
Escondido, California 92026
This Spanish Mission-inspired Estate is a High-Potential Investment Opportunity, listed at $1,998,000—positioned well below the $2,099,514 Fair Market Value by 4%. This valuation gap offers $101,514 in Instant Equity. While holding a Well-Maintained Condition Rating, the home boasts panoramic ocean views, a pool and spa, and a 1,000-square-foot guest suite on over two acres of land. Located in the guard-gated Rimrock Estates near top-rated Quantum Academy, this property offers elite privacy and lifestyle. It is a premier choice for Multi-Generational Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28889 Anderson Subject | $1,998,000* List Price | 4 | 4 | 4,326 | $485 | - |
A 28889 Anderson Court Active | $1,998,000 List Price | 4 | 4 | 4,326 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is exceptionally well-maintained but remains largely in its original style. The kitchen features dated tile countertops and older cabinetry, and the home retains original Saltillo tile flooring throughout. While it is move-in ready with some updated high-end appliances, it has not undergone an extensive renovation in the last 15 years, fitting the criteria for a functional but stylistically outdated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 94525, living area = 4326.
Perched at 1,750 feet elevation, the property offers breathtaking south- and west-facing vistas of the Pacific Ocean, golden sunsets, and rolling mountain landscapes.
Includes a 1,000-square-foot attached guest suite with a private entrance, office, and laundry hookups, perfect for multi-generational living or rental opportunities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =94525, other record lot size in square feet = 93218.
Built in 1989, the property may require significant interior modernizing and system upgrades to compete with newer luxury estates in the area.
The property is located a considerable distance from local schools, most of which carry average ratings, potentially impacting its appeal to families with school-aged children.
Tucked within the private guard-gated community of Rimrock Estates, 28889 Anderson Court offers a rare opportunity to experience one of North County’s best-kept secrets. Set among gorgeous custom estates on expansive parcels, this exclusive enclave is defined by vast panoramic vistas, ocean views, and exceptional privacy—a peaceful retreat where residents enjoy space, security, and a deep connection to nature. Often compared to Rancho Santa Fe for its estate-style living, Rimrock Estates offers a compelling alternative with remarkable value while maintaining the same sense of prestige, tranquility, and lifestyle appeal. Perched at approximately 1,750 feet above sea level, the property enjoys breathtaking south- and west-facing views, capturing golden sunsets, distant ocean horizons, and rolling mountain landscapes. The elevated setting creates a unique microclimate ideal for lush landscaping and offers endless possibilities for expanding the grounds. A long private driveway and classic porte-cochère arrival set the tone for the residence, where timeless Spanish Mission-inspired architecture blends seamlessly with the surrounding natural beauty. The home offers four bedrooms, including a spacious primary suite with sweeping views, and can easily live as a three-bedroom main residence with a 1,000-square-foot attached guest suite—perfect for multi-generational living, guests, or a private office or rental opportunity. The guest suite includes its own private entrance, bedroom, bathroom, office space, laundry hookups, and pre-installed plumbing and 220 electric for a futur
No exterior & parking available.
Grades K-6 • 3.8 mi
Grades K-5 • 4.1 mi
Grades 6-8 • 5.2 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 | 4,326 | 1,944 | 99% |
| Lot Size | 94,525 | 7,100 | 95% |
| Price | $2.00M | $875.0K | 99% |
| Price per sq ft | $462 | $469 | 44% |
| Built year | 1989 | 1989 | 50% |
| HOA | $250.0 | $109 | 73% |
| Days on market | 26 | 168 | 4% |
Mar 27, 2026
$1,998,000
Initial Listing
Dec 29, 1997
$376,000
Public Record