
Santee, California 92071
Analysis of 11041 Summit Avenue, Santee, California 92071 is currently available with a list price of $1,590,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santee 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.
Property is moderate renovation needed.
While the home was built in 1963, it avoids a 'poor' rating due to critical system updates including a new roof, solar, and upgraded electrical panel within the last 3 years. However, the interior remains significantly dated with 1960s-era finishes and wood paneling, requiring substantial cosmetic and functional modernization. The listing's emphasis on land value and high-density redevelopment potential suggests the current structure is secondary to the land's utility.
The 2.32-acre lot is zoned R-7, allowing for 7-14 units per acre with a potential for up to 32 units, making it a prime opportunity for high-density residential development.
The property features a new roof, an upgraded electrical panel, and fully owned solar—all installed within the last 2-3 years—providing immediate energy efficiency and reduced maintenance costs.
Situated on over two acres, the property offers a rare 'country-esque' atmosphere with stunning panoramic views while remaining conveniently close to shopping centers and major freeways.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Originally built in 1963, the home likely requires significant cosmetic updates and modernization to meet contemporary standards, as suggested by the need for a buyer's 'own touches.'
The property shows as two units on tax records despite being described as a single-family residence, which may complicate financing or require extensive due diligence during the entitlement process.
Build up to 32 units! 2.32 acres zoned R-7 allowing for 7-14 units per acre to be built. Property already features a large 3 bedroom/2 bathroom single family residence with large kitchen, 2 extra large rec rooms and a pool. This property is the absolute best of both worlds, live in a country-esque environment while only being minutes from shopping centers and freeways. Fell good knowing you can make this home exactly how you want with your own touches all while knowing you have an incredible growing value in the land you live on. Property features fully owned solar, upgraded electrical panel and new roof on main house, all only 2-3 years old. Home is extremely spacious with interior dimensions measuring approximately 2589 sqft. Property shows as 2 units on tax records. Parcel was approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55 prcnt, maximum height is 35 feet/three stories, and there is no minimum lot size.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1963 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 5, 2026
$1,590,000
Initial Listing
Jan 21, 1994
$170,000
Public Record