1401 El Norte Parkway
DSan Marcos, CA 92069
Soft Appraisal Value: $316,900 · 57.4% above estimate
Beds
2
Baths
2
Sqft
1,622
Year Built
2003
Days on Market
58
Property Type
Single Family
HOA/mo
$222
MLS ID
NDP2600592
Description
This move-in-ready home is now available in the sought-after 55+ Madrid Manor community. Notably, this property includes the land, so there is no land lease or rent required. The home features vaulted ceilings with skylights for natural light, laminate flooring, and ceiling fans in every room. The layout includes a wide hallway leading to the bedrooms and a guest bath, plus an optional room perfect for a den, office, or craft space. The large kitchen offers a center island for extra workspace, while the primary suite includes a walk-in closet and a walk-in shower. Outside, an extra-long carport provides ample space for outdoor entertaining. The unit is conveniently located near the clubhouse and guest parking, with easy access to I-15 and shopping. Madrid Manor amenities include: Large clubhouse with a kitchen and dining area (125-person capacity) Pool, spa, and fitness facilities (exercise and aerobics rooms) Card room, library, and pool room with three tables Tennis and pickleball courts, mini-golf, and shuffleboard Dance studio and additional meeting rooms Landscaped hillside with walking paths
Mortgage Calculator
Est. Monthly Payment
$3,389
Comparable Properties
5 comps foundThis Property
$2,915
Comp Average
$2,729
1401 El Norte Pkwy
2bd / 2ba · 1,440 sqft · Manufactured
$398K
Est. $2,915/mo
1401 El Norte Pkwy
2bd / 2ba · 1,200 sqft · Manufactured
$410K
Est. $2,915/mo
1401 El Norte Parkway
3bd / 2ba · 1,200 sqft · Manufactured
$446K
Est. $2,967/mo
909 Richland Road
2bd / 2ba · 1,540 sqft · Manufactured
$445K
Est. $2,915/mo
3431 Capalina Road
1bd / 1ba · 589 sqft · Condo
$310K
Est. $1,932/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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