1501 Corte Capriana, Escondido, California 92026, Escondido, 92026 - 4 bed, 3 bath
ACTIVE$875,000
1501 Corte Capriana, Escondido, California 92026
4Beds
3Baths
1,948Sqft
Lot
Price Vs. Estimate
The estimated value ($773,472.095) is $101,527.905 (11%) lower than the list price ($875,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in a desirable North Escondido neighborhood, offering convenient access to schools (including a very close elementary school), shopping, dining, and major freeways.
Top Cons:
Extensive Renovation Required: The property 'needs significant repairs and updates,' indicating a substantial financial and time investment will be necessary for the buyer.
Compared to the nearby listings
Price:$875.0K vs avg $899.0K ($-24,000)47%
Size:1,948 sqft vs avg 2,055 sqft44%
Price/sqft:$449 vs avg $46944%
More Insights
Built in 1994 (31 years old).
Condition: Built in 1994, this property is 30 years old and explicitly described as a 'fixer-upper' needing 'significant repairs and updates.' The images confirm this, showcasing a heavily outdated kitchen with original-era cabinets, tile countertops, and old appliances and lighting. The flooring consists of worn, dated carpets and old tile throughout. All visible light fixtures are also outdated. While the home appears functional, it has not undergone any major renovations since construction and requires substantial rehabilitation to meet modern standards and comfort, aligning with the 'Poor' condition criteria.
Year Built
1994
Close
-
List price
$875K
Original List price
$949K
Price/Sqft
$449
HOA
-
Days on market
-
Sold On
-
MLS number
250039149SD
Home ConditionPoor
Features
Patio
View-
About this home
First time on the market.This 4-bedroom, 3-bathroom home sits on a spacious .25-acre lot in a desirable Escondido neighborhood. With only one owner since it was built, this property is a true blank canvas ready for your vision. The home needs significant repairs and updates, making it the perfect fixer-upper opportunity for investors, flippers, or buyers looking to create their dream home. The generous floor plan offers plenty of natural light and potential for modern upgrades. Enjoy a private lot with room for outdoor living, gardening, or entertaining. Conveniently located near schools, shopping, dining, and freeway access. Don’t miss this rare chance to own a property with so much potential in North County — opportunities like this are hard to find!
Nearby schools
3/10
Rock Springs Elementary School
Public,•K-5•0.4mi
4/10
Rincon Middle School
Public,•6-8•2.3mi
7/10
Quantum Academy
Public,•4-8•4.4mi
5/10
Escondido High School
Public,•9-12•1.4mi
Condition Rating
Poor
Built in 1994, this property is 30 years old and explicitly described as a 'fixer-upper' needing 'significant repairs and updates.' The images confirm this, showcasing a heavily outdated kitchen with original-era cabinets, tile countertops, and old appliances and lighting. The flooring consists of worn, dated carpets and old tile throughout. All visible light fixtures are also outdated. While the home appears functional, it has not undergone any major renovations since construction and requires substantial rehabilitation to meet modern standards and comfort, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Prime Location: Situated in a desirable North Escondido neighborhood, offering convenient access to schools (including a very close elementary school), shopping, dining, and major freeways.
Significant Value-Add Potential: Described as a 'blank canvas' and 'perfect fixer-upper opportunity,' this property offers substantial upside for investors or buyers looking to customize and build equity.
Generous Lot Size: A spacious 0.25-acre private lot provides ample room for outdoor living, gardening, or entertaining, enhancing lifestyle possibilities.
Functional Layout: The home features a generous 4-bedroom, 3-bathroom floor plan with plenty of natural light, offering a solid foundation for modern upgrades.
First-Time Market Offering: Being on the market for the first time with a single owner presents a unique opportunity for buyers seeking a property with untouched potential and history.
Cons
Extensive Renovation Required: The property 'needs significant repairs and updates,' indicating a substantial financial and time investment will be necessary for the buyer.
Potential Overpricing: The current list price of $875,000 is considerably higher than the estimated property value of $719,637, suggesting it may be overpriced relative to its current condition.
Implied As-Is Sale: The description as a 'fixer-upper' strongly implies the property is being sold in its current condition, placing the full burden of all necessary repairs and upgrades on the buyer.