
Escondido, California 92029
This Single-Family Residence presents a High-Potential Investment Opportunity, listed at $1,147,000—positioned well below the $1,173,406 Fair Market Value by 2%. This valuation gap offers $26,406 in Instant Equity. With a Good Condition Rating, the home features owned solar, a newer roof, and LVP flooring. The expansive 38,332 sqft lot offers significant ADU potential, while the proximity to Bernardo Elementary adds long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3195 Purer Subject | $1,147,000* List Price | 3 | 3 | 2,175 | $539 | - |
A 1109 Via La Cuesta Sold | $1,125,000 | 4 | 2 | 2,070 | $543 | 0.6 mi |
B 2237 Eucalyptus Ave. Sold | $1,325,000 | 3 | 2 | 2,024 | $655 | 0.8 mi |
C 2071 Winamar Sold | $1,399,000 | 4 | 3 | 2,816 | $497 | 0.9 mi |
D 1229 Via Sendero Active | $1,275,000 List Price | 4 | 3 | 2,346 | $543 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained and move-in ready with significant recent updates including a newer roof, owned solar, new LVP flooring, and fresh interior/exterior paint. The bathrooms feature mid-range updates that are functional, and the major systems provide peace of mind, fitting the 5-15 year renovation profile for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38332, living area = 2175.
The nearly one-acre lot provides exceptional space for RV parking and significant potential for an ADU or generational living, a rare find in the Lake Hodges area.
The inclusion of owned solar panels and a newer roof offers immediate peace of mind and long-term utility cost savings for the homeowner.
Despite recent updates like LVP flooring, the 'original 60s charm'—including wood paneling and older brickwork—may require additional investment for buyers seeking a fully modern interior.
While the elementary school is highly rated, the assigned middle and high schools have average ratings, which may be a factor for education-focused families.
Full of warmth and character, this single-level 3 bedroom, 3 bathroom home sits on nearly an acre in the sought-after Lake Hodges area of Escondido. Original 60's charm meets thoughtful updates throughout, from newer LVP flooring to a freshly painted exterior and interior. The inviting family room features exposed wood beams, wood paneling, and a classic brick fireplace , while the adjacent living room offers even more space to gather. Tucked away on a quiet street, this is the kind of home where mornings start slow and evenings linger outdoors. The primary suite includes a walk-in shower and abundant closet space, and a second bedroom offers a private ensuite with walk-in shower. Enjoy the ease of owned solar and a newer roof, offering true peace of mind for years to come. Step outside to mature navel orange and tangerine trees create a peaceful retreat, while the expansive lot offers room for RV parking and exciting potential for an ADU or generational living. A two car garage with built-in cabinetry and a circular driveway complete the picture. With no HOA, this one-of-a-kind property offers space, flexibility, and endless possibility. Zoned for Bernardo Elementary, Bear Valley Middle, and San Pasqual High School, and just minutes from shopping, dining, and I-15, this is a rare opportunity to make this wonderful property your own.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 2.6 mi
Grades 4-8 • 6.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,175 | 2,064.88 |
| Lot Size | 38,332 | 11,184.88 |
| Price | $1.15M | $956.1K |
| Price per sq ft | $527 | $491 |
| Built year | 1964 | 1985 |
| HOA | $0 | $236 |
| Days on market | 26 | 47 |
Aug 14, 2026
$1,147,000
Initial Listing