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1241 Via Contessa

C

San Marcos, CA 92069

$985,000
NEW — 0d

Soft Appraisal Value: $975,200 · 1.0% above estimate

Beds

3

Baths

2

Sqft

1,782

Year Built

2002

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604411

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Welcome to this beautifully maintained two-story home located in the highly desirable community of Santa Fe Hills in San Marcos. Situated on a spacious corner lot, this warm and inviting residence offers approximately 1,782 square feet of comfortable living space with 3 bedrooms, 2.5 bathrooms, and a versatile upstairs loft perfect for a home office, media area, playroom, or additional lounge space. From the moment you enter, the home offers a welcoming and functional layout designed for both everyday living and entertainment. A formal sitting area greets you at the entry, creating an elegant first impression and an ideal space for conversation or relaxation. Toward the rear of the home, the recently updated kitchen features modern finishes, stylish cabinetry, and an efficient layout. It comes together with the open-concept family room, dining area offering the perfect setting for gathering with friends and family. All of this opens directly to the backyard, allowing for effortless indoor-outdoor living. The first floor is finished with durable tile flooring, while the upstairs bedrooms feature newer carpeting for comfort and warmth. The upstairs common areas and staircase have been upgraded with stylish hard-surface flooring, giving the home a fresh and contemporary feel throughout. All three bedrooms are located upstairs, including a spacious primary suite with an updated main bathroom featuring tasteful modern touches. The additional loft area adds flexibility rarely found in homes of this size and provides valuable extra living space for today's evolving lifestyle needs. Step outside to a generously sized and beautifully landscaped backyard designed for year-round enjoyment. The outdoor space includes a grassy lawn area, a concrete patio, and a fire pit perfect for evening gatherings, weekend barbecues, or simply relaxing under the San Diego County sky. The corner lot location provides additional privacy and an enhanced sense of openness. One of the standout benefits of this property is the absence of HOA fees or HOA restrictions, allowing homeowners greater flexibility and lower monthly ownership costs. The home is also equipped with an extensive professionally installed security system featuring multiple cameras, providing enhanced security, convenience, and peace of mind. Santa Fe Hills is one of San Marcos' most sought-after communities, known for its welcoming atmosphere, well-maintained neighborhoods, parks, and convenient access to major amenities. The home is ideally located near shopping centers, grocery stores, restaurants, coffee shops, and entertainment options, making daily living both comfortable and convenient. For students, faculty, or investors, the location offers close proximity to both Palomar College and California State University San Marcos, creating strong long-term housing demand and excellent future resale appeal. The area also benefits from nearby public transportation options and convenient access to major commuter routes connecting to the rest of North County San Diego. San Marcos continues to experience strong growth and long-term appreciation due to its expanding educational, employment, and commercial opportunities. Buyers are consistently drawn to the area for its balance of suburban comfort, accessibility, and quality of life. The home is located within highly regarded local school districts, adding further appeal for families and long-term homeowners alike. Whether you are looking for a primary residence, a move-up home, or an investment in one of North County's strongest housing markets, this property offers an exceptional opportunity to enjoy comfort, convenience, and lasting value in the heart of Santa Fe Hills.

Mortgage Calculator

Est. Monthly Payment

$6,253

Principal & Interest$4,981
Property Tax$985
Insurance$287
%($197,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,477
Monthly Cashflow

Rent − PITIA

$-1,776
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,626

Mortgage (P+I)
$4,981
Cap Rate
1.65%
Cash-on-Cash
-22.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$9,186

NOI (Annual)
$16,253
Price-to-Rent

Lower = better for investors

18.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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