
San Diego, California 92124
This Turnkey Condominium is a Strong Value Opportunity, listed at $599,900—positioned well below the $619,900 Fair Market Value by 3%. This valuation gap offers $20,000 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a remodeled full bath, granite kitchen, and fresh 2026 updates. Located near top-rated schools like Tierrasanta Elementary, this property offers a premium lifestyle with a private 20x11 patio, pool, and spa. It is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10873 Caravelle Pl Subject | $599,900* List Price | 3 | 2 | 1,262 | $491 | - |
A 10828 Caravelle Sold | $675,000 | 3 | 2 | 1,250 | $540 | 0.0 mi |
B 10818 Lamentin Ct Sold | $680,000 | 3 | 2 | 1,250 | $544 | 0.1 mi |
C 10975 Clairemont Mesa Blvd Sold | $510,000 | 2 | 1 | 999 | $511 | 0.2 mi |
D 10896 Caravelle Place Sold | $583,000 | 2 | 1 | 999 | $584 | 0.0 mi |
E 5034 Ducos Place 130 Sold | $534,000 | 2 | 1 | 934 | $572 | 0.3 mi |
F 11255 Tierrasanta Boulevard 82 Sold | $485,000 | 2 | 2 | 1,118 | $434 | 0.9 mi |
G 10188 Dafne Ln. Sold | $685,000 | 2 | 2 | 1,144 | $599 | 1.0 mi |
H 10892 Macouba Place Sold | $747,000 | 3 | 2 | 1,450 | $515 | 0.1 mi |
I 10865 Macouba Place Active | $699,000 List Price | 4 | 3 | 1,400 | $499 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1977, it is well-maintained and move-in ready with significant recent updates. The listing notes fresh paint and carpet (2026), a completely remodeled full bath, and a kitchen updated with granite countertops and stainless steel appliances. The inclusion of newer HVAC and water heater systems further supports a 'Good' rating as it meets the 5-15 year renovation criteria.
The property features fresh 2026 interior paint, brand new carpet, a completely remodeled full bath, and newer HVAC and water heater, offering a move-in-ready experience.
Ideally situated within walking distance to highly-rated schools, including Tierrasanta Elementary (8/10) and De Portola Middle (7/10), enhancing long-term value for families.
A large 20x11 private patio with an upgraded shade overhead provides a significant functional outdoor space that is rare for townhome living.
The $600 monthly HOA fee represents a significant recurring carrying cost that may impact buyer affordability and debt-to-income ratios.
The property relies on two assigned parking spaces located 'steps away' rather than an attached garage, which may be a drawback for buyers seeking direct access or covered security.
Excellent Townhome in Villa Martinique with Fresh Interior Paint (2026) and Brand New Carpet (2026)*2 Bedrooms and Full Bath Upstairs and 3rd Bedroom and 1/2 Bath Downstairs*Sizable Kitchen with Eat-in Area, Stainless Steel Appliances and Granite Countertops*Huge Primary Bedroom with 4-wide Closet Boasting Mirrored Wardrobe Doors and Pleasant Views*5 Ceiling Fans with Light Kits*Full Bath Completely Remodeled*Good Size Family Room with Recessed Lightling looks out on Pleasant Grass Area*Large 20x11 Patio with Upgraded Shade Overhead and Storage Closet*Newer HVAC and Water Heater*2 Parking Spaces (both #226) Just Steps Away*Nice Walking Trails*Pool, Spa and Tennis Courts*
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 |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,262 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $599.9K | $604.2K |
| Price per sq ft | $475 | $618 |
| Built year | 1977 | 1985 |
| HOA | $600.0 | $500 |
| Days on market | 21 | 53 |
Jul 15, 2026
$599,900
$619,900
-3% Price Drop
Initial Listing
Jul 1, 2026
$619,900
Initial Listing
Apr 10, 2018
$430,000
Public Record
Jul 14, 2015
$329,000
Public Record
May 22, 1998
$135,500
Public Record