026
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned above the $654,049 Fair Market Value. While the property requires a comprehensive rehab due to its Condition Rating of 5, the massive 15,170 sq. ft. lot offers significant upside for an ADU or expansion. Featuring Panoramic City Views and central climate control, this asset provides a solid foundation for value-add strategies. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize equity through strategic renovation and land utilization.
Property is extensive renovation needed.
Built in 1974 (50 years old), the property features largely original and dated finishes including wood paneling, acoustic tile ceilings, and an outdated kitchen. The listing description explicitly highlights the need for renovation and personalization, and visual evidence of significant cracking in the exterior concrete suggests the home requires a comprehensive rehab rather than minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14375, living area = 1440.
The massive 15,170 square foot lot offers rare flexibility for future improvements, including a swimming pool, workshop, or an Accessory Dwelling Unit (ADU) to maximize property value.
Situated in an elevated setting, the property provides stunning panoramic city light views that enhance the overall ambiance and desirability of the home.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14375, other record lot size in square feet = 15170. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The interior is in need of updating and personalization, which will require an additional capital investment from the buyer to modernize the living space.
With only two bedrooms, the property may have restricted appeal for larger families or buyers requiring multiple guest rooms or dedicated office spaces.
Fantastic opportunity in Escondido with Beautiful City Views from an elevated setting. This 2 bedroom, 2 bathroom home offers 1,440 Sq Ft of living space and sits on an MASSIVE 15,170 Square Foot Lot. The home features central air conditioning and forced air heating for year round comfort. Inside, you will find a bright living area with great potential for updating and personalization. The layout provides a solid foundation for buyers looking to renovate and create their own vision. The home also includes a separate interior laundry room with space for a washer and dryer, adding everyday convenience. With some updating, this property could truly become the home of your dreams. The massive lot offers excellent space and flexibility for future improvements, including room for a workshop, swimming pool, outdoor entertaining area, or possible ADU. The property is surrounded by mature vegetation that provides added privacy, and the backyard features a large oak tree that adds natural beauty and shade. Properties with this much land and potential rarely come available and present a great opportunity for homeowners, investors, or buyers looking to add value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.3 mi
Grades 4-8 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,440 | 1,956 | 23% |
| Lot Size | 14,375 | 7,138 | 74% |
| Price | $715.0K | $889.0K | 13% |
| Price per sq ft | $497 | $474 | 59% |
| Built year | 1974 | 1989 | 15% |
| HOA | $0 | $40 | 48% |
| Days on market | 0 | 141 | 6% |
Jun 8, 2026
$715,000
$725,000
-1% Price Drop
Initial Listing
Apr 2, 2026
$725,000
Initial Listing