12822 Encantadora #35 35, San Diego, California 92129, San Diego, 92129 - 3 bed, 3 bath
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12822 Encantadora #35 35
San Diego, California 92129
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,654Sq Ft
0Lot Size
Property Price
LIST PRICE$431,033
SUMMARY
GORGEOUS BRAND NEW DEED RESTRICTED AFFORDABLE HOME! PLEASE REVIEW ATTACHED DOCUMENTS FIRST! Minimum household size of 4. Cannot have owned a home in the last 3 years. OTHER GUIDELINES AND RESTRICTIONS APPLY. Pictures are of the model but the affordable home has the same footprint...the differences are: the affordable home will have a 1/2 bath on 1st floor, no bath on the 2nd floor, and no island in the kitchen. GORGEOUS BRAND NEW DEED RESTRICTED AFFORDABLE HOME! PLEASE REVIEW ATTACHED DOCUMENTS FIRST! Minimum household size of 4. Cannot have owned a home in the last 3 years. OTHER GUIDELINES AND RESTRICTIONS APPLY. Pictures are of the model but the affordable home has the same footprint...the differences are: the affordable home will have a 1/2 bath on 1st floor, no bath on the 2nd floor, and no island in the kitchen.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a brand-new construction property with an estimated completion date in 2026. As a new build, it features modern kitchen and bathroom finishes, brand-new HVAC and electrical systems, and requires zero maintenance, perfectly meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Priced at $431,033, this property offers a rare opportunity to own a 1,654 sqft new-construction home in the high-demand Rancho Penasquitos area at a price significantly below the local market average.
- Modern New Construction
Scheduled for completion in 2026, the home features a contemporary open floor plan, energy-efficient systems, and the structural peace of mind associated with brand-new builds.
- Desirable Location and Parking
Situated in the 92129 zip code, the property includes a highly coveted attached two-car garage and a private patio, providing both convenience and outdoor living space.
CONSRISKS & DEFICIENCIES
- Restrictive Eligibility Requirements
The Deed Restricted Affordable Home Program imposes strict limitations, including a minimum household size of four and specific income caps, which narrows the pool of potential buyers.
- Atypical Layout and Reduced Amenities
The floor plan lacks a bathroom on the second floor and excludes standard kitchen features such as a central island and microwave, which may impact daily functionality and future resale appeal.
About 12822 Encantadora #35 35
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2026
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $493.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,654 | 1,427.776 |
| Lot Size | - | 93,450.361 |
| Price | $431.0K | $807.7K |
| Price per sq ft | $261 | $599 |
| Built year | 2026 | 1993 |
| HOA | $493.0 | $445 |
| Days on market | 156 | 47 |
Pricing History
Listed for Sale
May 22, 2026
$431,033
Initial Listing