
San Marcos, California 92078
This Affordable Housing Townhome is a Strong Value Opportunity, listed at $449,000—positioned well below the $477,524 Fair Market Value by 5%. This valuation gap offers $28,524 in Instant Equity for qualified buyers. The property is in Good Condition (Rating: 3), featuring Leased Solar, a Bonus Room, and access to Resort-Style Amenities. Located near Top-Rated Schools like Carrillo Elementary and San Elijo Middle, this home is an ideal fit for Owner-Occupants and first-time buyers meeting City of San Marcos program requirements.
Property is move-in ready.
Built in 2013 (13 years old), this property falls within the 10-20 year range for 'Good' condition. The interior features a modern open-concept kitchen with stainless steel appliances, laminate flooring, and plantation shutters. Systems appear well-maintained, including the addition of leased solar and a water softener, making it fully move-in ready.
Priced at $449,000, this 2013-built townhome offers a rare, highly affordable entry point into the San Marcos market compared to standard area listings.
The property includes energy-efficient leased solar, plantation shutters, a versatile bonus room, and an attached two-car garage, enhancing both comfort and utility.
Located within the San Marcos Unified district, the home serves top-rated institutions like Carrillo Elementary and San Elijo Middle School, both rated 8/10.
Participation in the City of San Marcos Affordable Housing Program imposes rigid maximum income and price caps, significantly limiting the pool of eligible buyers.
The property must be owner-occupied and cannot be used as a rental, which eliminates its potential as an investment vehicle or future income property.
Affordable housing unit: maximum price & income requirements set by the City of San Marcos. This tri-level SOLAR townhome features 1,158 square feet, 2 bedrooms, and 2.5 bathrooms. One of the few units in Solaire that features leased solar! The main floor offers laminate flooring throughout the living room, kitchen, and bathroom. Plantation shutters throughout, a balcony off the living room, water softener, a BONUS ROOM, and an attached 2-car garage. Enjoy resort-style community amenities including a pool, spa, BBQ and picnic areas. Back on the market: fell out of escrow through no fault of the seller. This unit is part of the City of San Marcos Affordable Housing Program. Maximum price & income requirements apply, and the home must be owner-occupied, it cannot be purchased or used as a rental. Buyers must be qualified and approved by the City prior to purchase. Program guidelines and qualification sheet available on request: please confirm eligibility before scheduling a showing. Link to guidelines are below: 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 | 2.5 |
| Square foot | 1,158 | 1,287.956 |
| Lot Size | - | 157,123.227 |
| Price | $449.0K | $693.6K |
| Price per sq ft | $388 | $498 |
| Built year | 2013 | 2006 |
| HOA | $277.0 | $434 |
| Days on market | 24 | 58 |
Oct 1, 2026
$449,000
Initial Listing
Sep 28, 2021
$396,500
Public Record
May 16, 2013
$238,000
Public Record