
San Marcos, California 92078
This Modern Turnkey Residence represents a Prime Investment Opportunity, listed at a List Price of $680,000—positioned well below the $701,612 Fair Market Value by 3%. This valuation gap offers $21,612 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and high-efficiency upgrades like fully owned solar, this home offers a seamless lifestyle in the gated Rancho Tesoro community. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance property with panoramic mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 819 Blackstone Drive Subject | $680,000* List Price | 2 | 3 | 1,229 | $571 | - |
A 403 Almond Rd Sold | $605,000 | 2 | 3 | 879 | $688 | 0.4 mi |
B 833 Rockmint Drive Sold | $765,000 | 3 | 3 | 1,329 | $576 | 0.8 mi |
C 550 Almond Active | $688,900 List Price | 3 | 3 | 1,228 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. It features modern quartz countertops, stainless steel appliances, laminate flooring, and updated systems including a tankless water heater and owned solar.
Built in 2021, this contemporary home includes fully owned solar panels, providing significant long-term value and reduced utility expenses for the homeowner.
The floor plan features two spacious upstairs bedrooms each with its own private bathroom, offering an ideal configuration for privacy, guests, or a professional home office.
Situated in the gated Rancho Tesoro community, residents enjoy resort-style perks including a pool, BBQ areas, and immediate access to the extensive trail systems of San Elijo Hills.
At 1,229 square feet with only two bedrooms, the property's footprint may be restrictive for growing families or buyers requiring more versatile living areas.
The current list price represents a significant decrease from the April 2024 sale price of $755,000, which may necessitate careful appraisal and market trend analysis.
Welcome to Rancho Tesoro, a sought-after gated community nestled at the foothills of San Elijo Hills in San Marcos. Built in 2021, this modern 2-bedroom, 2.5-bathroom residence offers contemporary living with a thoughtfully designed open-concept floor plan. The main level features laminate flooring throughout the living areas, creating a seamless flow between the kitchen, dining, and living spaces. The kitchen is appointed with quartz countertops and opens directly to the light-filled living and dining areas ideal for both everyday living and entertaining. Upstairs, you'll find two spacious ensuite bedrooms, providing privacy and convenience, along with side-by-side laundry. A guest half bath is conveniently located on the main level. Additional highlights include fully owned solar and an attached garage. Rancho Tesoro residents enjoy resort-style community amenities, including a pool, BBQ areas, lounge spaces, playground, and access to nearby walking and biking trails. Ideally located near Double Peak, San Elijo Hills, Discovery Lake, South Lake, and Double Peak Park, the home offers convenient access to outdoor recreation and some of North County's most impressive panoramic views. Seller will entertain offers between $660,000 and $680,000. A wonderful opportunity to enjoy newer construction, modern amenities, and the San Marcos lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,229 | 1,235.838 |
| Lot Size | - | 140,613.308 |
| Price | $680.0K | $672.4K |
| Price per sq ft | $553 | $500 |
| Built year | 2021 | 2003 |
| HOA | $280.0 | $432 |
| Days on market | 5 | 57 |
Sep 4, 2026
$680,000
Initial Listing
Apr 4, 2024
$755,000
Public Record
May 12, 2021
$515,000
Public Record