Sold for $1,275,000

Listed by: Realty Partners Services Inc. • Sean Hillier • Contact: 619-820-7202

Bought with: Realty Partners Services Inc.

Tax assessed value

$1,275,000

385 Lake Dr, Escondido, CA 92029

--beds

--baths

2,024sqft

Triplex

Built in 1929

-- sqft lot

$1,298,700 Zestimate^®

$630/sqft

$3,092 Estimated rent

Home value

$1,298,700

$1.19M - $1.42M

$3,092/mo

Zestimate^® history

Owner options

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$3,092/mo

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$3,092/mo

Rent Zestimate^®

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$8,116/mo

Est. payment

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$8,116/mo

Est. payment

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What's special

Rare find! Check out this beautifully remodeled 3-unit property in the charming Del Dios neighborhood next to Lake Hodges. It's perfect for an owner-occupant, a short-term rental or a long-term rental. Or, you could create a compound with extended family. Lots of possibilities! Front unit is a 3bed/2ba with new quartz countertops, flooring, new appliances, and much more -- plus THREE garaged parking spaces. Each of the two back units are also newly remodeled 1bedroom/1baths, with bonus rooms. Plus, they have their own private patios. Best of all, Seller is offering a 2-point loan rate buydown for offers with favorable price/terms! And, you get the small-town atmosphere of Del Dios, with tons of hiking and biking options at your doorstep -- yet you're still only minutes away from Rancho Santa Fe AND the heart of Escondido. Submit your offer today!

Facts & features

Interior

Heating

Propane

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Features

Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,024
Total interior livable area: 2,024 sqft

Property

Parking

Total spaces: 3
Parking features: Garage
Garage spaces: 3

Features

Entry location: Front door
Pool features: None

Lot

Size: 5,254 Square Feet
Features: Near Park, Rectangular Lot, Yard

Details

Parcel number: 2700860300
Zoning: Check with County.
Special conditions: Standard
Horse amenities: Riding Trail

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1929

Community & HOA

Community

Features: Fishing, Hiking, Horse Trails, Lake, Mountainous, Valley, Park

Location

Region: Escondido

Financial & listing details

Price per square foot: $630/sqft
Tax assessed value: $1,275,000
Annual tax amount: $14,453
Date on market: 9/18/2024
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
4/21/2026	Listing removed	$1,325,000+2.3%$655/sqft
Source: SDMLS #240007626 Report a problem
8/13/2025	Listing removed	$1,295,000+1.6%$640/sqft
Source: SDMLS #240015888 Report a problem
10/30/2024	Sold	$1,275,000$630/sqft
Source: CRMLS #PTP2405731 Report a problem
9/19/2024	Pending sale	$1,275,000$630/sqft
Source: CRMLS #PTP2405731 Report a problem
9/18/2024	Listed for sale	$1,275,000-1.5%$630/sqft
Source: CRMLS #PTP2405731 Report a problem
8/21/2024	Listing removed	--
Source: SDMLS #240015888 Report a problem
7/11/2024	Listed for sale	$1,295,000-2.3%$640/sqft
Source: SDMLS #240015888 Report a problem
7/11/2024	Listing removed	--
Source: SDMLS #240007626 Report a problem
6/18/2024	Price change	$1,325,000-5%$655/sqft
Source: SDMLS #240013409 Report a problem
5/14/2024	Price change	$1,395,000-6.7%$689/sqft
Source: SDMLS #240007626 Report a problem
4/10/2024	Listed for sale	$1,495,000+73.8%$739/sqft
Source: SDMLS #240007626 Report a problem
10/24/2023	Sold	$860,000+168.8%$425/sqft
Source: SDMLS #230015581 Report a problem
10/29/1999	Sold	$320,000+7011.1%$158/sqft
Source: Public Record Report a problem
6/12/1997	Sold	$4,500$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,453 +46.2%	$1,275,000 +48.3%
2024	$9,883 +78.1%	$860,000 +81.9%
2023	$5,548 +1.3%	$472,716 +2%
2022	$5,475 +1.7%	$463,448 +2%
2021	$5,382 +0.8%	$454,362 +1%
2020	$5,340 +7.9%	$449,704 +2%
2019	$4,950 -2.2%	$440,888 +2%
2018	$5,061 +1.8%	$432,244 +2%
2017	$4,974 +2.1%	$423,769 +2%
2016	$4,873 +1%	$415,461 +1.5%
2015	$4,827 +4.7%	$409,221 +2%
2014	$4,610	$401,205 +0.5%
2013	--	$399,393 +2%
2012	--	$391,562 +2%
2011	--	$383,885 +0.8%
2010	--	$381,017 -0.2%
2009	--	$381,924 +2%
2008	--	$374,436