
Escondido, California 92026
This Value-Add Residential Asset is listed at $599,900, relative to a $441,677 Fair Market Value. With a Condition Rating of 5, the property necessitates a comprehensive cosmetic update to modernize the 1980s finishes. The asset is situated on a Prime Corner Lot and includes a functional 3-bedroom floor plan with a Pergola. Located in the Escondido Union district, market trends show comparable renovated homes selling for over $635,000, providing a clear path for forced appreciation. This is a strategic project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 344 Elkhorn Lane Subject | $599,900* List Price | 3 | 2 | 1,256 | $352 | - |
A 2202 Village Road Sold | $635,000 | 4 | 2 | 1,431 | $444 | 0.4 mi |
B 1811 Lynx Glen Sold | $510,000 | 2 | 2 | 1,425 | $358 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (>30 years old) with no evidence of major renovations. The kitchen and bathrooms retain original 1980s character, including dated cabinetry and tile. The listing description confirms it needs cosmetic updates and a 'vision' for rehab to reach its potential.
Situated on a desirable corner lot, the property offers enhanced privacy, better curb appeal, and a more spacious feel compared to standard interior lots.
With 'great bones' and a functional 3-bedroom layout, this home presents a prime opportunity for buyers or investors to build equity through cosmetic updates and modernization.
The private, fenced-in back patio featuring a pergola provides an immediate, usable space for outdoor entertaining and relaxation.
The home retains much of its original 1985 character and requires a comprehensive cosmetic overhaul to meet modern buyer expectations.
Given the original condition of the home, buyers should anticipate the need for potential investments in aging mechanical systems or appliances.
Welcome to this charming 3-bedroom, 2-bath home situated on a desirable corner lot in Escondido. Offering great bones and endless potential, this property is the perfect opportunity for buyers looking to create their dream home with a little vision and updating. The functional layout includes a spacious living area, well-sized bedrooms, and a 2-car garage for added convenience. Step outside to a private, fenced-in back patio featuring a pergola—an ideal space for relaxing, entertaining, or transforming into your own outdoor retreat. While the home reflects its original character and could use some cosmetic updates, it presents a fantastic chance to customize and add value in a sought-after location. Whether you're an investor or a homeowner ready to make it your own, this property is full of possibilities. Don’t miss the opportunity to bring your ideas and make this home truly shine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,256 | 1,917 | 12% |
| Lot Size | 5,975 | 7,100 | 37% |
| Price | $599.9K | $867.5K | 4% |
| Price per sq ft | $478 | $471 | 53% |
| Built year | 1985 | 1989 | 36% |
| HOA | $0 | $106 | 47% |
| Days on market | 4 | 168 | 4% |
Apr 18, 2026
$599,900
Initial Listing