
San Diego, California 92128
This Renovated Italian Villa is a Strong Value Opportunity, listed at $675,000—positioned well below the $710,807 Fair Market Value by 5%. This valuation gap offers $35,807 in Instant Equity. The property holds an Excellent Condition Rating after $65,000 in high-end improvements, including a remodeled kitchen and panoramic mountain views of Lake Hodges. Located in the premier Oaks North 55+ community near Del Norte High School, it pairs lifestyle luxury with investment stability. This is a perfect fit for Owner-Occupants or Active Seniors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17337 Plaza Maria Subject | $675,000* List Price | 2 | 2 | 1,431 | $497 | - |
A 17482 Plaza Animado 155 Sold | $645,000 | 2 | 2 | 1,431 | $451 | 0.2 mi |
B 17484 Plaza Del Curtidor 180 Sold | $722,000 | 2 | 2 | 1,432 | $504 | 0.2 mi |
C 17357 Plaza Maria Sold | $695,000 | 2 | 2 | 1,305 | $533 | 0.1 mi |
D 17473 Plaza Abierto 30 Sold | $687,500 | 3 | 2 | 1,455 | $473 | 0.3 mi |
E 16566 Caminito Vencinos Sold | $610,000 | 2 | 2 | 1,138 | $536 | 0.9 mi |
F 12450 Meandro Road Sold | $689,900 | 2 | 2 | 1,358 | $508 | 0.9 mi |
G 16667 Diaz Dr Active | $699,999 List Price | 2 | 2 | 1,358 | $515 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone an extensive $65,000 renovation within the last 5 years. This includes a complete remodel of the kitchen and bathrooms with modern cabinetry, stone countertops, and custom pebble flooring. The home features new stainless steel appliances, LVP flooring throughout, a new HVAC system, and new double-pane windows, meeting the criteria for a fully renovated property with no deferred maintenance.
Elementary School: Stone Ranch Elementary School (9/10). High School: Del Norte High School (10/10).
The property features $65,000 in high-end custom improvements, including a fully remodeled kitchen and bathrooms, new HVAC, LVP flooring, and double-pane windows, offering a turnkey living experience.
Boasting a westward-facing orientation, the home provides stunning views of the Cuyamaca Mountains and Lake Hodges, creating a unique aesthetic reminiscent of the Tuscan countryside.
As a 55+ senior living development, the property is restricted to a specific demographic, which limits the potential pool of buyers and may impact long-term resale velocity.
The combined monthly condo fee of $530 and annual clubhouse fee represent a significant recurring expense that may be a concern for buyers on a fixed income.
The Italian Villa at 17337 Plaza Maria has a one of a kind westward facing view of the Cuyamaca Mountains surrounding Lake Hodges that is reminiscent of a view in Tuscany. Vaulted ceilings and $65,000 in custom improvements include complete renovation of the kitchen & bathrooms, new double pane windows & zebra window coverings, new water pressure regulator valve, soft water system, new appliances, LVP flooring throughout & custom pebble rock entry and master bath floors, custom fixtures, ceiling fans & accents, new HVAC system, and more. Detailed list of renovation and improvement costs available on request. Oaks North is a wonderfully welcoming and well-managed 55+ community with HOAs that keep the clubhouse and the grounds in excellent condition. Clubhouse HOA annual fee of $500 includes unlimited use of pool, spa, sauna, tennis & pickleball courts, lawn bowling, ceramics studio, billiard & fitness rooms, and library. Monthly condo HOA fee of $530 includes internet, cable, water, sewage, trash, and immaculate maintenance of grounds. Walkable distance to Bernardo Winery , Manzanita Roastery/Coffee, Icarus Creative Arts, Talavera Art and Pottery, Rancho Bernardo Farmers Market, The Salon At The Vineyard hair salon, and more. Come, enjoy a glass of wine on the balcony and experience all the Italian Villa has to offer!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,431 | 1,209 | 80% |
| Lot Size | - | - | 50% |
| Price | $675.0K | $630.0K | 58% |
| Price per sq ft | $472 | $542 | 21% |
| Built year | 1973 | 1986 | 15% |
| HOA | $530.0 | $495 | 62% |
| Days on market | 33 | 161 | 5% |
Mar 20, 2026
$675,000
Initial Listing
Apr 23, 2024
$675,000
Public Record
May 26, 2017
$375,000
Public Record
Jul 21, 2009
$260,000
Public Record