10247 Caminito Covewood, San Diego, California 92131, San Diego, 92131 - 3 bed, 3 bath
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San Diego, California 92131
This townhome represents a Strong Value Opportunity, listed at $720,000—positioned well below the $764,967 Fair Market Value by 5%. This valuation gap offers $44,967 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property provides a blank canvas for modernization. Located in the premier Scripps Ranch school district, including Scripps Ranch High (10/10), this home offers a private deck with treetop views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10247 Caminito Covewood Subject | $720,000* List Price | 3 | 3 | 1,568 | $488 | - |
A 10359 Caminito Covewood Sold | $553,000 | 2 | 2 | 1,150 | $481 | 0.0 mi |
B 9744 Caminito Doha Sold | $579,000 | 2 | 3 | 1,104 | $524 | 0.2 mi |
C 10333 Caminito Aralia 65 Sold | $515,000 | 2 | 2 | 1,022 | $504 | 0.1 mi |
D 10374 Caminito Banyon Sold | $580,000 | 2 | 2 | 1,102 | $526 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (46 years old), the property is functional but dated, featuring popcorn ceilings and original architectural styles. The listing explicitly mentions an 'opportunity for a buyer to update and customize,' indicating that while it is move-in ready with new carpet, the kitchen, baths, and systems likely require modernization to meet current standards.
Elementary School: Miramar Ranch Elementary School (9/10). High School: Scripps Ranch High School (10/10).
The property is situated in a premier location with access to highly-rated schools, including Scripps Ranch High (10/10) and Miramar Ranch Elementary (9/10), making it highly attractive for families.
Featuring soaring vaulted ceilings and an open floor plan, the home offers a bright, airy atmosphere with private treetop views that enhance the sense of space and tranquility.
The monthly HOA fee of $713 is relatively high, which could be a deterrent for budget-conscious buyers or those looking to maximize their monthly mortgage leverage.
Built in 1978 and marketed as an opportunity to update, the property likely requires a significant additional investment to modernize the interior finishes and fixtures.
Welcome to this spacious two-story townhome in the highly desirable Scripps Ranch community. Featuring soaring vaulted ceilings and abundant natural light, the open floor plan creates a bright and inviting atmosphere throughout. The spacious living room and family room flow seamlessly to a private deck overlooking peaceful treetop views, making it the perfect place to relax or entertain. Virtual staging and original pic included. The main level offers a generous living space and a convenient powder room for guests. Upstairs, you'll find three bedrooms and two full baths, including a spacious primary suite with vaulted ceilings, large windows, and plenty of natural light. Additional features include a two-car attached garage and an excellent opportunity for a buyer to update and customize the home to their own taste. New carpet has already been ordered for the downstairs and is scheduled for installation soon. Ideally located within the community, this home is just steps from guest parking and conveniently close to the community pool and spa. Enjoy all that Scripps Ranch has to offer, including nearby parks, walking trails, shopping, dining, and top-rated schools.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,568 | 1,086 | 91% |
| Lot Size | - | - | 50% |
| Price | $720.0K | $580.0K | 78% |
| Price per sq ft | $459 | $546 | 9% |
| Built year | 1978 | 1985 | 26% |
| HOA | $713.0 | $458 | 87% |
| Days on market | 5 | 143 | 4% |
Jun 1, 2026
$720,000
Initial Listing