Description

Price improvement! Completely rebuilt down to the studs in 2022, this beautifully updated Spanish-style single-story home sits on a private, nearly half-acre usable lot in Northwest Escondido. Featuring a 3 bedroom, 2 bathroom main residence plus a studio casita/ADU with its own full kitchen, living area, closet, full bathroom, and private entrance, the property lives like a 4 bedroom, 3 bathroom home with exceptional flexibility for guests, multigenerational living, rental income, or Airbnb potential. With over $250,000 in renovations and cosmetic improvements, this is far more than a cosmetic flip. Major upgrades include a new roof, updated plumbing and electrical, new subpanels, EV charger capability, Milgard lifetime warranty dual-pane windows, smooth Santa Barbara stucco, new HVAC ducting and venting, new AC condenser, and a fully owned solar system with no electric bill since the solar system was installed in 2023. Inside, you'll find luxury vinyl plank flooring throughout, recessed lighting, ceiling fans, custom closet systems, a Nest thermostat, and Ring security system. All three bathrooms have been extensively remodeled, while the designer kitchen showcases a waterfall island, soft-close cabinetry, full tile backsplash, walnut floating shelves, premium stainless steel appliances, and a professional-style 6-burner range and stainless steel hood. The studio casita/ADU previously generated approximately $1,600 per month in rental income, offering immediate income-producing potential. Outside, enjoy mature palm and jacaranda trees, raised garden beds, fruit trees, a pergola-covered patio, extensive concrete improvements, and a newer plug-and-play hot tub that may convey. The property also offers RV parking, boat parking, trailer parking, and room for 10+ vehicles, a rare feature in North County. The flat, usable lot offers incredible future potential with room for a pool, additional ADU, workshop, garage, sports court, or expanded outdoor living spaces. Seller may be willing to provide credits toward buyer closing costs and/or an interest rate buy-down with an acceptable offer. Conveniently located near the Escondido and San Marcos border with quick access to Interstate 15 and Highway 78, this one-of-a-kind property combines modern upgrades, income potential, energy efficiency, and room to grow on a private lot rarely found in today's market.