Rancho Penasquitos (92129) Homes under $1.25 million

Welcome to Rancho Penasquitos, a hidden gem nestled in the heart of San Diego County, California. This picturesque community, known by its zip code 92129, offers a perfect blend of suburban charm and urban convenience, making it an ideal place for families, professionals, and outdoor enthusiasts alike.

Rancho Penasquitos boasts a rich array of recreational opportunities, with numerous parks, hiking trails, and scenic views of the surrounding mountains. The region is home to the stunning Los Penasquitos Canyon Preserve, where residents can enjoy nature walks, biking, and picnics in a serene environment. With its mild Mediterranean climate, outdoor activities can be enjoyed year-round, making it a haven for those who appreciate an active lifestyle.

The community is also known for its strong sense of belonging, with friendly neighbors and a variety of local events that foster connections among residents. Families will appreciate the highly-rated schools in the area, which are part of the Poway Unified School District, known for its commitment to educational excellence.

When it comes to housing, Rancho Penasquitos offers an impressive selection of homes priced under $1.25 million. From charming single-family residences to modern townhomes, there’s something for everyone. Many properties feature spacious layouts, beautiful gardens, and easy access to local amenities, all while being just a short drive from the vibrant attractions of downtown San Diego and the stunning coastline.

Discover the allure of Rancho Penasquitos, where you can enjoy the perfect balance of nature, community, and convenience—all within reach of your dream home!

Newest Rancho Penasquitos (92129) Homes under $1.25 million

13303 Rancho Penasquitos Blvd. Unit A204, San Diego

$425,000

1 Beds ⋅ 1 Baths ⋅ PTP2607441 MLS ⋅ Active Status

Priced to sell! Beautifully updated 1-bedroom, 1-bath upstairs, corner unit in the highly desirable Cantabria community of Rancho Peñasquitos. Located on the second floor with no one above you, this inviting home features an open living area with fireplace, granite kitchen counters, wood cabinetry, recessed lighting, stainless steel appliances, in-unit laundry, walk-in closet, and a private southwest-facing balcony with beautiful sunset views. This unit also includes its own assigned covered parking space. Cantabria is FHA & VA approved at this time and offers an impressive array of amenities including tennis courts, fitness center, pool and spa, playground, recreation room with ping pong and air hockey tables, BBQ/picnic area, volleyball court, dog park, EV charging stations, and ample additional parking. Conveniently located near shopping, dining, recreation, and just minutes from the I-15 and SR-56 freeways, with the added benefit and long-term value of being located within the Poway Unified School District. A great opportunity to own in Rancho Peñasquitos!

13303 Rancho Penasquitos Blvd. Unit A204, San Diego

$1,149,000

3 Beds ⋅ 3 Baths ⋅ OC26213975 MLS ⋅ Active Status

Hurry! The model you have been waiting for is now available! Built in 2020, this two-story 3/2.5 townhouse with only one attached wall features 1,716 square feet of pristine living space packed with premium smart-home and eco-friendly upgrades, and a professionally landscaped yard. Brand-new Luxury Vinyl Plank (LVP) flooring flows seamlessly throughout the main level. The pristine kitchen features quartz countertops, high-end cabinetry, and stainless appliances. A dedicated ice line under the refrigerator connects directly to an advanced under-sink reverse osmosis (RO) system, working with a whole-house carbon water filter to deliver pure, soft water from every tap. Designed for the modern tech enthusiast, this home is fully equipped with blazing-fast fiber optic cables, wired Ethernet ports in every room, and two connected, wired Wi-Fi access points (one on each level), ensuring seamless, dead-zone-free connectivity. Hunter Douglas blackout shades cover every window and door. HOA includes a heated pool and spa, a toddler playground, and 2 dog parks. Park with ease in the attached garage, equipped with a dedicated 240V outlet for high-speed EV charging. The leased solar system helps to dramatically lower your monthly energy fees. Don't miss the chance to own this rare, turn-key home!

