2448 Royal Crest, Escondido, California 92025, Escondido, 92025 - 4 bed, 3 bath
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Escondido, California 92025
This European Chateau-inspired residence represents a High-Potential Investment Opportunity, listed at $1,365,000—positioned well below the $1,400,334 Fair Market Value by 2%. This valuation gap offers $35,334 in Instant Equity. Featuring a Good Condition Rating, the home offers panoramic mountain views, three decks, and significant development potential via a large 1.2-acre lot suitable for an ADU. Located near top-rated schools like L.R. Green Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2448 Royal Crest Subject | $1,365,000* List Price | 4 | 3 | 3,204 | $437 | - |
A 2460 Reill View Dr Sold | $1,349,000 | 5 | 3 | 3,042 | $443 | 0.0 mi |
B 2422 Peet Lane Active | $1,599,000 List Price | 4 | 3 | 2,950 | $542 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1979, the property is well-maintained and features significant updates including contemporary bathrooms, stainless steel appliances, and a roof that is approximately 11 years old. The interior shows a mix of modern wood plank flooring and older parquet, but the overall condition is move-in ready and functional, fitting the 5-15 year renovation criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53143, living area = 3204.
The property features breathtaking mountain and valley views from three expansive decks and most interior rooms, situated on a private, gated 1.2-acre woodsy lot.
The large, usable 1.2-acre lot offers a rare opportunity to build an Accessory Dwelling Unit (ADU) with its own separate street access, ideal for rental income or multi-generational living.
The 'Old World' European aesthetic and split-level configuration are highly unique, which may limit appeal to a specific buyer profile rather than the broader modern market.
Despite significant upgrades like Rhino Shield paint, the 1979 construction and 11-year-old roof may necessitate future capital improvements for systems not recently updated.
INCREDIBLE PANORAMIC VIEW 3204 SQ FT SPLIT LEVEL EUROPEAN CHATEAU NESTLED ON AN USEABLE 1.2 ACRE WOODSY GATED LOT IN SOUTHEAST ESCONDIDO. PLENTY OF OLD WORLD CHARM THE EUROPEAN OWNERS SPARED NO EXPENSE TO CREATE A DISTINCTIVELY DIFFERENT AND VIBRANT HOME. AWESOME LOT HAS THE POTENTIAL TO BUILD AN ADU UNIT WITH ITS OWN SEPARATE STREET ACCESS. REMODELED HOME FEATURES NUMEROUS WINDOWS OFFERING STRIKING VIEWS AND MAIN ENTRY DOOR IMPORTED FROM AUSTRIA, COMTEMPORARY BATHROOMS, WOOD FLOORS, EXPANSIVE VIEWING WITH THREE DECKS, SKYLITES, THREE CAR GARAGE, BUILT IN BLINDS ON SOME WINDOWS, RHINO SHIELD EXTERIOR PAINT, BASEMENT, TWO FIREPLACES, STAINLESS STEEL APPLIANCES, 11 YEAR OLD RED TILE ROOF, VAULTED CEILING AND BREATHTAKING VIEWS FROM MOST ROOMS. GREAT FOR AN EXTENDED FAMILY. THE DOWNSTAIRS FLOOR HAS TWO BEDROOMS WITH A BATH, DECK AND ITS OWN FAMILY ROOM WITH FIREPLACE OVERLOOKING THE VALLEY AND MOUNTAINS. FOR THE RIGHT PERSON THIS IS A HARD TO FIND UNIQUE HOME THAT SELDOM COMES ON THE MARKET IN A VERY PRIVATE ENVIRONMENTALLY FRIENDLY LOCATION. FINISHED BASEMENT WITH STONE WALLS CAN BE USED AS A WINE CELLAR.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.7 mi
Grades 4-8 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,204 | 2,298 | 78% |
| Lot Size | 53,143 | 11,925.7 | 90% |
| Price | $1.36M | $1.10M | 74% |
| Price per sq ft | $426 | $497 | 26% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 121 | 8% |
May 28, 2026
$1,365,000
Initial Listing
May 4, 2009
$665,000
Public Record
Oct 12, 2000
$445,000
Public Record