$885,000
●
House -
Off Market
1490 SANDBAR DR
San Marcos, CA 92078
5 Beds
3 Baths
3,401 Ft²
$1,505,820
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model
About This Property
Stunning light & bright pool property in very desirable gated
Promontory Ridge of San Elijo Hills. This home features dramatic
high ceilings, 4 Beds, 3 Baths, a full bedroom/bath downstairs, 2
lofts, 3 car garage, very private newly renovated serene yard with
pool and spa, OWNED SOLAR, waterfalls, Built-in outdoor BBQ kitchen
island with fridge, bar seating and custom pavers ideal for
entertaining poolside. Beautiful interior upgrades, granite
kitchen, crown molding and a lux master suite with retreat!!
Neighborhoods: San Elijo Hills Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: ,,
Unit Size
3,401 Ft²
Days on Market
59 days
Land Size
0.21 acres
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
$127
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #160057402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by United Realty Group | $1,775,000 | |
| Listed by United Realty Group | |||
| | |||
|
Welcome to your personal oasis in the private gated community of Promontory Ridge in San Elijo! This stunning 5-bedroom, 3-bathroom home offers 3,401 square feet of thoughtfully designed living space. The expansive master suite includes a relaxing retreat, perfect for unwinding after a long day. Recent renovations have modernized the kitchen and bathrooms, adding both style and functionality. The beautifully landscaped backyard is ideal for entertaining, featuring a sparkling pool, spa, spacious patio, and a built-in BBQ area for gatherings year-round. Recently installed and fully paid-off Tesla Powerwall (2) paired with 20 Longi solar panels not only enhances the home’s value but also provides significant savings by drastically reducing utility costs. Welcome to your personal oasis in the private gated community of Promontory Ridge in San Elijo! This stunning 5-bedroom, 3-bathroom home offers 3,401 square feet of thoughtfully designed living space. The expansive master suite includes a relaxing retreat, perfect for unwinding after a long day. Recent renovations have modernized the kitchen and bathrooms, adding both style and functionality. The beautifully landscaped backyard is ideal for entertaining, featuring a sparkling pool, spa, spacious patio, and a built-in BBQ area for gatherings year-round. Recently installed and fully paid-off Tesla Powerwall (2) paired with 20 Longi solar panels not only enhances the home’s value but also provides significant savings by drastically reducing utility costs.
| |||
| Dec 19, 2016 | Sold | ||
| Sold | |||
| Oct 21, 2016 | Listed by HomeSmart Realty West | $895,000 | |
| Listed by HomeSmart Realty West | |||
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About San Marcos
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Listed by: Travis McClain, HomeSmart Realty West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160057402
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160057402
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