
El Cajon, California 92019
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $724,900—positioned well below the $752,562 Fair Market Value by 3%. This valuation gap offers $27,662 in Instant Equity. Featuring a 2023 Permitted Addition and a Condition Rating of 3, the home offers a modern primary suite alongside original elements ready for personalization. With a 9,468 sq. ft. lot and Wraparound Deck, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Spacious 4-bed home in El Cajon with 2023 addition, mountain views, and large lot. Priced below market value with instant equity potential. Perfect for buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 Patrick Drive Subject | $724,900* List Price | 4 | 2 | 1,555 | $484 | - |
A 933 Silverbrook Drive Sold | $710,000 | 3 | 2 | 1,446 | $491 | 0.9 mi |
B 250 Editha Drive Sold | $750,000 | 4 | 3 | 1,362 | $551 | 0.2 mi |
C 707 Silverbrook Active | $579,000 List Price | 2 | 1 | 960 | $603 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a hybrid of a 2005 rebuild and a substantial 2023 permitted addition. While the new primary suite and bathroom are in excellent condition, the original kitchen and second bath are approximately 19 years old and described as needing updates. The home is well-maintained, functional, and move-in ready, fitting the 10-20 year age bracket for the original structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9468, living area = 1555.
A substantial 787-square-foot addition completed in 2023 nearly doubled the living space, providing a modern primary suite and a versatile bonus room with a separate entrance.
The fully fenced 9,468 sq. ft. lot offers rare and ample off-street parking suitable for multiple vehicles, an RV, and a boat, catering to outdoor enthusiasts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The kitchen and original bathroom require modernization and updates to align with the quality of the newer 2023 addition.
Situated in a canyon with a history of wildfires, the property may face higher insurance premiums and requires ongoing vegetation management for fire safety.
Tucked into the natural beauty and character of Harbison Canyon, 223 Patrick Dr offers space, flexibility, and a peaceful setting just outside the city. Rebuilt after the 2003 Cedar Fire, the home was then substantially expanded in 2023 with a permitted addition of approximately 787 square feet, bringing the total living area to approximately 1,555 square feet. The expansion added a spacious primary suite with a large walk-in closet, a second full bathroom, indoor laundry, a versatile bonus room ideal for a home office or guest space, and a separate entrance. The result is a flexible 3-bedroom, 2-bath floor plan that can adapt to the next owner's needs. At the heart of the home, a bright living room with vaulted ceilings is anchored by a stacked-stone wood-burning stove, bringing warmth and character to the space. The adjoining eat-in kitchen features oak cabinetry, plentiful natural light, and windows overlooking the surrounding landscape. The kitchen and original bath offer opportunities to update and personalize over time. Outside, this property really shines. Situated on a fully fenced 9,468 sq. ft. lot, which provides ample off-street parking for multiple vehicles, an RV, a boat, and recreational toys. A wraparound deck takes advantage of the surrounding canyon and hillside views, while mature shade trees, open yard space, and low-maintenance landscaping create plenty of room to enjoy the outdoors. In this peaceful setting, the property offers space, flexibility, parking, and a rare opportunity in San Diego County.
No exterior & parking available.
Grades 9-12 • 5.5 mi
Grades 9-12 • 8.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,555 | 1,609.157 |
| Lot Size | 9,468 | 9,601.53 |
| Price | $724.9K | $869.6K |
| Price per sq ft | $466 | $528 |
| Built year | 2005 | 1970 |
| HOA | $0 | $191 |
| Days on market | 15 | 40 |
Aug 25, 2026
$724,900
Initial Listing
Jun 23, 2000
$143,000
Public Record