29737 39 Margale Ln, Vista, California 92084, Vista, 92084 - 4 bed, 4 bath
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Vista, California 92084
This Versatile Multi-Generational Estate is a Strong Value Opportunity, with a List Price of $1,450,000—positioned well below the $1,542,519 Fair Market Value by 5%. This valuation gap provides $92,519 in Instant Equity. Featuring a Condition Rating of 4, the property includes a main residence plus a separate 1-bedroom guest house for rental income. Set on 1.5 usable acres in the Bonsall School District, it offers Mountain Views and horse-zoned land. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking dual-living functionality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29737 39 Margale Ln Subject | $1,450,000* List Price | 4 | 4 | 3,706 | $416 | - |
A 3068 Southwind Lane Pending | $1,248,000 List Price | 3 | 4 | 3,644 | $342 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1999 and appears to be in well-maintained, move-in ready condition; however, it lacks recent major renovations. The kitchen and bathrooms feature original 25-year-old finishes, including oak cabinetry, tile countertops, and dated light fixtures. While the home is functional and clean, the overall style and components are aged and show signs of being outdated, consistent with the 'Fair' classification for properties of this age without significant modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 65775, living area = 3706.
The property features a fully separate 1-bedroom guest house with its own address, private entrance, and laundry, making it ideal for rental income or multi-generational living.
The 1.5-acre lot is fully usable and zoned for horses, offering rare flexibility for equestrian use, gardening, or further outdoor development in a scenic setting.
The expansive 1.5-acre grounds, mature landscaping, and dual residential structures necessitate substantial ongoing time and financial investment for proper upkeep.
The secluded, peaceful setting may result in longer commute times and limited immediate proximity to major shopping, dining, and urban employment hubs.
Rare 1.5-acre estate in the highly sought-after Bonsall school district featuring a spacious main residence plus a fully separate 1 bed, 1 bath guest house with its own address, private entrances, balcony, and in-unit washer/dryer. Ideal for multi-generational living or rental income. The main home offers approx. 2,900 sq ft with 4 bedrooms and 2.5 baths, complemented by scenic views of the surrounding hills, a 3-car garage, and well-maintained grounds. The property is fully usable with horses allowed, fenced backyard, and mature landscaping with irrigation. Additional highlights include full indoor fire sprinkler system and a flexible layout that offers privacy and functionality. Peaceful, rural setting with convenient access to nearby amenities. Rare opportunity to own a versatile estate property on approximately 1.5 acres in the highly desirable Bonsall school district. This well-maintained property offers a total of approximately 3,700 sq ft of living space, including a spacious main residence and a fully separate 1 bed, 1 bath guest house with its own address, private entrances, balcony, and in-unit stackable washer and dryer. The main home features generous living spaces, 4 bedrooms, 3+ bathrooms, and picturesque views of the surrounding rolling hills, creating a peaceful and private setting. Built in 1999 with quality construction, the home also includes a 3-car garage and ample additional parking. The property is ideal for multi-generational living, rental income, or extended guest use. The land is usable and zoned for rural living with horses allowed, offering flexibility for a variety of lifestyles. The backyard is fully fenced, with mature landscaping and irrigation already in place. Additional features include full indoor fire sprinkler system for added safety, well-maintained grounds, and a layout that balances privacy with functionality. Located in a quiet, scenic area with easy access to surrounding North County communities, this is a unique property that combines space, income potential, and lifestyle in one offering.
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades 6-8 • 2.9 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 3,706 | 1,880 | 95% |
| Lot Size | 65,775 | 19,249 | 87% |
| Price | $1.45M | $950.0K | 89% |
| Price per sq ft | $391 | $502 | 14% |
| Built year | 1999 | 1979 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 162 | 5% |
Mar 21, 2026
$1,450,000
Initial Listing
May 29, 2009
$580,000
Public Record
Jan 19, 2007
$750,000
Public Record