
Santee, California 92071
Analysis of 11041 Summit Avenue, Santee, California 92071 is currently available with a list price of $1,899,000. 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.
The property has received significant recent updates to major systems, including a new roof, solar panels, and an upgraded electrical panel within the last 3 years. However, the 1963 original construction and the listing's emphasis on the buyer 'adding their own touches' and the land's development potential indicate that the interior, specifically the kitchen and bathrooms, likely remains in an aged, outdated condition requiring cosmetic and functional modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 101059, living area = 3484.
The 2.32-acre lot is zoned R-7, allowing for a medium-density development of up to 32 units, offering significant investment upside for developers.
The property features a new roof, an upgraded electrical panel, and fully owned solar systems all installed within the last 2-3 years, reducing immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3484, other record living area = 1890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1963, the main residence likely requires significant interior modernization and cosmetic updates to meet contemporary standards.
The price point is heavily influenced by the land's development potential, which may be a deterrent for traditional residential buyers not looking to undertake a multi-unit project.
Price Range: $1,749,999 - $1,899,000. R-7 Zoning! Up to 32 Unit Development Opportunity on this 2.32 Acre Property. This property is the absolute best of both worlds, live in a country-esque environment while only being minutes away 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 code, 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%, maximum height is 35 feet/three stories, and there is no minimum lot size. Price Range: $1,749,999 - $1,899,000. 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 code, 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%, 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,484 | 1,521.5 | 99% |
| Lot Size | 101,059 | 6,900.5 | 98% |
| Price | $1.90M | $858.5K | 99% |
| Price per sq ft | $545 | $545 | 50% |
| Built year | 1963 | 1973 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 163 | 27% |
Mar 24, 2026
$1,899,000
$1,950,000
-3% Price Drop
Initial Listing
Feb 23, 2026
$1,950,000
$2,000,000
-2% Price Drop
Initial Listing
Jan 21, 2026
$2,000,000
Initial Listing
Jan 21, 1994
$170,000
Public Record