1298 Rue Saint Martin, San Marcos, California 92078, San Marcos, 92078 - 2 bed, 2 bath
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1298 Rue Saint Martin
San Marcos, California 92078
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,542Sq Ft
0Lot Size
Property Price
LIST PRICE$919,900
EST. MARKET VALUE
$859,797
6% AboveMARKET VALUE
SUMMARY
This Single-Level Condominium represents a Strong Value Opportunity, listed at $919,900—positioned well below the $859,797 Fair Market Value by -6%. Featuring a Condition Rating of 4, the home offers a versatile floor plan with a bonus den and a private patio with hillside views. While the interior reflects a dated aesthetic, the property’s accessibility and resort-style community amenities provide significant long-term appeal. This is an ideal acquisition for Owner-Occupants seeking a customizable residence or first-time buyers prioritizing community lifestyle.
Estimated Market Value
$859,797
Based on Realkey algorithm analyzing recent comparable sales in San Marcos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1298 Rue Saint Martin Subject 2 bd · 2 ba · 1,542 sqft · $558 | $919,900* List Price | 2 | 2 | 1,542 | $558 | - |
A 1260 Via Portofino Sold 2 bd · 2 ba · 1,542 sqft · $632 · 0.1 mi | $975,000 | 2 | 2 | 1,542 | $632 | 0.1 mi |
B 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 |
C 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 |
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 · 0.5 mi | $675,000 | 3 | 2 | 1,440 | $469 | 0.5 mi |
F 1242 Rue Saint Moritz Active 2 bd · 2 ba · 1,443 sqft · $658 · 0.1 mi | $949,000 List Price | 2 | 2 | 1,443 | $658 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is exceptionally well-maintained but remains dated. The kitchen features older oak-style cabinetry and white appliances consistent with a 15-30 year renovation cycle. While systems like the HVAC and windows have been updated, the interior finishes require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Level Accessibility
This desirable end-unit features a rare single-story layout with no steps or stairs, offering maximum accessibility and enhanced privacy with abundant natural light.
- Resort-Style Amenities
Located in The Colony at Lake San Marcos, residents have access to premier amenities including two golf courses, tennis courts, clubhouses, and various water sports.
- Versatile Living Space
The floor plan includes a spacious bonus room that can function as a den or home office, with the flexibility to be converted back into a third bedroom.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $517 per month represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
- Condominium Constraints
As a condominium, the property involves shared walls and community-governed restrictions, which may offer less autonomy than a detached single-family home.
About 1298 Rue Saint Martin
Beautiful home that shows pride of ownership in The "Colony" of beautiful Lake San Marcos, CA. This home combines modern design with everyday comfort, featuring 2 spacious bedrooms (opposite ends of unit), 2 bathrooms, and a bonus room used as a large separate den/office space, which can be converted back into a 3rd bedroom. This is an end unit with privacy and lots of natural light. The perfect single level home - no steps or stairs. Newer windows and sliders, central AC, forced air heating, plantation shutters in bedroom and den, laundry room, and extra storage in the two car garage, make this home perfect for comfort, practicality, and your personal touches. Step outside onto the private patio, where you can enjoy coastal breezes in peace. The Colony community and Lake San Marcos boasts fantastic amenities, include communal pool, clubhouses, tennis courts, two golf courses, dinning options and water sports like canoeing, boating and fishing on the lake. Whether you're hosting guests or enjoying quiet evenings, this condo is designed to suit your needs. Don't miss your chance to make this gem your new haven! Beautiful home that shows pride of ownership in The "Colony" of beautiful Lake San Marcos, CA. This home combines modern design with everyday comfort, featuring 2 spacious bedrooms (opposite ends of unit), 2 bathrooms, and a bonus room used as a large separate den/office space, which can be converted back into a 3rd bedroom, and indoor laundry room. This is an end unit with privacy and lots of natural light. The perfect single level home - no steps or stairs. Newer windows and sliders, central AC, forced air heating, plantation shutters in bedroom and den and extra storage in the two car garage, make this home perfect for comfort, practicality, and your personal touches. Step outside onto the private patio, where you can enjoy coastal breezes in peace. The Colony community and Lake San Marcos boasts fantastic amenities, include communal pool, clubhouses, tennis courts, two golf courses, dinning options and water sports like canoeing, boating and fishing on the lake. Whether you're hosting guests or enjoying quiet evenings, this condo is designed to suit your needs. Don't miss your chance to make this gem your new haven!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $517.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,542 | 1,287.956 |
| Lot Size | - | 157,123.227 |
| Price | $919.9K | $693.6K |
| Price per sq ft | $597 | $498 |
| Built year | 1988 | 2006 |
| HOA | $517.0 | $434 |
| Days on market | 3 | 58 |
Pricing History
Listed for Sale
Oct 22, 2026
$919,900
Initial Listing
Sold
Nov 4, 2014
$500,000
Public Record
Sold
Dec 18, 2002
$360,000
Public Record