3381 Sherwood Lane, San Marcos, California 92078, San Marcos, 92078 - 3 bed, 3 bath

3381 Sherwood Lane, San Marcos, California 92078 home-pic-0
ACTIVE$899,000$1,510/sqft
Est. Value: $952,042
5%
BelowEstimate
3381 Sherwood Lane, San Marcos, California 92078
3Beds
3Baths
1,510Sqft
5,200Lot

Price Vs. Estimate

The estimated value ($952,041.8) is $53,041.8 (5%) higher than the list price ($899,000). This property may be underpriced.

Key pros and cons

Top Pros:
Energy Efficiency & Cost Savings: The property features a Tex coat exterior for enhanced energy efficiency and Tesla solar panels on a $65/month subscription, offering reduced utility costs.
Top Cons:
Solar Panel Subscription Model: The Tesla solar panels are on a subscription model ($65/month), which is an ongoing cost rather than a fully owned asset, potentially impacting long-term value perception for some buyers.

Compared to the nearby listings

Price:$899.0K vs avg $1.23M ($-326,000)13%
Size:1,510 sqft vs avg 2,211 sqft15%
Price/sqft:$595 vs avg $56467%

More Insights

Built in 1996 (30 years old).
Condition: Built in 1996, this home benefits from recent and significant cosmetic updates, including new kitchen appliances, freshly painted kitchen cabinets, and brand new neutral carpet throughout, making it move-in ready. While the bathrooms show signs of being dated with original-style cabinetry and fixtures, they are clean and functional. The property also features energy-efficient upgrades like a Tex coat exterior and Tesla solar panels, indicating good maintenance and pride of ownership. These updates elevate its condition beyond 'Fair', despite the age of some components.
Year Built
1996
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$595
HOA
$95
Days on market
-
Sold On
-
MLS number
NDP2600345
Home ConditionGood
Features
Good View: City Lights, Hills, Neighborhood
Patio
ViewCity Lights,Hills,Neighborhood

About this home

Nestled in the California Showcase community* Beautiful 3 bedroom home offers the perfect blend of modern efficiency & serene hillside living. New kitchen appliances * Freshly painted cabinets* Situated on a desirable corner lot, the residence features a Tex coat exterior that enhances energy efficiency,complemented by Tesla solar panels on subscription $65 a month solar living at its finest* Spacious 2-car garage.Enjoy the private backyard, best elevated location. Brand new neutral carpet throughout.Low HOA fee *Half-court basketball for active lifestyles* Located in the exceptional San Marcos school district*This sought-after home blends comfort, efficiency, and location—perfect for anyone seeking a serene Southern California lifestyle and ocean breezes. Pride of ownership is obvious here.

C
Cynthia Schlosser
Listing Agent

Nearby schools

3/10
Alvin M. Dunn Elementary School
Public,K-60.9mi
5/10
San Marcos Middle School
Public,6-82.6mi
7/10
San Marcos High School
Public,9-120.8mi

Price History

Date
Event
Price
10/31/95
Sold
$156,000
Condition Rating
Good

Built in 1996, this home benefits from recent and significant cosmetic updates, including new kitchen appliances, freshly painted kitchen cabinets, and brand new neutral carpet throughout, making it move-in ready. While the bathrooms show signs of being dated with original-style cabinetry and fixtures, they are clean and functional. The property also features energy-efficient upgrades like a Tex coat exterior and Tesla solar panels, indicating good maintenance and pride of ownership. These updates elevate its condition beyond 'Fair', despite the age of some components.
Pros & Cons

Pros

Energy Efficiency & Cost Savings: The property features a Tex coat exterior for enhanced energy efficiency and Tesla solar panels on a $65/month subscription, offering reduced utility costs.
Exceptional School District: Located within the highly-regarded San Marcos school district, a significant draw for families seeking quality education.
Recent Cosmetic Updates: Includes new kitchen appliances, freshly painted cabinets, and brand new neutral carpet throughout, providing a move-in ready aesthetic.
Desirable Location & Views: Situated on an elevated corner lot in a serene hillside community, offering ocean breezes and views of city lights, hills, and the neighborhood.
Community Amenities & Low HOA: Benefits from a low HOA fee and community amenities like a half-court basketball court, enhancing lifestyle without high recurring costs.

Cons

Solar Panel Subscription Model: The Tesla solar panels are on a subscription model ($65/month), which is an ongoing cost rather than a fully owned asset, potentially impacting long-term value perception for some buyers.
Lower-Rated Elementary School: While the overall district is strong, the assigned Alvin M. Dunn Elementary School has a rating of 3, which might be a concern for families with young children.
Potential for Original Major Systems: Built in 1996, the description highlights cosmetic and energy updates but does not specify recent upgrades to major systems like HVAC, water heater, or roof, which could imply future capital expenditures.
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