10920 Jericho Way, San Diego

$528,000

2 Beds ⋅ 2 Baths ⋅ NDP2609117 MLS ⋅ Active Status

Move-in ready, west-facing Rancho Penasquitos condo offers single-story living and a desirable double primary-suite floor plan, in the sought-after community of Rancho Peñasquitos. Abundance of natural light, new interior paint and updated finishes give the home a bright, fresh and inviting feel. The welcoming living room centers on a cozy fireplace and opens to a covered patio, a relaxing spot for morning coffee, outdoor dining or a quiet evening outside. The living and dining areas flow into the updated kitchen, which has quartz countertops, stainless-steel appliances and a brand-new dishwasher. Travertine flooring adds natural warmth to the living spaces. Two primary suites give you privacy and flexibility. Each has its own full bath and two closets, and warm bamboo floors give both a calm, comfortable feel. The layout works well for roommates, guests, a home office or multiple generations living together. An in-unit washer and dryer and a designated parking space add everyday convenience. Residents of Terra Vista enjoy beautifully maintained grounds, sparkling pools and spas, a well-equipped fitness center, a sauna and ample guest parking. The location is close to shopping, dining, hiking and biking trails, and the SR-56 Bike Path, with award-winning Poway Unified schools and easy access to I-15 and SR-56. This turnkey home offers comfort, convenience and the best of the Rancho Peñasquitos lifestyle.

10329 Azuaga Street Unit 257, San Diego

$1,250,000

4 Beds ⋅ 2 Baths ⋅ NDP2608762 MLS ⋅ Active Status

** MOTIVATED SELLER & PRICED TO SELL. SELLER WILL ALSO CONSIDER A RATE BUY DOWN. ** This is a beautifully renovated 4 bedroom, 2 bath home in the highly sought after Rancho Peñasquitos and Poway Unified School District. Thoughtfully updated from top to bottom, the reimagined floor plan opens the kitchen up with a large island, bar seating, large dining room and all the way through to the living room, creating a bright and inviting open concept great room. The completely remodeled kitchen features new cabinetry with soft close drawers and doors, quartz countertops, externally vented hood, new fully tiled backsplash, stainless steel GE appliances and additional storage space and serving area for your guests or large meals. Additional interior upgrades include new waterproof luxury vinyl plank flooring throughout, new baseboards, interior doors and trim, fresh paint and texture, recessed lighting, ceiling fans and fixtures, an updated fireplace with new mantle, and two fully remodeled bathrooms. Major improvements continue throughout the property with a new tiled roof, rain gutters, dual-pane windows, new sliding glass door, new garage door and opener, new front entry door, refreshed stucco and siding, exterior paint and updated landscaping with new trees, pavers and sod. With extensive improvements inside and out, this move-in-ready home with central air conditioning and heat offers modern finishes, a great open entertaining floor plan and the opportunity to enjoy Rancho Peñasquitos without taking on a list of renovation projects. You’re going to love this gem!

13263 Russet Leaf Lane, San Diego

$1,075,000

3 Beds ⋅ 2 Baths ⋅ PTP2606728 MLS ⋅ Active Status

Welcome to 14857 Penasquitos Ct, a single-story pool home located in the heart of Rancho Peñasquitos. This 3-bedroom, 2-bath residence offers approximately 1,472 sq. ft. of living space and sits on an impressive 14,100 sq. ft. lot, providing exceptional outdoor space and versatility. The spacious backyard with a private pool creates the perfect setting for outdoor entertaining, relaxing, and enjoying the San Diego lifestyle with no neighbors behind you. Additional highlights include an attached 2-car garage, enclosed storage shed/work room and RV/toy parking. Located on a cul-de-sac and is close to neighborhood parks, shopping, dining, schools, and convenient access to SR-56 and I-15.

14857 Penasquitos Court, San Diego

$995,000

3 Beds ⋅ 2 Baths ⋅ NDP2608292 MLS ⋅ Active Status

Better than new luxury home in Lennar's popular Pavilion at Pacific Village - Rancho Penasquitos. NO MELLO-ROOS. Poway Unified School District. Lives like a single level. Highly upgraded and immaculate interior. Open island kitchen with walk-in pantry. Attached 2-car garage, laundry room. Air conditioning, beautiful window treatments, upgraded flooring. Private location across from greenbelt and street parking. Low maintenance and move-in ready! Homeowners enjoy access to a recreation center: pool, spa, park and picnic area. Pacific Village is located in close proximity to shopping, dining, freeways and entertainment.

