650 Rancho Santa Fe
1 / 20

650 Rancho Santa Fe #265

A

San Marcos, CA 92078

$334,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,536

Year Built

1976

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605606

This property is in San Marcos (92078). View neighborhood stats →

Virtual Tour

About This Property

Perched in a prime location within Palomar Estates East, this beautifully updated 2-bedroom, 2-bath, 1,536 esf home offers stunning light, mountain, and seasonal fireworks views from multiple vantage points. Enjoy the benefits of an upgraded home with no property taxes. Major improvements include owned solar, which complements the home's all-electric design, a newer roof, dual-pane windows, a heat pump HVAC system, a water heater, a skylight, and updated flooring. Step inside to an open-concept living and dining area with vaulted ceilings and large windows that flood the space with natural light, creating an inviting and airy atmosphere. The spacious kitchen offers abundant cabinet space, including pantry storage, along with a window that enhances the bright, open feel of the home. Additional features include a flat cooktop, double ovens, dishwasher, and plenty of workspace for everyday living and entertaining. Just beyond the kitchen are two flexible bonus spaces—currently configured as an office and hobby room—offering endless possibilities to suit your needs. The office features an additional storage alcove, ideal for shelves or closet space. A unique interior window between the office and primary bedroom allows natural light and view to flow between the spaces, while adjustable window coverings provide privacy when desired. The primary bedroom features large mirrored closets, and direct access to a covered deck with expansive views. The spacious ensuite bathroom includes dual sinks separated by a dedicated vanity area, a large tub in shower combination, and linen cabinetry for additional storage. A privacy door encloses the toilet area, adding both convenience and functionality. Additional features include a large front porch, point-of-use water filtration systems throughout, resurfaced tub and shower, ramp and stair access from the carport, and a gas connection available on the property. A dedicated laundry room offers cabinetry, space for a side-by-side washer and dryer, and a direct access door to the carport. The home's all-electric design, paired with owned solar, offers the benefits of energy-conscious living. Pull into the oversized concrete carport with room for up to three vehicles, complete with a 220V outlet for EV charging. A large rebuilt shed (approximately 12' x 15') includes shelving, a workbench, and two windows that bring in natural light while working on projects. Combining major upgrades, versatile living spaces, and exceptional views, this is a rare opportunity in one of Palomar Estates East's most desirable locations. Don't miss the floorpan diagram! Welcome to Palomar Estates East, a 55+ community in San Marcos known for its resort-style amenities, rent-controlled space leases, and convenient North County location. Enjoy access to a clubhouse, pool, spa, fitness center, pickleball and tennis courts, dog park, putting green, and a full calendar of community activities -- all of this in addition to nearby shopping, dining, golf and Lake San Marcos.

Mortgage Calculator

Est. Monthly Payment

$2,120

Principal & Interest$1,689
Property Tax$334
Insurance$97
%($66,800)
%

Location

Loading map...

Investment Score

80A
Est. Monthly Rent
$2,171
Monthly Cashflow

Rent − PITIA

+$51
Full Cashflow

Incl. vacancy, PM, maint, capex

$-727

Mortgage (P+I)
$1,689
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,115

NOI (Annual)
$11,548
Price-to-Rent

Lower = better for investors

12.8

* 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.

Get Expert AnalysisOpen Full Calculator