16561 Martincoit Road, Poway, California 92064, Poway, 92064 - 3 bed, 2 bath
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Poway, California 92064
This Value-Add Investment Asset is listed at $1,299,000, located in the prestigious Green Valley neighborhood. With a Fair Market Value of $1,097,514, the valuation reflects the property's exceptional 0.75-acre lot and scenic mountain views. The home currently holds a Condition Rating of 5, requiring a comprehensive renovation to meet modern standards. Situated within the elite Poway Unified School District near top-rated Painted Rock Elementary, the site offers substantial potential for forced appreciation through redevelopment. This project is ideally suited for Fix-and-Flip Investors or Contractors looking to build equity in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16561 Martincoit Road Subject | $1,299,000* List Price | 3 | 2 | 1,784 | $615 | - |
A 13614 Willow Run Road Sold | $1,300,000 | 4 | 2 | 2,030 | $640 | 0.3 mi |
B 16956 Cloudcroft Dr Sold | $1,230,000 | 3 | 2 | 1,856 | $663 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in original 1960s condition and has not been updated since it was built 59 years ago. According to the listing and images, it requires a comprehensive interior and exterior renovation. All major systems, including the kitchen, bathrooms, and infrastructure, are dated and require substantial rehabilitation to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34412, living area = 1784.
Elementary School: Painted Rock Elementary School (9/10).
Situated on over 0.75 acres in the prestigious Green Valley neighborhood, this property offers rare and significant space for expansion, an ADU, or a custom outdoor oasis.
The home is in original 1960s condition and requires a comprehensive interior and exterior renovation, necessitating a substantial additional capital investment.
Given the property's age and long-term single-family ownership, major systems and utilities likely require significant updates to meet modern building standards.
A rare investment opportunity in the highly desirable Green Valley neighborhood! This property is on the market for the very first time, having been lovingly held by the same family since the 1960s. Situated on just over ¾ of an acre, offering 3 bedrooms, 2 full bathrooms, a dedicated laundry room, and a spacious backyard with a great deal of potential. Wonderful neighborhood, location and opportunity for a full renovation both inside and out. Located in sought after Poway Unified School District, just up the street from Painted Rock Elementary School.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,784 | 2,210 | 35% |
| Lot Size | - | 9,740.5 | 20% |
| Price | $1.30M | $1.37M | 46% |
| Price per sq ft | $728 | $642 | 78% |
| Built year | 1965 | 1976 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 139 | 7% |
Apr 15, 2026
$1,299,000
Initial Listing
Nov 30, 1994
$250,000
Public Record