
San Marcos, California 92069
This High-Potential Investment Opportunity is listed at a List Price of $844,999, positioned well below the $867,279 Fair Market Value by 2%. This gap provides $22,280 in Instant Equity. Featuring a Condition Rating of 2, this turnkey home includes a new roof, HVAC, and solar. The expansive quarter-acre lot offers significant ADU Potential and RV Parking. Located near top-rated schools like Knob Hill Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 598 Tam O Shanter Dr Subject | $824,999* List Price | 4 | 2 | 1,315 | $643 | - |
A 1422 Cottonwood Court Sold | $905,000 | 3 | 2 | 1,340 | $675 | 0.2 mi |
B 1321 Shadow Hills Court Sold | $925,000 | 3 | 2 | 1,329 | $696 | 0.3 mi |
C 1616 Via Ronda Sold | $825,000 | 4 | 2 | 1,515 | $545 | 0.3 mi |
D 1596 Rambla Puesta Sold | $860,000 | 3 | 2 | 1,366 | $630 | 0.3 mi |
E 1915 Rees Road Sold | $878,000 | 4 | 2 | 1,644 | $534 | 0.3 mi |
F 1109 Harwich Drive Sold | $950,000 | 4 | 2 | 1,464 | $649 | 0.7 mi |
G 222 Avenida Chapala Sold | $855,000 | 4 | 2 | 1,541 | $555 | 0.5 mi |
H 431 Richland Sold | $920,000 | 3 | 2 | 1,782 | $516 | 0.8 mi |
I 1524 Shadow Hills Dr Pending | $925,000 List Price | 4 | 2 | 1,479 | $625 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1974, the property has undergone significant recent renovations including a new roof, new HVAC system, and energy-efficient mini-splits. The interior features updated flooring and modern finishes throughout, qualifying it as a turnkey, recently renovated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10100, living area = 1315.
The property is move-in ready with significant high-value improvements, including a new roof, new HVAC system, solar panels, and energy-efficient mini-split systems in every bedroom for customized climate control.
Situated on a rare quarter-acre lot with no HOA, the property offers massive outdoor space, mature fruit trees, and significant potential for an Accessory Dwelling Unit (ADU) or future expansion.
With 4 bedrooms and a bonus room packed into 1,315 square feet, the individual room sizes and common areas may feel small or constrained for larger families.
While the home has been beautifully upgraded, the 1974 construction date suggests that some underlying structural or utility components may be nearing the end of their functional lifespan compared to newer builds.
Welcome to this beautifully upgraded single-story home offering the perfect blend of comfort, functionality, and outdoor space in the heart of San Marcos. Situated on an expansive quarter-acre lot with no HOA, this 4-bedroom, 2-bath residence features approximately 1,315 square feet of thoughtfully updated living space. Recent improvements include a new roof, new HVAC system, upgraded flooring throughout, and energy-efficient mini-split systems in every bedroom, and the living room, providing customized comfort year-round. A versatile bonus room offers the ideal space for a home office, gym, playroom, or hobby room. Designed with flexibility in mind, the property features solar, an attached 2-car garage, RV parking, an additional driveway and a storage shed—providing ample room for recreational vehicles, trailers, work trucks, or multiple cars. Step outside to enjoy the oversized backyard complete with mature fruit trees and abundant space for entertaining, gardening, or creating your dream outdoor retreat. The generous lot also offers excellent potential for an ADU or future expansion (buyer to verify). Conveniently located near parks, schools, shopping, dining, and major commuter routes, this move-in-ready home offers a rare combination of modern upgrades, versatile parking, and exceptional outdoor potential—all with the added benefit of no HOA. Don't miss this outstanding opportunity to own a turnkey property with room to grow in one of San Marcos' most established neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,315 | 2,318.709 |
| Lot Size | - | 6,909.226 |
| Price | $825.0K | $1.19M |
| Price per sq ft | $627 | $552 |
| Built year | 1974 | 1998 |
| HOA | $0 | $165 |
| Days on market | 16 | 46 |
Aug 28, 2026
$824,999
$844,999
-2% Price Drop
Initial Listing
Aug 24, 2026
$844,999
Initial Listing
May 15, 2020
$519,000
Public Record