
San Marcos, California 92078
This Resort-Style 55+ Condominium represents a High-Potential Investment Opportunity, listed at $249,000—positioned above the $213,325 Fair Market Value. While the list price exceeds the current valuation, the property offers a Condition Rating of 3 with recent cosmetic updates, including new flooring and a refreshed bathroom. Residents benefit from an all-inclusive lifestyle with fine dining, housekeeping, and fitness amenities. This unit is an ideal acquisition for Retirees or Downsizing Seniors seeking a turnkey, low-maintenance living environment in Lake San Marcos.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1616 Circa Del Lago C# 108 Subject 1 bd · 1 ba · 660 sqft · $323 | $249,000* List Price | 1 | 1 | 660 | $323 | - |
A 1560 Circa Del Lago D201 Sold 1 bd · 1 ba · 660 sqft · $318 · 0.1 mi | $210,000 | 1 | 1 | 660 | $318 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986 but features recent cosmetic updates including newer wood flooring, paint, and a refreshed bathroom vanity and tile. The unit is well-maintained and move-in ready, though the kitchen appliances and cabinetry appear functional but dated, fitting the 5-15 year renovation window.
Residents benefit from an all-inclusive lifestyle featuring fine dining, housekeeping, transportation, and access to the Lake and Lodge membership, offering unparalleled convenience for a 55+ community.
The unit is move-in ready with modern upgrades including newer wood flooring, fresh paint, and a renovated bathroom, reducing the need for immediate post-purchase capital expenditure.
As a ground-floor unit with a large private patio, the property offers excellent accessibility and desirable outdoor living space, which is highly sought after in senior living environments.
The monthly association fee of $2,705 is significantly higher than average, which could impact the overall affordability and pool of potential buyers despite the services included.
At just 660 square feet, the one-bedroom layout offers limited interior space, which may be a challenge for residents looking to downsize from larger homes while maintaining significant belongings.
WELCOME HOME TO -- CHATEAU LAKE SAN MARCOS - Enjoy the lifestyle you have been searching for a long time --- NOT A CARE IN THE WORLD! Chateau Lake San Marcos is a Resort-Style 55+ Retirement Community in San Marcos, CA. This unique,1 bedroom/1 bath ground floor unit located in non-profit resident-owned retirement community, Chateau Lake San Marcos. Unit has large patio, newer paint, wood flooring, newer vanity and bathroom tile. Walk in closet. Move in ready. Nestled in the small walkable community of Lake San Marcos. Residents of Chateau Lake San Marcos enjoy the following services: fine dining, professional onsite management team and staff, beautifully maintained manicured grounds, dynamic activities calendar, gated private community, local transportation, self-service laundry room on second floor of building, gracious concierge assistance, expert housekeeping and linen service, onsite maintenance specialists, pool, fitness center, library, putting green and Lake San Marcos "Lake and Lodge" membership. Residents own their condos and pay a monthly HOA fee that covers dining, housekeeping, transportation, utilities and extensive amenities such as fitness centers, pools, pickleball and tennis courts.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 660 | 1,287.956 |
| Lot Size | - | 157,123.227 |
| Price | $249.0K | $693.6K |
| Price per sq ft | $377 | $498 |
| Built year | 1986 | 2006 |
| HOA | $2705.0 | $434 |
| Days on market | 19 | 58 |
Oct 6, 2026
$249,000
Initial Listing
Aug 12, 2020
$137,000
Public Record
Jul 6, 2015
$95,000
Public Record
Jun 30, 2014
$85,000
Public Record
Sep 20, 2011
$40,000
Public Record