
San Marcos, California 92069
This Brand-New Townhome at Pico Place represents a Strong Value Opportunity, listed at $679,900—positioned slightly above the $658,924 Fair Market Value. While priced at market, the home offers significant long-term stability with No Mello-Roos and Included Solar Panels. Featuring an Excellent Condition Rating (2026 build), this residence includes Designer Quartz Countertops and Luxury Vinyl Plank Flooring. Its proximity to CSUSM and North City ensures high demand. This is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 Pico Avenue 8 Subject | $664,900* List Price | 2 | 3 | 1,163 | $562 | - |
A 428 San Marcos 162 Sold | $579,000 | 2 | 3 | 1,187 | $488 | 0.3 mi |
B 371 Fitzpatrick Rd 102 Sold | $720,000 | 3 | 3 | 1,455 | $495 | 0.3 mi |
C 244 Pico Ave 6 Active | $649,900 List Price | 2 | 3 | 1,163 | $559 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new construction (2026) featuring modern finishes like quartz countertops and luxury vinyl plank flooring, energy-efficient systems including solar, and a builder warranty.
As a 2026 build, this residence offers modern design, energy-efficient systems, and the security of a builder warranty, significantly reducing immediate maintenance concerns.
The property features a rare combination of no Mello-Roos fees and included solar panels, providing a lower total monthly carrying cost compared to other new developments in the area.
Located moments from North City and the CSUSM campus, the property offers high desirability for professionals and students seeking proximity to vibrant dining, shopping, and entertainment.
With only two bedrooms and 1,163 square feet, the floorplan may be too restrictive for growing families or buyers requiring a dedicated home office.
As a townhome in a 16-unit collection, the property involves shared walls and lacks the private yard space found in detached single-family homes.
Introducing Pico Place Homes, a rare new construction opportunity featuring a limited collection of just 16 modern townhomes designed for elevated living without the burden of high HOAs or Mello-Roos. Scheduled for completion by June and now available for private appointments, these thoughtfully designed residences offer buyers the chance to secure a brand-new home in one of San Marcos’ most exciting emerging communities. Created for those seeking both style and smart affordability, these spacious 2-bedroom, 2.5-bath homes showcase open-concept floorplans with soaring 9-foot ceilings, designer quartz countertops, and sleek luxury vinyl plank flooring throughout. Every detail was carefully considered to simplify homeownership, from included solar panels and energy-efficient systems to the added confidence of a builder warranty that helps keep monthly costs predictable and manageable. Residents will also enjoy practical luxuries like attached 2-car garages and oversized covered balconies that create the perfect extension of the living space. Beyond the homes themselves, Pico Place offers inviting community amenities including a dog run and BBQ area, all just moments from the vibrant shops, dining, and entertainment at North City and the nearby California State University San Marcos campus. Pico Place Homes delivers the ideal balance of contemporary design, convenience, and long-term value in one connected San Marcos location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,163 | 1,497 | 8% |
| Lot Size | - | 2,613.6 | 15% |
| Price | $664.9K | $720.0K | 23% |
| Price per sq ft | $572 | $484 | 96% |
| Built year | 2026 | 2025 | 81% |
| HOA | $350.0 | $310 | 69% |
| Days on market | 25 | 143 | 8% |
May 23, 2026
$664,900
$679,900
-2% Price Drop
Initial Listing
May 12, 2026
$679,900
Initial Listing
Apr 20, 2022
$400,000
Public Record