1153 Merritt Dr, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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1153 Merritt Dr
El Cajon, California 92020
ACTIVE
CONDITION: FAIR
2Beds
2Baths
2,344Sq Ft
27,900Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$1,063,443
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $975,000—positioned well below the $1,063,443 Fair Market Value by 8%. This valuation gap offers $88,443 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic updates. Key assets include a massive 27,900 sqft lot, panoramic mountain views, and a pool. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with ADU potential.
Estimated Market Value
$1,063,443+$88,443 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1153 Merritt Dr Subject 2 bd · 2 ba · 2,344 sqft · $454 | $975,000* List Price | 2 | 2 | 2,344 | $454 | - |
A 1216 Merritt Dr Sold 3 bd · 3 ba · 2,430 sqft · $422 · 0.2 mi | $1,025,000 | 3 | 3 | 2,430 | $422 | 0.2 mi |
B 1342 Bernita Road Sold 3 bd · 3 ba · 2,550 sqft · $431 · 0.5 mi | $1,100,000 | 3 | 3 | 2,550 | $431 | 0.5 mi |
C 11238 Rolling Hills Dr Sold 4 bd · 3 ba · 2,641 sqft · $454 · 0.8 mi | $1,200,000 | 4 | 3 | 2,641 | $454 | 0.8 mi |
D 425 Avenida Abajo Active 4 bd · 3 ba · 2,372 sqft · $485 · 1.0 mi | $1,150,000 List Price | 4 | 3 | 2,372 | $485 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1983 (41 years old) and retains its original aesthetic, including a dated kitchen with oak cabinetry and blue tile countertops. While the home appears well-maintained and functional, the interior finishes, bathrooms, and systems are over 20 years old, placing it in the 'Fair' category as it requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27900, living area = 2344.
- Exceptional Privacy and Lot Size
Situated at the end of a long private drive on a massive 27,900 sqft lot, this property offers a rare foothill retreat atmosphere with significant seclusion and mountain views.
- Versatile ADU and Hobbyist Potential
The property features a garage with plumbing for potential ADU conversion, a dedicated workshop, and ample RV/toy parking, providing excellent flexibility for multi-generational living or home businesses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 5.
- Limited Bedroom Configuration
With only 2 primary bedrooms and an optional 3rd, the layout may be less appealing to larger families given the home's substantial square footage and price point.
- Verification and Permitting Requirements
Key value-add features such as ADU potential and business use require buyer verification, suggesting potential regulatory hurdles or additional costs to fully realize the property's possibilities.
About 1153 Merritt Dr
Your Private Foothill Retreat Awaits! Tucked away in the foothills at the end of a long, private drive, this 2-bedroom, 2-bath home offers peace, privacy, and versatility. An optional 3rd bedroom provides flexible space, while the expansive outdoor area and pool are perfect for entertaining. Additional features include a workshop, RV/toy parking, and a garage with plumbing and potential ADU possibilities (buyer to verify). Whether you're looking for room to entertain, space for your hobbies or business (buyer to verify), or a peaceful place to unwind, this unique property offers endless possibilities to make it your own. Enjoy a secluded setting just minutes from shopping, restaurants, and freeway access!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 27,900 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,344 | 1,647.315 |
| Lot Size | 27,900 | 9,665.034 |
| Price | $975.0K | $867.6K |
| Price per sq ft | $416 | $530 |
| Built year | 1983 | 1970 |
| HOA | $0 | $184 |
| Days on market | 14 | 40 |
Pricing History
Listed for Sale
Oct 11, 2026
$975,000
Initial Listing