363 N Melrose, Vista, California 92083, Vista, 92083 - 3 bed, 2 bath
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Vista, California 92083
This Turnkey Condominium is a Strong Value Opportunity, listed at $539,000—positioned well below the $560,890 Fair Market Value by 3%. This valuation gap offers $21,890 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled kitchen, updated bathrooms, and newer flooring, this home offers a stress-free lifestyle. Residents enjoy premium amenities including pools, spas, and tennis courts. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 363 N Melrose Subject | $499,000* List Price | 3 | 2 | 1,298 | $415 | - |
A 345 N Melrose Dr C Sold | $553,000 | 3 | 2 | 1,298 | $426 | 0.0 mi |
B 379 N Melrose Sold | $535,000 | 3 | 2 | 1,298 | $412 | 0.0 mi |
C 359 N Melrose Drive H Sold | $512,500 | 2 | 2 | 1,152 | $445 | 0.0 mi |
D 317 N Melrose Dr G Sold | $449,900 | 2 | 2 | 1,172 | $384 | 0.1 mi |
E 383 N Melrose Drive G Sold | $530,000 | 3 | 2 | 1,298 | $408 | 0.0 mi |
F 383 N Melrose Drive F Sold | $485,000 | 2 | 2 | 1,152 | $421 | 0.0 mi |
G 313 N Melrose Sold | $447,000 | 2 | 2 | 1,172 | $381 | 0.1 mi |
H 694 Ascot Drive Sold | $575,000 | 3 | 3 | 1,365 | $421 | 0.3 mi |
I 333 N Melrose Drive E Active | $499,000 List Price | 2 | 2 | 1,172 | $426 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The unit has undergone a comprehensive recent renovation (likely <5 years) including a remodeled kitchen with quartz countertops, fully updated bathrooms with walk-in showers and new vanities, and newer laminate flooring throughout. Systems are well-maintained with a recently serviced furnace, meeting the criteria for mint condition and move-in readiness despite the 1980 build date.
The unit features a fully remodeled kitchen with quartz countertops and a newer island, along with tastefully updated bathrooms and newer laminate flooring throughout, offering a move-in-ready experience.
As a ground-floor end unit situated in a quiet interior area of the complex, the property provides enhanced privacy and easy accessibility compared to interior or upper-level units.
The inclusion of a detached one-car garage, an additional permitted parking space, and a large private patio with a dedicated storage closet provides significant utility rarely found in condo living.
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.
The association fee of $620 per month is relatively high, which may impact the overall monthly affordability and appeal for budget-conscious buyers.
Despite its prime interior location, the property lacks any significant views, which may be a drawback for buyers seeking aesthetic or natural surroundings.
New Price, Seller says Lets Go! 3bedrooms 2bathrooms. FHA/VA Approved Complex! Gorgeous, well-maintained, light/bright ground-floor end unit located in a highly desirable, quiet interior area of the complex, just steps from the pool, spa, and tennis courts. This open-concept home features numerous upgrades throughout, including a remodeled kitchen w/quartz countertops, newer island, garbage disposal, Whirlpool gas stove, and updated lighting. Additional improvements include newer laminate flooring and baseboards throughout the unit. Both bathrooms have been tastefully updated w/walk-in shower enclosures, new glass doors, quartz-topped vanities, updated mirrors, lighting, and exhaust fans. The living room offers a cozy wood-burning fireplace, creating a warm and inviting atmosphere. The in-unit laundry area includes a newer full-size Samsung washer and dryer. The spacious primary bedroom features a large walk-in closet. The furnace was professionally serviced in May 2026. This home includes two parking spaces: a detached one-car garage conveniently located just steps from the private patio gate, plus one permitted uncovered parking space. The large private patio has been freshly painted and includes a generous storage closet. Residents enjoy access to two pools, spas, tennis courts, and a clubhouse. Conveniently located near downtown Vista, shopping, restaurants, and Highway 78. A must see!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,298 | 1,072.5 |
| Lot Size | - | 46,173.6 |
| Price | $499.0K | $515.7K |
| Price per sq ft | $384 | $485 |
| Built year | 1980 | 1988 |
| HOA | $620.0 | $428 |
| Days on market | 40 | 55 |
Jul 16, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Jul 2, 2026
$525,000
$539,000
-3% Price Drop
Initial Listing
Jun 12, 2026
$539,000
Initial Listing
May 20, 2024
$510,000
Public Record
Nov 7, 2022
$484,000
Public Record
Jun 11, 2018
$315,000
Public Record
Nov 16, 2010
$124,000
Public Record
Feb 4, 2005
$310,000
Public Record