25734 Willow Lane, Escondido, California 92026, Escondido, 92026 - 2 bed, 1 bath
ACTIVE$445,000
25734 Willow Lane, Escondido, California 92026
2Beds
1Bath
1,003Sqft
15,246Lot
Price Vs. Estimate
The estimated value ($465,885.43) is $20,885.43 (4%) higher than the list price ($445,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1003.
Top Cons:
Major Renovation Required: The property is an incomplete project, requiring substantial financial investment, time, and effort to bring to completion and habitability.
Compared to the nearby listings
Price:$445.0K vs avg $899.0K ($-454,000)1%
Size:1,003 sqft vs avg 2,055 sqft2%
Price/sqft:$444 vs avg $46941%
More Insights
Built in 1928 (97 years old).
Condition: This property is an unfinished construction project. While it boasts a new roof, subfloor, and framing, it lacks all essential interior finishes, fixtures, and functional systems such as a completed kitchen, bathroom, flooring, and full electrical/plumbing. It is not habitable in its current state and requires substantial rehabilitation and completion of construction, aligning with the 'poor' condition criteria.
Year Built
1928
Close
-
List price
$445K
Original List price
$495K
Price/Sqft
$444
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509450
Home ConditionPoor
Features
Good View: Hills, Creek/Stream
ViewHills, Creek/Stream
About this home
Comfortable around construction? Make this seller's loss your gain. Project interrupted by personal life about halfway through. Blueprints included, septic tank excavated awaiting inspection, brand new roof, subfloor, and framing on all but one wall, some electrical roughed in. May qualify for remodel and not need permits, buyer to verify. Footprint is a 1003 sqft 2b/1b home with open concept kitchen/living room and vaulted ceilings. Sits on a secluded 1/3 acre flagpole lot with plenty of space (see attached ADU plans), seasonal stream, mature fruit trees, and brand new stamped concrete driveway. A little more than a fixer, waiting for the right builder/investor.
Nearby schools
5/10
Reidy Creek Elementary School
Public,•K-5•1.3mi
4/10
Rincon Middle School
Public,•6-8•2.1mi
7/10
Quantum Academy
Public,•4-8•5.0mi
5/10
Escondido High School
Public,•9-12•2.6mi
Condition Rating
Poor
This property is an unfinished construction project. While it boasts a new roof, subfloor, and framing, it lacks all essential interior finishes, fixtures, and functional systems such as a completed kitchen, bathroom, flooring, and full electrical/plumbing. It is not habitable in its current state and requires substantial rehabilitation and completion of construction, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1003.
Significant Renovation Progress: Much of the initial, costly demolition and structural work, including a brand new roof, subfloor, framing, and some electrical rough-in, is already completed, reducing the buyer's upfront burden.
Development Potential: The generous 1/3 acre secluded lot, coupled with available ADU plans, offers significant potential for expansion, additional income, or increased property value.
Desirable Lot Features: The property boasts a private flagpole lot with mature fruit trees, a seasonal stream, and a brand new stamped concrete driveway, enhancing its appeal and functionality.
Attractive Investment Price: A recent price reduction and the current listing price below the estimated value position this as an appealing opportunity for builders or investors seeking value.
Modern Design Potential: The planned open-concept kitchen/living room and vaulted ceilings promise a contemporary and highly desirable layout upon completion of the renovation.
Cons
Major Renovation Required: The property is an incomplete project, requiring substantial financial investment, time, and effort to bring to completion and habitability.
Permit and Septic Uncertainty: The need for the buyer to verify permit requirements and the excavated septic tank awaiting inspection introduce potential delays, unforeseen costs, and regulatory hurdles.
Limited Immediate Livability: As an active construction site, the property is not immediately habitable, limiting the buyer pool to those specifically seeking a significant renovation project.