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$890,000

Beds
4
Baths
4.0
sq ft
2,300

8904 Nelson Way, Escondido, CA 92026

8904 Nelson Way

Escondido, CA 92026

  • 9 days on market
Discover this exceptional 4-bedroom, 4-bath custom-built home, perched atop a serene hill with breathtaking 270-degree panoramic views. Spanning nearly 2,300 square feet, this thoughtfully designed residence offers both comfort and convenience. Inside, youll find a well-maintained interior featuring dual master suitesone downstairs and one upstairsperfect for multi-generational living or hosting guests. The downstairs master suite provides easy accessibility, while the upstairs master offers a private retreat with incredible views. Dual-pane windows ensure energy efficiency and a peaceful living environment. The gourmet kitchen is a chefs dream, featuring granite countertops and an open flow into the living areas. Sitting on nearly 4 acres of land, this property offers endless possibilitieswhether you envision a pool, ADU, or an expansive garden. With two separate driveways, this home is also ideal for those considering an ADU, providing both privacy and flexibility. Plus, with NO HOA and NO Mello Roos, youll enjoy greater freedom and lower monthly costs. Seller is offering credits toward closing costs and/or an interest rate buy-down! Take advantage of this incredible opportunity to make homeownership more affordable. Competitively priced, this rare find offers a perfect blend of tranquility and convenience, with easy access to the freeway for seamless commuting. Dont miss outthis home is truly one-of-a-kind and wont last long! Home has been freshly repainted in a stunning sky blue with black trimnew photoscomingsoon!

Details

Property type

Single Family Residence

Est. home value

$1,088,782

Lot size

3.9 acres

Price per sq ft

$387

Year built

1979

Price History

02/18/2025
SanDiego

SanDiego #PTP2501243

Listed
$890,000
-3.68%
11/17/2024
SanDiego

SanDiego #PTP2406849

Removed
$924,000
07/26/2024
SanDiego

SanDiego #PTP2406849

Listed
$924,000
-4.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

2

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

$108,746
Asking price
$890,000
Closing costs (~8% of asking)
-$71,200
Est. remaining loan balance
-$710,054
Cash to seller
$108,746

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

October 2021

Original loan amount

$766,431

Est. remaining balance

$710,054

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Jose Roberto Escoboza and Elizabeth Escoboza

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: 02/26/2025 at 5:00 PM

Listing updated: 02/24/2025 at 7:26 AM

Listed by: Dominic Jabro, Dominic Jabro, Phone #: (619) 791-1000

MLS: SanDiego #PTP2501243

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