2024 Luzon Lane 5, Chula Vista, California 91915, Chula Vista, 91915 - 3 bed, 4 bath
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Chula Vista, California 91915
This Modern Townhome represents a Prime Investment Opportunity, listed at $795,000—positioned well below the $818,281 Fair Market Value by 2%. This valuation gap provides $23,281 in Instant Equity. With a Mint Condition Rating, this 2021-built property features a versatile floor plan, including a first-floor guest suite and a private balcony with scenic views. Its proximity to the Otay Ranch Town Center ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-walkability lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2024 Luzon Lane 5 Subject | $779,900* List Price | 3 | 4 | 2,139 | $372 | - |
A 1455 Banahaw Way 6 Sold | $670,000 | 3 | 3 | 1,719 | $390 | 0.0 mi |
B 2034 Luzon Ln 3 Sold | $715,000 | 3 | 3 | 1,652 | $433 | 0.0 mi |
C 2035 Element Way Sold | $750,000 | 3 | 4 | 1,915 | $392 | 1.0 mi |
D 1856 Focus Dr Sold | $805,000 | 4 | 4 | 2,037 | $395 | 0.9 mi |
E 1812 Mint Terrace Unit 2 Sold | $725,000 | 4 | 4 | 1,816 | $399 | 1.0 mi |
F 1952 Pavilion Lane Sold | $745,000 | 4 | 4 | 1,819 | $410 | 0.8 mi |
G 1812 Lynx Ter Sold | $920,000 | 3 | 4 | 2,670 | $345 | 1.0 mi |
H 2049 Bravo Loop 5 Sold | $872,000 | 3 | 3 | 2,380 | $366 | 0.8 mi |
I 2095 Bravo Loop 4 Pending | $799,000 List Price | 3 | 2 | 2,185 | $366 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 3 years old and in mint condition. The kitchen features modern cabinetry, quartz countertops, and stainless steel appliances. Bathrooms and systems are nearly new, and the interior shows no signs of wear, meeting the criteria for a move-in ready home with no maintenance required.
The property features a rare first-floor fourth room with a full bathroom, providing an ideal setup for multi-generational living, a guest suite, or a private home office.
Built in 2021, this 2,139 sqft townhome offers contemporary open-concept design and significant square footage that rivals many single-family homes in the area.
Situated within walking distance to Otay Ranch Town Center, the property offers urban convenience paired with resort-style community amenities including pickleball courts and a pool.
The $354 monthly HOA fee adds a significant recurring expense to the carrying cost of the property, which may impact some buyers' monthly budget.
As a condominium/townhome unit, the property involves shared walls and common areas, which may offer less privacy than a detached single-family residence.
1ST FLOOR ROOM AND FULL BATHROOM!!! ENTRY FROM STREET INTO HOME OR...ENTRY UP STAIRS TO HOME! YOUR CHOICE! NO OTHER FLOORPLAN LIKE IT ON THE MARKET NOW! The main living level boasts an open-concept design with a bright kitchen, dining area, and spacious living room, along with a convenient half bath. Step out onto the living room balcony and enjoy views overlooking the Otay Ranch Town Center, where shopping, dining, entertainment, and everyday conveniences are just moments away. Upstairs, retreat to the luxurious primary suite featuring its own private bathroom and personal balcony—perfect for enjoying your morning coffee or unwinding at the end of the day. Two additional bedrooms and a full bathroom complete the upper level. Enjoy community amenities including a sparkling pool, pickleball courts, BBQ areas, playgrounds, parks, & walking paths throughout this highly walkable neighborhood. Commuting is a breeze with easy access to public transportation and the nearby trolley station, connecting you to destinations throughout San Diego County.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.5 |
| Square foot | 2,139 | 1,253.5 |
| Lot Size | - | 53,143.2 |
| Price | $779.9K | $618.9K |
| Price per sq ft | $365 | $468 |
| Built year | 2021 | 2004 |
| HOA | $354.0 | $338 |
| Days on market | 40 | 56 |
Jul 22, 2026
$779,900
$789,900
-1% Price Drop
Initial Listing
Jul 2, 2026
$789,900
$795,000
-1% Price Drop
Initial Listing
Jun 12, 2026
$795,000
Initial Listing
Nov 29, 2021
$480,500
Public Record