
Lakeside, California 92040
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $1,007,000—positioned well below the $1,053,544 Fair Market Value by 4%. This valuation gap offers $46,544 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a modern island kitchen and a detached ADU, this property offers significant rental potential on its A70 Zoned Lot. With a private pool and mountain views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking versatile living space.
Property is new construction or fully renovated.
The property was comprehensively remodeled approximately two years ago, which falls within the <5 year renovation window for an excellent rating. It features a modern kitchen with quartz countertops, updated bathrooms, new flooring, and fresh paint, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24393, living area = 2650.
The property features a fully detached 1-bedroom, 1-bathroom ADU with its own laundry and separate entrance, providing excellent versatility for rental income, guests, or multi-generational living.
Extensively renovated approximately two years ago, the home boasts a contemporary island kitchen with quartz countertops, updated bathrooms, and fresh paint, offering a move-in-ready experience.
The requirement for the buyer to assume a $364 monthly solar payment represents a significant fixed recurring cost that may impact overall affordability and buyer interest.
The local middle and high schools carry lower ratings (4/10 and 3/10 respectively), which may be a drawback for families prioritizing high-performing educational districts.
One-of-a-kind residence featuring 4 bedrooms, 2 full bathrooms with 1 bedroom 1 full bath detached ADU complete with it's own laundry closet and seprate entrance, making it ideal for guest, extended family or rental. Enjoy your own private swimming pool, spacious backyard. Beautifully remolded approximately two years ago and has recently been painted, this home features a welcoming fireplace, family room, a stunning island kitchen with quartz countertops, modern bathrooms, and a seprate laundry room. Ample parking for multiple vehicles. Solar to be transferred and assumed by buyer, $364 a month. Zoned A70 intended for crop or animal agriculture. Number of animals allowed are specified by neighborhood regulations. Property is vacant, move-in ready for immediate occupancy. Don't miss this opportunity!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,650 | 1,571.5 |
| Lot Size | 24,393 | 13,249 |
| Price | $1.01M | $819.1K |
| Price per sq ft | $380 | $523 |
| Built year | 1980 | 1971 |
| HOA | $0 | $81 |
| Days on market | 2 | 51 |
Jul 20, 2026
$1,007,000
Initial Listing
Sep 14, 2022
$885,000
Public Record
Dec 21, 2021
$550,000
Public Record