840 Genoa Way, San Marcos, California 92078, San Marcos, 92078 - 4 bed, 4 bath

840 Genoa Way, San Marcos, California 92078 home-pic-0

840 Genoa Way

San Marcos, California 92078

ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,722Sq Ft
9,680Lot Size

Property Price

LIST PRICE$1,799,900
EST. MARKET VALUE
$2,006,291
10% BelowMARKET VALUE

SUMMARY

Analysis of 840 Genoa Way, San Marcos, California 92078 reveals a Prime Investment Opportunity with a current list price of $1,799,900—significantly undercutting the $2,006,291 Fair Market Value by 10%. This valuation gap indicates a +$206,391 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

$2,006,291 +$206,391 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Marcos.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
840 Genoa Way
Subject
$1,799,900*
List Price
443,722$539-
A
970 Idyllwild Way
Sold
$2,200,000554,237$5190.3 mi
B
630 Atherton Street
Sold
$1,650,000453,542$4660.6 mi
C
1575 Clifftop Ave
Sold
$1,456,000632,691$5410.2 mi
D
1034 Pavo Court
Sold
$1,900,000543,505$5420.6 mi
E
1789 Lemon Tree Ct
Sold
$1,535,000553,007$5100.6 mi
F
1717 Tara Way
Active
$1,849,000
List Price
543,373$5480.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2005, this property is in well-maintained, move-in ready condition. The kitchen features high-quality granite countertops and stainless steel appliances that are consistent with the home's era but remain functional and attractive. The bathrooms and flooring (hardwood and tile) show minimal wear, and the overall systems and exterior amenities like the pool and decks appear well-preserved, fitting the criteria for a 'good' rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: R. Roger Rowe Elementary School (10/10). Middle School: Pacific Trails Middle (10/10).

  • Panoramic Views & Privacy

    Positioned on a quiet, single-side street with no neighbors behind, the property offers rare privacy and unobstructed ocean and mountain vistas directly overlooking scenic hiking trails.

  • Exceptional Outdoor Living

    The nearly 10,000 sq ft lot is a standout for the area, featuring a sparkling pool, expansive view decks, and a large grassy side yard, providing a versatile space for both recreation and entertaining.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-13. The sold price is $1,699,000.00.

  • Split-Level Configuration

    The multi-level architectural design may be less desirable for buyers seeking a traditional two-story flow or those with mobility concerns due to the frequent use of stairs.

  • Dated Interior Finishes

    Built in 2005, the granite countertops and standard stainless appliances, while functional, may require cosmetic updates to meet the expectations of modern luxury buyers in this price point.

About 840 Genoa Way

Experience breathtaking ocean and mountain views from this stunning, private residence in the exclusive gated Azure community of San Elijo Hills! Perfectly positioned on a quiet, single-side street with no neighbors behind, the home backs directly to scenic hiking trails and offers rare privacy and panoramic vistas. This spacious 3,722 sq ft split-level home features 4 bedrooms plus an office (optional 5th bedroom), 3.5 bathrooms, and a large game/movie room ideal as a second family or theater room. The main living level is the heart of the home, showcasing an open-concept gourmet kitchen with stainless steel appliances and granite countertops, bright dining and living areas, and a luxurious primary suite with its own view deck. A second family room on the lower level adds flexibility for multi-generational living or entertaining. Outdoor living truly shines on a near 10,000 sqft lot with expansive view decks, a sparkling pool, generous entertaining areas, and an oversize grassy side yard—an exceptional find for a pool home. Located in the award-winning San Elijo Hills community, enjoy top-rated schools (San Elijo Elementary & Middle, San Marcos High), parks, ball fields, playgrounds, dog park, community center, shops, dining, and over 1,000 acres of open space with 30+ miles of trails—all just a short walk away. This is Southern California living at its finest! Experience breathtaking ocean and mountain views from this stunning, private residence in the exclusive gated Azure community of San Elijo Hills! Perfectly positioned on a quiet, single-side street with no neighbors behind, the home backs directly to scenic hiking trails and offers rare privacy and panoramic vistas. This spacious 3,722 sq ft split-level home features 4 bedrooms plus an office (optional 5th bedroom), 3.5 bathrooms, and a large game/movie room ideal as a second family or theater room. The main living level is the heart of the home, showcasing an open-concept gourmet kitchen with stainless steel appliances and granite countertops, bright dining and living areas, and a luxurious primary suite with its own view deck. A second family room on the lower level adds flexibility for multi-generational living or entertaining. Outdoor living truly shines with expansive view decks, a sparkling pool, generous entertaining areas, and a large grassy side yard—an exceptional find for a pool home. Located in the award-winning San Elijo Hills community, enjoy top-rated schools (San Elijo Elementary & Middle, San Marcos High), parks, ball fields, playgrounds, dog park, community center, shops, dining, and over 1,000 acres of open space with 30+ miles of trails—all just a short walk away. This is Southern California living at its finest!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2005
Lot Size
9,680 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$181.5 / Month

Neighborhood Insights

San Marcos Unified Schools

San Elijo Elementary School

Grades K-5 • 0.3 mi

8/10

Carrillo Elementary School

Grades K-5 • 3.3 mi

8/10

R. Roger Rowe Elementary School

Grades PK-5 • 5.5 mi

10/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
71%
Square foot3,7222,183
92%
Lot Size9,6806,700
74%
Price$1.80M$1.28M
86%
Price per sq ft$484$573
18%
Built year20051997
76%
HOA$181.5$90
70%
Days on market45169
6%

Pricing History

Listed for Sale

Jan 21, 2026

$1,799,900

Initial Listing

Sold

Mar 13, 2025

$1,699,000

Public Record

Sold

Oct 23, 2012

$695,000

Public Record

Sold

Aug 18, 2010

$550,000

Public Record

Sold

Nov 15, 2005

$936,000

Public Record

Sold

May 16, 2005

$1,085,000

Public Record

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