
Escondido, California 92026
This property presents a High-Potential Investment Opportunity with a List Price of $929,000—positioned well below the $930,168 Fair Market Value by 0.13%. Featuring a 5-bedroom layout on a quiet cul-de-sac, the home offers significant value-add potential for those willing to address its Fair Condition Rating. With the added flexibility of 6.5% seller financing, this asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through targeted renovations in the Kent Ranch community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 Gilmore Place Subject | $899,000* List Price | 5 | 3 | 2,329 | $389 | - |
A 1843 Centennial Way Active | $969,000 List Price | 4 | 2 | 1,997 | $485 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 31 years old (built 1993), meeting the >30y criteria for 'poor'. The listing description explicitly identifies it as a value-add opportunity needing a modern kitchen, refreshed bathrooms, and updated flooring, indicating it requires a full rehab to meet current market standards.
The property presents a significant opportunity to build equity through cosmetic updates and modern renovations, as nearby upgraded homes in the Kent Ranch community command notable price premiums.
The availability of seller financing at a 6.5% interest rate offers a rare and flexible path to ownership, providing a competitive alternative to traditional lending in the current market.
With five bedrooms and over 2,300 square feet of living space on a quiet cul-de-sac corner lot, the floor plan is exceptionally well-suited for large families, home offices, or multigenerational living.
The home is in need of comprehensive updates to flooring, lighting, and finishes, which will require additional capital investment from the buyer to reach its full market potential.
The assigned public schools for this address currently hold mid-range ratings, which may be a drawback for families specifically seeking top-tier educational performance.
Located on a quiet cul-de-sac corner lot in the desirable Kent Ranch community of North Escondido, 1381 Gilmore Place offers approximately 2,329 square feet of living space, 5 bedrooms, and an excellent opportunity to create long-term value. The home features soaring ceilings, abundant natural light, formal living and dining areas, an inviting family room connected to the kitchen, and a spacious primary suite with dual vanities, soaking tub, separate shower, and oversized closet. Rather than paying a premium for a remodel designed to someone else’s taste, this property allows buyers to update over time according to their own style, budget, and priorities. The floor plan, size, lot position, and established neighborhood provide a strong foundation for future improvements such as a modern kitchen, updated flooring, contemporary lighting, refreshed bathrooms, new finishes, and enhanced outdoor living spaces. Nearby renovated homes have sold at notable premiums, creating a compelling opportunity for buyers who want to capture future equity themselves. Qualified buyers may also benefit from available seller financing at 6.5%, offering a rare and flexible path to ownership in today’s market. With 5 bedrooms ideal for family, guests, office space, or multigenerational living, this home combines location, size, financing flexibility, and value-add potential in one of North Escondido’s most appealing neighborhoods. Schedule a private tour and see the possibilities firsthand.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,329 | 1,963.5 | 64% |
| Lot Size | 6,679 | 7,211.5 | 44% |
| Price | $899.0K | $887.0K | 52% |
| Price per sq ft | $386 | $475 | 15% |
| Built year | 1993 | 1989 | 60% |
| HOA | $109.0 | $38 | 53% |
| Days on market | 10 | 143 | 5% |
Jun 5, 2026
$899,000
$929,000
-3% Price Drop
Initial Listing
May 27, 2026
$929,000
Initial Listing
Dec 29, 2022
$695,000
Public Record
Mar 11, 2010
$385,000
Public Record
Apr 2, 2009
$335,000
Public Record
Jul 27, 2005
$279,000
Public Record
May 15, 2003
$408,000
Public Record
Jan 28, 1994
$240,000
Public Record