2434 Smokewood, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath
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2434 Smokewood
Escondido, California 92026
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
2Baths
1,054Sq Ft
4,172Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$697,831
4% BelowMARKET VALUE
SUMMARY
This Completely Remodeled Single Family Home is a Strong Value Opportunity, listed at $669,000—positioned well below the $694,080 Fair Market Value by 3%. This valuation gap offers $25,080 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes a new kitchen, updated baths, and a private backyard with a Patio. Located in a non-HOA community near Reidy Creek Elementary, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$697,831+$28,831 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Escondido.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2434 Smokewood Subject 2 bd · 2 ba · 1,054 sqft · $662 | $669,000* List Price | 2 | 2 | 1,054 | $662 | - |
A 2327 Lake Forest Sold 3 bd · 2 ba · 1,211 sqft · $632 · 0.2 mi | $765,000 | 3 | 2 | 1,211 | $632 | 0.2 mi |
B 729 Cleveland Ave Sold 3 bd · 3 ba · 1,451 sqft · $572 · 0.2 mi | $830,400 | 3 | 3 | 1,451 | $572 | 0.2 mi |
C 2414 Heatherwood Court Active Under Contract 2 bd · 2 ba · 1,035 sqft · $705 · 0.1 mi | $730,000 List Price | 2 | 2 | 1,035 | $705 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1986, the property has undergone a complete modern remodel within the last 5 years. It features a brand-new kitchen with shaker cabinets and stainless appliances, updated bathrooms, new flooring, and fresh interior/exterior paint. With central HVAC and new fixtures, the home is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Remodel
The home is fully move-in ready featuring a new kitchen, updated bathrooms, new flooring, and fresh interior/exterior paint, saving buyers immediate renovation costs.
- Financial Incentives
The seller is offering a $10,000 credit for interest rate buy-downs or closing costs, significantly improving affordability for prospective buyers.
- No HOA Fees
Located outside of an HOA community, this property offers greater freedom for owners and lower monthly carrying costs compared to nearby managed developments.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With only 1,054 square feet and two bedrooms, the home may feel restrictive for families or those requiring additional space for a home office.
- Missing Essential Appliances
The sale does not include a refrigerator, requiring an additional immediate expense for the buyer upon moving in.
About 2434 Smokewood
**Seller is offering a $10,000 Credit for Interest Rate Buy Down or Closing Costs**Completely remodeled single family home with no shared walls. Move in ready, 2 bedrooms 2 full bathrooms central heat and air 2 car garage and driveway parking with spacious backyard. Upgrades included: New kitchen cabinets; New kitchen countertops; New appliances; New flooring throughout the home; Fresh interior and exterior paint; All new light fixtures; New interior doors; Updated bathrooms; Newer sliding glass door and several windows have just been replaced. Refrigerator is not included with the sale. **Interior Photos have been virtually enhanced with staged furniture.** Property is not located in an HOA community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 4,172 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Escondido Unified Schools
Reidy Creek Elementary School
Grades K-5 • 0.4 mi
5/10
Rincon Middle School
Grades 6-8 • 0.8 mi
4/10
Quantum Academy
Grades 4-8 • 3.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,054 | 2,059.182 |
| Lot Size | 4,172 | 10,916.716 |
| Price | $669.0K | $960.7K |
| Price per sq ft | $635 | $487 |
| Built year | 1986 | 1986 |
| HOA | $0 | $228 |
| Days on market | 37 | 51 |
Pricing History
Listed for Sale
Sep 19, 2026
$669,000
Initial Listing
Price Change
Sep 18, 2026
$539,000
Initial Listing
Sold
Jun 15, 2021
$575,000
Public Record