1620 Madrone Gln, Escondido, California 92027, Escondido, 92027 - 4 bed, 3 bath
1620 Madrone Gln
Escondido, California 92027
Property Price
SUMMARY
Analysis of 1620 Madrone Gln, Escondido, California 92027 reveals a Prime Investment Opportunity with a current list price of $849,000—significantly undercutting the $879,000 Fair Market Value by 3%. This valuation gap indicates a +$30,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Escondido Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1620 Madrone Gln Subject | $849,000* List Price | 4 | 3 | 1,834 | $479 | - |
A 1509 Rimrock Dr Sold | $905,000 | 4 | 3 | 1,893 | $478 | 0.5 mi |
B 2219 Montemar Sold | $850,000 | 4 | 2 | 1,986 | $428 | 0.9 mi |
C 1326 Daisy St Sold | $862,300 | 4 | 2 | 1,612 | $535 | 0.4 mi |
D 2041 Woodland Gln Pending | $699,999 List Price | 3 | 3 | 1,412 | $496 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1986, the property has undergone extensive recent renovations that bring it up to modern standards. The kitchen is fully updated with white shaker cabinetry, stone countertops, and stainless steel appliances. The bathrooms feature contemporary vanities and fixtures, and the home boasts new flooring, neutral paint, and high-value upgrades including paid solar and a premium water softener system, making it move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Value-Adds
The property includes fully paid solar panels and a premium water softener system, offering significant long-term utility savings and immediate equity for the buyer.
- Versatile Floor Plan
Featuring a main-level bedroom and full bath, the layout provides essential flexibility for multi-generational living, guest accommodations, or a dedicated home office.
- Secure Gated Community
Located within the private, gated Cimarron Community, the home offers enhanced security, privacy, and a sense of exclusivity in the North Escondido area.
CONSRISKS & DEFICIENCIES
- Market Momentum
A recent price reduction from the original listing price indicates the property may be facing challenges with initial valuation or current buyer demand in the local market.
- Property Age
Built in 1986, the home may require more frequent maintenance or additional cosmetic updates to older systems and finishes to compete with newer residential developments.
About 1620 Madrone Gln
Nestled within the private, gated Cimarron Community, this beautiful four-bedroom, three-bath home offers comfort and style. A main-level bedroom and full bath provide flexibility for guests or home office use. The upper-level living room features vaulted ceilings, a fireplace, and a balcony with picturesque city views. The updated kitchen includes stainless steel appliances, a gas range, and a dedicated dining area. The spacious primary suite offers an en-suite bath and sliding doors that open to a peaceful backyard retreat. Includes paid premium water softener system, PAID solar and a direct-access two-car garage complete this exceptional home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 5,798 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230.0 / Month
Neighborhood Insights
Escondido Unified Schools
Conway Elementary School
Grades K-5 • 0.9 mi
Glen View Elementary School
Grades K-5 • 1.0 mi
Rincon Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 1,834 | 1,820 | 51% |
| Lot Size | 5,798 | 7,242 | 20% |
| Price | $849.0K | $845.0K | 50% |
| Price per sq ft | $463 | $476 | 48% |
| Built year | 1986 | 1979 | 55% |
| HOA | $230.0 | $0 | 91% |
| Days on market | 28 | 162 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$849,000
$879,000
-3% Price Drop
Initial Listing
Price Change
Feb 7, 2026
$879,000
Initial Listing
Sold
Aug 19, 2024
$879,000
Public Record
Sold
Oct 16, 2017
$480,000
Public Record
Sold
Mar 30, 2009
$256,000
Public Record
Sold
Aug 24, 1999
$180,000
Public Record