1508 Circa Del Lago B107, San Marcos, California 92078, San Marcos, 92078 - 2 bed, 2 bath

1508 Circa Del Lago B107, San Marcos, California 92078 home-pic-0
ACTIVE$295,000
1508 Circa Del Lago B107, San Marcos, California 92078
2Beds
2Baths
962Sqft
50,529.602Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive All-Inclusive Services: The monthly HOA fee covers a comprehensive suite of services including daily meal credits, transportation, bi-weekly housekeeping, linen service, water, trash, concierge, and scheduled activities, providing a truly worry-free lifestyle.
Top Cons:
Very High Monthly HOA Fees: The $3,033.0 monthly HOA fee is exceptionally high, which, despite the included services, could be a significant financial barrier for many potential buyers.

Compared to the nearby listings

Price:$295.0K vs avg $680.0K ($-385,000)14%
Size:962 sqft vs avg 1,222 sqft28%
Price/sqft:$307 vs avg $5178%

More Insights

Built in 1987 (38 years old).
Condition: Despite being built in 1987, the property has undergone an extensive and recent renovation. The listing explicitly states 'new flooring and paint, vinyl slider and windows, appliances and A/C'. The images confirm these updates, showcasing a modern kitchen with new stainless steel appliances, updated white cabinets, and granite-look countertops. The bathroom also appears recently updated with a new vanity, fixtures, and a clean tub/shower combo. The overall condition is virtually new, meeting current quality standards with no deferred maintenance, aligning with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1987
Close
-
List price
$295K
Original List price
$325K
Price/Sqft
$307
HOA
$3,033
Days on market
-
Sold On
-
MLS number
NDP2508422
Home ConditionExcellent
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

Luxurious independent retirement living at it's best! First floor location with new flooring and paint, vinyl slider and windows, appliances and A/C. Chateau Lake San Marcos is a must see if you're looking for exceptional services, profession/caring staff, beautifully maintained grounds and gourmet meal dining. Monthly HOA fee is for one resident and includes: one meal credit per day, all inclusive transportation, biweekly housekeeping, linen service, water, trash, free scheduled transportation, concierge assistance, onsite exercise classes, fitness center, putting green, and access to all Lake San Marcos Community Association clubs, events and activities. Participate in coordinated activities and the resident controlled homeowners association as you want. Complex is gated and has nighttime security. Other community amenities include: dog park, lap pool/spa (heated year round), large covered patio area for gatherings, library, computers with internet access and fireplace lounge in the entry to the recently remodeled community center. Events are published monthly or you can tune into the Chateau's own cable television station. Come visit CLSM if you're looking for a great place to live, wonderful neighbors, fun activities in a well maintained, beautiful community. Come and see for yourself what Lake San Marcos has to offer - several local restaurants within walking distance, two golf courses and a walking path along the lake.

Condition Rating
Excellent

Despite being built in 1987, the property has undergone an extensive and recent renovation. The listing explicitly states 'new flooring and paint, vinyl slider and windows, appliances and A/C'. The images confirm these updates, showcasing a modern kitchen with new stainless steel appliances, updated white cabinets, and granite-look countertops. The bathroom also appears recently updated with a new vanity, fixtures, and a clean tub/shower combo. The overall condition is virtually new, meeting current quality standards with no deferred maintenance, aligning with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Extensive All-Inclusive Services: The monthly HOA fee covers a comprehensive suite of services including daily meal credits, transportation, bi-weekly housekeeping, linen service, water, trash, concierge, and scheduled activities, providing a truly worry-free lifestyle.
Recently Updated Interior: The unit boasts new flooring, paint, vinyl slider and windows, appliances, and A/C, offering a modern and comfortable living environment for immediate occupancy.
Rich Community Amenities: Residents have access to a gated complex with nighttime security, a dog park, heated lap pool/spa, library, fitness center, putting green, and various social clubs and events, fostering an active community.
Prime Location & Accessibility: Located in Lake San Marcos, the property is within walking distance to local restaurants, offers access to two golf courses, and features a walking path along the lake, promoting an engaging lifestyle.
Significant Price Reduction: The property has undergone a notable price reduction from $325,000 to $295,000, potentially presenting an attractive value proposition for interested buyers.

Cons

Very High Monthly HOA Fees: The $3,033.0 monthly HOA fee is exceptionally high, which, despite the included services, could be a significant financial barrier for many potential buyers.
Age-Restricted Community: As an independent retirement living community, the property's target market is inherently limited to seniors, which can restrict the pool of potential buyers and impact resale liquidity.
Limited Personal Autonomy: While services are extensive, some buyers may prefer greater control over their daily routines, meal choices, and home maintenance, which might be less flexible within such a comprehensive community structure.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state