
El Cajon, California 92020
This Turn-Key Hillside Residence represents a Strong Value Opportunity, listed at $997,900—positioned well below the $1,069,908 Fair Market Value by 6%. This valuation gap offers $72,008 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers panoramic mountain views, a detached garage with 3/4 bath, and a massive 38,768 sqft lot. This property balances lifestyle privacy with financial upside, making it an ideal acquisition for Owner-Occupants seeking a unique retreat or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1504 Merritt Drive Subject | $997,900* List Price | 3 | 3 | 1,673 | $640 | - |
A 1384 Merritt Ter Sold | $1,150,000 | 5 | 3 | 2,279 | $505 | 0.2 mi |
B 1904 Grove Road Sold | $1,035,000 | 4 | 2 | 2,207 | $469 | 0.3 mi |
C 1166 Merritt Drive Sold | $775,000 | 2 | 1 | 1,306 | $593 | 0.7 mi |
D 1110 Monterey Drive Active | $899,000 List Price | 3 | 1 | 1,176 | $764 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, this property is exceptionally well-maintained and described as turn-key move-in ready. While the kitchen and primary bath vanities appear stylistically dated with oak cabinetry and tile counters (likely 15-20+ years old), the home features a remodeled second bath, an updated primary shower, and updated electrical systems. Its functional status and high level of maintenance align with the 'Good' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38768, living area = 1673.
The property offers exceptional panoramic views of Cowles Mountain and Mount Helix, situated in a private hillside enclave with dramatic natural rock formations and mature landscaping.
The home features a detached two-car garage with a rare 3/4 bath, plus a covered carport and dedicated space for RV or boat parking, providing excellent utility and storage options.
The hillside location and natural boulder terrain, while scenic, may limit the amount of flat, usable yard space for traditional outdoor recreation or gardening.
With approximately 1,674 square feet of living space, the home's interior footprint is relatively modest for a property priced near the million-dollar mark in this market.
Tucked into the hillside among dramatic natural boulders in Mount Merritt, a quiet enclave within Casa de Oro–Mount Helix, this home offers a rare combination of privacy, views, and everyday functionality. The setting feels truly special, with cool breezes, abundant natural light, and sweeping views to the west, including Cowles Mountain to the north, Mount Helix due west, Mount San Miguel to the south, and incredible sunset skies. The main home features 3 bedrooms, 2 baths, and approximately 1,674 square feet. Inside, the living room is bright and inviting with vaulted open-beam ceilings, a fireplace, large windows, and sliding glass doors that connect the home to the outdoor patio and surrounding hillside scenery. The main living areas are spacious and comfortable, and the home’s block construction provides added insulation from both warm and cool weather. The large primary suite includes ample closet space, dual vanities, a separate getting-ready area, and an updated shower. The two secondary bedrooms are also generously sized, offering flexibility for guests, family, or a home office, and the remodeled second bath adds a clean, updated feel. Incredibly well maintained and turn-key move-in ready, the property also includes updated electrical, a large detached 2-car garage with a 3/4 bath, and a covered carport area that can accommodate multiple vehicles, RV parking, boat parking, or flexible storage needs. With mature landscaping, multiple outdoor areas, natural rock formations, and panoramic East County scenery, this is a unique opportunity to own a private hillside retreat in one of the area’s most distinctive settings. Schedule your private tour today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,673 | 1,574 |
| Lot Size | 38,768 | 9,779 |
| Price | $997.9K | $894.9K |
| Price per sq ft | $596 | $528 |
| Built year | 1984 | 1970 |
| HOA | $0 | $200 |
| Days on market | 9 | 42 |
Jul 13, 2026
$997,900
Initial Listing
Jun 13, 2005
$653,500
Public Record
Jan 20, 2000
$179,000
Public Record