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1401 El Norte Parkway, 39, San Marcos, CA 92069

$475K3bd · 2ba · 1,521 sqft
Lot 2,900 sqft•HOA $266/mo•Manufactured On Land•
Active
•6d on market•MLS# 8N-2609378

Property Description

NO SPACE RENT! FHA, VA & FANNIE MAE FINANCING ELIGIBLE! RECORDED 433A! Welcome to this beautiful 2013 Silvercrest home located in Madrid Manor, a highly desirable resident-owned 55+ community! This light and bright home offers an inviting floor plan with high ceilings, elegant coffered ceilings, crown and baseboard molding, and thoughtful upgrades throughout. The spacious island Kitchen features convenient pull-out cabinetry, recessed lighting, and a solar tube that fills the space with natural light. A generously sized corner pantry provides additional storage in the adjoining laundry room. Enjoy a cheerful dining room, a comfortable living area, and a versatile den that can serve as a home office or potentially be converted into a third bedroom. (Note, the 3rd bedroom listed represents the Den and does NOT have a closet currently). The Primary Suite features a walk-in closet, while four solar tubes throughout the home, five ceiling fans, and central A/C add to the home’s comfort and appeal. Step outside to enjoy a welcoming front porch, three citrus trees, a fenced dog yard, and a storage shed with lighting. Madrid Manor offers an active lifestyle with a low monthly HOA of just $266 and an impressive array of amenities, including a clubhouse, pool and spa, tennis and pickleball courts, putting greens, billiards, fitness center, library, shuffleboard, BBQ area, walking and hiking trails, scenic waterfalls and ponds, RV parking, car wash, and more! Conveniently located near shopping, dining, Costco, Walmart, and Kohl’s. IMPORTANT: This lot is subject to City of San Marcos income restrictions. Buyers must apply with the City and qualify under its low-income eligibility requirements. An exceptional opportunity to enjoy newer construction, NO space rent, a low HOA, financing eligibility, and a wonderful community lifestyle!

Features & Amenities

FeeBuilt 2013

Property Details

Land Type
Fee
Year Built
2013
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air
Cooling
Central Air
View
None
Flooring
Carpet, Laminate
Roof
Composition
City
San Marcos
Zip Code
92069
County
San Diego
Listed byUnknown Office, Leah Cole

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,401.86
Principal & Interest
Loan Amount
$380,000
Total Interest
$484,669
Total Payment Over 30 Years
$864,669
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

1401 El Norte Parkway, 39, San Marcos, CA 92069

San Marcos · Manufactured On Land

$475K
Affordable Tier
Beds
2
Baths
2
Sqft
1,521
Lot
2,900 sqft
Year
2013
$/Sqft
$312
Pool: Yes✓
Spa: Yes✓
View: None✓

Listed 5.6% above the median closed sale of $450,000. Price per sqft ($312) is a 13% discount to closed comps ($357).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $475K· $312/sqft
Total list price
Closed comps
vs closed median $450K
+$25K (+5.6%)
Active comps
vs active median $511K
−$36K (−7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $339
−$27 (−7.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1401 El Norte ParkwaySan Marcos2025221,5501,992,434$348$539,00010584
1401 El Norte ParkwaySan Marcos1999321,4931,992,000$328$489,40014679
2010 San Marcos Blvd #18San Marcos1988221,4885,479$427$635,0005779
909 Richland RdSan Marcos1984221,584841,471$323$510,9993879
1175 La Moree Road 33San Marcos1977221,440885,610$267$385,000179
Total: 5 · Average2.22.01,5111,143,398.8$338.6$511,879.869.4
Median1,493$510,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
150 Rancho Santa Fe RoadSan Marcos201509/23/2026321,4953,500$519,900$515,000$3440.995690
909 Richland RoadSan Marcos198405/08/2026221,5403,000$444,900$439,000$2850.9918684
1401 El Norte ParkwaySan Marcos201910/05/2026321,0562,600$445,000$445,000$4211.005681
1175 La Moree RoadSan Marcos197805/29/2026221,7602,800$439,000$450,000$2561.023480
2010 San Marcos BoulevardSan Marcos199008/06/2026221,5004,791$724,900$715,000$4770.9917280
Total: 5 · Average2.42.01,470.23,338.2$512,800$512,800$356.6—100.8
Median1,500$450,000$450,000

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.