
El Cajon, California 92020
This Panoramic Mount Merritt Estate is a Strong Value Opportunity, listed at $1,129,000—positioned well below the $1,247,541 Fair Market Value by 9%. This valuation gap offers $118,541 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the home features 280-degree panoramic views, a detached powered workshop, and an expansive 30,056 sq. ft. lot. With high-quality wood flooring and a versatile bonus room, it perfectly balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or multi-generational buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 Merritt Dr Subject | $1,129,000* List Price | 3 | 3 | 2,430 | $513 | - |
A 1904 Grove Road Sold | $1,035,000 | 4 | 2 | 2,207 | $469 | 0.8 mi |
B 1918 Grove Road Sold | $1,135,000 | 4 | 3 | 2,814 | $403 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership through exceptional maintenance. While originally built in 1965, the home features significant updates including high-quality wood flooring, recessed lighting, and a primary suite with an en-suite bath. The kitchen contains custom cabinetry and the bathrooms have been updated, including a lower-level bathroom with a soaking tub. The exterior is well-kept with artificial turf and a redwood deck, fitting the criteria for a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 2430.
The property features exceptional 280-degree sweeping views of the hills and city lights, providing a dramatic and highly desirable backdrop from multiple living areas.
Situated on a rare 30,056 sq. ft. lot with a long private driveway, the home offers significant privacy and ample space for outdoor entertaining and parking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is spread across multiple levels, including a lower-level family room and upstairs bedrooms, which may be a drawback for buyers seeking single-story accessibility.
Built in 1965, the property may require cosmetic or structural updates to satisfy modern buyers looking for contemporary open-concept living and finishes.
Imagine waking each morning to sweeping 280-degree panoramic views, where the hills, sky, and changing light become the backdrop to everyday life. Welcome to 1216 Merritt Drive—a beautifully maintained 3-bedroom, 3-bathroom Mount Merritt home set on an expansive 30,056 sq. ft. lot, offering a rare combination of scenery, space, and privacy, yet just minutes from the conveniences of El Cajon. Inside, the 2,430 SF layout is warm and inviting. The main level features a spacious living and dining area with breathtaking views, perfect for entertaining beside the fireplace while guests enjoy gazing at the sparkling city lights. The kitchen offers custom-built cabinetry designed to maximize storage and functionality. Upstairs you'll find the primary suite with en-suite bath, along with two additional bedrooms and a hall bath. Beautiful wood flooring flows throughout adding warmth and timeless character. The lower level includes a generous family room ideal for relaxing or gathering. Just off the family room is a luxurious bathroom with a soaking tub and a versatile bonus room perfect for a home office, gym, studio, or playroom. An oversized laundry room with abundant cabinetry adds convenience to everyday life. Outdoor living shines with a redwood deck and patio, artificial turf, and a charming pergola—ideal for dining under the stars. The property also features a large detached powered workshop ideal for hobbies, projects, or storage. Tucked down a long private driveway off Merritt Dr, the home offers privacy with ample parking. Exceptionally well maintained by long-term owners.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,430 | 1,920 | 71% |
| Lot Size | 30,056 | 9,500 | 92% |
| Price | $1.13M | $945.0K | 65% |
| Price per sq ft | $465 | $523 | 28% |
| Built year | 1965 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 153 | 8% |
Mar 11, 2026
$1,129,000
Initial Listing