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31241 Old River Road, Bonsall, California 92003, Bonsall, 92003 - 3 bed, 2 bath

31241 Old River Road, Bonsall, California 92003 home-pic-0
ACTIVE$1,165,000
31241 Old River Road, Bonsall, California 92003
3Beds
2Baths
2,861Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,260,968.24) is $95,968.24 (8%) higher than the list price ($1,165,000). 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 = 13068, living area = 2861.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 12725.

Compared to the nearby listings

Price:$1.17M vs avg $1.50M ($-332,632.5)31%
Size:2,861 sqft vs avg 2,842 sqft53%
Price/sqft:$407 vs avg $48722%

More Insights

Built in 1977 (48 years old).
Condition: The property, built in 1977, has undergone significant and recent renovations, particularly evident in the kitchen which features modern dark shaker cabinets, white solid-surface countertops, a subway tile backsplash, and contemporary stainless steel appliances including a prominent range hood. The flooring throughout the main living areas has been updated to a light wood-look LVP, and lighting fixtures are modern. The entryway and staircase also show updated finishes. While the core structure is older, these extensive cosmetic updates, along with the addition of an ADU with its own A/C and solar panels, make the home move-in ready with a modern aesthetic. The absence of specific details or images for the main house bathrooms and the main house's cooling system prevents an 'Excellent' rating, as some underlying systems may still be original or require future attention.
Year Built
1977
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$407
HOA
-
Days on market
-
Sold On
-
MLS number
IG25250197
Home ConditionGood
Features
View-

About this home

Beautiful Bonsall Home with Attached ADU and Fruit-Filled Garden Oasis. Welcome to your dream home in the heart of beautiful Bonsall, California! This stunning and versatile property offers 3 bedrooms and 3 bathrooms, plus an attached ADU with its own private entrance, yard, A/C, and washer and dryer—perfect for guests, in-laws, or additional rental income. The ADU is currently rented for $2,500 per month (utilities included), providing a fantastic investment opportunity. Step inside to a grand entrance that opens to an expansive open-concept living area featuring remodeled flooring, modern lighting, and two cozy fireplaces. The home also includes two master suites, one of which features a mini kitchen and sliding door access to the backyard—ideal for a home office or multi-generational living setup. Enjoy the best of Southern California’s indoor-outdoor lifestyle in the lush backyard, complete with a variety of mature fruit trees, including lime, lemon, pomegranate, Chinese persimmon, apple, and peach. This energy-efficient home comes equipped with solar panels and offers multiple layout options—it can easily be configured as a 4-bedroom home with a grand living room, dining room, and family room, or maintained as a 3-bedroom with a private office, dining area, and fully contained ADU. Located just off Highway 76 and only 15 minutes from the ocean, this property perfectly balances serene country living with convenient access to the coast and city amenities. Highlights: * 3 Bedrooms / 3 Bathrooms * Attached ADU with Private Yard & Entrance * $2,500 Monthly ADU Rental Income (All Utilities Included) * Solar-Powered Energy Efficiency * 2 Master Suites + Office / Optional 4th Bedroom * Upgraded Flooring & Lighting * Fruit Trees: Lime, Lemon, Pomegranate, Persimmon, Apple, Peach * 2 Fireplaces & Open Concept Living * Prime Bonsall Location – Minutes to Highway 76 & 15 Minutes to the Ocean 2 sets of washer and dryer area.

Nearby schools

8/10
Bonsall Elementary School
Public,•K-5•0.4mi
7/10
Norman L. Sullivan Middle School
Public,•6-8•2.7mi
5/10
Bonsall High
Public,•9-12•2.7mi
5/10
Fallbrook High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
10/17/23
Sold
$915,000
10/09/20
Sold
$524,100
10/16/13
Sold
$440,000
Condition Rating
Good
The property, built in 1977, has undergone significant and recent renovations, particularly evident in the kitchen which features modern dark shaker cabinets, white solid-surface countertops, a subway tile backsplash, and contemporary stainless steel appliances including a prominent range hood. The flooring throughout the main living areas has been updated to a light wood-look LVP, and lighting fixtures are modern. The entryway and staircase also show updated finishes. While the core structure is older, these extensive cosmetic updates, along with the addition of an ADU with its own A/C and solar panels, make the home move-in ready with a modern aesthetic. The absence of specific details or images for the main house bathrooms and the main house's cooling system prevents an 'Excellent' rating, as some underlying systems may still be original or require future attention.
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 = 13068, living area = 2861.
Income-Generating ADU: The property includes an attached Accessory Dwelling Unit (ADU) with a private entrance and yard, currently generating $2,500 per month in rental income, offering significant financial benefit or multi-generational living flexibility.
Energy Efficiency: Equipped with solar panels, the home offers reduced energy costs and appeals to environmentally conscious buyers.
Versatile Living Spaces: Features two master suites and a flexible layout that can be configured as a 4-bedroom home or include a private office, catering to diverse family needs and lifestyles.
Lush Outdoor Oasis: The backyard boasts a variety of mature fruit trees (lime, lemon, pomegranate, persimmon, apple, peach), providing a unique and enjoyable outdoor living experience.
Strategic Location: Situated in Bonsall, the property offers a balance of serene country living with convenient access to Highway 76 and is only 15 minutes from the ocean.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13068, other record lot size in square feet = 12725.
Property Age & Potential System Updates: Built in 1977, while some cosmetic updates like flooring and lighting are mentioned, the core systems and infrastructure may be original or require significant upgrades not detailed, potentially leading to future maintenance costs.
Unspecified Main House Cooling System: The description highlights A/C for the ADU but does not explicitly mention a cooling system for the main house, which could be a significant comfort concern during warmer months in Southern California.
Proximity to Highway: Being 'just off Highway 76' could introduce potential traffic noise, which might detract from the 'serene country living' experience for some buyers, depending on exact proximity and sound mitigation.

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