
Escondido, California 92029
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $499,777—positioned well below the $569,685 Fair Market Value by 12%. This valuation gap offers $69,908 in Instant Equity for the buyer. Featuring a 2024 Renovation with a Condition Rating of 2, the home includes a spa-like primary bath, luxury vinyl plank flooring, and smart HVAC systems. With community pool access and a prime location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1564 Tanglewood Ln. 18 Subject | $499,777* List Price | 2 | 2 | 1,039 | $548 | - |
A 1564 Tanglewood Ln 19 Sold | $515,000 | 2 | 2 | 1,039 | $496 | 0.0 mi |
B 1564 Tanglewood Ln. 18 Active | $499,777 List Price | 2 | 2 | 1,039 | $481 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent extensive renovations in 2024 and 2022, including fully remodeled bathrooms and kitchen. With new HVAC systems, a commercial hot water heater, energy-efficient windows, and modern luxury vinyl plank flooring, it meets the criteria for a recent high-end renovation with no maintenance required.
The property features comprehensive 2022 and 2024 upgrades, including a remodeled kitchen, spa-like bathrooms with a custom walk-in shower, luxury vinyl plank flooring, and energy-efficient windows, offering a turnkey experience.
The entry-level unit boasts a desirable split-bedroom layout for maximum privacy, complemented by custom closet organizers, built-in dressers, and a dedicated entertainment center that optimizes the 1,039 square feet of living space.
Beyond aesthetics, the home includes high-value infrastructure such as an HVAC system with Phenomenal Aire purification, a commercial-grade water heater, and smart lighting, providing enhanced comfort and air quality.
At $576 per month, the association dues are relatively high, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
Built in 1986, the condominium complex may lack the modern architectural appeal of newer builds and carries the typical density and shared-wall considerations inherent to older multi-family developments.
Beautifully remodeled and move-in ready, this entry-level 2BR/2BA condo offers an open floor plan and split-bedroom layout for added privacy. In 2024, the home underwent extensive renovations, including fully remodeled bathrooms. The primary bath features a spa-like custom extra-large walk-in shower with built-in bench seat. Additional upgrades include extra-wide luxury vinyl plank flooring, custom closet organizers, built-in dressers in both bedrooms, and a custom entertainment/organization center in the living room. Smart living room lighting, HVAC with Phenomenal Aire cleaner and invigorating ion air, Comercial hotwater heater and new appliances that stay add even more value. In 2022, the home was enhanced with a kitchen remodel, recessed lighting, and energy-efficient windows. Community pool. Convenient location near I-15, shopping, dining, and entertainment. HOA covers: Water, Sewer, Trash, Pool, Spa, Common area landscape
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,039 | 1,039 | 50% |
| Lot Size | - | - | 50% |
| Price | $499.8K | $515.0K | 40% |
| Price per sq ft | $481 | $496 | 40% |
| Built year | 1986 | 1985 | 60% |
| HOA | $576.0 | $576 | 50% |
| Days on market | 24 | 185 | 20% |
May 21, 2026
$499,777
Initial Listing
Dec 8, 2020
$385,000
Public Record
Sep 28, 2005
$310,500
Public Record