20 days on rocket

385 Lake Dr, Escondido, CA, 92029

$1,495,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

385 Lake Dr, Escondido$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1929
CoolingWall/Window Unit(s)
MLS #240007626SD
StatusActive

About 385 Lake Dr

Happy to present this turnkey investment opportunity near lake Hodges in the heart of Del Dios. Fantastic location for owner occupied buyer or investor. Potential to operate units as short term or Long term rentals and the potential to convert the 1st floor basement to a 3BD/2BA ADU to make this a 4-unit property. Front House was fully renovated sparing no expense with new quartz countertops, appliances, flooring, painted inside and out including fences/decks/stairway, windows, mini split, driveway, recessed lighting, and remodeled bathrooms. Back units feature Kitchen and bathroom remodels, new flooring, interior and exterior paint, new electrical outlets and windows. SELLER WILL BE OFFERING A 2, 1 INTEREST RATE BUYDOWN FOR THE BUYER!

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 2

Listing Office:

  • Office Name: JLM Real Estate Inc.
  • Office Phone: (858) 336-9688
  • Listing Agent: Jason Lee

Virtual/3D Tour

  • Virtual Tour: 385 Lake Dr

Virtual Tour

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • San Pasqual High School, Public District Grades 9-12
  • Bear Valley Middle School, Public District Grades 6-8
  • Bernardo Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: When mapping the property for directions use 20048 Lake Dr. CrossStreet: Lake Dr & Kalmia Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000

Tax Information:

  • Annual Amount: $5,340
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Escondido, CA.

Map thumbnail provided by MapBox

Escondido, CA

City

Med. Sold Price

$815K

Med. Price/SqFt

$475

Avg. Days On Market

18

# of Sold Homes

101

385 Lake Dr vs Escondido

20 DAYS ON ROCKET

+2 Days

$1,495,000

+$680K More

KEY TAKEAWAY

This property is $680K more than the Median Sold Price in Escondido, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240007626SD

Listing Office:

  • Office Name: JLM Real Estate Inc.
  • Office Phone: (858) 336-9688
  • Listing Agent: Jason Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 12:55:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 29, 1999Home Sold
$320,000
Oct 05, 1989Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,340$454,362
2020$5,339$449,704
2019$5,061$440,888
2018$5,061$432,244
2017$4,974$423,769

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3997849
7
/10

  • Bernardo Elementary School

  • 1122 Mountain Heights Dr

  • 2.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3997850
6
/10

  • Bear Valley Middle School

  • 3003 Bear Valley Pkwy S

  • 3.93 miles

  • Public District Grades 6-8

High School

school-card-donut-3997851
5
/10

  • San Pasqual High School

  • 3300 Bear Valley Pkwy S

  • 3.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,063. The majority of Escondido, CA residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 385 Lake Dr

What is the listing price of this property?

The listing price of 385 Lake Dr property is $1,495,000.

What type of property is this?

The property 385 Lake Dr is a house located in Escondido, California, 92029.

Is this property for sale now?

Active Listing: 385 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 385 Lake Dr are:
Bernardo Elementary School: GreatSchools Rating 7/10
Bear Valley Middle School: GreatSchools Rating 6/10
San Pasqual High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,340 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 29, 1999 for $320,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 385 Lake Dr is 1929.

Rocket Homes›California›San Diego County›Escondido›92029›385 Lake Dr

This home is located at 385 Lake Dr in Escondido, CA and zip code 92029. This home was built in 1929. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $1,495,000.

Escondido, CA housing market in March 2024 saw over 48 listings sold above listed price, more than 19 sold at listed price and over 34 sold below. In March 2024 median list price was $815,000 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources