525 W El Norte Parkway Spc 203, Escondido, California 92026, Escondido, 92026 - 3 bed, 2 bath

525 W El Norte Parkway Spc 203, Escondido, California 92026 home-pic-0
ACTIVE$569,000
525 W El Norte Parkway Spc 203, Escondido, California 92026
3Beds
2Baths
1,500Sqft
2,460,881Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Land Ownership & No Space Rent: A significant financial advantage for a manufactured home, as it includes land ownership and eliminates recurring space rent.
Top Cons:
Age-Restricted Community: The 55+ community restriction significantly narrows the potential buyer pool, which could impact market demand and resale flexibility.

Compared to the nearby listings

Price:$569.0K vs avg $899.0K ($-330,000)2%
Size:1,500 sqft vs avg 2,055 sqft26%
Price/sqft:$379 vs avg $46917%

More Insights

Built in 2020 (5 years old).
Condition: This property was built in 2020, making it virtually new. The listing explicitly states 'immaculate condition with upscale upgrades to kitchen and baths,' including a 'professional Zline range,' custom countertops, and new tile backsplash. The images confirm a modern, high-quality kitchen with stainless steel appliances, contemporary white shaker cabinets, and stylish finishes. Flooring is a mix of modern LVP and clean carpet. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2020
Close
-
List price
$569K
Original List price
$575K
Price/Sqft
$379
HOA
$302
Days on market
-
Sold On
-
MLS number
NDP2501109
Home ConditionExcellent
Features
View

About this home

You are invited! Come see this charming home in Rancho Escondido, in a land owned, 55+ Community! No space rent! Almost new, late model 2020 Silvercrest home features 3 bedrooms, 2 baths, and 1500 square feet of single-story living space. Immaculate condition with upscale upgrades to kitchen and baths. Kitchen includes custom countertops, professional Zline range, beautiful new tile backsplash and loads of storage. Baths feature upgraded sinks, countertops and tile showers. Third bedroom is flexible as a den with double doors. Front deck across the entire home is perfect for an outdoor seating area. Large 10 x 14 separate storage shed at the end of oversized carport. Many community amenities - pools, clubhouses, clubs and activities. Welcome home!

Nearby schools

3/10
Rock Springs Elementary School
Public,K-50.5mi
5/10
Del Dios Middle School
Public,6-82.2mi
7/10
Quantum Academy
Public,4-83.8mi
5/10
Escondido High School
Public,9-120.6mi
Condition Rating
Excellent

This property was built in 2020, making it virtually new. The listing explicitly states 'immaculate condition with upscale upgrades to kitchen and baths,' including a 'professional Zline range,' custom countertops, and new tile backsplash. The images confirm a modern, high-quality kitchen with stainless steel appliances, contemporary white shaker cabinets, and stylish finishes. Flooring is a mix of modern LVP and clean carpet. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Land Ownership & No Space Rent: A significant financial advantage for a manufactured home, as it includes land ownership and eliminates recurring space rent.
Modern Construction & Pristine Condition: Built in 2020, this 'almost new' Silvercrest home is in immaculate condition, suggesting low immediate maintenance needs.
Upscale Interior Finishes: Features a professionally upgraded kitchen with custom countertops, a Zline range, and new tile backsplash, along with enhanced bathrooms.
Amenity-Rich 55+ Community: Located in a vibrant 55+ community offering extensive amenities such as pools, clubhouses, and various social activities.
Practical & Flexible Layout: Offers single-story living, a flexible third bedroom/den, a full-length front deck, and a large 10x14 separate storage shed.

Cons

Age-Restricted Community: The 55+ community restriction significantly narrows the potential buyer pool, which could impact market demand and resale flexibility.
Manufactured Home Classification: Despite land ownership, the property's manufactured home status may influence financing options and perceived long-term appreciation compared to traditional stick-built homes.
Ongoing Association Fees: A monthly association fee of $302 is a recurring cost that adds to the overall housing expense, even without space rent.

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