12307 Lemon Crest Drive, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 2 bath
12307 Lemon Crest Drive
Lakeside, California 92040
Property Price
SUMMARY
Analysis of 12307 Lemon Crest Drive, Lakeside, California 92040 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $775,766 Fair Market Value by 9%. This valuation gap indicates a +$76,766 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lakeside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12307 Lemon Crest Drive Subject | $699,000* List Price | 3 | 2 | 1,515 | $512 | - |
A 9518 Cypress St Sold | $705,000 | 3 | 2 | 1,540 | $458 | 0.8 mi |
B 9753 Shamrock Ln Sold | $775,000 | 3 | 3 | 1,600 | $484 | 0.5 mi |
C 9317 Marilla Drive Sold | $810,000 | 3 | 2 | 1,520 | $533 | 0.9 mi |
D 12507 Castle Court Dr Sold | $767,000 | 3 | 2 | 1,413 | $543 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1960, the property is well-maintained with significant infrastructure updates to electrical and plumbing systems; however, the interior aesthetics, kitchen, and bathrooms appear dated and lack a recent comprehensive renovation. While functional and move-in ready, the home requires cosmetic modernization to meet current 'good' or 'excellent' standards, consistent with the listing's mention of adding personal touches.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10890, living area = 1515.
- Scenic Valley Views
The property is situated on a generous 0.25-acre lot that offers beautiful, elevated valley views, providing a serene and private atmosphere that enhances the home's overall value.
- Modern Infrastructure Upgrades
Thoughtful electrical and plumbing upgrades, combined with an EV-ready charging outlet in the carport, offer essential modern functionality and peace of mind for a home of this vintage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10890, other record lot size in square feet = 11739.
- Lack of Enclosed Garage
The property features a carport rather than a fully enclosed garage, which may be a drawback for buyers seeking additional security or protected storage space.
- Potential for Cosmetic Modernization
Built in 1960 and noted as having room for personal touches, the home may require additional investment from buyers looking to update the interior aesthetics to contemporary standards.
About 12307 Lemon Crest Drive
Welcome to this charming 3 bedroom, 2 bathroom home nestled in the peaceful Riverview Farms neighborhood of Lakeside. Set on a generous .25-acre lot, enjoy beautiful valley views that create a calm, private setting you’ll love coming home to. Features include an open floorplan, laundry room, and primary suite with en suite bathroom and jetted bathtub for a comfortable retreat. The cozy family room with fireplace and dimmable solar tube lighting provides the perfect space to relax, or gather with loved ones. Thoughtful electrical and plumbing upgrades add modern comfort and peace of mind. The functional layout makes this home ideal as a starter home or forever home, with room to add your own personal touches. Step outside to the spacious, drought-resistant backyard designed for easy maintenance and outdoor enjoyment. Take in the views, enjoy the cross-breeze, entertain guests, or relax in the hot tub under the stars. Additional highlights include a carport with EV-ready charging outlet and a convenient location minutes from schools, libraries, local shops/malls, and freeway access, while still enjoying a serene neighborhood. This is a must see! (Some photos have been digitally staged to illustrate layout.)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakeside Unified Schools
Lemon Crest Elementary School
Grades K-5 • 0.3 mi
Lakeside Middle School
Grades 6-8 • 0.8 mi
Tierra Del Sol Middle School
Grades 6-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,515 | 1,569 | 39% |
| Lot Size | 10,890 | 11,900 | 45% |
| Price | $699.0K | $825.0K | 15% |
| Price per sq ft | $461 | $509 | 29% |
| Built year | 1960 | 1972 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 169 | 5% |
Pricing History
Listed for Sale
Jan 29, 2026
$699,000
Initial Listing
Sold
Dec 2, 2005
$412,000
Public Record