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

5429 Meridian Place
Bonsall, California 92003
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5429 Meridian Place Subject | $829,900* List Price | 4 | 3 | 2,043 | $448 | - |
A 5413 Fairgreen Way Sold | $1,035,000 | 3 | 3 | 2,316 | $447 | 0.1 mi |
B 5359 Triple Crown Dr Sold | $945,000 | 4 | 2 | 2,055 | $460 | 0.8 mi |
C 5431 W Lilac Rd Sold | $999,000 | 3 | 3 | 2,043 | $489 | 0.2 mi |
D 31633 Calle De Las Estrellas Sold | $999,000 | 3 | 2 | 2,029 | $492 | 0.3 mi |
E 31552 Calle De Las Rosas Sold | $960,000 | 4 | 3 | 2,659 | $361 | 0.6 mi |
F 5616 Daybreak Way Active | $790,000 List Price | 4 | 3 | 1,872 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,043 | 2,842 | 16% |
| Lot Size | - | 87,773.301 | 16% |
| Price | $829.9K | $1.36M | 6% |
| Price per sq ft | $406 | $463 | 22% |
| Built year | 2022 | 2002 | 84% |
| HOA | $207.0 | $50 | 69% |
| Days on market | 2 | 224 | 6% |
Pricing History
Listed for Sale
Mar 5, 2026
$829,900
Initial Listing
Sold
Mar 30, 2022
$705,500
Public Record













































