
San Diego, California 92128
This High-Potential Investment Opportunity is listed at $2,499,999, positioned well below the $2,590,043 Fair Market Value by 3%. This valuation gap offers $90,044 in Instant Equity. Featuring a Fair Condition Rating, the 5,467 sqft estate offers significant upside through modernization. Highlights include a 1.16-acre lot, panoramic mountain views, a diving pool, and a granite kitchen. Located in the elite Poway Unified School District, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a custom estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12916 Polvera Ave Subject | $2,499,999* List Price | 5 | 4 | 5,467 | $474 | - |
A 12916 Polvera Ave Active | $2,595,000 List Price | 6 | 4 | 5,467 | $475 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (36 years old), the property is dated but well-maintained. The kitchen has received partial updates including granite countertops and stainless steel appliances, and the exterior features modern Trex decking. However, the bathrooms, wallpaper, and carpeting appear original to the construction date and require modernization. It does not meet the 'Poor' criteria as it lacks structural defects and is move-in ready, but fits 'Fair' due to the age of the primary systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50529, living area = 5467.
Elementary School: Stone Ranch Elementary School (9/10). High School: Del Norte High School (10/10).
Situated on a 1.16-acre corner lot in the exclusive 'Trails' enclave, this estate offers exceptional privacy and breathtaking panoramic mountain and pool views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1990 and marketed as an 'opportunity to create a custom estate,' the interior likely requires significant cosmetic updates to meet modern luxury standards, as evidenced by the use of virtual staging.
The combination of a substantial $858 monthly association fee and the maintenance requirements of a 1.16-acre landscaped lot with a large diving pool represents a significant ongoing financial commitment.
EXCEPTIONAL ESTATE OPPORTUNITY IN RANCHO BERNARDO’S MOST EXCLUSIVE ENCLAVE, THE TRAILS. POSITIONED ON A PREMIER 1.16-ACRE PRIVATE CORNER LOT, THIS EXPANSIVE RESIDENCE OFFERS REMARKABLE PRIVACY, PANORAMIC VIEWS, AND THE FOUNDATION FOR TRUE RESORT-STYLE LIVING. SPANNING 5,467 SQUARE FEET, THE HOME FEATURES 6 BEDROOMS AND 3.5 BATHROOMS WITH A LAYOUT DESIGNED FOR GRAND-SCALE ENTERTAINING AND EVERYDAY ELEGANCE. SOARING 20FT WOOD BEAM CEILINGS, MULTIPLE FORMAL AND CASUAL LIVING SPACES, AND WALLS OF WINDOWS CREATE AN ABUNDANCE OF NATURAL LIGHT WHILE FRAMING THE STUNNING SURROUNDINGS AND SEAMLESS INDOOR-OUTDOOR FLOW. FOUR FIREPLACES THROUGHOUT THE HOME ADD WARMTH, CHARACTER, AND ARCHITECTURAL INTEREST. THE ENTERTAINER’S KITCHEN ANCHORS THE HOME WITH GRANITE COUNTERTOPS, A CENTER ISLAND, WALK-IN PANTRY, AND GENEROUS COUNTERTOP SEATING, OPENING TO THE FAMILY ROOM AND AN EXPANSIVE APPROXIMATELY 1,000 SQUARE FEET OF TREX DECKING IDEAL FOR HOSTING OR UNWINDING WHILE TAKING IN THE BREATHTAKING VIEWS. A WET BAR IN THE FAMILY ROOM FURTHER ENHANCES THE HOME’S ENTERTAINMENT APPEAL. THE SPACIOUS PRIMARY SUITE IS A PRIVATE SANCTUARY, OFFERING TWO PRIVATE TERRACES, A SEPARATE DRESSING AREA, AND AN OVERSIZED CEDAR-LINED WALK-IN CLOSET, CREATING A TRUE RETREAT WITHIN THE HOME. THE LOWER LEVEL PROVIDES ADDITIONAL FLEXIBLE LIVING SPACE WITH A BONUS ROOM WITH THE OPTION TO BE AN ADDITIONAL BEDROOM, ALONG WITH A BEDROOM FEATURING A WALK-IN CLOSET AND A FULL BATHROOM. THIS LEVEL OFFERS BOTH INTERIOR AND EXTERIOR ACCESS, MAKING IT IDEAL FOR GUESTS, OR FUTURE CUSTOMIZATION. THE FULLY FENCED BACKYARD IS A TRUE HIGHLIGHT, FEATURING A PARK-LIKE YARD WITH LUSH LANDSCAPING, MAJESTIC MATURE TREES, A SPECTACULAR DIVING POOL, LUXURIOUS SPA, AND A LARGE FIREPIT—CREATING AN EXCEPTIONAL SETTING FOR BOTH RELAXATION AND ELEVATED ENTERTAINING. THE PROPERTY OFFERS POTENTIAL FOR MANY OPTIONS, IN ADDITION TO THE EXISTING DOWNSTAIRS LOWER-LEVEL LIVING AREA, PROVIDING LONG-TERM FLEXIBILITY AND VALUE. ADDITIONAL FEATURES INCLUDE A 3-CAR ATTACHED GARAGE WITH DIRECT ACCESS, AN ELEGANT CIRCULAR DRIVEWAY OFFERING ABUNDANT ADDITIONAL PARKING, INDOOR LAUNDRY, AND A COMPREHENSIVE SECURITY SYSTEM FOR PEACE OF MIND. THIS IS A RARE OPPORTUNITY TO CREATE A CUSTOM ESTATE IN ONE OF RANCHO BERNARDO’S MOST COVETED NEIGHBORHOODS—WHERE SCALE, PRIVACY, VIEWS, AND TIMELESS POTENTIAL CONVERGE. SOME PHOTOS HAVE BEEN VIRTUALLY STAGED.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 5,467 | 1,777 | 99% |
| Lot Size | 50,529 | 6,098.4 | 91% |
| Price | $2.50M | $1.18M | 99% |
| Price per sq ft | $457 | $652 | 4% |
| Built year | 1990 | 1985 | 80% |
| HOA | $858.0 | $271 | 98% |
| Days on market | 22 | 125 | 6% |
May 22, 2026
$2,499,999
Initial Listing
May 15, 2001
$1,060,000
Public Record
Jun 20, 1996
$730,000
Public Record