341 N Melrose Drive, Vista, California 92083, Vista, 92083 - 3 bed, 2 bath
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341 N Melrose Drive
Vista, California 92083
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,298Sq Ft
73,616.398Lot Size
Property Price
LIST PRICE$539,000
EST. MARKET VALUE
$563,888
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $539,000—positioned well below the $563,888 Fair Market Value by 4%. This valuation gap offers $24,888 in Instant Equity for the buyer. Featuring a modern remodeled kitchen, brand-new flooring, and an Excellent Condition Rating, this home provides a stress-free lifestyle. With access to Vista Unified schools and community amenities like a sparkling pool, it is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready residence.
Estimated Market Value
$563,888+$24,888 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 N Melrose Drive Subject | $539,000* List Price | 3 | 2 | 1,298 | $434 | - |
A 379 N Melrose Sold | $535,000 | 3 | 2 | 1,298 | $412 | 0.0 mi |
B 345 N Melrose Dr C Sold | $553,000 | 3 | 2 | 1,298 | $426 | 0.0 mi |
C 383 N Melrose Drive G Sold | $530,000 | 3 | 2 | 1,298 | $408 | 0.0 mi |
D 359 N Melrose Drive H Sold | $512,500 | 2 | 2 | 1,152 | $445 | 0.0 mi |
E 694 Ascot Drive Sold | $575,000 | 3 | 3 | 1,365 | $421 | 0.3 mi |
F 317 N Melrose Dr G Sold | $449,900 | 2 | 2 | 1,172 | $384 | 0.1 mi |
G 313 N Melrose Sold | $447,000 | 2 | 2 | 1,172 | $381 | 0.1 mi |
H 333 N Melrose Drive E Active | $494,000 List Price | 2 | 2 | 1,172 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1980, the property has undergone a comprehensive recent remodel (likely <5 years) as evidenced by the brand-new flooring, modern kitchen with stone countertops and stainless steel appliances, and updated bathrooms. It is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features a fully remodeled kitchen, updated bathrooms, and brand-new flooring throughout, offering a turnkey, move-in-ready experience for buyers.
- Ground-Floor Accessibility
As a ground-level unit with a functional three-bedroom layout, it provides effortless access and spacious living rarely found in standard condominium offerings.
- Superior Parking Assets
The property includes a rare combination of a private one-car garage plus an additional uncovered parking space, addressing a common pain point in multi-family living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =73616, other record lot size in square feet = 73516. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1298, other record living area = 1152. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $620 is substantial and may impact the overall debt-to-income ratio and monthly affordability for budget-conscious buyers.
- Aging Infrastructure
Built in 1980, the complex may face long-term maintenance requirements or potential special assessments common in older common-interest developments.
About 341 N Melrose Drive
Welcome home to this beautifully remodeled ground floor condo in the heart of Vista, offering the perfect blend of comfort, style, and convenience. This move in ready home features an upgraded kitchen with modern finishes, beautifully remodeled bathrooms, and brand-new flooring throughout the bedrooms and bathrooms, creating a fresh and inviting feel from the moment you walk in. Enjoy the convenience of in unit laundry hookups, plus additional private storage located just off the patio. The functional floor plan offers comfortable living spaces with easy ground-level access, making everyday living effortless. The community also features a sparkling pool perfect for relaxing on warm San Diego County days. Parking is a breeze with your own private 1-car garage plus an additional uncovered parking space. Located in one of North County San Diego’s fastest growing communities, Vista is loved for its vibrant local culture, beautiful weather, and convenient location. Just minutes away, you’ll enjoy popular attractions like Downtown Vista with its trendy restaurants, breweries, coffee shops, and entertainment. Outdoor enthusiasts will love being close to hiking trails, parks, and only a short drive to the beaches of North County. Vista is also known for its strong sense of community, year round events, farmers markets, and easy access to major freeways for commuting throughout San Diego County. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this upgraded condo is the perfect place to call home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 73,616.398 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $620.0 / Month
Neighborhood Insights
Vista Unified Schools
Olive Elementary School
Grades K-5 • 0.3 mi
0/10
Madison Middle School
Grades 6-8 • 2.0 mi
5/10
Rancho Buena Vista High School
Grades 9-12 • 2.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,298 | 969.471 |
| Lot Size | 73,616.398 | 103,338.582 |
| Price | $539.0K | $497.8K |
| Price per sq ft | $415 | $507 |
| Built year | 1980 | 1987 |
| HOA | $620.0 | $477 |
| Days on market | 34 | 55 |
Pricing History
Listed for Sale
Aug 6, 2026
$539,000
Initial Listing
Sold
Sep 20, 2017
$280,000
Public Record
Sold
Aug 29, 2008
$125,000
Public Record
Sold
Mar 1, 2006
$318,000
Public Record
Sold
Aug 29, 2002
$195,500
Public Record
Sold
Feb 23, 1995
$67,000
Public Record