10274 Madrid Way, Spring Valley, California 91977, Spring Valley, 91977 - 4 bed, 2 bath
10274 Madrid Way
Spring Valley, California 91977
Property Price
SUMMARY
Analysis of 10274 Madrid Way, Spring Valley, California 91977 reveals a property with a current list price of $885,000, which is 5% above the estimated $836,529 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Spring Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10274 Madrid Way Subject | $885,000* List Price | 4 | 2 | 1,092 | $766 | - |
A 4167 N Bonita St Sold | $746,000 | 2 | 1 | 777 | $960 | 0.8 mi |
B 4001 N Bonita St Active | $875,000 List Price | 4 | 2 | 1,316 | $665 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1961, the property has undergone an extensive and high-quality renovation within the last 5 years, meeting the criteria for 'excellent' condition. The interior features a fully modernized kitchen with sleek cabinetry and stainless steel appliances, updated bathrooms, contemporary flooring, and recessed lighting throughout. The exterior is equally impressive with a resort-style backyard featuring a private pool, newer hot tub, brand-new turf, custom pavers, solar panels, and a fully finished detached bonus structure, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1092.
- Resort-Style Outdoor Living
The property features an expansive backyard oasis with a private pool, newer hot tub, custom pavers, and a covered lounge area with a heater and TV, perfect for year-round entertaining.
- Detached Bonus Structure
A fully finished detached pool home provides valuable flexible space, ideal for a home office, guest suite, or private gym, separate from the main living quarters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10018, other record lot size in square feet = 10100. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Interior Square Footage
With only 1,092 square feet to accommodate four bedrooms, the interior living spaces and individual rooms may feel significantly cramped for larger households.
- High Price per Square Foot
The listing price of $885,000 represents a high cost per square foot for the Spring Valley area, which may challenge appraisal values despite the extensive outdoor upgrades.
About 10274 Madrid Way
Located in the heart of Spring Valley with easy access to the 94 & 125 freeways, shopping, dining, and just a short drive to Downtown San Diego, this beautifully updated 4 bed, 2 bath home offers the ultimate indoor-outdoor lifestyle.Situated on a large lot, the property features a private pool with a newer hot tub, brand-new turf, custom pavers, and a fully finished detached pool home perfect for guests, a home office, gym, or additional flex space. The backyard is truly the showstopper, designed for year-round entertaining with a stunning gazebo and a covered lounge area complete with an outdoor heater and mounted TV, making it the ideal setup to host gatherings or watch the game in style. Inside, you’ll find tasteful updates throughout, including a modern kitchen with sleek finishes, creating a clean and contemporary feel. Solar adds energy efficiency and long-term savings, while the thoughtful upgrades inside and out make this home move-in ready. A rare opportunity to own a private retreat with resort-style amenities, expansive outdoor living space, and room to entertain—all in a convenient Spring Valley location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 10,018.8 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,092 | 1,591 | 15% |
| Lot Size | 10,018.8 | 7,432 | 65% |
| Price | $885.0K | $790.0K | 81% |
| Price per sq ft | $810 | $494 | 97% |
| Built year | 1961 | 1974 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 162 | 3% |
Pricing History
Listed for Sale
Feb 28, 2026
$885,000
Initial Listing
Sold
Apr 29, 2022
$850,000
Public Record
Sold
May 23, 2019
$485,000
Public Record
Sold
Jun 2, 2005
$465,000
Public Record