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

840 Genoa Way
San Marcos, California 92078
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 840 Genoa Way Subject | $1,799,900* List Price | 4 | 4 | 3,722 | $539 | - |
A 970 Idyllwild Way Sold | $2,200,000 | 5 | 5 | 4,237 | $519 | 0.3 mi |
B 630 Atherton Street Sold | $1,650,000 | 4 | 5 | 3,542 | $466 | 0.6 mi |
C 1575 Clifftop Ave Sold | $1,456,000 | 6 | 3 | 2,691 | $541 | 0.2 mi |
D 1034 Pavo Court Sold | $1,900,000 | 5 | 4 | 3,505 | $542 | 0.6 mi |
E 1789 Lemon Tree Ct Sold | $1,535,000 | 5 | 5 | 3,007 | $510 | 0.6 mi |
F 1717 Tara Way Active | $1,849,000 List Price | 5 | 4 | 3,373 | $548 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Carrillo Elementary School
Grades K-5 • 3.3 mi
R. Roger Rowe Elementary School
Grades PK-5 • 5.5 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 | 4.0 | 3.0 | 71% |
| Square foot | 3,722 | 2,183 | 92% |
| Lot Size | 9,680 | 6,700 | 74% |
| Price | $1.80M | $1.28M | 86% |
| Price per sq ft | $484 | $573 | 18% |
| Built year | 2005 | 1997 | 76% |
| HOA | $181.5 | $90 | 70% |
| Days on market | 45 | 169 | 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



































