1882 Olamar Way, San Diego, California 92139, San Diego, 92139 - 4 bed, 3 bath
1882 Olamar Way
San Diego, California 92139
Property Price
SUMMARY
Analysis of 1882 Olamar Way, San Diego, California 92139 reveals a property with a current list price of $865,000, which is 3% above the estimated $837,131 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 San Diego 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1882 Olamar Way Subject | $865,000* List Price | 4 | 3 | 2,037 | $411 | - |
A 7439 Carrie Ridge Way Sold | $860,000 | 4 | 4 | 2,048 | $420 | 0.3 mi |
B 1635 Olamar Way Sold | $775,000 | 3 | 2 | 1,566 | $495 | 0.2 mi |
C 2333 Spring Oak Way Sold | $790,000 | 4 | 3 | 1,629 | $485 | 0.3 mi |
D 1984 Manzana Way Sold | $650,000 | 4 | 3 | 1,555 | $418 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1986, making it 39 years old. There is no mention of any significant renovations, especially for the kitchen and bathrooms, which are crucial for a higher score. The exterior image shows a well-maintained but dated appearance. Without interior photos, it's reasonable to assume that major components, including kitchen appliances, fixtures, and potentially HVAC (given the noted lack of a cooling system), are functional but likely outdated in style and efficiency, requiring minor updates or repairs to meet current standards. This aligns with the 'Fair' category criteria for properties built within the last 25 to 40 years with no major renovations since construction, where major components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Layout
The home offers a generous 4-bedroom, 3-bathroom configuration across 2037 sqft, providing ample space for comfort and family living.
- Generous Outdoor Space
A large backyard on a 6098.4 sqft lot provides significant outdoor area for activities, entertaining, or gardening.
- Desirable San Diego Location
Situated in the heart of San Diego, CA, specifically the Paradise Hills area (92139), offering strong market appeal and access to city amenities.
CONSRISKS & DEFICIENCIES
- Lack of Cooling System
The property description highlights a fireplace but makes no mention of a cooling system, which could be a significant drawback during San Diego's warmer months.
- No Scenic Views
The property explicitly states 'View: None,' which may limit its appeal and value compared to homes with desirable San Diego vistas.
- Potential for Updates
Built in 1986, the home is nearly 40 years old, and without specific details on recent major renovations, buyers may anticipate needing updates to systems or aesthetics.
About 1882 Olamar Way
Welcome to this stunning 4-bedroom, 3-bathroom home located in the heart of San Diego, CA. This property boasts a spacious layout with ample room for comfort and convenience. The home features a cozy fireplace, perfect for those cooler evenings, and a large backyard that offers plenty of space for outdoor activities or simply enjoying the beautiful California weather. Additionally, the house is equipped with washer and dryer hookups, adding to the convenience of this wonderful home. With its prime location and impressive amenities, this property provides a perfect blend of comfort and functionality. Don't miss out on the opportunity to make this your new home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,098.4 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Zamorano Elementary School
Grades K-5 • 0.7 mi
Boone Elementary School
Grades K-5 • 0.8 mi
Penn Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 2,037 | 1,578 | 85% |
| Lot Size | 6,098.4 | 6,305.5 | 46% |
| Price | $865.0K | $780.0K | 81% |
| Price per sq ft | $425 | $503 | 23% |
| Built year | 1986 | 1969 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 144 | 162 | 46% |
Pricing History
Listed for Sale
Oct 14, 2025
$865,000
Initial Listing