11225 Madrigal St, San Diego, California 92129, San Diego, 92129 - 4 bed, 2 bath

11225 Madrigal St, San Diego, California 92129 home-pic-0
ACTIVE$1,449,000
11225 Madrigal St, San Diego, California 92129
4Beds
2Baths
1,940Sqft
Lot

Price Vs. Estimate

The estimated value ($1,376,220.98) is $72,779.02 (5%) lower than the list price ($1,449,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Schools: Located in a quiet and desirable Rancho Peñasquitos neighborhood, offering convenient access to the 15 freeway, shopping, dining, fitness centers, and top-rated schools.
Top Cons:
Property Age: Built in 1970, which, despite being beautifully maintained, may suggest older infrastructure or design elements in areas not explicitly updated beyond the kitchen.

Compared to the nearby listings

Price:$1.45M vs avg $1.38M (+$67,000)56%
Size:1,940 sqft vs avg 2,101 sqft40%
Price/sqft:$747 vs avg $68172%

More Insights

Built in 1970 (55 years old).
Condition: Despite being built in 1970, this property has undergone significant and modern renovations, particularly in the bathrooms which feature contemporary tiling, vanities, and fixtures. The description highlights a 'sleek contemporary kitchen' and the presence of paid-off solar panels, indicating substantial recent upgrades. Flooring throughout is updated with modern LVP/laminate and large format tiles. While some elements like the exterior style and a living room chandelier retain a more traditional aesthetic, the critical areas are move-in ready and well-maintained, aligning with a property extensively renovated within the last 5-15 years.
Year Built
1970
Close
-
List price
$1.45M
Original List price
$1.55M
Price/Sqft
$747
HOA
-
Days on market
-
Sold On
-
MLS number
250037380SD
Home ConditionGood
Features
Good View:
Patio
View-

About this home

$100,000 PRICE REDUCTION! PRICED TO SELL! Former 5-star rated Airbnb! This beautifully maintained single-story home is located in a quiet and desirable Rancho Peñasquitos neighborhood. Sitting on a HUGE LOT, nearly a quarter acre, this home offers exceptional curb appeal, a bright open floor plan, and a sleek contemporary kitchen. The master suite provides private access to the front patio, and the master bathroom has been thoughtfully designed for wheelchair accessibility and comfort. The backyard is an entertainer's dream with a covered patio, artificial turf, low-maintenance landscaping, and plenty of space to host gatherings of all sizes. There's a separate large covered area that has been used as a dance floor and karaoke for parties. Seller also built a convenient storage shed for extra tools or seasonal items. No HOA and no Mello-Roos! Paid-off solar provides valuable energy savings. Ideally located near the 15 freeway, shopping, dining, fitness centers, and top-rated schools. This property is a rare find that blends style, convenience, and long-term value. An excellent choice for an expanding family, a retirement retreat, or an investment property with proven short-term and long-term rental success. A must see!

Nearby schools

9/10
Rolling Hills Elementary School
Public,K-50.3mi
7/10
Turtleback Elementary School
Public,K-51.0mi
8/10
Oak Valley Middle School
Public,6-81.5mi
7/10
Black Mountain Middle School
Public,6-82.8mi
9/10
Rancho Bernardo High School
Public,9-121.1mi
9/10
Mt. Carmel High School
Public,9-122.6mi
10/10
Del Norte High School
Public,9-122.6mi
Condition Rating
Good

Despite being built in 1970, this property has undergone significant and modern renovations, particularly in the bathrooms which feature contemporary tiling, vanities, and fixtures. The description highlights a 'sleek contemporary kitchen' and the presence of paid-off solar panels, indicating substantial recent upgrades. Flooring throughout is updated with modern LVP/laminate and large format tiles. While some elements like the exterior style and a living room chandelier retain a more traditional aesthetic, the critical areas are move-in ready and well-maintained, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location & Schools: Located in a quiet and desirable Rancho Peñasquitos neighborhood, offering convenient access to the 15 freeway, shopping, dining, fitness centers, and top-rated schools.
Exceptional Outdoor Living: Sits on a huge, nearly quarter-acre lot with an entertainer's dream backyard featuring a covered patio, artificial turf, low-maintenance landscaping, and a separate large covered area.
Significant Cost Savings: Benefits from no HOA fees, no Mello-Roos, and paid-off solar panels, providing valuable energy savings and reducing ownership costs.
Modern Interior & Accessibility: Features a bright open floor plan, a sleek contemporary kitchen, and a master bathroom thoughtfully designed for wheelchair accessibility and comfort.
Proven Investment Potential: Former 5-star rated Airbnb with proven short-term and long-term rental success, indicating strong income-generating capabilities.

Cons

Property Age: Built in 1970, which, despite being beautifully maintained, may suggest older infrastructure or design elements in areas not explicitly updated beyond the kitchen.
Niche Backyard Amenity: The separate large covered area specifically used as a 'dance floor and karaoke' space is a highly specialized feature that may not appeal to all buyers and could require repurposing.
Specialized Master Bathroom: While a benefit for some, the master bathroom's design for wheelchair accessibility is a specialized feature that might not align with the preferences of all prospective buyers.

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