
Poway, California 92064
Analysis of 16320 Ellie Lane, Poway, California 92064 is currently available with a list price of $1,125,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Poway Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2005 (19 years old), the property is described as a 'diamond in the rough' with the existing structure needing completion to serve as an ADU. While it features updated systems like a 40-panel solar array and central A/C, the overall description and lack of finished interior photos suggest the residence is dated or unfinished and requires repairs to be fully functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 121968, living area = 1100.
This unique 2.8-acre lot offers a rare 'value-add' opportunity to build a primary luxury residence on an upper panoramic lot with utilities already in place, while utilizing the existing structure as a 1,100 sqft ADU or rental unit.
The property is equipped with a 40-panel paid solar system and a recently serviced deep well with a large holding tank, providing significant long-term utility savings and self-sufficiency.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 912. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Marketed as a 'diamond in the rough,' the existing 1,100 sqft residence requires completion and upgrades, which will necessitate immediate additional capital investment beyond the purchase price.
Maximizing the property's value requires managing a dual-phase construction project (finishing the ADU and building a new home), which may be a deterrent for buyers seeking a move-in-ready experience.
Diamond in the rough w/incredible upside & view potential. Motivated Seller! Situated by Ellie Lane Trailhead on approx 2.8 acres, this unique property offers rare opportunity to build your dream home on upper panoramic view lot, which already has water, septic, and electricity to the Lot; while completing the existing residence into 3bed, 2bath ADU ~1,100 sqft Ideal setup to live in the ADU during construction, then convert to rental income, guest house, or multigenerational living. Features paid solar (40 panels), recently serviced deep well, large holding tank, central A/C, duel septic tank, & horse property, Zoning RR-A Rural Residential A. Peaceful setting w/expansive views, hiking trails, & endless potential. A true value-add opportunity in a desirable Poway location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,100 | 2,253 |
| Lot Size | 121,968 | 11,077.2 |
| Price | $1.12M | $1.41M |
| Price per sq ft | $1.0K | $644 |
| Built year | 2005 | 1976 |
| HOA | $0 | $115 |
| Days on market | 72 | 39 |
Jun 30, 2026
$1,125,000
$1,150,000
-2% Price Drop
Initial Listing
May 11, 2026
$1,150,000
Initial Listing
Mar 3, 2025
$757,500
Public Record
Feb 18, 2025
$540,000
Public Record
Feb 2, 2018
$540,000
Public Record
Feb 19, 2014
$380,000
Public Record