10862 Everly Way, San Diego

$1,239,000

4 Beds ⋅ 3 Baths ⋅ NDP2607657 MLS ⋅ Active Status

Solar! Almost New Plan 3 at "Pavilion", in one of San Diego's Newest Condo / Townhome Communities, Pacific Village. Built in 2020 by Lennar, this is a spacious 4-bedroom, 3 full bathroom home, that offers approximately 2,005 square feet of carefully designed living area. This home offers modern comfort with everyday functionality, from it's bright and open floor plan, to it's clean and simple design. The main living area flows seamlessly, creating an inviting atmosphere filled with natural light. A well-appointed kitchen is a focal point of the home, offering plenty of space for cooking and entertaining. This versatile Smart-home layout includes a full bedroom and bathroom downstairs, perfect for guests and multigenerational living, or a private home office. Upstairs, there are generously sized bedrooms, including a spacious primary suite designed for comfort and retreat. Highlights include a 2-car garage plus 2 additional spots in a generous 2 car driveway. All the Energy-efficient features one would expect in a newer built home. Front Door Keypad Security Feature is included. The home is part of a thoughtfully planned community set on a 10-acre parcel, offering a well-maintained environment with shared open spaces. One of the largest backyards in the community, all hard-scaped. Located within the award-winning Poway Unified School District and just minutes from shopping, dining, parks, and major freeways, this home offers the perfect balance of convenience and suburban tranquility. Don't miss this opportunity to own a turnkey home in one of North County San Diego's most sought-after neighborhoods.

10963 Tyler Way, San Diego

$485,000

2 Beds ⋅ 1 Baths ⋅ NDP2607169 MLS ⋅ Active Status

Welcome to 10466 Caminito Sulmona, a beautifully maintained 2-bedroom, 1-bathroom condo offering 945 square feet of comfortable living space in the highly desirable community of Rancho Peñasquitos. This move-in-ready home features a bright and functional open floor plan filled with natural light, creating a warm and inviting atmosphere. The spacious living room flows seamlessly into the dining area and kitchen, making it perfect for both everyday living and entertaining. Both bedrooms are generously sized with ample closet space, while the well-appointed bathroom offers style and functionality. Enjoy the convenience of an in-unit washer and dryer, making laundry day effortless, along with garage parking for added security and extra storage. Residents enjoy beautifully maintained grounds and resort-style community amenities, including a sparkling pool, while being just minutes from parks, shopping, dining, hiking trails, and convenient freeway access. Located within the highly acclaimed Poway Unified School District, this home is an excellent opportunity for first-time buyers, downsizers, or investors looking to own in one of San Diego's most sought-after neighborhoods.

10466 Caminito Sulmona, San Diego

$515,000

2 Beds ⋅ 2 Baths ⋅ NDP2607111 MLS ⋅ Active Status

This bright and inviting second-floor end unit offers abundant natural light, faces the pool and open space, and features a smart, efficient layout—ideal for first-time homebuyers seeking comfort, convenience, and long-term value. The living area features a cozy fireplace that adds warmth and character, while the private balcony creates an ideal spot for morning coffee or evening unwinding. The home provides everyday practicality with an in-unit stacked laundry and a nearby covered parking space. Terra Vista residents enjoy a full suite of amenities, including a sparkling pool, relaxing spa, sauna, fitness center, and more—everything designed to support a low-maintenance, enjoyable lifestyle. This condo offers the perfect opportunity to personalize the space with your own touches and make it truly yours. Seller is motivated, making this an exceptional opportunity to secure a home in one of San Diego’s most desirable neighborhoods perfectly positioned just minutes from both the 15 and 56 freeways. The community is close to shopping, dining, and is located within the award-winning Poway Unified School District.

