2241 Indus Way, San Marcos, California 92078, San Marcos, 92078 - 2 bed, 3 bath
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San Marcos, California 92078
This Affordable Housing Townhome is a Strong Value Opportunity, listed at $525,000—positioned well below the $582,612 Fair Market Value by 9%. This valuation gap offers $57,612 in Instant Equity for qualified buyers. Featuring a Condition Rating of 3, this move-in ready residence includes a Granite Kitchen, Leased Solar, and a Private Deck. Located near Top-Rated Schools like Carrillo Elementary, this property is an ideal acquisition for first-time buyers or owner-occupants meeting program income requirements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2241 Indus Way Subject | $499,999* List Price | 2 | 3 | 1,158 | $503 | - |
A 2188 Cosmo Way Sold | $680,000 | 2 | 3 | 1,158 | $587 | 0.0 mi |
B 2259 Indus Way Sold | $550,000 | 2 | 3 | 1,158 | $475 | 0.0 mi |
C 2192 Cosmo Way Sold | $573,000 | 3 | 3 | 1,201 | $477 | 0.0 mi |
D 2533 Antlers Way Sold | $670,000 | 2 | 3 | 1,173 | $571 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, this 11-year-old property falls into the 10-20 year range. It is well-maintained and move-in ready with a modern kitchen featuring granite countertops and stainless steel appliances, updated laminate flooring, and functional systems including central air and leased solar.
Built in 2013, this tri-level townhome features a contemporary open-concept layout with premium laminate flooring, granite countertops, and a large kitchen island, offering a move-in-ready aesthetic.
The property includes leased solar panels and central air conditioning, paired with a relatively low monthly HOA fee of $270, providing long-term utility and maintenance savings.
The residence is situated within the boundaries of top-tier schools, including Carrillo Elementary and San Elijo Middle School, both of which carry high academic ratings.
As a deed-restricted affordable housing unit, buyers must meet specific income limits and owner-occupancy guidelines, which significantly narrows the pool of potential purchasers.
The tri-level configuration and 1,158 square foot footprint may feel restrictive for buyers seeking expansive living areas or those with mobility concerns regarding multiple staircases.
Deed-Restricted Affordable Housing Opportunity in Solaire! Qualifications in the link below! Welcome to 2241 Indus Way, a beautifully upgraded tri-level townhome located in San Marcos. This 2-bedroom, 2.5-bath residence offers 1,158 square feet of comfortable living space with an open-concept layout, abundant natural light, and a spacious kitchen featuring granite countertops and stainless-steel appliances. Both bedrooms offer privacy and convenience, while the attached two-car garage provides secure parking and additional storage. The home also features leased solar, central air, and low HOA dues, adding to its overall value. This property is part of the City of San Marcos Affordable Housing Program. Buyer must meet income limits, qualification guidelines, and owner-occupancy requirements. Contact listing agent for program details. https://drive.google.com/drive/folders/14zyEVXnSYs10SZ0_xyz1By-NwZ5c3NKz?usp=drive_link
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,158 | 1,344.5 |
| Lot Size | - | 57,018.7 |
| Price | $500.0K | $722.2K |
| Price per sq ft | $432 | $499 |
| Built year | 2013 | 2010 |
| HOA | $270.0 | $336 |
| Days on market | 34 | 63 |
Jul 10, 2026
$499,999
$525,000
-5% Price Drop
Initial Listing
Jun 18, 2026
$525,000
Initial Listing
Sep 28, 2021
$396,500
Public Record
May 16, 2013
$238,000
Public Record