244 Pico Avenue 5, San Marcos, California 92069, San Marcos, 92069 - 2 bed, 3 bath
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244 Pico Avenue 5
San Marcos, California 92069
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,163Sq Ft
0Lot Size
Property Price
LIST PRICE$589,900
EST. MARKET VALUE
$627,686
6% BelowMARKET VALUE
SUMMARY
This Brand-New 2026 Townhouse is a Strong Value Opportunity, listed at $589,900—positioned well below the $627,687 Fair Market Value by 6%. This valuation gap offers $37,787 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this home includes Solar Panels, Quartz Countertops, and a Private 2-Car Garage. Its modern, energy-efficient design and proximity to CSUSM make it an ideal choice for first-time buyers or owner-occupants seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$627,686+$37,786 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Marcos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 Pico Avenue 5 Subject | $589,900* List Price | 2 | 3 | 1,163 | $540 | - |
A 354 Fitzpatrick Road 108 Sold | $620,000 | 2 | 3 | 1,237 | $501 | 0.3 mi |
B 404 Zoey Ln Active | $579,900 List Price | 2 | 3 | 1,163 | $499 | 0.0 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.
Brand-new 2026 construction in mint condition. Features modern designer finishes including quartz countertops and luxury vinyl plank flooring, energy-efficient systems with solar panels, and a comprehensive builder warranty.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Efficiency
As a 2026 build, the home features modern energy-efficient construction, included solar panels, and a comprehensive builder warranty for long-term peace of mind.
- Modern Interior Design
The residence boasts high-end finishes including 9-foot ceilings, designer quartz countertops, and luxury vinyl plank flooring, offering a move-in-ready contemporary aesthetic.
- Favorable Financing & Amenities
The property is VA loan approved and includes a private 2-car garage plus community perks like a dog run and BBQ area, enhancing its value for veterans and first-time buyers.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With 1,163 square feet of living space, the interior layout is relatively small for a multi-level townhouse, which may feel restrictive for buyers needing more storage or room to grow.
- Recurring Monthly Costs
The $350 monthly association fee adds a significant recurring expense to the ownership cost, which may impact the overall affordability for budget-conscious shoppers.
About 244 Pico Avenue 5
An exceptional opportunity awaits at Pico Place Homes, offering a brand-new, move-in-ready residence in one of San Marcos most desirable boutique communities. This stylish 2 bedroom, 2.5 bath townhome features open concept living spaces highlighted by soaring 9-foot ceilings, designer quartz countertops, luxury vinyl plank flooring, and sleek contemporary finishes throughout. Designed with long-term efficiency and peace of mind in mind, the home comes equipped with included solar panels, energy-efficient construction, and a comprehensive builder warranty. Beyond the front door, you will enjoy the convenience of an attached 2-car garage and a spacious covered balcony perfect for relaxation. The intimate 16-home neighborhood also offers fantastic community amenities, including a playground, BBQ area, and dedicated dog run. Ideally situated just minutes from North City, California State University San Marcos, shopping, dining, and entertainment.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2026
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,163 | 1,490.03 |
| Lot Size | - | 50,472.515 |
| Price | $589.9K | $734.6K |
| Price per sq ft | $507 | $503 |
| Built year | 2026 | 2016 |
| HOA | $350.0 | $328 |
| Days on market | 21 | 63 |
Pricing History
Listed for Sale
Aug 19, 2026
$589,900
Initial Listing
Sold
Apr 20, 2022
$400,000
Public Record