$530,000
●
House -
Off Market
984 San Pablo Dr
San Marcos, CA 92078
2 Beds
2 Baths
1,475 Ft²
$796,222
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Fixer in Lake San Marcos! Single level on golf course w/partial
golf course views and large backyard. Open floor plan w/spacious
living room and family room. Room off master not permitted. New
roof. So much potential! Dine at the upscale new restaurant on the
lake, take leisurely walks or enjoy a round of golf, all nearby!
Neighborhoods: Lake San Marcos Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,475 Ft²
Days on Market
16 days
Land Size
0.22 acres
Price per sqft
$339
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #170045773)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Dec 31, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Decreased |
$1,199,000
↓ $121K
(9.2%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Increased |
$1,320,000
↑ $40K
(3.1%) | |
| Price Increased | |||
| Jul 15, 2025 | Listed by Signature Properties | $1,280,000 | |
| Listed by Signature Properties | |||
| | |||
|
Big Price $ 121 000 Price Reduction Dec 1 . impressive remodel completed in early October . Updates include all-new flooring throughout, a true third bedroom, an expanded primary suite with a large walk-in closet, and a redesigned bathroom with a new shower and vanity, mirrored closet doors in secondary bedrooms. Set on a spacious 9,400 sq. ft. flat usable end-unit lot adjacent to the 12th green of the Links at the Lakehouse golf course. Recent upgrades also include a new roof, professional landscaping, fresh exterior paint, new fencing, and a refreshed outdoor entertaining space. Inside, enjoy a bright open layout with a remodeled kitchen, new dual-pane windows, modern baths, and a new HVAC system for year-round comfort. The modern finishes and neutral palette create a timeless, move-in-ready retreat. Just moments from golf, lakefront dining, and resort-style amenities this like-new home blends luxury and lifestyle in one of North County’s most desirable communities. No HOA or no Mello Roos. Some photos have been virtually staged.
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About Lake San Marcos
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Listed by: Cristine Clark, Realty Executives REALTORS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170045773
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170045773
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