See Home Value
$415,000
● House - Off Market

138 Terrace

San Marcos, CA 92069
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,024 Ft²
$761,368
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Wow, lowest price per SF in San Marcos $211/SF ! Come check out this ranch style single family home on a giant usable lot. Inside and outside need a lttle TLC, but at this price per SF there is plenty of room for profit for an owner user. Quaint unpaved street gives a country feel to this cul de sac location ! Super cute street access with great location to shopping, restaurants and the Civic Center Neighborhoods: San Marcos Equipment:  Range/Oven Other Fees: 0 Sewer:  Sewer Connected Topography: LL
Unit Size
2,024 Ft²
Days on Market
63 days
Land Size
0.26 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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Last updated: 4 months ago (SDMLS #150036072)

Price History

Date / Event Date Event Price
Apr 2, 2026 Sold
Sold
Mar 18, 2026 In contract -
In contract
Mar 2, 2026 Listed by Allison James Estates & Homes $880,000
Listed by Allison James Estates & Homes
Located in the heart of San Marcos, this 4-bedroom, 2-bath home with a bonus room/office offers 2,024 sq ft of living space on an expansive 11,400 sq ft lot, combining comfort, flexibility, and the laid-back lifestyle North County is known for. As you arrive, a large circular driveway and spacious front approach create a welcoming first impression while providing plenty of parking for guests, toys, and everyday convenience. One of the property’s most unique features is the dedicated RV parking setup designed to accommodate up to a 36-foot RV, complete with sewer connection and both 30- and 50-amp hookups—a rare find that makes this home especially appealing for adventure-minded homeowners. Inside, the home offers a comfortable and versatile layout with multiple living spaces, including a bonus/sunroom area that can serve as a game room, office, or additional living space. The kitchen features abundant cabinetry, brand-new appliances, and a window overlooking the backyard, filling the space with natural light and making it a welcoming hub for everyday living. Several bathrooms have been beautifully updated with new vanities and modern walk-in showers, adding a fresh touch to key areas of the home. Additional features include dual-pane windows, a whole-house fan, mini-split cooling systems, a furnace for heating, and generous built-in storage throughout. Energy-conscious buyers will appreciate the solar system paired with a newer electrical panel and Tesla backup, offering efficiency and peace of mind for years to come. Step outside to enjoy the spacious backyard with endless possibilities—whether you envision a garden, outdoor entertaining area, or simply a place to relax and enjoy the sunshine. Mature landscaping, including a producing grapefruit tree, adds charm to the outdoor setting, while a storage shed provides additional utility. The location offers the best of North County convenience, just minutes from local parks, shopping, and dining, with easy access to schools within the San Marcos Unified School District. Commuters will appreciate quick and easy access to the 78, while coastal destinations like Carlsbad and Oceanside are only a short drive away. With its generous lot, RV-ready infrastructure, solar system, flexible living spaces, and prime San Marcos location, this property offers a wonderful opportunity to create a home that truly fits your lifestyle.
Sep 2, 2015 Sold
Sold
Jul 1, 2015 Listed by Tierra Capital Corp $429,000
Listed by Tierra Capital Corp

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 000

    Dimensions

  • Lot Size Square Feet: 11,400
  • Total Building Area: 2,024
  • Building Area: 2,024
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO LOS VALLECITOS DE SAN M
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: BLK 59 LOT 4 /EXC WLY 153.50 FT/ NLY 90 FT OF SLY 780 FT IN TR 000806

Neighborhood

  • School District Name: San Marcos Unified School District
  • School Tax School District: SAN MARCOS CITY
  • Census Tract: 020023

Zoning

  • Zoning: R-1-7.5

Geography

  • Assessors Map Reference: 000806
  • Subdivision Tract Number: 000806
  • Parcel: 220-311-21-00
  • Block: 59
  • Lot: 4
  • Municipality: CITY OF SAN MARCOS
  • Latitude: 33.1412
  • Longitude: -117.156

    Address

  • Full Address: 138 Terrace Ln
  • Address - House Number: 138
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Marcos
  • Carrier Code: C013
  • 4-Digit Zip Code: 2913
  • Zip Code: 92069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,468
  • Tax Rate Code Area: 13-109

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 902,498
  • High Value: 1,052,779
  • Low Value: 752,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,192
  • Assessed Land Value: $108,613
  • Assessed Improvements Value: $363,579

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2015
  • Current Sale Recording Date: Sep 02, 2015
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2015-0465973
  • Previous Sale Recording Date: Mar 30, 2015
  • Previous Sale Contract Date: Mar 13, 2015
  • Previous Sale Amount: $338,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About San Marcos


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Frequently Asked Questions

When was property at 138 Terrace Lane built and last sold?
The property at 138 Terrace Lane was built in 1960 and last sold on Aug 11, 2015 for $415,000.
How much is this home worth?
The estimated value of the home located at 138 Terrace Lane is $859,029.
What are some comparable homes to 138 Terrace Lane?
There are currently no comparable homes to 138 Terrace Lane.