9703 Upas, Escondido, California 92029, Escondido, 92029 - 3 bed, 3 bath
ACTIVE$850,000$920/sqft
9703 Upas, Escondido, California 92029
3Beds
3Baths
920Sqft
30,492Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30492, living area = 920.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Compared to the nearby listings
Price:$850.0K vs avg $1.42M ($-565,000)9%
Size:920 sqft vs avg 2,819 sqft1%
Price/sqft:$924 vs avg $52999%
More Insights
Built in 1939 (87 years old).
Condition: The property, built in 1939, is explicitly described as 'reconstruction-ready' with 'demolition already begun' and the 'structure is unsafe and cannot be entered.' The images of the existing structure confirm its dilapidated state. This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair and the property's value is based solely on the land and its potential for redevelopment.
Year Built
1939
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$924
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2600212
Home ConditionTear down
Features
Excellent View: Hills, Lake, Mountain(s), Reservoir
Deck
Patio
ViewHills, Lake, Mountain(s), Reservoir
About this home
Reconstruction-ready! Permits issued for a gorgeous 2-story 3,000 sqft house with 1,500 sqft lake-view deck. Permits are currently expired, but may be renewed anytime before 3/8/26. Demolition has already begun, so structure is unsafe and cannot be entered. Alternative septic system permit issued (also expired). The Del Dios neighborhood is a charming, tranquil, artistic neighborhood with sculpture gardens, access to the waterfront, hiking trails, and vibrant community. Come visit and see this hidden gem nestled between Elfin Forest and the Lake Hodges reservoir.
S
Steven Marshall
Listing Agent
Nearby schools
7/10
Bernardo Elementary School
Public,•K-5•2.1mi
5/10
Bear Valley Middle School
Public,•6-8•3.9mi
7/10
Quantum Academy
Public,•4-8•7.3mi
6/10
San Pasqual High School
Public,•9-12•3.8mi
Price History
Date
Event
Price
07/19/23
Sold
$835,000
05/06/22
Sold
$799,000
Condition Rating
Tear down
The property, built in 1939, is explicitly described as 'reconstruction-ready' with 'demolition already begun' and the 'structure is unsafe and cannot be entered.' The images of the existing structure confirm its dilapidated state. This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair and the property's value is based solely on the land and its potential for redevelopment.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30492, living area = 920.
Pre-Approved Development Potential: Permits were previously issued for a substantial 2-story, 3,000 sqft house with a 1,500 sqft lake-view deck, significantly streamlining the future reconstruction process.
Exceptional Lake and Mountain Views: The property offers stunning panoramic views of the lake, hills, mountains, and reservoir, providing a highly desirable backdrop for the future residence.
Prime Del Dios Neighborhood: Situated in the charming, tranquil, and artistic Del Dios neighborhood, known for its vibrant community, sculpture gardens, and waterfront access.
Generous Lot Size: A large 30,492 sqft lot provides ample space for a custom-built home, extensive outdoor living areas, and privacy.
Abundant Recreational Access: Direct access to the waterfront, hiking trails, and proximity to Elfin Forest and Lake Hodges Reservoir caters to an active, outdoor lifestyle.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Unsafe and Uninhabitable Structure: The existing structure is unsafe due to partial demolition and cannot be entered, requiring immediate and complete reconstruction.
Expired Permits Require Renewal: While plans were approved, all permits (including for the alternative septic system) are expired, necessitating renewal which could incur additional costs and potential delays.
Substantial Capital Investment Required: The property is a development project, demanding significant financial resources and time commitment from the buyer to complete the reconstruction.