
Escondido, California 92026
This Versatile Hillside Estate is a High-Potential Investment Opportunity, listed at $969,000—positioned well below the $1,094,868 Fair Market Value by 11%. This valuation gap offers $125,868 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a permitted studio ADU, panoramic nature views, and a 3-horse equestrian allowance. Located in the Escondido Union district near Quantum Academy, it includes a 2021 HVAC and solar-ready panel. This property is a premier choice for Owner-Occupants or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28242 Glenmeade Way Subject | $959,000* List Price | 4 | 4 | 2,370 | $405 | - |
A 10565 Burned Oak Lane Sold | $995,000 | 4 | 2 | 2,087 | $477 | 0.7 mi |
B 9546 Sage Hill Way Sold | $1,050,000 | 3 | 3 | 2,174 | $483 | 0.4 mi |
C 28444 Fallen Tree Lane Pending | $920,000 List Price | 3 | 3 | 2,386 | $386 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant recent upgrades including a 2021 HVAC system, new flooring, and a solar-ready electrical panel. The kitchen features modern white cabinetry and granite countertops, and the addition of a permitted ADU and Trex decking indicates high maintenance and functional modernization despite the 1978 build date.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30927, living area = 2370.
The property features a fully permitted, attached studio ADU with independent access, offering a turnkey opportunity for rental income, a guest suite, or multigenerational living.
Situated on a large lot with an allowance for three horses and featuring expansive Trex wraparound decks with panoramic views, this home is ideal for animal lovers and outdoor entertaining.
The property is located several miles from the nearest schools, with ratings ranging from 4 to 7, which may be a drawback for families prioritizing proximity to highly-rated educational institutions.
Originally constructed in 1978, the home's architectural style and internal flow may require further modernization to meet the expectations of buyers seeking a fully contemporary open-concept design.
Hidden Meadows hideaway — attached, permitted studio ADU + room for 3 horses. Peaceful, private setting with panoramic nature views. Main level offers formal entry, 3 BR, 2.5 BA, cozy dual-sided fireplace, updated kitchen with white cabinetry and granite counters, plus separate laundry room. Fully permitted attached-but-separate guest studio/ADU with private full bath and independent access — ideal for guests, multigenerational living or rental income. Expansive Trex wraparound deck and secondary rear deck perfect for entertaining and taking in the views. Property includes mature fruit trees (lemon, lime, blood orange, nectarine, peach), attached 2-car garage, oversized driveway and equestrian allowance for up to 3 horses. Recent updates: new HVAC (2021), new flooring, new gutters and new 150-amp solar-ready electrical panel; many dual-pane windows/sliders. Bonus large accessory storage adjacent to the garage. Community amenities: pool, tennis courts and clubhouse ($40/mo).
No exterior & parking available.
Grades K-5 • 3.6 mi
Grades 6-8 • 4.7 mi
Grades 4-8 • 7.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 2,370 | 1,944 | 72% |
| Lot Size | 30,927 | 7,100 | 89% |
| Price | $959.0K | $875.0K | 66% |
| Price per sq ft | $405 | $469 | 18% |
| Built year | 1978 | 1989 | 25% |
| HOA | $33.0 | $106 | 46% |
| Days on market | 80 | 168 | 20% |
Apr 11, 2026
$959,000
$969,000
-1% Price Drop
Initial Listing
Feb 1, 2026
$969,000
Initial Listing
Nov 7, 2000
$250,000
Public Record