
Escondido, California 92026
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,198,000—positioned slightly above the $1,164,848 Fair Market Value. While the price reflects current market stability, the property offers significant long-term upside through its 20,000+ sq ft lot and 4-car garage. With a Good Condition Rating, the home features modern interior updates and a pre-paid solar lease, ensuring low carrying costs. The expansive, unfinished backyard provides a blank canvas for custom enhancements. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2030 Mercy Pl Subject | $1,198,000* List Price | 4 | 3 | 2,630 | $443 | - |
A 2001 Simpatico Place Sold | $1,174,685 | 5 | 3 | 2,838 | $414 | 0.2 mi |
B 2381 Douglaston Glen Sold | $1,050,000 | 4 | 4 | 2,933 | $358 | 0.6 mi |
C 1352 Baumgartner Way Sold | $1,299,000 | 3 | 3 | 2,641 | $492 | 0.2 mi |
D 1361 Gilmore Place Sold | $935,000 | 4 | 3 | 2,251 | $415 | 0.4 mi |
E 1259 Mcgeary Road Sold | $1,298,765 | 3 | 3 | 2,325 | $559 | 0.1 mi |
F 1337 Baumgartner Way Sold | $1,200,000 | 4 | 4 | 3,012 | $398 | 0.2 mi |
G 2023 Meadow Vista Place Sold | $1,235,000 | 5 | 4 | 3,061 | $403 | 0.3 mi |
H 350 Lytham Glen Pending | $1,219,000 List Price | 4 | 4 | 2,933 | $416 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (21 years old), the home is exceptionally well-maintained and move-in ready. It features modern interior updates including wide-plank flooring and fresh neutral paint that counteract its chronological age. While a portion of the backyard remains unfinished, the presence of solar and the updated interior aesthetics align with the 'Good' criteria for functional, renovated spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20015, living area = 2630.
The property features a rare, flat 20,000+ sq ft lot on a quiet cul-de-sac, providing significant usable space for an ADU, pool, or custom outdoor entertaining area.
With no HOA fees, no Mello Roos, and a pre-paid solar lease, this home offers a highly competitive monthly ownership cost compared to newer developments in Escondido.
A large portion of the backyard remains undeveloped, requiring the buyer to commit additional capital and time to complete the landscaping and hardscaping.
Built in 2003, the home may require cosmetic modernizations to the interior to align with the contemporary aesthetic preferences of today's luxury buyers.
Tucked in a quiet cul-de-sac, this outstanding single level home features a flat, usable 20,000+ sq ft lot, two large main living spaces, a sizable primary suite w/ fireplace and walk-in closet, a huge 4 car garage, and solar (pre-paid lease) to keep utilities in check. A portion of the back yard has been finished with a quality play structure & artificial turf, while the rest of the back yard is waiting for you to create your dream space. No HOA or Mello Roos for this 2003 built home. The large lot includes a huge driveway w/ lots of space for extra vehicles, a large grass area out front for kids/pets to roam, and space out back for whatever you can dream up. Come see in person to fully appreciate.
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 | 2,630 | 2,028 |
| Lot Size | 20,015 | 10,454.4 |
| Price | $1.20M | $936.5K |
| Price per sq ft | $456 | $486 |
| Built year | 2003 | 1985 |
| HOA | $0 | $225 |
| Days on market | 5 | 46 |
Jul 17, 2026
$1,198,000
Initial Listing
Oct 20, 2022
$1,125,000
Public Record
May 9, 2003
$540,000
Public Record