
Escondido, California 92029
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000—positioned above the $1,153,407 Fair Market Value. While the pricing reflects a premium, the expansive 2.35-acre lot with 'V' Animal Designator and Panoramic Mountain Views offers significant long-term upside. With a Condition Rating of 4, the property requires modernization, yet the Multi-Generational Versatility provided by the main residence, guest suite, and four outbuildings creates substantial value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, equestrian-friendly homestead.
Property is moderate renovation needed.
Built in 1975 with an original structure from the 1940s, the property is dated and shows signs of age. While the main kitchen has some newer stainless steel appliances, the cabinetry and secondary kitchen area are significantly outdated (>20 years), and the exterior outbuildings show visible wear and deferred maintenance on eaves and siding.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 102366, living area = 1848.
The expansive 2.35-acre lot features a 'V' animal designator and proximity to Lake Hodges trails, making it a premier choice for equestrian enthusiasts or those seeking a private homestead.
With a main residence, a separate guest suite, and four additional outbuildings, the property offers exceptional flexibility for multi-generational living, rental potential, or creative workshops.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With the main home built in 1975 and an outbuilding dating to the 1940s, buyers should anticipate the need for modernization and potential repairs to older systems.
A significant portion of the living space stems from an owner-estimated garage addition, which may lead to discrepancies in official records or challenges during the appraisal process.
Welcome to a private, gated road, single story ranch in the hills off Del Dios, with the space and flexibility to create something truly your own. Whether you're dreaming of a homestead, family compound, equestrian property, or simply more room to live, this property offers endless possibilities. The “V” animal designator allows for horses, with riding facilities just across the street and miles of trails around the area and Lake Hodges. Northwest ocean breezes help keep summer temperatures cooler, while the elevated setting delivers beautiful sunset views. The main home offers 3 bedrooms and 2 baths in 1,848 original square feet, plus an additional one bedroom, one bath suite garage addition, for an estimated 2,400 square feet under roof per the owner. Four additional outbuildings create options for storage, workshops, hobbies, animals, or future plans. One is the original home on the property, believed to date back to the 1940s. There is room here for gardens, animals, homeschooling, multi-generational living, projects, or just having space between you and your neighbors. And while it feels tucked away, the everyday conveniences of Rancho Santa Fe and Escondido are just minutes away. If you've been looking for more land, more privacy, and more freedom to create the lifestyle you actually want, this is one worth seeing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,848 | 2,064.88 |
| Lot Size | 102,366 | 11,184.88 |
| Price | $1.35M | $956.1K |
| Price per sq ft | $731 | $491 |
| Built year | 1975 | 1985 |
| HOA | $0 | $236 |
| Days on market | 9 | 47 |
Aug 31, 2026
$1,350,000
Initial Listing