
San Diego, California 92131
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,598,177 Fair Market Value by 3%. This valuation gap offers $48,177 in Instant Equity. With a Condition Rating of 4, the home is move-in ready but offers significant upside through cosmetic modernization. Featuring a versatile bonus room, RV parking, and proximity to top-rated Scripps Ranch schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, high-privacy residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10808 Red Rock Drive Subject | $1,550,000* List Price | 4 | 3 | 2,820 | $567 | - |
A 10269 Grayfox Drive Sold | $1,700,000 | 4 | 3 | 2,802 | $607 | 0.3 mi |
B 10685 Red Cedar Pending | $1,500,000 List Price | 4 | 3 | 2,720 | $551 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 with renovations that appear to be over 20 years old. While the home is exceptionally well-maintained and move-in ready, the kitchen features dated oak cabinetry, white appliances, and fluorescent light boxes. The interior finishes like the carpet and track lighting are functional but dated, fitting the criteria for a property needing cosmetic updates.
The 2,820 sq. ft. floor plan includes a downstairs bedroom with a full bath and a massive bonus room with a private exterior entrance, making it ideal for guest suites, home offices, or multi-generational living.
Situated on a premium corner lot with no rear neighbors and only one adjacent neighbor, the property offers exceptional privacy while remaining walking distance to top-rated schools, parks, and shopping.
The property features a climate-controlled garage conversion for flexible use and a spacious driveway with dedicated RV parking, providing rare storage and workspace options for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2820, other record living area = 2422. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Approximately 398 sq. ft. of the family room addition is not reflected in tax assessor records, which may create complexities during the appraisal or financing process.
With an original build date of 1973, the home may require updates to major systems or cosmetic modernizations to meet the expectations of buyers at the $1.55M price point.
Spacious and versatile 4BR + den, 3BA home offering approximately 2,820 sq. ft. of living space (2,422 sq. ft. plus approx. 398 sq. ft. of family room addition not reflected in tax assessor records). Perfect for multi-generational living, large households, or those seeking flexible work-from-home options. The fourth bedroom is currently configured as an expansive bonus room featuring vaulted ceilings, abundant natural light, three large windows, a sliding glass door, private balcony, and separate exterior staircase entrance—ideal for a home office, studio, guest suite, or creative workspace. The home includes a downstairs bedroom with walk-in closet and adjacent full bath with Jacuzzi tub/shower. The primary suite offers a walk-in closet and private bath with shower. The garage is currently converted into a climate-controlled flex place. Driveway features additional parking for extra vehicles (previously used for RV parking). Situated on a premium corner lot with no neighbors behind and only one adjacent neighbor, the property offers exceptional privacy. Conveniently located across from grocery shopping, banks, restaurants, and everyday services. Nearby Hoyt Park features open green space, playgrounds, picnic areas, and walking trails. Walking distance to highly regarded Miramar Elementary, Marshall Middle, and Scripps Ranch High School within the San Diego Unified School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,820 | 1,777 |
| Lot Size | 6,800 | 6,600 |
| Price | $1.55M | $1.24M |
| Price per sq ft | $550 | $743 |
| Built year | 1973 | 1972 |
| HOA | $0 | $200 |
| Days on market | 27 | 39 |
Jun 25, 2026
$1,550,000
Initial Listing