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2241 Indus Way, San Marcos, California 92078, San Marcos, 92078 - 2 bed, 3 bath

2241 Indus Way, San Marcos, California 92078 home-pic-0
ACTIVE$558,388$1,158/sqft
2241 Indus Way, San Marcos, California 92078
2Beds
3Baths
1,158Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern Construction & Upgrades: Built in 2018, featuring an open-concept layout, premium laminate flooring, and a chef's kitchen with granite countertops, a spacious island, and stainless steel appliances, offering a turn-key living experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1158, other record living area = 1740.

Compared to the nearby listings

Price:$558.4K vs avg $710.0K ($-151,612)7%
Size:1,158 sqft vs avg 1,342 sqft15%
Price/sqft:$482 vs avg $50729%

More Insights

Built in 2018 (8 years old).
Condition: Built in 2018, this property is a recent construction. The kitchen boasts modern stainless steel appliances, granite countertops, and contemporary cabinetry. Bathrooms feature updated vanities, fixtures, and tile work, including dual vanities and a walk-in shower in the primary bath. Premium laminate flooring is consistent throughout, and all visible components appear new or virtually new, indicating a turn-key, excellent condition with no deferred maintenance.
Year Built
2018
Close
-
List price
$558K
Original List price
$558K
Price/Sqft
$482
HOA
$277
Days on market
-
Sold On
-
MLS number
PTP2600095
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Affordable Housing Unit, Qualifications attached in the link below. Welcome to 2241 Indus Way a stunning tri-level townhome in the highly sought-after Solaire community of San Marcos. This modern 3-bedroom, 2.5-bath residence boasts an open-concept living area, premium laminate flooring, and a chef’s kitchen complete with granite countertops, a spacious island, and stainless steel appliances. Natural light floods the home through large windows and a private balcony, perfect for relaxing or entertaining. All bedrooms are conveniently located on the top floor, with a large primary suite featuring a walk-in closet and dual vanities. Enjoy resort-style amenities including a community pool, spa, BBQ area, and playground. Located within the award-winning San Marcos Unified School District and close to trails, parks, shopping, Cal State San Marcos, and freeways. This property sits on a 55-year land lease with little to no fees. The City of San Marcos a rare opportunity combining affordability and lifestyle. Don't miss this turn-key home! https://drive.google.com/drive/folders/1BlNUQxrsPIeG4D4glrnQFiqTz3B8dyIR

M
Matthew Colborn
Listing Agent

Nearby schools

8/10
Carrillo Elementary School
Public,•K-5•1.9mi
8/10
San Elijo Middle School
Public,•6-8•1.4mi
7/10
San Marcos High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
09/28/21
Sold
$396,500
05/16/13
Sold
$238,000
Condition Rating
Excellent
Built in 2018, this property is a recent construction. The kitchen boasts modern stainless steel appliances, granite countertops, and contemporary cabinetry. Bathrooms feature updated vanities, fixtures, and tile work, including dual vanities and a walk-in shower in the primary bath. Premium laminate flooring is consistent throughout, and all visible components appear new or virtually new, indicating a turn-key, excellent condition with no deferred maintenance.
Pros & Cons

Pros

Modern Construction & Upgrades: Built in 2018, featuring an open-concept layout, premium laminate flooring, and a chef's kitchen with granite countertops, a spacious island, and stainless steel appliances, offering a turn-key living experience.
Resort-Style Community Amenities: Residents benefit from access to a community pool, spa, BBQ area, and playground, enhancing lifestyle and recreational options within the Solaire community.
Prime Location & Top-Rated Schools: Situated in the highly sought-after Solaire community, within the award-winning San Marcos Unified School District, and conveniently close to trails, parks, shopping, Cal State San Marcos, and major freeways.
Abundant Natural Light & Private Balcony: Large windows ensure natural light throughout the home, complemented by a private balcony perfect for relaxation or entertaining.
Affordable Housing Opportunity: Presents a unique and rare opportunity for qualified buyers to achieve homeownership in San Marcos at a potentially more accessible price point.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1158, other record living area = 1740.
Land Lease Ownership: The property is subject to a 55-year land lease, which can affect financing options, long-term appreciation, and overall equity building compared to traditional fee simple ownership.
Affordable Housing Buyer Restrictions: As an affordable housing unit, prospective buyers must meet specific qualifications, significantly narrowing the eligible buyer pool and potentially impacting resale flexibility.
Bedroom Count Discrepancy & Size: The listing description mentions '3-bedroom' while the structured data indicates '2 beds' within 1158 sqft, which could lead to confusion or suggest a smaller living space than some buyers might expect for a tri-level townhome.
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