
525 El Norte Parkway #131
Btop 30%Escondido, CA 92026
Pass at asking: -$2,275/mo full cashflow at 20% down, 7.49% rate.
Works at $199,113 (60% under asking), or at 86% down.
Rent $2,449/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,440
Year Built
1970
Days on Market
0
Property Type
Manufactured
HOA/mo
$350
MLS ID
NDP2610014
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
STUNNING FULLY REMODELED HOME WITH MOUNTAIN VIEWS, EXCEPTIONAL PRIVACY, AND LAND OWNERSHIP! Welcome to Rancho Escondido, a desirable 55+ gated, resident-owned community where you OWN THE LAND and enjoy resort-style amenities with a low monthly HOA fee! Situated on a spacious, private pie-shaped lot with very few neighboring homes in view, this beautifully remodeled property offers a rare combination of privacy, picturesque mountain views, and thoughtfully designed indoor and outdoor living spaces. Enjoy the scenic views through the large picture windows in the Living room or relax on the expansive covered porch surrounded by peaceful, private surroundings. Extensively remodeled in 2022, this home showcases a stunning transformation, including a completely redesigned Kitchen and Bathrooms, dual-pane windows throughout, new interior and exterior doors, drywall, molding, fixtures, and fresh interior and exterior paint. Additional improvements include recent releveling and foundation upgrades. The current owner has further enhanced the home with beautiful window shutters and thoughtfully placed fencing and gates to accommodate a small pet. At the heart of the home is a gorgeous, spacious Island Kitchen featuring quartz countertops, solid wood cabinetry with soft-close drawers, updated appliances and fixtures, and generous counter space. The beautifully remodeled Primary Bathroom features an oversized custom step-in shower, dual vanities, and dual sinks. Outdoor living is equally impressive! The oversized covered porch offers a wonderful place to unwind and take in the mountain views, while a separate concrete patio with gazebo and custom brickwork provides another inviting space for entertaining or relaxing. The exceptionally spacious, customized carport accommodates approximately 3–4 vehicles and features convenient low-rise steps leading to the back entrance. A large storage shed and multiple additional outdoor storage units provide plenty of room for tools, hobbies, and seasonal belongings. Rancho Escondido is a 5-star, gated, resident-owned community for residents 55+, with a second resident permitted to be 45+. Enjoy an active social atmosphere and an impressive array of amenities, including two clubhouses, two swimming pools and spas, a fitness center, billiards room, library, organized community events, and RV parking for an additional fee, subject to availability. The remarkably affordable HOA fee of just $350 per month includes water, sewer, trash, and basic cable! One small pet is permitted, and homes may be rented with prior HOA approval. Buyer and Buyer’s Agent to verify community rules, restrictions, fees, and amenities with the HOA/park office. Conveniently located within walking distance of shopping, dining, banking, and public transportation, with easy freeway access, this exceptional property offers the perfect blend of comfort, privacy, convenience, and an active lifestyle. Beautifully remodeled, wonderfully private, and situated on land you own — this is a home you truly must see to appreciate!
Mortgage Calculator
Est. Monthly Payment
$3,749
Location
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Zoned Schools
Elementary
Rock Springs Elementary · grades K-5 · Escondido Union
Middle
Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union
High
Escondido High · grades 9-12 · Escondido Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$2,449
Comp Average
$2,449
8975 Lawrence Welk Drive
2bd / 2ba · 1,392 sqft · Manufactured
$315K
Est. $2,449/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$399K
Est. $2,449/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$425K
Est. $2,449/mo
1815 Lynx Glen
2bd / 2ba · 1,344 sqft · Manufactured
$525K
Est. $2,449/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,488 sqft · Manufactured
$500K
Est. $2,449/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,275/mo short at 20% down; 86% down or +$2,954/mo rent closes it.
- Break-even price
- $199,113
- Break-even rent
- $5,403/mo
- Cashflow at 35% down
- −$1,757/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
60% under asking
$2,954/mo above the estimate
$424,840 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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