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1475 Mercado, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath

1475 Mercado, Escondido, California 92026 home-pic-0
ACTIVE$699,900$1,623/sqft
Est. Value: $793,952
13%
BelowEstimate
1475 Mercado, Escondido, California 92026
2Beds
2Baths
1,623Sqft
8,989Lot

Price Vs. Estimate

The estimated value ($793,952.04) is $94,052.04 (13%) higher than the list price ($699,900). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8989, living area = 1623.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-12-09. The sold price is $525,000.00.

Compared to the nearby listings

Price:$699.9K vs avg $875.0K ($-175,100)12%
Size:1,623 sqft vs avg 2,043 sqft32%
Price/sqft:$431 vs avg $46136%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, the property has undergone significant recent cosmetic upgrades, including fresh paint, new lighting, new carpet, and a rebuilt deck, making it move-in ready. The kitchen features updated light wood cabinets, stainless steel appliances, and modern countertops. The master bathroom is extensively renovated with a modern double vanity, white countertops, and a glass-enclosed shower. While the core systems' age is noted as a potential weakness, the visible updates are substantial and well-maintained, aligning with a 'Good' condition.
Year Built
1981
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$431
HOA
$248
Days on market
-
Sold On
-
MLS number
NDP2600521
Home ConditionGood
Features
Good View: City Lights, Hills, Neighborhood, Panoramic
Deck
ViewCity Lights,Hills,Neighborhood,Panoramic

About this home

Welcome to this spacious split-level home nestled in the highly desirable community of Country View Estates in northwest Escondido! Featuring 2 bedrooms, 2 full bathrooms, and a generous 1,623 sq. ft. of living space on a corner lot, this residence offers both comfort and versatility. Enjoy the flood of natural light and an unique open floor plan offering stunning panoramic views of surrounding hills and neighborhood lights from multiple vantage points throughout the property. The property features elevated position within the community with vaulted ceilings, large windows and an oversize deck area to relax and enjoy the breezes. Meticulous upgrades throughout the home featuring fresh paint, new lighting, rebuilt deck, new carpet and baseboards. Boasting a two-car attached garage and driveway space with plenty of room for your cars, tools, bikes, and toys. Close proximity to freeways, shopping, dining, beaches, hiking trails and everything the North County lifestyle has to offer. 1475 Mercado Glen is perfect home for those of all ages!

S
Steve Ploetz
Listing Agent

Nearby schools

8/10
Richland Elementary
Public,•K-5•1.4mi
5/10
Reidy Creek Elementary School
Public,•K-5•1.8mi
6/10
Woodland Park Middle School
Public,•6-8•1.2mi
4/10
Rincon Middle School
Public,•6-8•2.0mi
7/10
Quantum Academy
Public,•4-8•4.9mi
5/10
Escondido High School
Public,•9-12•1.9mi
6/10
Mission Hills High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
12/09/25
Sold
$525,000
03/28/08
Sold
$355,000
Condition Rating
Good
Built in 1981, the property has undergone significant recent cosmetic upgrades, including fresh paint, new lighting, new carpet, and a rebuilt deck, making it move-in ready. The kitchen features updated light wood cabinets, stainless steel appliances, and modern countertops. The master bathroom is extensively renovated with a modern double vanity, white countertops, and a glass-enclosed shower. While the core systems' age is noted as a potential weakness, the visible updates are substantial and well-maintained, aligning with a 'Good' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8989, living area = 1623.
Panoramic Views: The property offers stunning panoramic views of surrounding hills and neighborhood lights from multiple vantage points, enhanced by an elevated position and large windows.
Recent Meticulous Upgrades: The home boasts meticulous recent upgrades including fresh paint, new lighting, a rebuilt deck, new carpet, and baseboards, ensuring a move-in ready condition.
Desirable Location & Accessibility: Nestled in the highly desirable Country View Estates, offering close proximity to freeways, shopping, dining, beaches, and hiking trails, embodying the North County lifestyle.
Spacious & Bright Interior: A generous 1,623 sq. ft. split-level layout with vaulted ceilings, large windows, and an open floor plan, providing abundant natural light and a sense of spaciousness.
Ample Parking & Corner Lot: Benefits from a corner lot position, a two-car attached garage, and additional driveway space, offering ample parking and storage for vehicles and recreational items.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-12-09. The sold price is $525,000.00.
Limited Bedroom Count: With only 2 bedrooms, the property may not meet the needs of larger families or buyers requiring additional rooms for guests or home offices.
Age of Property & Potential System Updates: Built in 1981, the home's age suggests potential for older core systems (e.g., plumbing, electrical, HVAC) that may require future updates, despite recent cosmetic renovations.
Monthly Association Fee: A monthly association fee of $248 adds to the ongoing cost of ownership, which could be a consideration for budget-conscious buyers.
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