
Bonsall, California 92003
This Spacious Single-Level Residence represents a High-Potential Investment Opportunity, listed at $2,490,000—positioned above the $2,236,154 Fair Market Value. While currently priced for the premium gated community of Lake Vista Estates, the property offers significant upside through modernization. Featuring a 4,018 square foot layout on a 2-acre lot, the home provides a Condition Rating of 4, balancing a solid foundation with the need for cosmetic updates. With proximity to Bonsall Elementary (Rating 8), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private, scenic estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31396 Lake Vista Circle Subject 4 bd · 4 ba · 4,018 sqft · $468 | $2,300,000* List Price | 4 | 4 | 4,018 | $468 | - |
A 31481 Lake Vista Circle Sold 4 bd · 6 ba · 5,142 sqft · $408 · 0.2 mi | $2,100,000 | 4 | 6 | 5,142 | $408 | 0.2 mi |
B 31499 Lake Vista Cir Sold 4 bd · 6 ba · 5,546 sqft · $406 · 0.3 mi | $2,250,500 | 4 | 6 | 5,546 | $406 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 36-year-old home is well-maintained and move-in ready with recent interior paint, but features a dated aesthetic. The tile flooring, oak cabinetry visible in the bathroom, and overall finishes reflect its original era and would benefit from cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87120, living area = 4018.
Situated on a generous 2-acre lot within an exclusive gated community, the property offers exceptional privacy, mature landscaping, and a peaceful rural atmosphere in North San Diego County.
The 4,018-square-foot single-story layout features wide hallways, high beamed ceilings, and an open floor plan that maximizes natural light and accessibility for all stages of life.
With only three bedrooms for over 4,000 square feet of living space, the home may not accommodate larger families or buyers requiring multiple dedicated guest suites.
Built in 1990, the home features some original architectural elements like French windows and older styling that may require further capital investment to meet modern luxury aesthetic standards.
Set within the exclusive gated community of Lake Vista Estates, this single level Bonsall home enjoys approximately 2 acres, beautiful views, and a peaceful setting surrounded by mature landscaping. The community is known for its custom homes, lush grounds, gated access, and spacious properties, creating a quiet residential setting in the hills of North San Diego County. At 4,018 square feet, the home is bright and open with wide hallways, beamed ceilings, French windows, and generous living areas. Two fireplaces add warmth and character, while the kitchen with granite countertops connects easily to the dining and family rooms. Large windows bring in natural light and take advantage of the greenery and scenery outside. The primary suite is generously sized, with additional rooms providing flexibility for guests, an office, hobbies, or multigenerational living. A gazebo provides a comfortable place to enjoy the grounds, complemented by established landscaping and an upgraded irrigation system. Recent improvements include fresh interior paint, enhanced landscaping and irrigation, and water leak control. Lake Vista Estates also offers street lighting, a community park, hiking opportunities, and convenient access to Highway 76 and I-15, with Oceanside and the North County coast within easy reach.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 4.0 | 4.4 |
| Square foot | 4,018 | 3,976.059 |
| Lot Size | 87,120 | 100,633.212 |
| Price | $2.30M | $1.64M |
| Price per sq ft | $572 | $438 |
| Built year | 1990 | 1993 |
| HOA | $180.0 | $229 |
| Days on market | 32 | 67 |
Oct 21, 2026
$2,300,000
$2,390,000
-4% Price Drop
Initial Listing
Oct 8, 2026
$2,390,000
$2,490,000
-4% Price Drop
Initial Listing
Sep 22, 2026
$2,490,000
Initial Listing
Jan 17, 2017
$860,000
Public Record