
Escondido, California 92029
This Spacious Multi-Generational Home represents a Prime Investment Opportunity, listed at $1,395,000—positioned well below the $1,428,999 Fair Market Value by 2%. This valuation gap offers $33,999 in Instant Equity for the buyer. With a Condition Rating of 3, the property features modern luxury vinyl plank flooring and a functional layout with significant ADU potential. Boasting a 0.46-acre lot, private pool and spa, and mountain views, this home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1654 Candleight Ave Subject | $1,249,000* List Price | 4 | 3 | 2,597 | $506 | - |
A 1602 Towell Lane Sold | $1,140,000 | 5 | 3 | 2,748 | $415 | 0.1 mi |
B 2071 Winamar Sold | $1,399,000 | 4 | 3 | 2,816 | $497 | 0.9 mi |
C 1941 Estancia Place Sold | $1,331,000 | 4 | 4 | 2,945 | $452 | 0.7 mi |
D 1391 Amanda Glen N Sold | $1,580,000 | 4 | 4 | 3,399 | $465 | 0.3 mi |
E 2010 Palsero Ave Sold | $1,043,000 | 4 | 3 | 2,435 | $428 | 0.5 mi |
F 2026 Palsero Ave Pending | $1,199,000 List Price | 4 | 3 | 2,363 | $507 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1980, the home is well-maintained and move-in ready. It features recent cosmetic updates including luxury vinyl plank flooring throughout and stainless steel appliances. While the kitchen and bathroom cabinetry are dated (likely 15-25 years old), the systems appear functional and the overall condition is clean with no immediate repairs required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19807, living area = 2597.
The single-story layout features a flexible floor plan with significant ADU potential and four bedrooms, making it ideal for extended family living or those seeking rental income opportunities.
Situated on a rare 0.46-acre lot with no HOA, the property offers a private wooded setting complete with a fenced pool, spa, and dedicated oversized parking for both an RV and a boat.
Built in 1980, the home may require additional capital investment to update original systems or older cosmetic features to align with modern luxury standards.
At a list price of $1,395,000, the property is positioned at the higher end of the local market, which may limit the pool of buyers despite its unique lot size and amenities.
This charming single-story 4 bedroom, 3 bathroom home offers 2,597 sq ft on a rare 0.46-acre lot in peaceful Southwest Escondido with no HOA. Strong curb appeal and mature landscaping welcome you to this flexible multi-generational floor plan with excellent ADU potential, making it ideal for extended family living and multi generational homes in North County San Diego. Oversized RV parking and boat parking add versatility to this single story home with pool and large lot. The private backyard features a separately fenced pool and spa, perfect for relaxation and entertaining in a wooded setting. Inside, the single-level floor plan delivers excellent flow, generously sized rooms, luxury vinyl plank flooring throughout, and attached garage storage. Minutes from freeways, shopping, and Del Lago Academy, this Escondido single story home with ADU potential offers privacy, flexibility, and room to grow in a quiet yet convenient Southwest Escondido location. Seller may consider 4.75% for the first year thru seller incentive 2-1 buy down with preferred lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,597 | 2,028 |
| Lot Size | 19,807 | 10,454.4 |
| Price | $1.25M | $936.5K |
| Price per sq ft | $481 | $486 |
| Built year | 1980 | 1985 |
| HOA | $0 | $225 |
| Days on market | 50 | 46 |
Jul 17, 2026
$1,249,000
$1,349,000
-7% Price Drop
Initial Listing
Jun 29, 2026
$1,349,000
$1,395,000
-3% Price Drop
Initial Listing
Jun 2, 2026
$1,395,000
Initial Listing
Apr 13, 2017
$44,000
Public Record
Mar 3, 1998
$250,000
Public Record