371 N Melrose Drive D, Vista, California 92083, Vista, 92083 - 2 bed, 2 bath
371 N Melrose Drive D
Vista, California 92083
Property Price
SUMMARY
Analysis of 371 N Melrose Drive D, Vista, California 92083 is currently available with a list price of $455,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Vista Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1980, this condo has undergone significant cosmetic updates, including new wood-look laminate flooring throughout, fresh paint, updated kitchen countertops, backsplash, sink, and faucet, and modern touches in the bathrooms (mirrors, shiplap accent walls). While the kitchen appliances are white and the cabinet style is older, they appear functional and well-maintained. The property is move-in ready with no immediate renovation required, aligning with a 'Good' condition score, despite its age, due to these recent updates.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready & Well-Maintained
This condo is described as 'beautifully maintained' and 'move-in ready,' suggesting minimal immediate investment for the new owner.
- Desirable Interior Features
Boasts vaulted ceilings, a striking stacked stone gas fireplace, abundant natural light, an open-concept layout, a spacious primary suite with a huge walk-in closet, and convenient in-unit washer/dryer.
- Excellent Community Amenities
Melrose Park offers fantastic amenities including a community pool, spa, and tennis courts, enhancing lifestyle and property value.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $640.0 is substantial and adds significantly to the overall cost of homeownership.
- Age of Property
Built in 1980, the property is over 40 years old, which may imply potential for future maintenance or system updates compared to newer constructions.
- Potential Lack of Central Cooling
The description does not explicitly mention a central air conditioning system, which could be a drawback during warmer months in Southern California.
About 371 N Melrose Drive D
SELLER FINANCING IS AVAILABLE! Seller may carry with acceptable terms. Call for details. Spacious, Move-In Ready Condo in Desirable Melrose Park! Welcome to this beautifully maintained upper-level 2 bed / 2 bath condo in the sought-after Melrose Park community! This bright and airy unit boasts vaulted ceilings, a striking stacked stone gas fireplace, and abundant natural light throughout. The open-concept layout features a dining area that flows seamlessly from the kitchen, perfect for entertaining or casual living. Enjoy your morning coffee or evening meals on the private patio offering a convenient indoor/outdoor experience. The spacious primary suite includes a huge walk-in closet and ensuite bath. Additional features include an in-unit washer/dryer, detached one-car garage, and an extra assigned parking space. Melrose Park offers fantastic amenities such as a community pool, spa, and tennis courts. Ideally located near top-rated schools, parks, shopping centers, and with easy access to major freeways, this home is perfect as a starter residence or an investment opportunity. Don’t miss out — this one won’t last long!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $640.0 / Month
Neighborhood Insights
Vista Unified Schools
Olive Elementary School
Grades K-5 • 0.3 mi
Madison Middle School
Grades 6-8 • 2.0 mi
Rancho Buena Vista High School
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,152 | 50% |
| Lot Size | - | 101,494.797 | 22% |
| Price | $455.0K | $485.0K | 33% |
| Price per sq ft | $395 | $421 | 22% |
| Built year | 1980 | 1980 | 50% |
| HOA | $640.0 | $540 | 89% |
| Days on market | 198 | 219 | 44% |
Pricing History
Listed for Sale
Mar 3, 2026
$455,000
$479,000
-5% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$479,000
$494,000
-3% Price Drop
Initial Listing
Price Change
Oct 25, 2025
$494,000
Initial Listing
Price Change
Aug 21, 2025
$499,000
Initial Listing