
El Cajon, California 92020
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $929,000—positioned well below the $949,000 Fair Market Value by 2%. This valuation gap offers $20,000 in Instant Equity. Featuring a Condition Rating of 2, the home offers modern finishes, an entertainer's deck, and panoramic city views on a half-acre lot. This property balances lifestyle luxury with financial stability, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready hilltop estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1166 Merritt Drive Subject 3 bd · 2 ba · 1,945 sqft · $488 | $929,000* List Price | 3 | 2 | 1,945 | $488 | - |
A 1192 Merritt Dr Sold 3 bd · 4 ba · 2,007 sqft · $477 · 0.1 mi | $956,850 | 3 | 4 | 2,007 | $477 | 0.1 mi |
B 943 S Anza Street Sold 4 bd · 3 ba · 1,681 sqft · $506 · 0.3 mi | $850,000 | 4 | 3 | 1,681 | $506 | 0.3 mi |
C 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 |
D 781 Denise Sold 3 bd · 2 ba · 1,464 sqft · $598 · 0.7 mi | $875,000 | 3 | 2 | 1,464 | $598 | 0.7 mi |
E 755 Prescott Avenue Sold 3 bd · 2 ba · 1,474 sqft · $610 · 1.0 mi | $899,000 | 3 | 2 | 1,474 | $610 | 1.0 mi |
F 1005 Anza Ct Sold 4 bd · 3 ba · 1,516 sqft · $491 · 0.3 mi | $745,000 | 4 | 3 | 1,516 | $491 | 0.3 mi |
G 469 Taft Sold 4 bd · 3 ba · 1,834 sqft · $616 · 0.9 mi | $1,130,000 | 4 | 3 | 1,834 | $616 | 0.9 mi |
H 1504 Merritt Drive Sold 3 bd · 3 ba · 1,673 sqft · $596 · 0.7 mi | $997,900 | 3 | 3 | 1,673 | $596 | 0.7 mi |
I 225 E Renette Ave Active 3 bd · 2 ba · 1,508 sqft · $507 · 0.9 mi | $764,900 List Price | 3 | 2 | 1,508 | $507 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a comprehensive contemporary renovation within the last 5 years. The kitchen and bathrooms feature modern flat-panel cabinetry, marble-style backsplashes, and updated fixtures. The interior is in mint condition with new flooring, recessed lighting, and skylights, making it a fully turnkey home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26571, living area = 1306.
Situated on a hilltop at the crossroads of Mt. Helix and Rancho San Diego, the property offers exceptional panoramic city views and a prestigious, elevated setting.
The home features high-end contemporary finishes and a modern layout, providing a move-in-ready experience that eliminates the need for immediate renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1945, other record living area = 1306. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-07-08. The sold price is $775,000.00.
Originally built in 1952, the property may have aging core systems or structural elements typical of older homes, despite the modern surface-level updates.
Panoramic City Views & Turnkey Modern Living on Half an Acre! This 3 bedroom, 2 bathroom hilltop estate is set at the crossroads of Mt. Helix, Rancho San Diego, and Granite Hills. The home features an entertainer's deck, pristine contemporary finishes throughout, and abundant guest parking. Enjoy tiered grounds with a producing avocado orchard and endless outdoor potential. A rare turnkey opportunity offering views, land, and lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,945 | 1,647.315 |
| Lot Size | - | 9,665.034 |
| Price | $929.0K | $867.6K |
| Price per sq ft | $478 | $530 |
| Built year | 1952 | 1970 |
| HOA | $0 | $184 |
| Days on market | 38 | 40 |
Oct 2, 2026
$929,000
$949,000
-2% Price Drop
Initial Listing
Sep 17, 2026
$949,000
Initial Listing
Jul 8, 2026
$775,000
Public Record