
Escondido, California 92025
This Historic Craftsman Residence represents a High-Potential Investment Opportunity, listed at $1,225,000—positioned well above the $1,073,996 Fair Market Value by -14%. While priced above current market estimates, the property offers unique financial upside through its Mills Act designation and a detached 1-bedroom ADU for rental income. Featuring a Good Condition Rating and a spacious wraparound deck, this home balances historic character with modern utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-generational living or rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 210 E 6th Ave Subject 4 bd · 4 ba · 2,550 sqft · $407 | $1,179,000* List Price | 4 | 4 | 2,550 | $407 | - |
A 200 N Upas Street Sold 4 bd · 3 ba · 2,192 sqft · $417 · 1.0 mi | $915,000 | 4 | 3 | 2,192 | $417 | 1.0 mi |
B 931 Sol Vista Glen Sold 3 bd · 2 ba · 2,436 sqft · $431 · 0.6 mi | $1,050,000 | 3 | 2 | 2,436 | $431 | 0.6 mi |
C 1508 Encino Drive Sold 4 bd · 2 ba · 2,171 sqft · $488 · 0.9 mi | $1,060,000 | 4 | 2 | 2,171 | $488 | 0.9 mi |
D 717 Idaho Ave Sold 3 bd · 2 ba · 2,224 sqft · $450 · 0.9 mi | $1,000,000 | 3 | 2 | 2,224 | $450 | 0.9 mi |
E 803 Omar Drive Sold 5 bd · 3 ba · 3,319 sqft · $331 · 0.2 mi | $1,100,000 | 5 | 3 | 3,319 | $331 | 0.2 mi |
F 1091 Park Hill Terrace Sold 3 bd · 2 ba · 2,220 sqft · $518 · 0.6 mi | $1,150,000 | 3 | 2 | 2,220 | $518 | 0.6 mi |
G 540 Idaho Ave Sold 5 bd · 4 ba · 2,215 sqft · $431 · 0.8 mi | $955,000 | 5 | 4 | 2,215 | $431 | 0.8 mi |
H 952 W 5th Ave Sold 2 bd · 3 ba · 1,783 sqft · $475 · 0.9 mi | $847,000 | 2 | 3 | 1,783 | $475 | 0.9 mi |
I 451 E 10th Avenue Active 4 bd · 3 ba · 2,218 sqft · $406 · 0.4 mi | $899,994 List Price | 4 | 3 | 2,218 | $406 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1922, the property shows evidence of a high-quality renovation likely performed within the last 5-15 years. The kitchen and bathrooms feature updated stone countertops, modern cabinetry, and stainless steel appliances (LG). The presence of recessed lighting, updated flooring, and well-maintained systems indicates the home is move-in ready and functional, meeting the 'Good' criteria for a well-maintained renovated historic home.
As a Mills Act historically designated property, this home offers substantial property tax reductions that can save the owner thousands of dollars annually.
The detached 1-bedroom, 1-bathroom ADU features a private entrance and dedicated parking, providing an excellent opportunity for rental income or multi-generational living.
Built in 1922, the residence boasts authentic architectural details including exposed wood beams, French doors, and a serene outdoor space with a koi pond and wraparound deck.
The property is zoned for several local schools with lower performance ratings, which may be a concern for families prioritizing high-ranking educational institutions.
Given the home's age and historic designation, owners may face higher maintenance costs and must adhere to strict preservation guidelines for any exterior renovations.
What if your next home could offer the character you’ve been searching for—and help offset the cost of owning it? Welcome to this Mills Act historically designated 1922 Craftsman in the heart of Old Historic Escondido, where timeless architecture meets an opportunity for smarter homeownership. In addition to the potential for significant property tax savings through the Mills Act, the property includes a detached 1-bedroom, 1-bath ADU with its own private entrance and dedicated parking—ideal for rental income, extended household living, a private guest space, or home office. The main residence offers 3 bedrooms and 3 bathrooms, filled with the details that make historic homes impossible to replicate: exposed wood beams, beautiful French doors, warm architectural character, and inviting indoor-outdoor living. From the kitchen and primary suite, step onto the spacious wraparound deck surrounded by mature fruit trees and a peaceful koi pond. Whether you’re hosting friends, enjoying a quiet morning outside, or simply looking for a home with personality and space to breathe, this property offers something far beyond the typical newer build. A detached two-car garage and 10’ x 12’ Tuff shed provide additional room for vehicles, storage, hobbies, or gear. If you’ve been looking for a home that gives you more than just a place to live—historic character, flexible living space, income potential, and meaningful tax advantages—this is the opportunity you’ve been waiting for.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,550 | 2,059.182 |
| Lot Size | - | 10,916.716 |
| Price | $1.18M | $960.7K |
| Price per sq ft | $462 | $487 |
| Built year | 1922 | 1986 |
| HOA | $0 | $228 |
| Days on market | 100 | 51 |
Oct 13, 2026
$1,179,000
$1,189,000
-1% Price Drop
Initial Listing
Oct 7, 2026
$1,189,000
$1,199,000
-1% Price Drop
Initial Listing
Oct 3, 2026
$1,199,000
$1,199,900
+0% Price Increase
Initial Listing
Sep 6, 2026
$1,199,900
$1,225,000
-2% Price Drop
Initial Listing
Jul 16, 2026
$1,225,000
Initial Listing
Nov 6, 1998
$130,000
Public Record
May 25, 1995
$126,500
Public Record