
San Marcos, California 92069
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $1,029,546 Fair Market Value by 3%. This valuation gap offers $31,546 in Instant Equity. Featuring owned solar, battery storage, and a private in-ground pool, the home has a Condition Rating of 4, requiring cosmetic updates to reach its full potential. Located 0.2 miles from Paloma Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1332 Corte Lira Subject 4 bd · 3 ba · 2,250 sqft · $458 | $998,000* List Price | 4 | 3 | 2,250 | $458 | - |
A 1049 Camino Del Sol Sold 5 bd · 3 ba · 2,441 sqft · $455 · 0.4 mi | $1,110,000 | 5 | 3 | 2,441 | $455 | 0.4 mi |
B 788 Avenida Abeja Active 4 bd · 3 ba · 2,873 sqft · $417 · 0.3 mi | $1,199,000 List Price | 4 | 3 | 2,873 | $417 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the home features original 90s interior finishes, including dated oak cabinetry and carpeted bathrooms, which require modernization. However, the property is elevated by significant recent system upgrades including a newer A/C, new water heater, newer plumbing, and owned solar with battery storage, keeping it out of the 'poor' category despite its age.
The property is equipped with high-value sustainable features including owned solar panels, a battery storage system, a dedicated EV circuit, and newer essential systems such as the A/C, water heater, and plumbing.
Situated on a generous 0.36-acre cul-de-sac lot, the home offers a private in-ground pool and significant outdoor space, providing a rare level of privacy and recreational potential for the neighborhood.
The home is exceptionally well-located just 0.2 miles from the highly-rated Paloma Elementary School and within close proximity to Palomar College, shopping, and dining, ensuring strong appeal for families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1548, other record lot size in square feet = 15488.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1548, living area = 2250.
Marketed as an 'equity opportunity' that needs a 'personal touch,' the property likely requires significant interior cosmetic updates and modernization to reach its full market potential.
Amazing Equity Opportunity in San Marcos! Situated on a quiet cul-de-sac, this spacious 4-bedroom, 2.5-bathroom home offers approximately 2,250 sq. ft. of living space on a generous 0.36-acre lot. Featuring a private in-ground pool and plenty of potential to add your own personal touch, this property is ideal for buyers looking to build equity and create a home that reflects their style. Energy-efficient features include owned solar, a battery storage system, and a dedicated EV circuit with a regular wall outlet-. Additional improvements include a newer A/C unit, new water heater, newer plumbing and newer garage doors. Conveniently located near Paloma Elementary School and Palomar College, with easy access to shopping, dining, and other local amenities. Bring your vision and make this San Marcos property your own!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,250 | 2,349.052 |
| Lot Size | 15,488 | 6,943.049 |
| Price | $998.0K | $1.21M |
| Price per sq ft | $444 | $553 |
| Built year | 1992 | 1999 |
| HOA | $0 | $168 |
| Days on market | 10 | 45 |
Oct 15, 2026
$998,000
Initial Listing
Apr 30, 2001
$325,000
Public Record