
San Diego, California 92103
This Turnkey Canyon-View Retreat is a Strong Value Opportunity, listed at $1,499,000—positioned above the $1,389,398 Fair Market Value by 7%. While priced at a premium, the property features an Excellent Condition Rating with extensive modern upgrades, including a remodeled kitchen and central A/C. The expansive 16,569 sqft lot and panoramic canyon views provide a rare urban sanctuary. With architectural plans for an ADU, this property offers significant long-term equity potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1018 Johnson Ave Subject | $1,499,000* List Price | 2 | 2 | 1,214 | $1,143 | - |
A 3678 Richmond Sold | $1,280,888 | 2 | 3 | 1,172 | $1,093 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1940, the property has undergone a comprehensive recent renovation (likely <5 years) including a remodeled kitchen, renovated bathrooms, new luxury vinyl plank flooring, and LED lighting. Critical systems are updated with a 200-amp electrical panel, central A/C, and a new water heater, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16569, living area = 1214.
Situated on an expansive 16,569 sqft lot in the heart of University Heights, this property offers a rare combination of privacy and panoramic canyon views that are difficult to find in this urban neighborhood.
The home is move-in ready with high-value improvements including a remodeled kitchen and bathrooms, central A/C, a 200-amp electrical panel, dual-pane windows, and luxury vinyl plank flooring.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1214, other record living area = 932.
With only 1,214 square feet of living area and two bedrooms, the home's interior footprint may feel restrictive for buyers seeking more space at this price point.
While the lot is oversized, a significant portion of the acreage is comprised of canyon hillside, which limits the amount of flat, usable yard space for traditional recreation.
Rare Canyon-View Retreat on oversized lot in the Heart of University Heights. Overlooking a picturesque canyon, this one-of-a-kind property offers an extraordinary combination of privacy, tranquility, and urban convenience. Enjoy sweeping panoramic views and multiple outdoor living spaces designed to embrace Southern California living, including a trellis-covered front porch, custom stone patio, expansive Trex-view deck perched on the hillside, and a gated paver-stone driveway with an automatic gate and new motor. Inside, the home has been thoughtfully updated with a remodeled kitchen and beautifully renovated bathrooms, luxury vinyl plank flooring, LED recessed lighting, dual-pane windows, and four skylights that fill the home with natural light. Additional upgrades include central A/C, a whole-house fan, new water heater, 200-amp electrical panel, and two fireplaces. The spacious primary suite serves as a private retreat, featuring its own laundry area, French doors opening to a secluded view balcony, and breathtaking canyon vistas. Unique character abounds throughout the home, including a temperature-controlled wine cellar and a charming built-in cabin-style bunk complete with a porthole window. Ideally located just moments from the Vermont Street Bridge, Hillcrest Farmers Market, Park Boulevard’s vibrant dining scene, Balboa Park, the San Diego Zoo, and easy freeway access. Architectural plans and renderings for a future addition, and ADU are available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,214 | 1,777 |
| Lot Size | 18,422 | 6,600 |
| Price | $1.50M | $1.24M |
| Price per sq ft | $1.2K | $743 |
| Built year | 1940 | 1972 |
| HOA | $0 | $200 |
| Days on market | 47 | 39 |
Jun 5, 2026
$1,499,000
Initial Listing
May 20, 2024
$1,400,000
Public Record
Mar 25, 2019
$790,000
Public Record