5429 Meridian Place, Bonsall, California 92003, Bonsall, 92003 - 4 bed, 3 bath

5429 Meridian Place, Bonsall, California 92003 home-pic-0

5429 Meridian Place

Bonsall, California 92003

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,043Sq Ft
Lot Size

Property Price

LIST PRICE$829,900
EST. MARKET VALUE
$915,708
9% BelowMARKET VALUE

SUMMARY

Analysis of 5429 Meridian Place, Bonsall, California 92003 reveals a Prime Investment Opportunity with a current list price of $829,900—significantly undercutting the $915,708 Fair Market Value by 9%. This valuation gap indicates a +$85,808 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Bonsall 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.

Estimated Market Value

$915,708 +$85,808 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bonsall.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5429 Meridian Place
Subject
$829,900*
List Price
432,043$448-
A
5413 Fairgreen Way
Sold
$1,035,000332,316$4470.1 mi
B
5359 Triple Crown Dr
Sold
$945,000422,055$4600.8 mi
C
5431 W Lilac Rd
Sold
$999,000332,043$4890.2 mi
D
31633 Calle De Las Estrellas
Sold
$999,000322,029$4920.3 mi
E
31552 Calle De Las Rosas
Sold
$960,000432,659$3610.6 mi
F
5616 Daybreak Way
Active
$790,000
List Price
431,872$4220.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2022, this home is virtually new and meets all current quality standards. The property features a modern open-concept kitchen with high-end finishes, stainless steel appliances, contemporary flooring, and integrated smart-home technology. With a solar energy system and impeccable maintenance, there is no deferred maintenance or physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency & Smart Tech

    The property features a solar energy system grandfathered into the highly desirable NEM 2.0 program and integrated smart-home technology, providing significant long-term utility savings and modern security.

  • Versatile Floor Plan

    The layout offers exceptional flexibility with a secluded ground-floor bedroom and full bath ideal for multigenerational living, plus a massive upstairs secondary family room and dedicated tech nook.

  • Low-Maintenance Lifestyle

    Designed for a 'lock-and-leave' lifestyle, the HOA manages front and side landscaping, ensuring a uniform and pristine aesthetic while relieving the owner of labor-intensive yard maintenance.

CONSRISKS & DEFICIENCIES

  • Recurring HOA Fees

    The $207 monthly association fee adds to the property's carrying costs and imposes specific landscaping standards that limit individual homeowner customization of the exterior.

  • Ongoing Area Development

    Being located in a burgeoning high-growth corridor with planned recreational areas means residents may experience temporary construction-related noise and traffic as the community matures.

About 5429 Meridian Place

Welcome to a residence that masterfully balances contemporary design with the practical demands of a modern lifestyle. Only four years young, this impeccably maintained four-bedroom, three-full-bathroom home is situated in a vibrant, burgeoning community. It offers a sophisticated "lock-and-leave" lifestyle without sacrificing the warmth and spaciousness required for a growing family or those who love to entertain. The ground floor serves as the residence's functional nucleus, characterized by an open-concept layout that encourages seamless interaction. The kitchen flows effortlessly into the main living area, ensuring the chef is always part of the conversation. Unique to this floor plan is a secluded bedroom and a full bathroom located downstairs. This "flex space" is a premium asset, ideal for multigenerational living, providing privacy and accessibility for guests or extended family, or as a quiet, professional-grade home office removed from the upstairs living quarters. The second floor is dedicated to relaxation and productivity, featuring a massive secondary family room that acts as a buffer between the primary and secondary bedrooms. This oversized family room is perfect for a home theater setup, a dedicated gaming zone, or a sprawling children’s play area. Strategically tucked away is a cozy "landing zone" or tech nook. This intentional architectural detail provides an organized environment for a homework station, a crafting corner, or a secondary workspace, keeping the bedrooms as pure sleeping sanctuaries. In an era where time is the ultimate luxury, this home - Returns your weekends to you. The Homeowners Association (HOA) manages the front and side landscaping. This ensures a pristine, uniform neighborhood aesthetic while relieving you of the labor-intensive duties of weeding, mowing, and pruning. In addition, this property is equipped with a solar energy system grandfathered into the NEM 2.0 (Net Energy Metering) program. Modern smart-home technology is woven into the home's fabric, offering keyless entry and remote control over essential home functions, providing both security and peace of mind. Location is the cornerstone of real estate value, and this property is positioned in a high-growth corridor: immediate access to local parks and walking trails, proximity to a planned 23-acre recreational area, promising a boost to both quality of life and future resale value, and minutes away from top-rated schools, premium shopping districts, and major military installations, making it an ideal choice for service members and commuters alike.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2022
Lot Size
-

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$207.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,0432,842
16%
Lot Size-87,773.301
16%
Price$829.9K$1.36M
6%
Price per sq ft$406$463
22%
Built year20222002
84%
HOA$207.0$50
69%
Days on market2224
6%

Pricing History

Listed for Sale

Mar 5, 2026

$829,900

Initial Listing

Sold

Mar 30, 2022

$705,500

Public Record

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