831 E 3rd Ave 5, Escondido, California 92025, Escondido, 92025 - 2 bed, 3 bath
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831 E 3rd Ave 5
Escondido, California 92025
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,284Sq Ft
0Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$556,958
5% BelowMARKET VALUE
SUMMARY
This Stunning View Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $556,958 Fair Market Value by 5%. This valuation gap offers $31,958 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled kitchen and dual ensuite bedrooms, this home offers a turnkey lifestyle with resort-style amenities like a pool and tennis courts. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with scenic mountain views.
Estimated Market Value
$556,958+$31,958 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Escondido.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 831 E 3rd Ave 5 Subject 2 bd · 3 ba · 1,284 sqft · $434 | $525,000* List Price | 2 | 3 | 1,284 | $434 | - |
A 1020 E Washington Avenue 107 Sold 2 bd · 2 ba · 1,178 sqft · $407 · 0.6 mi | $480,000 | 2 | 2 | 1,178 | $407 | 0.6 mi |
B 725 E 4th Ave Unit G Sold 2 bd · 2 ba · 1,089 sqft · $445 · 0.1 mi | $485,000 | 2 | 2 | 1,089 | $445 | 0.1 mi |
C 810 E Washington Ave Unit E Sold 2 bd · 2 ba · 1,064 sqft · $450 · 0.6 mi | $479,000 | 2 | 2 | 1,064 | $450 | 0.6 mi |
D 818 E Washington C Active Under Contract 2 bd · 2 ba · 1,064 sqft · $376 · 0.6 mi | $400,000 List Price | 2 | 2 | 1,064 | $376 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1974, the property has undergone a recent high-quality renovation (likely <5 years). The kitchen features modern white cabinetry, a stylish new backsplash, and stainless steel appliances. Bathrooms have been updated with contemporary vanities and fixtures, and new laminate flooring is present throughout, making it mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized & Move-In Ready
The residence has been beautifully remodeled with a stylishly refreshed kitchen, updated laminate flooring, and contemporary finishes, offering a turnkey experience for the new owner.
- Dual Ensuite Layout
The floor plan features two spacious bedrooms each with its own private ensuite bathroom, plus a main-level powder room, providing an ideal setup for privacy and convenience.
- Scenic Outdoor Living
With a private lower patio and an upper balcony, the property maximizes its elevated position to offer beautiful views, complemented by resort-style community amenities like a pool and tennis courts.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $520 is relatively high for this price point, which may impact the overall monthly affordability and appeal for budget-conscious buyers.
- Aging Infrastructure
Originally built in 1974, the property may require ongoing maintenance for aging common area components or building systems that fall outside of the recent cosmetic interior updates.
About 831 E 3rd Ave 5
Stunning View Residence | Remodeled & Move-In Ready - Welcome to this beautifully remodeled condo set within a gated community, where refined finishes, comfort, and convenience come together seamlessly. This thoughtfully designed residence features two spacious bedrooms, each with its own ensuite bath, plus a well-placed powder room on the main level. Enjoy beautiful views from both the private lower patio and upper balcony, perfect for morning coffee, evening sunsets, or simply taking in the surrounding scenery. The kitchen has been stylishly refreshed with an updated backsplash and stove, while laminate flooring provides a clean, low-maintenance finish. Indoor laundry (hookups) add everyday ease. Residents enjoy access to desirable community amenities, including a pool, tennis court, children’s play area,. Garage parking spaces provide added convenience. Centrally located in Escondido near shopping, dining, and entertainment, this move-in-ready home offers an exceptional opportunity to enjoy comfort, style, and resort-inspired community living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $520.0 / Month
Neighborhood Insights
Escondido Unified Schools
Central Elementary School
Grades K-5 • 0.7 mi
3/10
Pioneer Elementary School
Grades K-5 • 1.0 mi
4/10
Farr Avenue Elementary School
Grades K-5 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,284 | 971.943 |
| Lot Size | - | 167,508.696 |
| Price | $525.0K | $427.7K |
| Price per sq ft | $409 | $427 |
| Built year | 1974 | 1981 |
| HOA | $520.0 | $538 |
| Days on market | 23 | 81 |
Pricing History
Listed for Sale
Oct 1, 2026
$525,000
Initial Listing