338 Merrywood
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338 Merrywood

C

Escondido, CA 92025

$1,400,000
NEW — 2d

Beds

4

Baths

3

Sqft

3,801

Year Built

1979

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015925SD

This property is in Escondido (92025). View neighborhood stats →

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About This Property

Range Price: $1,200,000-$1,400,000. Hidden from the street and tucked away on just over 1.8 acres, this custom hillside retreat offers the kind of privacy that you wondered if you’d ever find. A long private drive leads to a home designed to embrace its peaceful setting, where vaulted wood ceilings and walls of glass fill the living spaces with natural light and frame views that stretch for miles. The beautifully remodeled kitchen flows effortlessly into the main living areas and out to what may become the heart of the home—a covered outdoor living room overlooking the pool, spa, outdoor sauna and sweeping view. It's the perfect place to entertain, unwind or simply enjoy the quiet that makes this property so special. The thoughtfully designed multi-level floor plan offers exceptional flexibility, with bonus room and two bedrooms on the lower level that are ideal for guests, multigenerational living, home offices or creative pursuits. Owned solar, a three-car garage with EV charging, workshop, and abundant parking add everyday convenience. Bordering the natural backdrop of Kit Carson Park, the expansive lower portion of the property offers room to dream—whether imagined as gardens, recreation or future improvements, subject to buyer investigation and County approval. Where else have you found a property that offers this level of privacy, outdoor living, flexibility and room to imagine what's next?

Mortgage Calculator

Est. Monthly Payment

$8,887

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
%($280,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,634
Monthly Cashflow

Rent − PITIA

$-4,253
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,486

Mortgage (P+I)
$7,079
Cap Rate
0.51%
Cash-on-Cash
-27.80%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$13,057

NOI (Annual)
$7,122
Price-to-Rent

Lower = better for investors

25.2

* 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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