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$1,400,000

Beds
10
Baths
7.0
sq ft
5,584

22228 Crestline Rd, Palomar Mountain, CA 92060

22228 Crestline Rd

Palomar Mountain, CA 92060

  • 270 days on market
    • Price drop $199,000↓
You are invited to step back into a century of history at The Lodge on Palomar Mountain! A once-in-a-lifetime opportunity awaits to own a piece of mountain history with The Lodge, a captivating destination established in the 1930s. Historic ambiance and modern comforts converge at this diamond in the sky. Steeped in character and brimming with potential, The Lodge has served as a cherished gathering place for generations. From lively dances and celebratory dinners to romantic escapes and unforgettable weddings, its walls hold countless stories and memories of ages passed. Situated on a relatively flat, scenic 3.74-acre estate, The Lodge offers an unparalleled mountain experience, enhanced by a series of modern upgrades. Step into the grand 1,800 +/-sf. great room, featuring soaring log-beam ceilings and a stunning natural stone fireplace that instantly sparks a sense of serenity. Ten inviting guest rooms, completely remodeled for contemporary comfort, await. New doors and windows bathe the Lodge in natural light, while new carpeting ensures a touch of plush luxury underfoot. An efficient solar system tops it all off, reducing your environmental impact and energy costs. The Lodge on Palomar Mountain is your invitation to create lasting memories with your friends and family. Contemplate the potential and make it your own!

Details

Property type

Single Family Residence

Est. home value

$1,516,979

Lot size

3.74 acres

Price per sq ft

$251

Year built

1930

Price History

12/11/2024
SanDiego

SanDiego #NDP2402590

Price change
$1,400,000
-12.45%
03/27/2024
SanDiego

SanDiego #NDP2402590

Listed
$1,599,000
+50.85%
03/28/2022
CRMLS

CRMLS #NDP2112918

Sold
$1,060,000

Schools & Community

Elementary school: 

Valley Center-Pauma Unified District

Middle school: 

Valley Center-Pauma Unified District

High school: 

Valley Center-Pauma Unified District

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$540,443
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$747,557
Cash to seller
$540,443

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Banner Bank

Loan start date

February 2022

Original loan amount

$795,000

Est. remaining balance

$747,557

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Ahmet Murat Sumer and Wilhelmina Sumer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 2:30 AM

Listing updated: 12/10/2024 at 10:46 PM

Listed by: Jacob Swenson, Phone #: (800) 371-6669

MLS: SanDiego #NDP2402590

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