
Escondido, California 92026
This Turnkey Single-Story Estate represents a High-Potential Investment Opportunity, currently listed at $1,299,990. While priced above the $1,125,194 Fair Market Value, the property offers significant long-term value through its 2022 down-to-the-studs rebuild and Income-Generating Casita. Featuring a chef's kitchen, owned solar system, and panoramic hill views, the home maintains an Excellent Condition Rating. With nearly half an acre of land and RV parking, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living and rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1889 Rockhoff Rd. Subject | $1,199,999* List Price | 4 | 3 | 2,041 | $536 | - |
A 1629 Carol Lee Lane Sold | $889,000 | 3 | 2 | 1,525 | $583 | 0.5 mi |
B 1646 Carol Lee Ln Sold | $870,000 | 3 | 3 | 1,681 | $518 | 0.4 mi |
C 1989 Rockhoff Road Active | $1,349,000 List Price | 4 | 3 | 2,757 | $489 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete down-to-the-studs rebuild in 2022, placing all major systems including HVAC, electrical, plumbing, and the roof within the <5-year renovation window. The interior features a modern chef's kitchen with a waterfall island and high-end appliances, fully remodeled bathrooms with walk-in showers, and updated Milgard windows, representing mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20482, living area = 2041.
The property underwent a complete down-to-the-studs reconstruction in 2022, featuring all-new major systems including a new roof, HVAC, plumbing, electrical, and a fully owned 18-panel solar system, offering the peace of mind of a new construction home.
A private studio casita with a full kitchen and bathroom provides excellent versatility for multigenerational living or rental income, having previously commanded approximately $1,600 per month.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2041, other record living area = 1841. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The listing has undergone two price reductions within a very short timeframe, which may indicate that the initial asking price was aggressive relative to current market demand in the Escondido area.
At a list price of $1.299M for 2,041 square feet, the property sits at a high price-per-square-foot for the 92026 zip code, which may challenge appraisals or buyers looking for more interior living space at this price point.
Price improvement! Completely rebuilt down to the studs in 2022, this beautifully updated Spanish-style single-story home sits on a private, nearly half-acre usable lot in Northwest Escondido. Featuring a 3 bedroom, 2 bathroom main residence plus a studio casita/ADU with its own full kitchen, living area, closet, full bathroom, and private entrance, the property lives like a 4 bedroom, 3 bathroom home with exceptional flexibility for guests, multigenerational living, rental income, or Airbnb potential. With over $250,000 in renovations and cosmetic improvements, this is far more than a cosmetic flip. Major upgrades include a new roof, updated plumbing and electrical, new subpanels, EV charger capability, Milgard lifetime warranty dual-pane windows, smooth Santa Barbara stucco, new HVAC ducting and venting, new AC condenser, and a fully owned solar system with no electric bill since the solar system was installed in 2023. Inside, you'll find luxury vinyl plank flooring throughout, recessed lighting, ceiling fans, custom closet systems, a Nest thermostat, and Ring security system. All three bathrooms have been extensively remodeled, while the designer kitchen showcases a waterfall island, soft-close cabinetry, full tile backsplash, walnut floating shelves, premium stainless steel appliances, and a professional-style 6-burner range and stainless steel hood. The studio casita/ADU previously generated approximately $1,600 per month in rental income, offering immediate income-producing potential. Outside, enjoy mature palm and jacaranda trees, raised garden beds, fruit trees, a pergola-covered patio, extensive concrete improvements, and a newer plug-and-play hot tub that may convey. The property also offers RV parking, boat parking, trailer parking, and room for 10+ vehicles, a rare feature in North County. The flat, usable lot offers incredible future potential with room for a pool, additional ADU, workshop, garage, sports court, or expanded outdoor living spaces. Seller may be willing to provide credits toward buyer closing costs and/or an interest rate buy-down with an acceptable offer. Conveniently located near the Escondido and San Marcos border with quick access to Interstate 15 and Highway 78, this one-of-a-kind property combines modern upgrades, income potential, energy efficiency, and room to grow on a private lot rarely found in today's market.
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 | 2,041 | 2,028 |
| Lot Size | 20,482 | 10,454.4 |
| Price | $1.20M | $936.5K |
| Price per sq ft | $588 | $486 |
| Built year | 1974 | 1985 |
| HOA | $0 | $225 |
| Days on market | 55 | 46 |
Jul 12, 2026
$1,199,999
$1,249,990
-4% Price Drop
Initial Listing
Jun 27, 2026
$1,249,990
$1,274,990
-2% Price Drop
Initial Listing
Jun 23, 2026
$1,274,990
$1,289,000
-1% Price Drop
Initial Listing
Jun 13, 2026
$1,289,000
$1,289,990
+0% Price Increase
Initial Listing
Jun 5, 2026
$1,289,990
$1,299,990
-1% Price Drop
Initial Listing
Jun 3, 2026
$1,299,990
$1,324,990
-2% Price Drop
Initial Listing
May 31, 2026
$1,324,990
$1,349,990
-2% Price Drop
Initial Listing
May 28, 2026
$1,349,990
Initial Listing
Apr 7, 2022
$823,000
Public Record