
Lakeside, California 92040
This property presents a High-Potential Investment Opportunity with a List Price of $869,000—positioned well below the $848,805 Fair Market Value by -2%. While the home carries a Condition Rating of 5, the expansive 19,144 sqft lot and Mountain Views provide a rare canvas for value-add development, including ADU potential. This asset requires a comprehensive interior renovation to modernize its 1980s footprint. It is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize equity through significant structural and cosmetic transformation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13020 Manajo Way Subject 4 bd · 3 ba · 2,074 sqft · $409 | $869,000* List Price | 4 | 3 | 2,074 | $409 | - |
A 12532 Ridgeton Dr Sold 3 bd · 2 ba · 1,841 sqft · $505 · 0.5 mi | $930,000 | 3 | 2 | 1,841 | $505 | 0.5 mi |
B 13049 Lindo Lane Sold 3 bd · 2 ba · 1,400 sqft · $507 · 1.0 mi | $710,000 | 3 | 2 | 1,400 | $507 | 1.0 mi |
C 9620 Los Coches Road Sold 5 bd · 2 ba · 1,584 sqft · $467 · 0.9 mi | $740,000 | 5 | 2 | 1,584 | $467 | 0.9 mi |
D 12435 Rockcrest Road Sold 3 bd · 2 ba · 1,382 sqft · $452 · 0.9 mi | $625,000 | 3 | 2 | 1,382 | $452 | 0.9 mi |
E 13344 Goldentop Sold 3 bd · 2 ba · 1,579 sqft · $526 · 0.5 mi | $830,000 | 3 | 2 | 1,579 | $526 | 0.5 mi |
F 9622 Lakeview Active 3 bd · 3 ba · 2,771 sqft · $343 · 0.9 mi | $950,000 List Price | 3 | 3 | 2,771 | $343 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 and appears to be in mostly original condition. The kitchen and bathrooms feature dated 40+ year old cabinetry, tile countertops, and fixtures. The listing description explicitly frames the property as a 'canvas' for 'reimagining' and 'transformation,' which is industry terminology for a home requiring a full interior rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19144, living area = 2074.
The nearly half-acre lot (19,144 sqft) provides exceptional space for an ADU, resort-style amenities, or extensive landscaping, offering rare development potential in the area.
The property features impressive mountain views that provide a serene backdrop and enhance the overall aesthetic appeal and market value of the residence.
The property is marketed as a 'canvas for reimagining,' indicating that significant capital investment is needed to update finishes and modernize the home to current standards.
Given the year built and the description of the home's current state, buyers may face additional costs for upgrading aging systems such as HVAC, roofing, or plumbing.
Situated on an expansive, oversized lot in Lakeside, this property presents a unique opportunity to create a forever home that reflects your personal vision and style, offering an exceptional canvas for those looking to thoughtfully reimagine and transform a home both inside and out. The generous grounds offer endless inspiration for an ADU, or creating a private outdoor retreat; whether incorporating beautifully landscaped gardens, sophisticated entertaining spaces, or resort-inspired amenities. Inside, the home invites a fresh perspective, with the opportunity to introduce modern finishes, elevated design elements, and personalized touches throughout. With its substantial lot, impressive mountain views and remarkable potential, this property offers the freedom to create something truly special. A rare opportunity to transform an existing residence into a beautifully curated home tailored to your lifestyle, where the possibilities are limited only by your imagination.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 3.0 | 2.1 |
| Square foot | 2,074 | 1,691.867 |
| Lot Size | 19,144 | 16,616.193 |
| Price | $869.0K | $866.6K |
| Price per sq ft | $419 | $517 |
| Built year | 1980 | 1974 |
| HOA | $0 | $161 |
| Days on market | 16 | 46 |
Oct 9, 2026
$869,000
Initial Listing