
1401 El Norte Parkway, 39, San Marcos, CA 92069
1401 El Norte Parkway, 39, San Marcos, CA 92069
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Marcos · Manufactured On Land
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1401 El Norte Parkway | San Marcos | 2025 | 2 | 2 | 1,550 | 1,992,434 | $348 | $539,000 | 105 | 84 |
| 1401 El Norte Parkway | San Marcos | 1999 | 3 | 2 | 1,493 | 1,992,000 | $328 | $489,400 | 146 | 79 |
| 2010 San Marcos Blvd #18 | San Marcos | 1988 | 2 | 2 | 1,488 | 5,479 | $427 | $635,000 | 57 | 79 |
| 909 Richland Rd | San Marcos | 1984 | 2 | 2 | 1,584 | 841,471 | $323 | $510,999 | 38 | 79 |
| 1175 La Moree Road 33 | San Marcos | 1977 | 2 | 2 | 1,440 | 885,610 | $267 | $385,000 | 1 | 79 |
| Total: 5 · Average | 2.2 | 2.0 | 1,511 | 1,143,398.8 | $338.6 | $511,879.8 | 69.4 | |||
| Median | 1,493 | $510,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 150 Rancho Santa Fe Road | San Marcos | 2015 | 09/23/2026 | 3 | 2 | 1,495 | 3,500 | $519,900 | $515,000 | $344 | 0.99 | 56 | 90 |
| 909 Richland Road | San Marcos | 1984 | 05/08/2026 | 2 | 2 | 1,540 | 3,000 | $444,900 | $439,000 | $285 | 0.99 | 186 | 84 |
| 1401 El Norte Parkway | San Marcos | 2019 | 10/05/2026 | 3 | 2 | 1,056 | 2,600 | $445,000 | $445,000 | $421 | 1.00 | 56 | 81 |
| 1175 La Moree Road | San Marcos | 1978 | 05/29/2026 | 2 | 2 | 1,760 | 2,800 | $439,000 | $450,000 | $256 | 1.02 | 34 | 80 |
| 2010 San Marcos Boulevard | San Marcos | 1990 | 08/06/2026 | 2 | 2 | 1,500 | 4,791 | $724,900 | $715,000 | $477 | 0.99 | 172 | 80 |
| Total: 5 · Average | 2.4 | 2.0 | 1,470.2 | 3,338.2 | $512,800 | $512,800 | $356.6 | — | 100.8 | ||||
| Median | 1,500 | $450,000 | $450,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.