2241 Indus Way, San Marcos, CA 92078
2241 Indus Way, San Marcos, CA 92078
Property Description
Affordable housing unit: maximum price & income requirements set by the City of San Marcos. This tri-level SOLAR townhome features 1,158 square feet, 2 bedrooms, and 2.5 bathrooms. One of the few units in Solaire that features leased solar! The main floor offers laminate flooring throughout the living room, kitchen, and bathroom. Plantation shutters throughout, a balcony off the living room, water softener, a BONUS ROOM, and an attached 2-car garage. Enjoy resort-style community amenities including a pool, spa, BBQ and picnic areas. Back on the market: fell out of escrow through no fault of the seller. This unit is part of the City of San Marcos Affordable Housing Program. Maximum price & income requirements apply, and the home must be owner-occupied, it cannot be purchased or used as a rental. Buyers must be qualified and approved by the City prior to purchase. Program guidelines and qualification sheet available on request: please confirm eligibility before scheduling a showing. Link to guidelines are below: https://drive.google.com/drive/folders/14zyEVXnSYs10SZ0_xyz1By-NwZ5c3NKz?usp=drive_link
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
San Marcos · Condominium
Listed 30.9% below the median closed sale of $650,000. Price per sqft ($388) is a 33% discount to closed comps ($578). Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 189 Mission Villas | San Marcos | 2023 | 2 | 3 | 1,105 | 0 | $584 | $645,000 | 13 | 94 |
| 819 Blackstone Drive | San Marcos | 2021 | 2 | 3 | 1,229 | 0 | $537 | $660,000 | 38 | 94 |
| 1812 FAIRWAY Circle | San Marcos | 1975 | 2 | 2 | 1,150 | 0 | $522 | $599,888 | 4 | 79 |
| 542 Beverly Place | San Marcos | 1980 | 2 | 2 | 1,068 | 193,988 | $473 | $505,000 | 4 | 79 |
| 1242 Rue Saint Moritz | San Marcos | 1989 | 2 | 2 | 1,443 | 196,891 | $658 | $949,000 | 4 | 78 |
| Total: 5 · Average | 2.0 | 2.4 | 1,199 | 195,439.5 | $554.8 | $671,777.6 | 12.6 | |||
| Median | 1,150 | $645,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 403 Almond Rd | San Marcos | 2004 | 07/07/2026 | 2 | 3 | 879 | 0 | $594,000 | $605,000 | $688 | 1.02 | 48 | 84 |
| 1510 Caminito Aguar | San Marcos | 1989 | 08/06/2026 | 2 | 2 | 1,076 | 674,242 | $722,000 | $731,000 | $679 | 1.01 | 42 | 83 |
| 833 Rockmint Drive | San Marcos | 1996 | 08/07/2026 | 3 | 3 | 1,329 | 41,942 | $754,000 | $765,000 | $576 | 1.01 | 30 | 83 |
| 273 Richland | San Marcos | 2007 | 06/30/2026 | 3 | 3 | 1,419 | 26,277 | $639,900 | $650,000 | $458 | 1.02 | 61 | 81 |
| 1866 Fairway Circle | San Marcos | 1975 | 07/28/2026 | 2 | 2 | 1,150 | 1,150 | $580,000 | $565,000 | $491 | 0.97 | 59 | 80 |
| Total: 5 · Average | 2.4 | 2.6 | 1,170.6 | 185,902.75 | $663,200 | $663,200 | $578.4 | — | 48 | ||||
| Median | 1,150 | $650,000 | $650,000 | ||||||||||
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.