16278 Manor, Vista, California 92084, Vista, 92084 - 4 bed, 2 bath
ACTIVE$999,000
16278 Manor, Vista, California 92084
4Beds
2Baths
1,622Sqft
11,900Lot
Price Vs. Estimate
The estimated value ($767,795.675) is $231,204.325 (23%) lower than the list price ($999,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Price Reduction: The property has undergone a substantial price reduction from $1,150,000 to $999,000, indicating a motivated seller and potential for a competitive acquisition.
Top Cons:
Lack of Desirable Views: The property explicitly states 'view: None,' which can be a significant drawback in a market where scenic views often command a premium and enhance desirability.
Compared to the nearby listings
Price:$999.0K vs avg $950.0K (+$49,000)53%
Size:1,622 sqft vs avg 1,934 sqft35%
Price/sqft:$616 vs avg $51182%
More Insights
Built in 1958 (67 years old).
Condition: Built in 1958, this property is 66 years old. The absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and likely require substantial renovation. While the exterior roof appears to be in decent condition, the cracked driveway indicates deferred maintenance. The listing description, targeting investors and mentioning a 'substantial price reduction,' further implies the property needs considerable work to be brought up to modern standards and maximize its value. Without evidence of recent major renovations, the property likely has major components that are well past their expected lifespan and require rehabilitation.
Year Built
1958
Close
-
List price
$999K
Original List price
$1.15M
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
PW25216656
Home ConditionPoor
Features
View-
About this home
Substantial price reduce to be sold fast!!!!! Investors Great opportunity if you are looking to get a positive cash flow. Great location for this SFR
Condition Rating
Poor
Built in 1958, this property is 66 years old. The absence of interior images, particularly for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and likely require substantial renovation. While the exterior roof appears to be in decent condition, the cracked driveway indicates deferred maintenance. The listing description, targeting investors and mentioning a 'substantial price reduction,' further implies the property needs considerable work to be brought up to modern standards and maximize its value. Without evidence of recent major renovations, the property likely has major components that are well past their expected lifespan and require rehabilitation.
Pros & Cons
Pros
Significant Price Reduction: The property has undergone a substantial price reduction from $1,150,000 to $999,000, indicating a motivated seller and potential for a competitive acquisition.
Strong Investor Opportunity: Explicitly marketed as a 'Great opportunity' for investors looking for 'positive cash flow,' highlighting its potential as an income-generating asset or a flip project.
Generous Lot Size: With a lot size of 11,900 sqft, the property offers ample outdoor space for potential expansion, landscaping, or creating desirable outdoor living areas.
Desirable Location: The listing emphasizes a 'Great location for this SFR,' which is a crucial factor for property value appreciation and rental demand in the Vista area.
Spacious Home Layout: Offering 4 bedrooms and 2 bathrooms across 1622 sqft, the property provides a functional and spacious layout suitable for families or multiple tenants, enhancing its rental appeal.
Cons
Lack of Desirable Views: The property explicitly states 'view: None,' which can be a significant drawback in a market where scenic views often command a premium and enhance desirability.
Older Construction & Potential for Updates: Built in 1958, the home is over 60 years old, suggesting it may require substantial updates to systems (e.g., plumbing, electrical), finishes, and overall modernization to meet current market expectations or maximize rental income.
Implied Renovation Needs: The aggressive pricing strategy ('Substantial price reduce to be sold fast') and investor-centric description strongly suggest the property is not move-in ready and likely requires significant capital investment for renovations or repairs to achieve its full potential.