12237 Carmel Vista Rd 259, San Diego, California 92130, San Diego, 92130 - 2 bed, 2 bath
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San Diego, California 92130
This Renovated Top-Floor Condo is a Prime Investment Opportunity listed at $869,000—positioned well below the $899,000 Fair Market Value by 3%. This valuation gap provides $30,000 in Instant Equity. Boasting vaulted ceilings, skylights, and a versatile loft, the property maintains a Move-In Ready Condition Rating with modern kitchen and bathroom updates. Located walking distance to One Paseo and zoned for Top-Rated Schools like Carmel Valley Middle, this residence offers a premium lifestyle. It is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12237 Carmel Vista Rd 259 Subject | $869,000* List Price | 2 | 2 | 1,269 | $708 | - |
A 12604 Carmel Country Road 17 Sold | $905,000 | 2 | 3 | 1,088 | $832 | 0.8 mi |
B 3686 Ruette De Ville Sold | $1,040,000 | 2 | 3 | 1,236 | $841 | 0.2 mi |
C 12207 Caminito Mira Del Mar Sold | $1,100,000 | 3 | 3 | 1,310 | $840 | 0.2 mi |
D 12213 Carmel Vista Rd 234 Sold | $670,000 | 1 | 1 | 951 | $705 | 0.1 mi |
E 3539 Voyager Circle Sold | $720,000 | 2 | 2 | 1,097 | $656 | 0.8 mi |
F 4029 Carmel View Rd 142 Sold | $755,750 | 2 | 2 | 964 | $784 | 0.4 mi |
G 4035 Carmel View Road #114 Active | $849,000 List Price | 2 | 2 | 1,145 | $741 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant interior updates that align with modern tastes. The kitchen has been renovated with white shaker-style cabinetry, stone countertops, a subway tile backsplash, and stainless steel appliances. Bathrooms feature updated vanities and contemporary fixtures. While the building was constructed in 1985, the unit's interior shows extensive recent renovations including modern hard-surface flooring, neutral paint, and updated lighting. It avoids an 'excellent' rating only due to the age of the overall structure and association infrastructure (1985), but the unit itself is highly maintained with no deferred maintenance visible.
Elementary School: Carmel Del Mar Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Situated in the heart of Carmel Valley, the property is within walking distance to One Paseo and Del Mar Highlands, while offering access to top-tier schools with ratings of 9 and 10.
This top-floor corner unit features vaulted ceilings and skylights that flood the living space with natural light, creating a spacious and airy feel rarely found in standard condominiums.
Built in 1985, the building and its infrastructure may require more frequent maintenance or face potential future assessments compared to newer developments in the area.
The $565 monthly association fee is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Welcome to The Lakes in Carmel Valley! This exquisite top-floor corner unit is a rare gem. Boasting tall, vaulted ceilings and two skylights, the living spaces are bathed in natural light, creating an airy and inviting atmosphere. The kitchen and bathrooms have been updated, providing both style and functionality. The versatile loft space presents the perfect opportunity for an optional third bedroom, office, or creative studio to suit your lifestyle needs. Enjoy your morning coffee or unwind in the evenings on the charming balcony off the living room, with serene views of water features that run throughout the neighborhood and pool enhancing your relaxation. For added convenience, this home includes an in-unit washer and dryer, making laundry days a breeze. The Lakes Community offers an array of amenities to enrich your living experience. Take advantage of the tennis courts, cool off in the sparkling pool, relax in the soothing spa, host gatherings at the BBQ area, or socialize in the clubhouse. With Top Awarded Schools, being one mile to the beach and a block from One Paseo and Del Mar Highlands, you will not want to miss out on this exceptional opportunity to own a piece of paradise in Carmel Valley.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.6 mi
Grades 7-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,269 | 964 | 88% |
| Lot Size | - | 38,332.801 | 42% |
| Price | $869.0K | $835.0K | 58% |
| Price per sq ft | $685 | $796 | 6% |
| Built year | 1985 | 1992 | 12% |
| HOA | $565.0 | $439 | 82% |
| Days on market | 47 | 160 | 9% |
Mar 27, 2026
$869,000
$899,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$899,000
Initial Listing
May 21, 2014
$460,000
Public Record
Dec 26, 2002
$338,000
Public Record