13311 Marjay Drive, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 2 bath
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13311 Marjay Drive
Lakeside, California 92040
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,445Sq Ft
21,700Lot Size
Property Price
LIST PRICE$769,000
EST. MARKET VALUE
$789,021
SUMMARY
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $769,000—positioned well below the $789,022 Fair Market Value by 2%. This valuation gap offers $20,022 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious half-acre corner lot and a private swimming pool, providing significant value-add potential through modernization. Located near the top-rated Lakeview Elementary School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Estimated Market Value
$789,021
Based on Realkey algorithm analyzing recent comparable sales in Lakeside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13311 Marjay Drive Subject 3 bd · 2 ba · 1,445 sqft · $546 | $769,000* List Price | 3 | 2 | 1,445 | $546 | - |
A 8948 Lakeview Road Sold 3 bd · 2 ba · 1,809 sqft · $481 · 0.1 mi | $870,000 | 3 | 2 | 1,809 | $481 | 0.1 mi |
B 12532 Ridgeton Dr Sold 3 bd · 2 ba · 1,841 sqft · $505 · 0.6 mi | $930,000 | 3 | 2 | 1,841 | $505 | 0.6 mi |
C 13385 Marjay Drive Active Under Contract 3 bd · 2 ba · 1,426 sqft · $596 · 0.2 mi | $850,000 List Price | 3 | 2 | 1,426 | $596 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960, this home is well-maintained but significantly dated. While it features new kitchen appliances and beautiful original hardwood floors, the cabinetry, bathrooms, and wood-slat room dividers appear to be 20-40 years old. The exterior driveway shows significant cracking, and the overall aesthetic requires modernization to meet current standards.
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 = 21700, living area = 1445.
- Expansive Corner Lot
The property features a generous half-acre corner lot, providing rare space for RV parking, a private swimming pool, and extensive outdoor entertaining areas.
- Interior Character and Updates
The home preserves its original hardwood floors for timeless warmth while offering modern functionality with new kitchen appliances and a primary ensuite bathroom.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1960, the home may require additional capital investment to update aging systems or structural elements not addressed by recent cosmetic improvements.
- Modest Interior Square Footage
At 1,445 square feet, the indoor living space is relatively small compared to the large lot size, which may limit appeal for buyers seeking a more expansive floor plan.
About 13311 Marjay Drive
Welcome to this charming Lakeside home, situated on a spacious half-acre corner lot in the heart of Lakeside! Offering 1,445 square feet of living space, this 3-bedroom, 2-bathroom home features beautiful original hardwood floors that add warmth and character throughout. The large kitchen features new appliances and opens to a spacious dining area, creating a wonderful space for everyday living and entertaining. The primary bedroom features its own ensuite bathroom, while the two additional bedrooms share a generously sized full bathroom that also serves as the guest bathroom. Step outside to enjoy the expansive covered patio, perfect for outdoor dining, relaxing, and gatherings with family and friends. The separate swimming pool offers a refreshing retreat, complete with a convenient pool shed for additional storage. The oversized two-car garage provides plenty of space for vehicles and storage, while the generous lot offers room for RV parking and more. With its desirable corner location, spacious indoor and outdoor living areas, and plenty of possibilities to make it your own, this property offers a wonderful opportunity to enjoy the best of Lakeside living!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 21,700 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
Lakeview Elementary School
Grades K-5 • 0.3 mi
8/10
Lemon Crest Elementary School
Grades K-5 • 1.3 mi
4/10
Tierra Del Sol Middle School
Grades 6-8 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,445 | 1,691.867 |
| Lot Size | 21,700 | 16,616.193 |
| Price | $769.0K | $866.6K |
| Price per sq ft | $532 | $517 |
| Built year | 1960 | 1974 |
| HOA | $0 | $161 |
| Days on market | 17 | 46 |
Pricing History
Listed for Sale
Oct 8, 2026
$769,000
Initial Listing