
Lakeside, California 92040
This Spacious Multi-Generational Retreat is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,008,754 Fair Market Value by 3%. This valuation gap offers $33,754 in Instant Equity. With a Condition Rating of 4, the property features a 24x24 detached shop, swimming pool, and panoramic mountain views on a 1.22-acre lot. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-utility asset with significant potential for cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11355 Eucalyptus Hills Subject | $975,000* List Price | 4 | 3 | 2,223 | $454 | - |
A 11965 Serena Road Pending | $849,900 List Price | 3 | 2 | 1,812 | $469 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the property is well-maintained but significantly dated. While it boasts a 2-year-old roof and newer exterior paint, the interior features original or very old pink tile in the bathrooms and dated carpeting. The kitchen has been partially updated with quartz countertops, but the overall interior systems and finishes appear to be over 20 years old, requiring cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53143, living area = 2223.
The property features a 24x24 detached 3-car garage/shop with ADU potential, an RV pad with dump, and multiple outbuildings, making it ideal for contractors, hobbyists, or those with large vehicle collections.
With a flexible 2,223 sqft floor plan featuring two bedrooms and a living area on each level, the home is perfectly configured for dual-living arrangements or extended family needs.
Originally built in 1956, the home is described as a 'canvas,' suggesting that while key updates like the roof are done, further interior modernization may be required to meet contemporary standards.
The assigned middle and high schools carry lower performance ratings (3 and 4), which could be a significant consideration for families prioritizing top-tier educational facilities.
Private retreat in Lakeside w/ newer exterior paint & a 2yr old roof! Set on approximately 1.22 acres, this beautifully landscaped property offers stunning valley & mountain views, incredible flexibility, and room for all your toys. Enjoy the scenery from the deck just off the living room or relax by the swimming pool under the covered patio. The property is an entertainer’s and hobbyist’s dream, featuring a 24x24 detached 3-car garage/shop with 10-foot doors and a 1/2 bath—perfect for a workshop, storage, hobbies, or possible ADU conversion; buyer to verify. The property features an RV pad with dump, multiple covered carports, additional outbuildings, a Conex storage container, 2 greenhouses, & expansive space for trucks, cars, boats, RVs, toys, or pets, providing exceptional versatility. Inside, you will find 2223 sqft of living space with a flexible floor plan that is ideal for multigenerational living. The family kitchen features quartz countertops and abundant storage. 2 Bedrooms and one bath are located upstairs, while downstairs offers 2 additional bedrooms, a bath, a laundry room, & a 2nd living room w/ direct access to the patio & pool. There are numerous fruit trees, a partially fenced lot, & beautifully landscaped grounds that complete this special property. Stop compromising & find everything you need in one place. This exceptional property offers the perfect blend of acreage, stunning views, custom workshop space, a pool, & unmatched parking & storage capacity. It is the canvas you have been looking for to live the life you want. Come explore what is possible!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.7 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,223 | 1,654.545 |
| Lot Size | 53,143 | 16,258.809 |
| Price | $975.0K | $854.8K |
| Price per sq ft | $439 | $508 |
| Built year | 1956 | 1974 |
| HOA | $0 | $92 |
| Days on market | 4 | 51 |
Sep 5, 2026
$975,000
Initial Listing
Mar 7, 1997
$203,000
Public Record