
El Cajon, California 92019
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $999,999—positioned well below the $1,052,582 Fair Market Value by 4%. This valuation gap offers $52,583 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a modern kitchen and dual-zone HVAC. The 1.12-acre lot includes a Versatile Bonus Studio above the garage, perfect for rental income or a private retreat. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a scenic, move-in ready mountain escape.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2019 Avenida Penasco Subject | $999,999* List Price | 4 | 3 | 2,254 | $467 | - |
A 2019 Avenida Penasco Sold | $750,000 | 3 | 2 | 2,254 | $333 | 0.0 mi |
B 1571 Granite Hills Dr Sold | $1,050,000 | 5 | 2 | 2,240 | $469 | 0.8 mi |
C 525 Calle Encanto Active | $1,299,000 List Price | 4 | 4 | 2,798 | $464 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1959, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen is modern with waterfall quartz countertops, designer tile, and stainless steel appliances. Systems are updated with central HVAC and a primary suite mini-split, and the interior features new flooring, recessed lighting, and updated windows throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48787, living area = 2254.
The property features a studio-style bonus room above the garage equipped with a kitchen and bathroom, providing excellent flexibility for a guest suite, home office, or potential rental income.
Situated on approximately 1.12 acres in the scenic El Cajon hills, the property offers significant privacy and breathtaking mountain views that create a peaceful, retreat-like atmosphere.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2026-05-22. The sold price is $750,000.00.
A significant portion of the 1.12-acre lot is sloped, which limits the amount of usable flat land for traditional backyard activities or additional outdoor structures.
Perched in the scenic hills of El Cajon, 2019 Avenida Penasco offers the kind of privacy and peaceful mountain setting that feels like an escape from everyday life. Set on approximately 1.12 acres near Rancho San Diego, this beautifully upgraded property invites you to slow down, breathe in the fresh air, and enjoy sweeping views of the surrounding hills. The single-story main home features three bedrooms, two bathrooms, and warm, welcoming living spaces enhanced by thoughtful updates throughout. Stainless steel appliances and designer tile accents add style to the kitchen, creating an inviting place to prepare meals, entertain friends, and gather with the people you love. Central air conditioning and forced-air heating provide year-round comfort, while the primary bedroom also features a separate mini-split system for personalized dual-zone temperature control. Above the garage, a studio-style bonus room with a small kitchen and bathroom offers wonderful flexibility. Create a private retreat for guests, a peaceful home office, an art or fitness studio, or additional space tailored to your lifestyle. Step outside and discover a gorgeous backyard made for relaxing, entertaining, and taking in the beautiful natural surroundings. Although much of the expansive property is sloped, the hillside terrain creates exceptional separation and privacy while capturing picturesque mountain views. From quiet mornings overlooking the hills to evenings spent beneath the open sky, this special property offers space, versatility, scenery, and a lifestyle that feels worlds away—yet remains conveniently connected to everything East County has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,254 | 1,609.157 |
| Lot Size | 48,787.199 | 9,601.53 |
| Price | $1000.0K | $869.6K |
| Price per sq ft | $444 | $528 |
| Built year | 1959 | 1970 |
| HOA | $0 | $191 |
| Days on market | 20 | 40 |
Aug 20, 2026
$999,999
Initial Listing
May 22, 2026
$750,000
Public Record