1401 El Norte Parkway Spc 282, San Marcos, California 92069, San Marcos, 92069 - 2 bed, 2 bath
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San Marcos, California 92069
This 2025 New Construction Home is a Strong Value Opportunity, listed at $544,800—positioned above the $510,704 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating with zero maintenance, featuring a modern kitchen, vaulted ceilings, and a master suite. Located in the 55+ Madrid Manor community, residents enjoy resort-style amenities including a pool, tennis courts, and a clubhouse. With no land lease, this is a secure, turnkey lifestyle choice ideal for Active Retirees or Owner-Occupants seeking a premium, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 El Norte Parkway Spc 282 Subject | $544,800* List Price | 2 | 2 | 1,550 | $329 | - |
A 1401 El Norte #64 Parkway Spc 64 Sold | $498,000 | 2 | 2 | 1,622 | $307 | 0.1 mi |
B 1401 El Norte Parkway Spc 174 Sold | $457,000 | 2 | 3 | 1,680 | $272 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction in mint condition. The property features modern kitchen and bath fixtures, a new HVAC system visible in photos, and contemporary flooring and paint, requiring zero maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1992434, living area = 1550.
A significant financial advantage of this property is the absence of a land lease or space rent, offering the buyer full land ownership and lower monthly carrying costs compared to typical manufactured home communities.
As a 2025 build, this move-in-ready home features modern aesthetics, vaulted ceilings, and energy-efficient systems, providing the peace of mind that comes with zero deferred maintenance.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1992434, other record lot size in square feet = 1992576. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1440.
Being situated in a 55+ community strictly limits the potential buyer pool to a specific age bracket, which can impact the speed of resale and excludes younger families.
The listing indicates no specific views, which may be a disadvantage for buyers prioritizing the hillside or territorial vistas often found in the San Marcos area.
New, move-in-ready home for sale in the sought-after 55+ Madrid Manor community. Notably, this property features no land lease or rent. The home offers a spacious kitchen with a center island, vaulted ceilings with natural lighting, and a wide hallway leading to the bedrooms. The master suite includes a walk-in closet and a walk-in shower. Additionally, there is an optional room suitable for a den, office, or craft space, and an extra-long carport ideal for outdoor entertaining. Madrid Manor is conveniently located near I-15 and various shopping centers. Residents enjoy a wide range of amenities, including: - A large clubhouse with a stage and dining area. - Pool, spa, and exercise/aerobics rooms. - Library, card room, and a pool room with three tables. - Tennis/Pickleball courts, shuffleboard, and mini-golf. - A dance studio and a secondary clubhouse for meetings. - Landscaped hillside walking paths.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,550 | 2,311.5 |
| Lot Size | 1,992,434.375 | 6,534 |
| Price | $544.8K | $1.19M |
| Price per sq ft | $351 | $556 |
| Built year | 2025 | 2002 |
| HOA | $266.0 | $148 |
| Days on market | 23 | 45 |
Jun 29, 2026
$544,800
Initial Listing
Oct 3, 2024
$164,500
Public Record
Nov 23, 1998
$50,000
Public Record