10861 Caravelle Place, San Diego, California 92124, San Diego, 92124 - 4 bed, 2 bath
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San Diego, California 92124
This Turnkey Townhouse is a Prime Investment Opportunity, listed at $729,000—positioned well below the $743,953 Fair Market Value by 2%. This valuation gap offers $14,953 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new 2021 HVAC system, premium engineered hardwood, and a private patio. Located near Top-Rated Schools like Tierrasanta Elementary, this property balances lifestyle comfort with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10861 Caravelle Place Subject | $729,000* List Price | 4 | 2 | 1,442 | $516 | - |
A 5059 La Cuenta Dr Sold | $729,000 | 4 | 3 | 1,400 | $521 | 0.2 mi |
B 10852 Caravelle Sold | $657,500 | 3 | 3 | 1,262 | $521 | 0.0 mi |
C 10828 Lamentin Court Sold | $636,000 | 2 | 2 | 1,147 | $554 | 0.1 mi |
D 5367 Outlook Pt Sold | $745,000 | 2 | 3 | 1,470 | $507 | 0.9 mi |
E 6231 Calle Mariselda 603 Sold | $665,000 | 2 | 3 | 1,068 | $623 | 0.8 mi |
F 5226 Marigot Place Active | $749,000 List Price | 4 | 2 | 1,450 | $517 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent upgrades including a new HVAC system (2021), new engineered hardwood flooring, and dual-paned windows. Although the kitchen and baths are 'refreshed' (painted cabinets) rather than fully remodeled, the recent maintenance and system updates qualify it for a good rating.
The property features significant recent upgrades including a new central AC system (2021), premium Villa Caprisi engineered hardwood floors, and refreshed kitchen cabinetry, ensuring a move-in-ready experience.
As an end-unit with cathedral ceilings and a versatile 3-bedroom plus loft configuration, the home offers enhanced privacy, superior natural light, and a sense of spaciousness.
Situated in the heart of Tierrasanta, the home is within walking distance to top-rated schools like Tierrasanta Elementary (Rating 8) and provides easy access to local trails, shops, and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =112820, other record lot size in square feet = 112894.
The association fee of $600 per month represents a significant recurring cost that may impact buyer affordability and overall monthly carrying costs.
Despite its location in a community known for natural beauty, this specific unit is listed as having no views, which may limit its competitive edge against other canyon-facing properties in the area.
Beautiful end-unit townhome in the heart of Tierrasanta’s Villa Martinique. Stunning engineered hardwood oak floors by Villa Caprisi Flooring. Enjoy newer heating and central air conditioning system installed 2021. Newer dual paned windows, New installed carpet, refreshed kitchen cabinets and paint throughout. Spacious private patio with new patio cover refreshed and ready for furry friends or little humans with extra storage and steps away from parking spots (one covered). Close to trails, shops, restaurants, and top-rated schools. These floorplans sell fast with their open cathedral ceilings 3-bedroom plus loft. Assumable FHA loan at 3.5% interest rate. MUST SEE this one!!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 3.0 | 22% |
| Square foot | 1,442 | 1,399 | 61% |
| Lot Size | 112,820.398 | 23,240 | 67% |
| Price | $729.0K | $729.0K | 50% |
| Price per sq ft | $506 | $525 | 33% |
| Built year | 1977 | 1979 | 44% |
| HOA | $600.0 | $512 | 67% |
| Days on market | 30 | 137 | 17% |
May 7, 2026
$729,000
Initial Listing
May 15, 2017
$430,000
Public Record