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1649 Palomar Drive, San Marcos, CA 92069

$835K3bd · 2ba · 1,257 sqft
Lot 0 sqft•HOA $650/mo•Single Family Residence•
Active
•102d on market•MLS# 8N-2606892

Property Description

ASSUMABLE VA LOAN AT 5.75% | LOW EQUITY GAP | NON-VA BUYERS MAY QUALIFY! Rare financing opportunity in San Marcos! Qualified buyers, including non-Veterans, may be eligible to assume the seller's existing VA mortgage at a 5.75% interest rate, subject to loan servicer approval. With a relatively small difference between the asking price and outstanding loan balance, this presents an attractive alternative to traditional financing. Buyer qualification and additional funds for applicable closing costs and fees required. Welcome to this beautifully maintained, move-in-ready single-story home featuring 3 bedrooms, 2 bathrooms, and approximately 1,257 square feet of thoughtfully designed living space. The bright, inviting floor plan features modern updates throughout, a custom built-in desk, and a newly installed ceiling fan in the living room. Step outside to a beautifully redesigned, private backyard featuring artificial turf, refreshed landscaping, new mulch, and an expanded patio—perfect for entertaining, relaxing, or enjoying Southern California's year-round outdoor lifestyle. Conveniently located near parks, shopping, dining, hiking trails, schools, and major commuter routes, this home combines comfort, convenience, and low-maintenance living. NEW PRICE! Seller welcomes offers. Don't miss this opportunity to own a move-in-ready home with an assumable VA mortgage.

Features & Amenities

FeeBuilt 1973

Property Details

Land Type
Fee
Year Built
1973
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Flooring
Laminate
City
San Marcos
Zip Code
92069
County
San Diego
Listed byHomeSmart Realty West, Tia M Blackwell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,222.21
Principal & Interest
Loan Amount
$667,999
Total Interest
$851,996
Total Payment Over 30 Years
$1,519,995
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1649 Palomar Drive, San Marcos, CA 92069

San Marcos · Single Family Residence

$835K
Affordable Tier
Beds
3
Baths
2
Sqft
1,257
Lot
0 sqft
Year
1973
$/Sqft
$664
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 8.4% above the median closed sale of $770,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $835K· $664/sqft
Total list price
Closed comps
vs closed median $770K
+$65K (+8.4%)
Active comps
vs active median $789K
+$46K (+5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $612
+$52 (+8.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1674 Palomar DriveSan Marcos1974321,3660$593$810,0005196
538 Shadow Hills DriveSan Marcos1979421,4797,841$588$870,00011478
2219 Sawgrass GlnEscondido1987221,3107,167$595$780,000976
838 Loganberry CourtSan Marcos1982321,0295,663$726$747,0002275
2238 Hilton HeadEscondido1987321,4104,356$560$789,0007975
Total: 5 · Average3.02.01,318.86,256.75$612.4$799,20055
Median1,366$789,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1422 Cottonwood CourtSan Marcos197806/11/2026321,3406,300$899,000$905,000$6751.013690
1321 Shadow Hills CourtSan Marcos197905/13/2026321,3297,841$899,990$925,000$6961.033389
1195 Via TeresaSan Marcos197810/30/2026221,0649,000$749,000$723,000$6800.965986
320 Calle AdelaSan Marcos197701/12/2026321,2857,200$795,000$770,000$5990.974186
329 Calle AdelaSan Marcos197707/21/2026221,0647,300$727,777$727,777$6841.002785
Total: 5 · Average2.62.01,216.47,528.2$810,155.4$810,155.4$666.8—39.2
Median1,285$770,000$770,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.