
San Marcos, California 92078
This Rare Ranch-Style Home is a High-Potential Investment Opportunity, listed at $1,299,000—positioned slightly above the $1,259,900 Fair Market Value. While the price reflects the premium of the gated Walnut Hills location, the property’s Mint Condition Rating and massive 34,848 sqft lot provide significant long-term value. Featuring a Single-Story Layout and Expansive Usable Lot, this home offers rare flexibility for an ADU or resort-style upgrades. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, private sanctuary near North City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 465 Silver Shadow Subject | $1,299,000* List Price | 4 | 3 | 2,544 | $495 | - |
A 235 Walnut Hills Dr Active | $1,649,000 List Price | 3 | 3 | 2,492 | $662 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property has undergone fresh interior updates including new wide-plank flooring, modern baseboards, and crisp paint throughout. The home presents in mint, move-in-ready condition consistent with a high-quality renovation completed within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34848, living area = 2544.
Situated on nearly one flat acre, this rare lot offers immense flexibility for a resort-style pool, ADU, or RV parking, providing a significant value-add that is increasingly difficult to find in North County.
The ranch-style architecture features soaring vaulted ceilings and a seamless indoor-outdoor flow, catering to the high market demand for accessible and spacious single-level living.
Built in 1990, the property may require capital expenditure for original major systems like the roof or HVAC, which may not be covered by the recent cosmetic interior updates.
With school ratings ranging from 6 to 7, the local district is reputable but may not be as competitive for buyers specifically prioritizing the highest-ranked educational tiers in the region.
If you've been searching for space, privacy, and single-story living without sacrificing convenience, this is the opportunity you've been waiting for. Tucked behind the gates of Walnut Hills, this rare ranch-style home sits on nearly one flat, usable acre - a combination that's becoming increasingly difficult to find in North County. Designed for the way people want to live, the home welcomes you with soaring vaulted ceilings, expansive living spaces, and walls of glass that flood the interior with natural light while creating a seamless connection to the outdoors. Fresh interior updates complement the home's timeless architecture while allowing its exceptional floor plan, lot, and setting to take center stage. It's not just the home that's rare, it's what the land allows you to do. Imagine a resort-style pool, ADU, garden, RV parking, or incredible outdoor entertaining spaces, all while enjoying the privacy and flexibility of nearly an acre. Just minutes from CSU San Marcos and the transformative North City development, you'll enjoy the peace of an established gated neighborhood while being moments from one of North County's most exciting growth stories, with new restaurants, shopping, parks, and entertainment continuing to shape the future of the area. Opportunities like this rarely come along. Don't miss out!
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,544 | 2,311.5 |
| Lot Size | 34,848 | 6,534 |
| Price | $1.30M | $1.19M |
| Price per sq ft | $511 | $556 |
| Built year | 1990 | 2002 |
| HOA | $175.0 | $148 |
| Days on market | 12 | 45 |
Jul 10, 2026
$1,299,000
Initial Listing
Jan 30, 1997
$285,000
Public Record