10365 Azuaga Street Unit 172, San Diego

$1,170,000

3 Beds ⋅ 3 Baths ⋅ TR26162556 MLS ⋅ Active Status

SELLER OFFERING UP TO $15K concession toward mortgage rate buy down (ask how this could work with your financing), closing costs, or improvements. Sitting on a premier cul-de-sac offering comfort and convenience in the West Chase community of Rancho Penasquitos in the award-winning Poway Unified School District (Park Village Elementary, Mesa Verde Middle, Westview High) with easy access to the 56 and 15 freeways, a 15-minute drive to Torrey Pines and 25 minutes to downtown San Diego. The home offers exceptional value in a quiet, well-maintained community in one of San Diego’s most desirable locations. Although this home is move-in ready, it comes with a wonderful canvas ready for your personal style and creative touch for minor upgrades to make it your own. It comes with central heat/AC and due to the age of the system, seller will credit back toward HVAC replacement. In 2021; new Samsung stainless-steel appliances, interior paint and carpet, all in modern and neutral tones. The water heater was replaced in 2025 and the water pressure valve in 2026. The functional floor plan features the upper-level master bedroom with ensuite bath, dual sink, walk-in shower, walk-in closet and two additional bedrooms with a shared full bath. The main level includes a high-vaulted beamed ceiling living room, formal dining area, wood flooring, half-bath, large kitchen with room for a dinette, granite countertops, modern cabinetry and ample storage. Remote controlled blind. Cozy up by the fireplace or relax under your choice of the covered or open patios while feasting on a meal cooked on the built-in BULL 4 burner gas BBQ with your favorite fresh vegetables picked from your very own backyard container garden already set up with an established watering system. Has fruit bearing peach, plum, lemon and lime trees as well at young citrus trees not yet producing. You’re minutes from local parks including the Los Penasquitos Canyon Preserves main entrances (less than 1.5 miles) or take a less traveled entrance less than a half mile from your front door for endless miles of hiking, biking, trail runs, etc. or get on the 56-bike path for the 10-mile ride west to Torrey Pines or east towards the hills and backroads of east North County. This welcoming spot is a rare find for anyone looking to live where they play!

12568 Rideabout Court, San Diego

$1,250,000

3 Beds ⋅ 3 Baths ⋅ PTP2605539 MLS ⋅ Active Status

$50,000 price reduction today!!Welcome to this inviting 3-bedroom, 2.5-bath home in the highly desirable Rancho Peñasquitos community of San Diego. Located within the acclaimed Poway Unified School District, this home offers an exceptional combination of comfort, convenience, and neighborhood amenities. The freshly remodeled kitchen features contemporary finishes, creating a stylish space for cooking, entertaining, and everyday living. Step outside and enjoy a family-friendly community featuring a neighbor scenic greenbelt park area, and dedicated dog walking paths,perfect for outdoor recreation, morning strolls, and connecting with neighbors. The surrounding greenbelt provides a peaceful setting while adding to the neighborhood's open, spacious feel. Ideally situated with convenient access to SR-56 and I-15, this home provides easy connectivity to major employment centers, shopping, dining, beaches, and recreational destinations throughout San Diego County. Rancho Peñasquitos is known for its welcoming atmosphere, beautiful open spaces, miles of hiking and biking trails, and close proximity to Carmel Valley, Del Mar, Torrey Pines, and Carmel Mountain Ranch. This home offers the perfect blend of location, lifestyle, and convenience in one of San Diego's most sought-after communities,where beautifully maintained greenbelts, excellent schools, and abundant outdoor recreation create an exceptional place to call home.

8755 Park Run Road, San Diego

$1,177,000

3 Beds ⋅ 3 Baths ⋅ NDP2604137 MLS ⋅ Active Status

PRICED to Buy! This single family house is ready to be enjoyed. Home has 3 bedrooms with 2.5 bathrooms. Featuring updates throughout the inside and yards of this home. Kitchen has been thoughtfully remodeled with Quartz countertop and designer backsplashes which flows into the Great room and the adjacent family dining area. 3 updated bedrooms and primary has remodeled bathroom and shower. Powder room has been remodeled completely. Your family and friends will be greeted by soaring ceiling and fireplace along with plantation shutters for that extra touch. New flooring throughout for an effortless care! New Air Conditioning and heating system for year around comfort. Backyard has synthetic turf, firepit and side yards are low maintenance. Front yard has low-use water features such as river stone and succulents while keeping an eye appeal for all to enjoy. Schools are rated 8-10 for access to high levels of educational opportunities. Beach and downtown are minutes away or stay close to home with nearby eateries, shopping, movie theaters, hiking trails, biking trails, multiple parks and golf course.

8754 Park Run Road, San Diego

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.