
Escondido, California 92027
This versatile workshop-centric estate is a High-Potential Investment Opportunity, listed at $789,000—positioned well below the $893,437 Fair Market Value by 11%. This valuation gap provides $104,437 in Instant Equity. Boasting a Move-In Ready Condition Rating, the property features two massive permitted detached garages, an 800sf loft, and owned solar. With a 1/3-acre lot and ADU potential near Quantum Academy, it perfectly suits Owner-Occupants with home-business needs or Value-Seeking Buyers looking for unparalleled utility and growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2152 Oak Hill Drive Subject | $789,000* List Price | 4 | 2 | 2,650 | $337 | - |
A 1371 Hinrichs Way Active | $919,000 List Price | 4 | 3 | 2,425 | $379 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1949, the property is move-in ready with significant recent capital improvements including an updated roof, owned solar, and six mini-split HVAC systems. The kitchen features updated stainless steel appliances and modern solid-surface countertops, while the bathrooms have been remodeled. The interior is well-maintained with consistent tile flooring throughout, and the exterior features professional low-maintenance landscaping and extensive hardscape.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2650.
The property features two massive permitted detached garages (20'x40' and 20'x50') including an 800sf loft and a professional paint spray booth, offering unparalleled utility for car enthusiasts or home-based businesses.
Situated on a 1/3 acre lot with extensive concrete hardscape, the property accommodates over 16 vehicles plus dedicated RV and trailer parking, providing rare maneuverability and storage space.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2650, other record living area = 1032. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The heavy emphasis on industrial-scale garages and specialized workshop equipment may limit the buyer pool to a specific demographic, potentially excluding traditional residential buyers seeking more conventional backyard space.
Originally built in 1949, the core structure may present long-term maintenance challenges or architectural limitations typical of mid-century homes, despite the recent cosmetic and system updates.
Rare opportunity to own a highly versatile property with two permitted detached garages, extensive parking capacity, and flexible living space in fantastic Escondido neighborhood on 1/3 acre lot! The home offers a 3 bedroom, 2 bathroom layout with an optional 4th bedroom or office, providing flexibility for a variety of living arrangements. The functional layout and additional interior space make it well-suited for extended living, work-from-home needs, or multi-use living. The standout feature is the substantial permitted garage improvements, including two detached garages: one is 20'x40' and the other measures at 20'x50' with an additional 3'x10' bump-out, offering exceptional capacity for vehicles, equipment, workshop use, or business-related storage. The larger garage also includes a generous 800sf loft area above, creating even more usable space and future potential for additional living area. One garage is equipped with a vehicle paint spray booth that will convey, offering a rare opportunity for automotive enthusiasts or specialized hobby use. The property is further enhanced by extensive concrete hardscape and a wide, usable layout, allowing for 16+ parking spaces, RV parking, trailers, or work vehicles with ease of access and maneuverability. Outdoor areas are designed for low-maintenance living, featuring drought-tolerant landscaping, mature plantings, and fruit trees, while still offering ample open space for customization or expansion of outdoor use. The existing improvements and layout may offer potential for ADU and/or JADU conversion (buyer to verify with city), adding flexibility and long-term value. Recent upgrades include owned solar, updated roof, six single zone mini-split systems, remodeled bathrooms, updated plumbing, and a newer water heater. Conveniently located near schools, shopping, and major access routes, with excellent accessibility for those needing quick ingress and egress to both the 78 and 15 Freeways. Buyer to verify all measurements, permits, and uses.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,650 | 1,706 | 80% |
| Lot Size | 14,810.4 | 6,984.8 | 84% |
| Price | $789.0K | $822.5K | 38% |
| Price per sq ft | $298 | $489 | 4% |
| Built year | 1949 | 1980 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 153 | 8% |
Apr 8, 2026
$789,000
Initial Listing
Jan 29, 2010
$186,000
Public Record