11550 Caminito La Bar 118, San Diego, California 92126, San Diego, 92126 - 2 bed, 2 bath

11550 Caminito La Bar 118, San Diego, California 92126 home-pic-0
ACTIVE$605,000
11550 Caminito La Bar 118, San Diego, California 92126
2Beds
2Baths
1,110Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Sandburg Elementary School (9/10). High School: Mira Mesa High School (9/10).
Top Cons:
High Monthly Association Fee: The $655.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which may impact affordability for some buyers.

Compared to the nearby listings

Price:$605.0K vs avg $543.5K (+$61,500)70%
Size:1,110 sqft vs avg 884 sqft76%
Price/sqft:$545 vs avg $62917%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has undergone significant recent updates, including a modern kitchen with granite countertops, custom cabinets, and stainless steel appliances. The bathrooms feature new countertops and appear well-maintained. Fresh paint and updated laminate flooring throughout the living areas and bedrooms contribute to a move-in ready condition. While the building's age is over 20 years, the extensive interior renovations, particularly in the kitchen and bathrooms, bring its condition closer to that of a property renovated within the last 5-15 years, fitting the 'Good' criteria.
Year Built
1989
Close
-
List price
$605K
Original List price
$649K
Price/Sqft
$545
HOA
$655
Days on market
-
Sold On
-
MLS number
250041313SD
Home ConditionGood
Features
View-

About this home

Welcome to the beautifully updated Canyon Bluffs Condo with Loft located on the edge of Sorrento Valley and Mira Mesa. This top-floor 2BR/2BA condo with a spacious loft (optional 3rd bedroom or office) offers unbeatable convenience, just 10 min to Qualcomm and 12 min to UCSD. Freshly painted and featuring new bathroom countertops, vaulted ceilings, and abundant natural light, this home feels open and inviting. The primary suite boasts dual sinks and a large walk-in closet. Highlights include a modern granite kitchen with custom cabinets, a cozy fireplace, an HVAC system, a spacious laundry room, and a private front patio. Two oversized walk-in attic spaces provide incredible storage or potential for expansion. Enjoy assigned parking, ample guest parking, and resort-style amenities including a pool, spa, and recreation room surrounded by lush greenbelts. Close to shopping, dining, and freeways—this home offers the perfect blend of comfort, style, and location.

Nearby schools

9/10
Sandburg Elementary School
Public,K-50.7mi
8/10
Challenger Middle School
Public,6-81.0mi
9/10
Mira Mesa High School
Public,9-121.8mi

Price History

Date
Event
Price
08/16/21
Sold
$565,000
06/24/16
Sold
$352,000
10/26/01
Sold
$205,000
Condition Rating
Good

The property, built in 1989, has undergone significant recent updates, including a modern kitchen with granite countertops, custom cabinets, and stainless steel appliances. The bathrooms feature new countertops and appear well-maintained. Fresh paint and updated laminate flooring throughout the living areas and bedrooms contribute to a move-in ready condition. While the building's age is over 20 years, the extensive interior renovations, particularly in the kitchen and bathrooms, bring its condition closer to that of a property renovated within the last 5-15 years, fitting the 'Good' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Sandburg Elementary School (9/10). High School: Mira Mesa High School (9/10).
Prime Location & Commuter Access: The condo offers unbeatable convenience, just 10 minutes to Qualcomm and 12 minutes to UCSD, with easy access to shopping, dining, and freeways, appealing to professionals and students.
Modern & Updated Interior: Recently updated with fresh paint, new bathroom countertops, and a modern granite kitchen with custom cabinets, providing a move-in ready and aesthetically pleasing living space.
Flexible Living Space: A spacious loft offers versatile use as an optional third bedroom or a dedicated home office, catering to various lifestyle needs.
Exceptional Storage & Expansion Potential: Two oversized walk-in attic spaces provide significant storage solutions or potential for future expansion, a rare and valuable feature in condo living.
Resort-Style Community Amenities: Residents benefit from resort-style amenities including a pool, spa, and recreation room, enhancing the living experience and offering leisure opportunities.

Cons

High Monthly Association Fee: The $655.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which may impact affordability for some buyers.
Recent Price Reductions: Multiple price drops from the original list price (from $649,000 to $605,000) could indicate initial overpricing or market resistance, potentially signaling a need for further negotiation.
Building Age: Built in 1989, while the interior is updated, the overall building infrastructure is older, which could lead to higher HOA maintenance costs or assessments in the long term.

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