
Escondido, California 92029
This Remodeled Single Family Residence is a Strong Value Opportunity, listed at $1,099,995—positioned well below the $1,203,565 Fair Market Value by 8%. This valuation gap offers $103,570 in Instant Equity. Featuring a Mint Condition Rating, the home includes a remodeled kitchen, vaulted ceilings, and a versatile basement with ADU potential. Situated on a 0.76-acre lot with mountain views, this property is an ideal acquisition for Owner-Occupants seeking lifestyle flexibility or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3115 Bernardo Lane Subject 4 bd · 3 ba · 2,212 sqft · $497 | $1,099,795* List Price | 4 | 3 | 2,212 | $497 | - |
A 1109 Via La Cuesta Sold 4 bd · 2 ba · 2,070 sqft · $543 · 0.3 mi | $1,125,000 | 4 | 2 | 2,070 | $543 | 0.3 mi |
B 2313 Eucalyptus Avenue Sold 3 bd · 2 ba · 2,283 sqft · $613 · 0.9 mi | $1,400,000 | 3 | 2 | 2,283 | $613 | 0.9 mi |
C 1216 Via Ramon Sold 3 bd · 3 ba · 2,275 sqft · $476 · 0.3 mi | $1,083,000 | 3 | 3 | 2,275 | $476 | 0.3 mi |
D 2826 Calle De Malibu Sold 3 bd · 2 ba · 1,840 sqft · $603 · 0.5 mi | $1,110,000 | 3 | 2 | 1,840 | $603 | 0.5 mi |
E 3343 Vista De La Cresta Sold 3 bd · 3 ba · 2,489 sqft · $502 · 0.7 mi | $1,250,000 | 3 | 3 | 2,489 | $502 | 0.7 mi |
F 3121 Via Valesco Sold 4 bd · 3 ba · 2,509 sqft · $567 · 0.9 mi | $1,422,500 | 4 | 3 | 2,509 | $567 | 0.9 mi |
G 2826 Calle De Malibu Pending 3 bd · 2 ba · 1,840 sqft · $620 · 0.5 mi | $1,140,000 List Price | 3 | 2 | 1,840 | $620 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the home has undergone a comprehensive recent remodel within the last 5 years. It features a modern kitchen with quartz countertops and stainless appliances, updated tile showers, newer roof, dual-pane windows, and contemporary flooring throughout. The property is in mint, move-in-ready condition with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33105, living area = 2212.
Situated on a generous 0.76-acre lot near Lake Hodges, the property offers stunning mountain views and a massive backyard with endless possibilities for landscaping or recreation.
The large basement provides significant flexibility, functioning as a workshop or private office with the potential to be easily converted into an Accessory Dwelling Unit (ADU).
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2212, other record living area = 1958.
While the interior is heavily remodeled, the 1974 build date suggests that some underlying structural or utility components may eventually require maintenance compared to newer constructions.
The assigned middle and high schools carry average ratings of 5 and 6, which may be a drawback for families specifically seeking top-tier academic districts.
PRIVATE REMODELED HOME WITHIN MINUTES TO FREEWAY LOCATED NEXT TO LAKE HODGES ON ¾ ACRES WITH MOUNTAIN VIEWS, AMAZING SUNSETS, OPEN FLOOR PLAN, VAULTED CEILINGS, REMODELED KITCHEN, 24X15 PRIMARY BEDROOM, 15X10 CUSTOM CLOSET, LARGE BASEMENT, ARCADE ROOM, QUARTZ COUNTERS, NEWER ROOF, TILE SHOWERS, TINTED DUAL PANE WINDOWS, GIANT BACKYARD, KEYSTONE WALLS,SEPARATE LAUNDRY ROOM AND EPOXY GARAGE FLOORS. HOME FEATURE BASEMENT FOR WORKSHOP, MASSIVE STORAGE, PRIVATE OFFICE OR EASILY CONVERTED TO ADU SEPARATE LIVING ROOM, DINING ROOM AND FAMILY ROOM PERFECT FOR ENTERTAINING.! LOWER YARD HAS ENDLESS POSSIBIILITIES!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.0 mi
Grades 4-8 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,212 | 2,059.182 |
| Lot Size | 33,105 | 10,916.716 |
| Price | $1.10M | $960.7K |
| Price per sq ft | $497 | $487 |
| Built year | 1974 | 1986 |
| HOA | $0 | $228 |
| Days on market | 17 | 51 |
Oct 23, 2026
$1,099,795
$1,099,895
+0% Price Increase
Initial Listing
Oct 16, 2026
$1,099,895
$1,099,995
+0% Price Increase
Initial Listing
Oct 8, 2026
$1,099,995
Initial Listing
Oct 26, 2016
$605,000
Public Record
Jun 1, 2016
$432,500
Public Record