
Lakeside, California 92040
This Multigenerational Residential Estate is a High-Potential Investment Opportunity, listed at $975,000—positioned slightly above the $947,854 Fair Market Value. While not a discount buy, the property offers immense utility with a 1.22-acre lot, detached 3-car shop, and swimming pool. With a Condition Rating of 4, the home is functional but ready for cosmetic modernization to maximize value. Its flexible floor plan and expansive storage capacity make it an ideal acquisition for Hobbyists or Owner-Occupants seeking a versatile, view-oriented lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11355 Eucalyptus Hills Subject 4 bd · 3 ba · 2,223 sqft · $426 | $975,000* List Price | 4 | 3 | 2,223 | $426 | - |
A 11965 Serena Road Sold 3 bd · 2 ba · 1,812 sqft · $480 · 0.9 mi | $870,000 | 3 | 2 | 1,812 | $480 | 0.9 mi |
B 11525 Manzanita Pending 4 bd · 3 ba · 1,889 sqft · $492 · 0.8 mi | $929,000 List Price | 4 | 3 | 1,889 | $492 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the property is well-maintained but dated. While it features a newer roof and quartz countertops in the kitchen, the overall interior—including the carpeting, wood-beam ceilings, and bathroom fixtures—reflects a renovation age likely exceeding 15-20 years. It is functional and move-in ready but requires cosmetic 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 is a hobbyist's dream, featuring a 1.22-acre lot equipped with a 24x24 detached 3-car garage/shop, RV pad with dump, multiple carports, and a Conex container for unparalleled storage capacity.
The 2,223 sqft flexible floor plan includes two bedrooms and a living area on each level with direct outdoor access, making it ideal for dual-family living or a potential ADU conversion.
Built in 1956, the property may have underlying original systems that require modernization or more frequent maintenance compared to newer constructions, despite recent cosmetic updates.
The assigned middle and high schools have relatively low performance ratings (3/10 and 4/10), which may be a drawback for families prioritizing top-tier public education.
Spacious Living, Stunning Views & The Ultimate Garage, RV & Parking Paradise! With newer paint & roof on 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.
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 | 3.1 |
| Baths | 3.0 | 2.1 |
| Square foot | 2,223 | 1,691.867 |
| Lot Size | 53,143 | 16,616.193 |
| Price | $975.0K | $866.6K |
| Price per sq ft | $439 | $517 |
| Built year | 1956 | 1974 |
| HOA | $0 | $161 |
| Days on market | 50 | 46 |
Sep 5, 2026
$975,000
Initial Listing
Mar 7, 1997
$203,000
Public Record