12236 Malabar Drive, Poway, California 92064, Poway, 92064 - 4 bed, 3 bath

12236 Malabar Drive, Poway, California 92064 home-pic-0
ACTIVE$1,700,000$2,761/sqft
12236 Malabar Drive, Poway, California 92064
4Beds
3Baths
2,761Sqft
74,923.203Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 74923, living area = 2761.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =74923, other record lot size in square feet = 75133. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.70M vs avg $1.22M (+$477,500)74%
Size:2,761 sqft vs avg 2,047 sqft73%
Price/sqft:$616 vs avg $62545%

More Insights

Built in 1992 (34 years old).
Condition: Built in 1992, the property is well-maintained with updated flooring and paint, making it move-in ready. However, the kitchen features granite countertops and white cabinets that, while functional, are not contemporary. The bathrooms, particularly the master, show significant signs of being outdated with tile countertops, gold-accented fixtures, and older tile patterns. The listing description itself suggests that a new owner will 'envision their own upgrades and personal touches,' indicating that major components are functional but show signs of being outdated, aligning with a 'fair' condition.
Year Built
1992
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2600419
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

This beautiful single-story home is in a quiet Cul-de-sac with peaceful surroundings. Inside the front door, you will find a lot of natural light welcoming you to a living and a formal dining room. Turn right and walk down the hallway, where you find a spacious family room that opens up to a built-in island and a gourmet kitchen with a eat-in breakfast nook. On the opposite side of the house is your living corner with a master suite, three roomy bedrooms and bathroom with double sinks. The home also features a powder room, a laundry room, and a three-car garage. With this well-designed floorplan, a new owner will be able to envision their own upgrades and personal touches to make it to their taste. Huge backyard makes great entertaining area. Surrounding garden has many citrus trees. This property spreads over 1.72 Acre. There is enough room for a pool, a pickleball court, and an ADU. No HOA. No mello-roos. Poway Unified School District. Easy access to freeway, park, shopping, restaurant and entertainment. Come tour it today and make it your dream home. General information from City of Poway regarding to ADU and SB 9 Developments & Urban Lot Splits are in attached Document.

Q
Queenie Law
Listing Agent

Nearby schools

7/10
Pomerado Elementary School
Public,K-52.0mi
8/10
Bernardo Heights Middle School
Public,6-80.5mi
9/10
Rancho Bernardo High School
Public,9-120.4mi
8/10
Poway High School
Public,9-122.5mi

Price History

Date
Event
Price
03/22/17
Sold
$462,500
Condition Rating
Fair

Built in 1992, the property is well-maintained with updated flooring and paint, making it move-in ready. However, the kitchen features granite countertops and white cabinets that, while functional, are not contemporary. The bathrooms, particularly the master, show significant signs of being outdated with tile countertops, gold-accented fixtures, and older tile patterns. The listing description itself suggests that a new owner will 'envision their own upgrades and personal touches,' indicating that major components are functional but show signs of being outdated, aligning with a 'fair' condition.
Pros & Cons

Pros

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 = 74923, living area = 2761.
Great Schools: High School: Rancho Bernardo High School (9/10).
Expansive Lot & Development Potential: The property boasts a substantial 1.72-acre lot, offering ample space for a pool, pickleball court, and the potential for an Accessory Dwelling Unit (ADU), providing significant value-add opportunities.
Desirable Location & School District: Situated in a quiet cul-de-sac within the highly-rated Poway Unified School District, with easy access to freeways, parks, shopping, restaurants, and entertainment, enhancing its appeal to families.
Financial Advantages (No HOA/Mello-Roos): The absence of Homeowners Association (HOA) fees and Mello-Roos taxes significantly reduces ongoing ownership costs and provides greater flexibility for the homeowner.
Functional Single-Story Layout: The well-designed single-story floorplan offers convenience and accessibility, featuring a spacious family room, gourmet kitchen with an eat-in breakfast nook, and good separation of living spaces.
Generous Parking & Storage: A three-car garage provides ample parking, storage, and potential for a workshop, catering to practical needs and hobbies.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =74923, other record lot size in square feet = 75133. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Requires Modernization/Upgrades: The description indicates that a new owner will need to 'envision their own upgrades and personal touches,' suggesting the home's finishes and features may not be fully updated to contemporary standards, requiring additional investment.
Potential for Dated Systems: Built in 1992, the property's major systems (e.g., HVAC, water heater, roof) and some fixtures may be original or nearing the end of their typical lifespan, potentially leading to future maintenance or replacement costs.
Lack of Specific High-End Finishes: While functional, the property description does not highlight specific luxury finishes, smart home technology, or premium materials that are often expected in homes at this price point, which might require further investment to achieve a high-end feel.
Browse Properties by State Browse housing market trends by state