3140 Smith Place, Escondido, California 92027, Escondido, 92027 - 5 bed, 5 bath
3140 Smith Place
Escondido, California 92027
Property Price
SUMMARY
Analysis of 3140 Smith Place, Escondido, California 92027 reveals a Fairly Priced Property with a current list price of $1,269,990 aligned with the estimated $1,269,990 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Escondido Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3140 Smith Place Subject | $1,269,990* List Price | 5 | 5 | 3,130 | $406 | - |
A 3141 Smith Place Sold | $1,298,671 | 5 | 5 | 3,130 | $415 | 0.0 mi |
B 3120 Smith Place Sold | $1,250,000 | 4 | 3 | 2,620 | $477 | 0.0 mi |
C 3133 Smith Place Sold | $1,249,250 | 4 | 3 | 2,620 | $477 | 0.0 mi |
D 3132 Smith Place Sold | $1,200,000 | 4 | 3 | 2,620 | $458 | 0.0 mi |
E 2977 Rangpur Court Sold | $899,000 | 4 | 3 | 2,750 | $327 | 0.5 mi |
F 3150 Smith Place Active | $1,399,990 List Price | 5 | 5 | 3,130 | $447 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2025, making it brand new construction. The description highlights a modern kitchen with white cabinets and granite countertops, and the overall home is 'fully completed' and 'ready to move in.' The exterior image also reflects a contemporary design, indicating all components are new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction & Immediate Occupancy
Built in 2025 and described as 'fully completed, ready to move in,' this home offers modern design, new systems, and the convenience of immediate occupancy without the wait of new construction.
- Spacious & Luxurious Interior Layout
With 5 bedrooms and 5 bathrooms across 3130 sqft, the home boasts a generous layout. All bedrooms feature walk-in closets, and three, including the primary, offer private en-suite bathrooms, enhancing comfort and privacy.
- Modern Kitchen with Premium Finishes
The kitchen is equipped with desirable white cabinets and granite countertops, providing a contemporary and stylish space for cooking and entertaining.
CONSRISKS & DEFICIENCIES
- Substantial Monthly Association Fee
A monthly association fee of $372 represents a significant recurring cost that buyers must factor into their budget.
- Recent Price Adjustments
The listing has undergone multiple price changes, including a recent reduction, which could indicate initial overpricing or a slower-than-anticipated market response.
- Lack of Specific Community Amenities
Despite the substantial HOA fee, the property description does not detail what specific community amenities (e.g., pool, clubhouse, gym) are provided, which may be a consideration for buyers.
About 3140 Smith Place
Fully completed home, ready to move in located in a cul de sac. White kitchen cabinets, granite countertops, large back yard. All bedrooms have a walk-in closet. Primary bedroom and 2 other bedrooms have an ensuite bathroom. Wildfire Prepared home, Save money on fire insurance.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 11,112 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $372.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 3,130 | 1,820 | 88% |
| Lot Size | 11,112 | 7,300 | 78% |
| Price | $1.27M | $845.0K | 91% |
| Price per sq ft | $406 | $476 | 23% |
| Built year | 2025 | 1979 | 95% |
| HOA | $372.0 | $0 | 95% |
| Days on market | 98 | 162 | 17% |
Pricing History
Listed for Sale
Feb 1, 2026
$1,269,990
$1,285,139
-1% Price Drop
Initial Listing
Price Change
Dec 14, 2025
$1,285,139
$1,284,990
+0% Price Increase
Initial Listing
Price Change
Dec 7, 2025
$1,284,990
$1,274,990
+1% Price Increase
Initial Listing
Price Change
Nov 29, 2025
$1,274,990
Initial Listing