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Sold on 03/12/2025
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10344 Jesmond Dr, Escondido, CA 92026

$1,212,000

Last sold 03/12/2025 for $1.07M

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    bed

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    bath

Multi-family not for sale

About 10344 Jesmond Dr

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Nestled on a peaceful hillside in North Escondido, this stunning single-story property offers breathtaking sunrise and sunset views in a tranquil country setting. The main house features three separate units, creating a fantastic income-generating opportunity for investors. Main Home Highlights • 2 bedrooms, 1 bath with original hardwood floors and charming V-groove wood ceilings. • Recently remodeled kitchen with quartz countertops, cherry wood cabinetry, stainless steel appliances, a propane range, and a stylish glass tile backsplash. • Bright and airy open-concept living, including a spacious family room, full-size dining area, cozy wood-burning stove, and decorative stone fireplace wall. Income-Generating ADUs • Unit 2: 1-bedroom, 1-bath with upgraded laminate flooring, remodeled kitchenette and bath, and a private entrance. • Unit 3: 1-bedroom, 1-bath with a private entrance, kitchenette, and sliding glass door leading to a deck off the bedroom. Each unit includes private decking at the entrances and beyond, enhancing privacy and comfort. Outdoor Features • Ample parking for boats, work trucks, ATVs, and extra vehicles. • Stamped concrete driveway and multiple storage options, including a large workshop and detached garage. • Lush landscaping with mature fruit trees and a spacious outdoor patio, perfect for entertaining or relaxing under the stars. Additional Opportunities In addition to the main house, two separate parcels are also available for sale, offering incredible potential for building or expansion: • Poe Street (AP# 187-151-52) – Approx. 5,663 sq. ft. • Hillcrest (AP# 187-151-79) – Approx. 9,583 sq. ft. Additional Perks • No HOA, saving you thousands annually. • Conveniently located near I-15 while maintaining a quiet, rural atmosphere close to North Escondido’s amenities. This unique offering combines the charm of a multi-unit home with the flexibility of additional parcels, making it a dream opportunity for investors or anyone seeking space and potential in a peaceful hillside setting.
Listed by
Listing Agent - Damon Parker
Listing Office - eXp Realty of Southern CA
Source: CRMLS mls logo
MLS#NDP2410113 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.2936
Lot Size (SqFt) 12790
Year Built 1969
Interior
Exterior
Foundation Raised
Building Area Square Feet, 1891
Roof Flat
Parking Detached Carport, Driveway, Garage - Single Door, RV Hook-Ups
# Parking Spaces 1
# Garage Spaces 1
Other Structures Outbuilding
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces Family Room, Wood Burning, Wood Stove Insert
Sewer/ Septic Conventional Septic
Pool None
Location
County San Diego
Community Features Rural, Urban
Neighborhood Jesmond Dene
Zoning RR Use Code Multi-Resid 2-4
Directions Here Are General Directions To 10344 Jesmond Drive, Escondido, CA 92026: From I-15: Take Exit 37 For Old Highway 395 Turn Right Onto Old Highway 395 Turn Left Onto Jesmond Dene Road. Continue Straight As Jesmond Dene Road Right On Jesmond Drive. (at Moose Lodge) The Destination, 10344 Jesmond Drive, Will Be On The Left-hand Side.
APN 1871515300
Multifamily Details
Vacancy Allowance 2
Expense: Trash 900
Operating Expense 24000
Cap Rate 7
Expense: Insurance 4000
Total Expenses 25000
Expense: Water/ Sewer 1100
Gross Income 81600
Expense: Electric 7200
Gross Scheduled Income 81600
Expense: Fuel 1400
$1.21M
Range: $1.1M-$1.32M
Last 30 days 
Rental est.: $1,900/month
Gross rent multiplier: 47.1
  • Mar 2025
    mls logo MLS # NDP2410113
  • Mar 12, 2025 Sold
    $1,075,000
  • Feb 12, 2025 Pending
    —
  • Jan 25, 2025 Price Change
    $1,075,000 (-1.8%)
  • Jan 15, 2025 Price Change
    $1,095,000 (-3.0%)
  • Dec 28, 2024 Price Change
    $1,129,000 (-14.1%)
  • Dec 20, 2024 Price Change
    $1,315,000 (-0.8%)
  • Nov 17, 2024 Listed
    $1,325,000 (+69.9%)
  • Mar 2025
    Public Records
  • Mar 12, 2025 Sold
    $1,075,000
  • Dec 2021
    Public Records
  • Dec 3, 2021 Sold
    $780,000 (+1.0%)
  • Dec 2021
    mls logo MLS # 210030367
  • Dec 3, 2021 Sold
    $772,500
  • Dec 3, 2021 Sold
    $772,500 (+0.5%)
  • Nov 5, 2021 Pending
    —
  • Nov 5, 2021 Pending
    —
  • Nov 2, 2021 Listed
    $769,000
  • Nov 2, 2021 Listed
    $769,000 (+74.8%)
  • Sep 2017
    Public Records
  • Sep 19, 2017 Sold
    $440,000
  • Sep 2017
    mls logo MLS # 170029633
  • Sep 18, 2017 Sold
    $440,000
  • Sep 18, 2017 Sold
    $440,000 (-5.4%)
  • Aug 14, 2017 Pending
    —
  • Aug 12, 2017 Pending
    —
  • Jul 11, 2017 Price Change
    $464,900 (-4.9%)
  • Jun 29, 2017 Listed
    —
  • Jun 29, 2017 Listed
    —
  • Jun 22, 2017 Pending
    —
  • Jun 22, 2017 Pending
    —
  • Jun 7, 2017 Listed
    $489,000
  • Jun 7, 2017 Listed
    $489,000 (+49.1%)
  • May 2011
    Public Records
  • May 6, 2011 Sold
    $328,000 (+42.6%)
  • Nov 2010
    Public Records
  • Nov 17, 2010 Sold
    $230,000
  • Year Property taxes Tax assessment
  • 2024
    $9,750 +2.7%
    $759,492
  • 2023
    $9,491 +1.5%
    $759,492 +2.0%
  • 2022
    $9,349 +61.1%
    $744,600 +60.99%
  • 2021
    $5,803 +0.7%
    $462,516 +1.04%
  • 2020
    $5,762 +2.5%
    $457,774
  • 2019
    $5,619 +3.1%
    $457,774 +2.0%
  • 2018
    $5,451 +75.5%
    $448,799 +95.46%
  • 2016
    $3,107 +4.4%
    $229,609
  • 2015
    $2,974
    —
  • 10344 Jesmond Dr
    $1.07M
  • Jesmond Dene
    $839K -3% y/y
  • 92026
    $775K -2% y/y
  • Escondido
    $749K -5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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