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$534,000
EST. MARKET VALUE
$552,045
3% BelowMARKET VALUE
SUMMARY
This Stunning View Residence is a Strong Value Opportunity, listed at $534,000—positioned well below the $552,045 Fair Market Value by 3%. This valuation gap offers $18,045 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled kitchen and dual ensuite layout, 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
$552,045+$18,045 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 | $534,000* List Price | 2 | 3 | 1,284 | $430 | - |
A 806 E 4th Ave 8 Sold | $485,000 | 2 | 2 | 1,204 | $403 | 0.0 mi |
B 1020 E Washington Avenue 107 Sold | $480,000 | 2 | 2 | 1,178 | $407 | 0.6 mi |
C 725 E 4th Ave Unit G Sold | $485,000 | 2 | 2 | 1,089 | $445 | 0.1 mi |
D 810 E Washington Ave Unit E Sold | $479,000 | 2 | 2 | 1,064 | $450 | 0.6 mi |
E 818 E Washington C Active Under Contract | $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 high-quality recent remodel (likely <5 years) featuring a modern kitchen with stainless steel appliances, updated backsplash, contemporary laminate flooring, and fully refreshed bathrooms. The interior is in mint, move-in-ready condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized & Move-In Ready
The residence has been thoughtfully remodeled with refined finishes, including laminate flooring and a refreshed kitchen with a new backsplash and stove, offering a turnkey experience.
- Dual Ensuite Layout
The floor plan features two spacious bedrooms each with its own private ensuite bathroom, providing an ideal setup for privacy, guests, or a roommate configuration.
- Comprehensive Community Amenities
Set within a gated community, the property offers resort-style living with access to a pool, tennis courts, and a children’s play area, complemented by scenic views from private outdoor spaces.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $520 per month is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for prospective buyers.
- Underperforming Local Schools
The property is zoned for several schools with lower ratings, including an elementary school rated 3/10, which could be a drawback for education-focused families.
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 | 981.357 |
| Lot Size | - | 156,162.536 |
| Price | $534.0K | $427.2K |
| Price per sq ft | $416 | $428 |
| Built year | 1974 | 1980 |
| HOA | $520.0 | $555 |
| Days on market | 8 | 76 |
Pricing History
Listed for Sale
Sep 1, 2026
$534,000
Initial Listing