
Chula Vista, California 91913
This Spacious Otay Ranch Residence is a Strong Value Opportunity, listed at $1,248,000—positioned well below the $1,316,229 Fair Market Value by 5%. This valuation gap provides $68,229 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features premium walnut hardwood floors, marble countertops, and panoramic valley views. With a versatile main-level bedroom and proximity to top Otay Ranch schools, it perfectly balances financial upside with lifestyle luxury. This is an ideal acquisition for Owner-Occupants or Multigenerational Families seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1517 Carmel Ave Subject | $1,248,000* List Price | 5 | 3 | 2,888 | $456 | - |
A 1539 Clovis Ct Sold | $999,900 | 4 | 3 | 2,246 | $445 | 0.2 mi |
B 1209 Morgan Hill Dr Sold | $1,255,000 | 5 | 4 | 3,213 | $391 | 0.6 mi |
C 1440 Blairwood Ave Sold | $1,170,000 | 3 | 4 | 2,524 | $464 | 0.9 mi |
D 1777 Clover Tree Street Sold | $1,270,000 | 6 | 4 | 3,235 | $393 | 0.7 mi |
E 1153 Gustine Street Sold | $1,330,000 | 4 | 4 | 2,751 | $483 | 0.3 mi |
F 1863 Meeks Bay Drive Sold | $1,119,000 | 4 | 3 | 2,656 | $421 | 0.8 mi |
G 1164 Benecia Court Active | $1,295,000 List Price | 4 | 4 | 3,019 | $429 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring high-end materials such as walnut hardwood floors, marble countertops in the primary suite, and solid core bamboo doors. While the 2002 build date and kitchen aesthetic (granite and appliances) reflect its age, the recent fresh paint and refinished cabinetry elevate the overall quality above the 'fair' category.
The property is elevated above the valley with wrought iron fencing, offering unobstructed views of rolling hills and city lights that are rare at this price point.
The home features premium finishes including walnut hardwood floors, travertine accents, marble countertops, and solid core bamboo doors, reflecting a high level of craftsmanship.
With five bedrooms and a full bedroom and bathroom on the main level, the layout is perfectly suited for multi-generational living or accommodating long-term guests.
Located in Otay Ranch, the property is likely subject to Mello-Roos or special assessments, which can significantly increase the monthly carrying costs for a buyer.
While the interior has been cosmetically refreshed, the 2002 construction suggests that major systems like the roof or HVAC may be approaching the end of their typical lifespan.
The backyard alone will stop most buyers in their tracks. Elevated above the valley with wrought iron view fencing that keeps the sightline completely open, this Otay Ranch home delivers the kind of panoramic vista, rolling hills by day, a soft spread of city lights by night, that usually comes at a significantly higher price point. The bones of the home match the setting. Walnut hardwood floors run through the main and upper levels, with travertine accents adding a natural contrast throughout. A fresh coat of paint throughout the interior and refinished cabinets give the home a clean, updated feel from the moment you walk in. The kitchen opens to a family room anchored by a custom fireplace, and the overall flow is easy and intuitive for everyday living. A full bedroom and bath on the main level handles guests or extended family without disruption to the rest of the house. Upstairs, the primary suite is finished with marble countertops, upgraded fixtures, and a custom built-in wardrobe system in the walk-in closet. Solid core bamboo doors run throughout, the kind of detail that tells you the upgrades here were thoughtful, not cosmetic. Three-car garage, community pool access, and a location close to top Otay Ranch schools, parks, and shopping round out a home that's genuinely move-in ready from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,888 | 2,253 | 81% |
| Lot Size | 7,063 | 4,250 | 82% |
| Price | $1.25M | $999.9K | 86% |
| Price per sq ft | $432 | $445 | 45% |
| Built year | 2002 | 2003 | 42% |
| HOA | $122.0 | $116 | 64% |
| Days on market | 14 | 166 | 3% |
Apr 9, 2026
$1,248,000
Initial Listing
Jan 26, 2010
$479,000
Public Record
Mar 23, 2004
$685,000
Public Record
Dec 19, 2001
$382,000
Public Record