722 Banyan Ct San Marcos, CA 92069
Estimated payment $9,966/month
Highlights
- Hot Property
- RV Access or Parking
- Primary Bedroom Suite
- Richland Elementary School Rated A
- Solar Power System
- Open Floorplan
About This Home
Tucked away in the coveted Olive Hills Estates, this stylishly upgraded home offers modern luxury on an expansive 1/3 acre lot that invites endless creativity. Equipped with solar panels and boasting stunning upgrades that include new flooring, a remodeled kitchen, and a luxurious primary bathroom, this residence seamlessly combines elegance with functionality. High ceilings and abundant natural light create a bright and airy atmosphere throughout a grand flowing open floor plan. The first floor includes an optional office space with French doors to outside, a formal dining room, the chef's dream kitchen that flows into the living room, and an entry level bedroom suite that offers flexibility for diverse lifestyles. Head upstairs and discover the tranquil primary suite with a spa-like bathroom, 2 spacious secondary bedrooms that each have walk-in closets, a study nook, and a versatile bonus loft with a walk-in closet offering the option to convert to a 5th bedroom if desired. The over-sized backyard provides all the extra room to build your dream pool, the privacy of no rear neighbors, and surrounding mountain views. Ample parking and storage are available with a 3 car garage and a long driveway. Conveniently located near Mulberry Park, local schools, scenic trails, and the great features of living in the thriving San Marcos community. If you're looking for space, style, and upgrades, this home checks all the boxes!
Listing Agent
Compass Brokerage Email: ilana@huffteam.com License #01395813 Listed on: 12/10/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2003
Lot Details
- 0.34 Acre Lot
- Private Yard
- Back and Front Yard
- Property is zoned R-1:SINGLE FAM-RES
HOA Fees
- $160 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Driveway
- RV Access or Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,329 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Living Room with Fireplace
- Home Office
- Loft
- Mountain Views
- Laundry Room
Kitchen
- Double Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Additional Features
- Solar Power System
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Tract Number 14465
- Assessor Parcel Number 2187621700
- $3,794 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Olive Hills Estates Association, Phone Number (760) 720-0900
- Maintained Community
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,294 | $1,254,535 | $757,701 | $496,834 |
| 2024 | $17,294 | $1,229,938 | $742,845 | $487,093 |
| 2023 | $16,960 | $1,205,823 | $728,280 | $477,543 |
| 2022 | $16,693 | $1,182,180 | $714,000 | $468,180 |
| 2021 | $12,215 | $777,220 | $367,729 | $409,491 |
| 2020 | $12,068 | $769,252 | $363,959 | $405,293 |
| 2019 | $11,940 | $754,170 | $356,823 | $397,347 |
| 2018 | $11,615 | $739,383 | $349,827 | $389,556 |
| 2017 | $11,396 | $724,886 | $342,968 | $381,918 |
| 2016 | $11,215 | $710,674 | $336,244 | $374,430 |
| 2015 | $14,623 | $700,000 | $331,194 | $368,806 |
| 2014 | $10,585 | $670,000 | $317,000 | $353,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/10/2025 12/10/25 | For Sale | $1,595,000 | +37.6% | $479 / Sq Ft | |
| 04/06/2021 04/06/21 | Sold | $1,159,000 | +9.4% | $348 / Sq Ft | View Prior Sale |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- | |
| 03/09/2021 03/09/21 | For Sale | $1,059,000 | +51.3% | $318 / Sq Ft | |
| 08/19/2014 08/19/14 | Sold | $700,000 | 0.0% | $210 / Sq Ft | View Prior Sale |
| 07/15/2014 07/15/14 | Pending | -- | -- | -- | |
| 06/06/2014 06/06/14 | For Sale | $700,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,159,000 | Lawyers Title Company | |
| Grant Deed | $700,000 | First American Title Company | |
| Grant Deed | $757,500 | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Grant Deed | $517,500 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,042,000 | New Conventional | |
| Previous Owner | $546,251 | New Conventional | |
| Previous Owner | $75,750 | Credit Line Revolving | |
| Previous Owner | $606,000 | Purchase Money Mortgage | |
| Previous Owner | $465,000 | New Conventional | |
| Previous Owner | $413,950 | Purchase Money Mortgage | |
| Closed | $51,700 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2511388
APN: 218-762-17
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