
Escondido, California 92029
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,249,958 Fair Market Value by 3%. This valuation gap offers $49,958 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires modernization to reach its full potential. The 1.23-acre lot, custom pool and spa, and panoramic mountain views provide a strong foundation for value-add renovations. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable estate.
Property is extensive renovation needed.
Built in 1991 (33 years old), the property features original 1990s interior finishes and architecture; per the criteria for homes over 30 years old, it is significantly dated and requires major updates to the kitchen and bathrooms to meet modern standards.
Situated on a generous 1.23-acre gated lot, the property offers breathtaking panoramic mountain and valley views, providing a rare sense of privacy and natural beauty.
The backyard serves as a private retreat featuring a custom pool, spa, built-in BBQ, and a gazebo, making it an ideal space for high-end entertaining and relaxation.
Boasting over 3,700 square feet of single-level living space with vaulted ceilings and four bedrooms, the layout offers both luxury and long-term accessibility.
Built in 1991, the interior may require cosmetic updates to the kitchen and bathrooms to align with contemporary design trends and maximize the home's market value.
The extensive 1.23-acre grounds, mature fruit trees, and large pool facilities necessitate significant ongoing landscaping maintenance and utility costs.
Stunning views of the surrounding mountains and valleys! Gated private residence, conveniently located, single story sitting on 1.23 acres of mature landscaping including fruit trees. This 1991 built home with 3,747 square feet features 4 bedrooms, 4 baths, large master suite with view balcony & spacious bath with walk in closets. The vaulted ceiling affords ample space to enjoy the two fireplaces, formal dining room, and sitting room. The outdoor retreat includes a refreshing custom pool & spa with built in BBQ and a gazebo for additional views and entertaining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,747 | 2,028 |
| Lot Size | 53,578.801 | 10,454.4 |
| Price | $1.20M | $936.5K |
| Price per sq ft | $320 | $486 |
| Built year | 1991 | 1985 |
| HOA | $0 | $225 |
| Days on market | 28 | 46 |
Jun 25, 2026
$1,200,000
Initial Listing
Dec 20, 2007
$685,000
Public Record
Nov 29, 2006
$1,200,000
Public Record
Mar 29, 2004
$780,000
Public Record