822 Plumeria St, San Marcos, California 92069, San Marcos, 92069 - 4 bed, 3 bath
822 Plumeria St
San Marcos, California 92069
Property Price
SUMMARY
Analysis of 822 Plumeria St, San Marcos, California 92069 reveals a Prime Investment Opportunity with a current list price of $895,000—significantly undercutting the $983,048 Fair Market Value by 8%. This valuation gap indicates a +$88,048 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Marcos 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 |
|---|---|---|---|---|---|---|
★ 822 Plumeria St Subject | $895,000* List Price | 4 | 3 | 2,726 | $361 | - |
A 106 Chesapeake Court Sold | $1,130,000 | 4 | 3 | 2,820 | $401 | 0.4 mi |
B 679 Glasgow Ct Sold | $1,010,000 | 4 | 3 | 2,580 | $391 | 0.4 mi |
C 315 Sunbird Ct Sold | $1,160,000 | 4 | 3 | 3,100 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this property is approximately 22 years old and appears to be well-maintained and move-in ready. While it sits just at the threshold of the 'good' and 'fair' age criteria, the 2000s construction typically includes modern electrical, plumbing, and HVAC systems. The exterior and backyard, featuring a built-in fire pit, show minimal wear and tear, suggesting the home has been kept in good condition despite being tenant-occupied.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
With 2,726 square feet of living area and a modern 2004 construction, this four-bedroom home offers a spacious and contemporary layout that is highly desirable in the San Marcos market.
- Exceptional Outdoor Amenities
The property sits on a substantial 8,608 square foot lot featuring an 'incredible' backyard with a built-in fire pit, providing an ideal space for outdoor entertaining and relaxation.
- Strong Elementary School Rating
The home is zoned for Paloma Elementary School, which boasts a high rating of 8/10, making it an attractive option for families prioritizing quality early childhood education.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Restrictions
The property is currently occupied by tenants who are not to be disturbed, which can complicate the showing process and may delay possession for owner-occupant buyers.
- Moderate Secondary School Ratings
While the elementary school is highly rated, the local middle and high schools have more moderate ratings of 5 and 6, which may be a drawback for families with older children.
About 822 Plumeria St
2 story dream home on a fantastic lot in San Marcos! This home features an incredible back yard boasting fire pit - do not disturb tenants. ***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 8,608 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $80.0 / Month
Neighborhood Insights
San Marcos Unified Schools
Paloma Elementary School
Grades K-5 • 1.3 mi
Twin Oaks Elementary School
Grades K-5 • 2.2 mi
San Marcos Middle School
Grades 6-8 • 0.5 mi
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 | 2,726 | 1,873 | 67% |
| Lot Size | 8,608 | 7,208 | 70% |
| Price | $895.0K | $972.0K | 40% |
| Price per sq ft | $328 | $508 | 1% |
| Built year | 2004 | 1994 | 77% |
| HOA | $80.0 | $65 | 55% |
| Days on market | 5 | 164 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$895,000
Initial Listing
Sold
Sep 9, 2004
$495,500
Public Record