54
Map
$870,000
↓ $25K (2.8%)
●
House -
For Sale
538 Shadow Hills Drive
San Marcos, CA 92069
4 Beds
2 Baths
1,479 Ft²
$4,367
Est. Monthly
$95
HOA / Fees
About This Property
Welcome to this exceptional home in the highly desirable San Marcos
Woods community! Enjoy your own private backyard retreat featuring
a recently resurfaced pool, putting green, and an entertainer's
dream outdoor living space perfect for relaxing or hosting family
and friends. This well-maintained home has been thoughtfully
updated with vinyl windows, newer HVAC, roof, fencing, and many
additional improvements, offering comfort and peace of mind for
years to come. Ideally located within walking distance of Knob Hill
Elementary, Woodland Park Middle School, Mission Hills High School.
Woodland Park is also within walking distance. Both Knob Hill
Elementary and Woodland Park Middle are currently undergoing
complete rebuilds, adding even more value to this outstanding
location. Conveniently situated just minutes from Highways 78 and
15, Palomar College, California State University San Marcos,
Palomar and Kaiser Hospitals with Scripps coming soon. Plus, you're
only about 30 minutes from the beautiful North County beaches. This
is a wonderful opportunity to enjoy the best of San Marcos living
with top-rated schools, outstanding amenities, and an unbeatable
location.
Unit Size
1,479 Ft²
Days on Market
104 days
Land Size
0.18 acres
Price per sqft
$588
Property Type
House
Property Taxes
-
HOA Dues
$95
Year Built
1900
Listed By
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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: 2 months ago (SDMLS #NDP2606486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$870,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$895,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$920,000
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Sharon Jenkins Real Estate | $950,000 | |
| Listed by Sharon Jenkins Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1479
Square Footage Source: $0
Year Built: 1979
Levels: One
Pool Features: Private
Pool is Private
Lot Features: Back Yard, Front Yard, NearPark, StreetLevel
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Utilities Details
Cooling Type: Central Air
Location Details
HOA/Condo/Coop Amenities: Playground
HOA Fee: $95
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Sharon Jenkins, Sharon Jenkins Real Estate
Last Updated: 2 months ago
Data Source: CRMLS, MLS# NDP2606486
Last Updated: 2 months ago
Data Source: CRMLS, MLS# NDP2606486
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