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862 Slate Street, San Marcos, CA 92078

$850K3bd · 3ba · 1,933 sqft
HOA $288/mo•Townhouse•
Active
•55d on market•MLS# 8N-2607839

Property Description

STUNNING VIEWS! Set against the rolling hills of Rancho Tesoro, this beautifully maintained Latitude end-unit home pairs a spacious, modern interior with spectacular west-facing views. Offered for sale for the first time, this home has been exceptionally well cared for and feels fresh and lightly used throughout. Two private patios, one off the main living area and another off the primary bedroom, create incredible spaces to enjoy the peaceful surroundings, colorful sunsets, and wide-open hillside views from one of the community’s most desirable locations. The bright, open-concept main living level brings the kitchen, dining, and living spaces together with LVP flooring and an easy flow to the outdoor view patio. The kitchen features generous counter space and storage, KitchenAid appliances and centers around an oversized island with plenty of room for gathering, prep, and dining. A conveniently located entry-level bathroom with additional storage adds functionality for both everyday living and guests. Upstairs, the primary suite feels like its own retreat with a spacious dual vanity, shower, walk-in closet, and direct access to a private patio overlooking the surrounding hills. The secondary bedrooms are generously sized with walk-in closets, and the additional bathroom at the end of the hall has a bathtub. And the upstairs laundry down the hall from the bedrooms makes day-to-day living that much easier. An attached two-car garage provides additional storage and direct access to the home. Owned solar and dual-pane windows add to the home’s everyday efficiency, and an EV-ready pre-wired electrical box in the garage makes adding an electric car charger simple. The home is also pre-wired for Cox, with existing equipment conveying for added convenience. It’s easy to imagine your elevated lifestyle at Rancho Tesoro, where peaceful surroundings meet exceptional everyday convenience and a low HOA. This gated community is surrounded by hills, open space, lakes, and bike and walking trails, with resort-style amenities including a beautiful pool, cabanas and loungers, BBQ and gathering areas, fire pits, playground, and sports field. Spend mornings fishing or exploring nearby trails, afternoons by the pool, and evenings watching the stunning sunset from your patio. And this location is hard to beat! Unlike the other new townhomes in the area, the prestigious Double Peak School is just around the corner and the SMUSD website lists Double Peak School as being assigned to this property. Discovery Lake, South Lake, Lake San Marcos, Double Peak, San Elijo Hills, CSUSM, Kaiser Permanente, Palomar hospital, shopping, restaurants, the 78 and the coast are all within easy reach. Tucked away yet remarkably connected, 862 Slate offers an exceptional combination of space, functionality, outdoor living, and some of Rancho Tesoro’s most memorable views.

Features & Amenities

FeeBuilt 2021

Property Details

Land Type
Fee
Year Built
2021
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Canyon, Courtyard, Hills, Mountain(s), Panoramic, Trees/Woods
Flooring
Vinyl, Carpet
Roof
Tile, Common Roof
City
San Marcos
Zip Code
92078
County
San Diego
Listed byUnknown Office, Kara Courtney

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,298.06
Principal & Interest
Loan Amount
$679,999
Total Interest
$867,301
Total Payment Over 30 Years
$1,547,300
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

862 Slate Street, San Marcos, CA 92078

San Marcos · Townhouse

$850K
Residential Tier
Beds
3
Baths
3
Sqft
1,933
Lot
0 sqft
Year
2021
$/Sqft
$440
Pool: Yes✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed in line with the median closed sale of $860,000. Price per sqft ($440) is a 13% discount to closed comps ($508).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $850K· $440/sqft
Total list price
Closed comps
vs closed median $860K
−$10K (−1.2%)
Active comps
vs active median $779K
+$71K (+9.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $478
−$38 (−8.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1220 Sunrise ViewSan Marcos2023331,6400$502$824,0004092
488 Gadget RoadSan Marcos2026341,9390$538$1.04M1180
921 Estrella RoadSan Marcos2026331,6860$447$752,9001179
915 Estrella RoadSan Marcos2026331,5910$467$742,9001178
406 Lotus DriveSan Marcos2026341,7812,613$437$779,000476
Total: 5 · Average3.03.41,727.42,613$478.2$828,36115.4
Median1,686$779,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1231 Sunrise ViewSan Marcos202208/06/2026441,9340$860,000$860,000$4451.003587
1632 Sunnyside AvenueSan Marcos200208/20/2026331,554321,037$1.05M$1.07M$6921.023683
2212 Laramie WaySan Marcos201310/07/2026331,65014,056$899,000$882,000$5350.9811078
1222 Sunrise ViewSan Marcos202207/20/2026341,8580$739,900$742,000$3991.006677
1600 Avery RoadSan Marcos200308/28/2026331,7400$825,000$815,000$4680.993476
Total: 5 · Average3.23.41,747.2167,546.5$874,800$874,800$507.8—56.2
Median1,740$860,000$860,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.