589 Iona Court, Escondido, California 92027, Escondido, 92027 - 3 bed, 2 bath
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Escondido, California 92027
This Move-In Ready Single-Family Residence is a Prime Investment Opportunity, listed at $750,000—positioned well below the $766,624 Fair Market Value by 2%. This valuation gap offers $16,624 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes updated plumbing (2024), new laminate flooring (2025), and a fully paid solar system. Located on a quiet cul-de-sac near Dixon Lake, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 589 Iona Court Subject | $750,000* List Price | 3 | 2 | 1,330 | $576 | - |
A 2792 Derringer Place Sold | $798,000 | 4 | 2 | 1,442 | $553 | 0.2 mi |
B 544 Veronica Sold | $780,000 | 3 | 2 | 1,287 | $606 | 0.2 mi |
C 3039 Pecan Pl Sold | $755,000 | 3 | 2 | 1,200 | $629 | 0.3 mi |
D 1258 Entrada Glen Sold | $760,000 | 3 | 2 | 1,316 | $578 | 1.0 mi |
E 2491 Linda Court Sold | $804,000 | 4 | 2 | 1,600 | $503 | 0.4 mi |
F 2413 Holly Avenue Sold | $844,000 | 4 | 2 | 1,783 | $473 | 0.5 mi |
G 2040 Mark Avenue Sold | $710,000 | 3 | 2 | 1,054 | $674 | 1.0 mi |
H 643 Hillward St. Pending | $729,900 List Price | 4 | 2 | 1,484 | $492 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the property is well-maintained and move-in ready due to significant recent capital improvements, including new laminate flooring (2025), updated plumbing (2024), and a fully paid solar system. While the kitchen cabinetry appears original to the 1990s, the addition of stone countertops and stainless steel appliances elevates the condition above 'Fair' for its age.
The property includes a fully paid solar system, offering the new homeowner significant long-term savings on electricity costs and increasing the home's overall value.
With updated plumbing completed in 2024 and new laminate flooring installed in 2025, the residence is in move-in-ready condition with reduced immediate maintenance requirements.
Tucked away on a quiet cul-de-sac near Dixon Lake and Daley Ranch, the home provides a peaceful environment with convenient access to premier hiking, fishing, and outdoor recreation.
At approximately 1,330 square feet, the interior living space is relatively modest for a three-bedroom home, which may feel restrictive for buyers seeking larger communal areas.
The 6,077 square foot lot is standard for the subdivision but may not provide enough outdoor space for buyers looking for expansive yards or significant private gardening opportunities.
Welcome to Iona Court, a beautifully updated single-story home tucked away on a quiet cul-de-sac. This move in residence offers 3 bedrooms, 2 bathrooms, and approximately 1,330 square feet of thoughtfully designed living space. Step inside to discover an open floor plan, featuring vaulted ceilings and newer laminate flooring installed in 2025, creating a warm and modern feel throughout. The home also features updated plumbing completed in 2024. One of this property's standout features is the fully paid solar system. Enjoy nearby Dixon Lake and Daley Ranch, where you can explore scenic hiking trails, fishing, picnicking and beautiful natural surroundings just minutes away from home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,330 | 2,028 |
| Lot Size | 6,077 | 10,454.4 |
| Price | $750.0K | $936.5K |
| Price per sq ft | $564 | $486 |
| Built year | 1996 | 1985 |
| HOA | $0 | $225 |
| Days on market | 14 | 46 |
Jul 8, 2026
$750,000
Initial Listing
Aug 29, 2013
$340,000
Public Record
Dec 12, 2008
$262,000
Public Record
Feb 24, 2006
$480,000
Public Record
Dec 29, 2003
$345,000
Public Record