
San Diego, California 92127
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,073,109 Fair Market Value by 3%. This valuation gap offers $78,109 in Instant Equity for the buyer. Featuring a 3,037 sqft floor plan with an in-ground spa and neighborhood park views, the home maintains a Condition Rating of 3. While cosmetic updates are recommended, the location within the Poway Unified School District ensures long-term stability. This is an ideal acquisition for Owner-Occupants seeking value or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15616 New Park Subject | $1,995,000* List Price | 4 | 3 | 3,037 | $683 | - |
A 8471 Mathis Place Sold | $2,388,000 | 4 | 3 | 3,103 | $770 | 0.4 mi |
B 8320 New Park Ln Sold | $1,629,000 | 3 | 4 | 1,938 | $841 | 0.2 mi |
C 15702 New Park Sold | $1,975,000 | 4 | 3 | 2,465 | $801 | 0.2 mi |
D 8360 Bristol Ridge Lane Sold | $1,765,000 | 4 | 4 | 2,269 | $778 | 0.2 mi |
E 16059 Bedford Hill Sold | $1,950,000 | 4 | 3 | 2,741 | $711 | 0.5 mi |
F 15870 Potomac Ridge Road Sold | $2,000,000 | 4 | 3 | 2,435 | $821 | 0.9 mi |
G 15835 Lesar Pl Sold | $1,625,000 | 4 | 3 | 2,191 | $742 | 0.9 mi |
H 15744 Via Montenero Sold | $1,745,000 | 5 | 3 | 2,415 | $723 | 0.3 mi |
I 15639 Via Montecristo Active | $1,979,000 List Price | 4 | 4 | 2,861 | $692 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the home falls within the 10-20 year range for well-maintained, functional properties. While the interior features original tiled countertops, dated wallpaper, and finishes that the listing suggests updating, the home remains move-in ready with high-quality construction and functional systems.
Situated in the highly desirable Del Sur neighborhood directly across from a park and community pool, the home also benefits from the top-rated Poway Unified School District.
As a former Davidson Communities model home, the residence features superior architectural character, including exposed wood beams, graceful archways, and a spacious 3,037 sqft floor plan.
The property includes a private backyard retreat equipped with an in-ground spa and a tranquil water feature, offering a resort-like experience at home.
The interior requires modernization of flooring, lighting, and finishes, which may necessitate additional immediate capital investment from the buyer to meet current luxury standards.
The property has undergone two significant price reductions within 21 days of listing, which may indicate initial overpricing or a perceived lack of urgency in the current market.
Now offered at $1,995,000—an exceptional value for more than 3,000 square feet in one of Del Sur’s most desirable neighborhoods. Originally built as the Davidson Communities model home for Kensington, this quality-built, light-filled residence offers distinctive architectural character and an outstanding floor plan. Four bedrooms and three full baths include a main-level bedroom and bath, while an upstairs loft provides additional flexibility. Exposed wood beams, graceful archways and plantation shutters add warmth, and the open kitchen and living spaces are ideal for everyday living and entertaining. The expansive primary suite features a fireplace, spa-inspired bath and generous walk-in closet. The private backyard offers an in-ground spa and tranquil water feature. Located directly across from a neighborhood park and community pool, the home also enjoys access to Del Sur’s celebrated parks, trails, resort-style amenities and highly regarded Poway Unified schools. With the size, layout, construction quality and location already in place, a buyer can create something truly special by adding their own style through updates to the flooring, lighting, and select finishes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 3,037 | 1,777.941 |
| Lot Size | 5,406 | 6,474.445 |
| Price | $2.00M | $1.27M |
| Price per sq ft | $657 | $741 |
| Built year | 2006 | 1971 |
| HOA | $220.0 | $184 |
| Days on market | 27 | 40 |
Sep 3, 2026
$1,995,000
$2,100,000
-5% Price Drop
Initial Listing
Aug 25, 2026
$2,100,000
$2,195,000
-4% Price Drop
Initial Listing
Aug 13, 2026
$2,195,000
Initial Listing
Mar 16, 2010
$900,000
Public Record
Jun 15, 2007
$1,039,500
Public Record
Jun 15, 2007
$1,025,000
Public Record