2239 2241 Meadow Lark Drive, San Diego, California 92123, San Diego, 92123 - 5 bed, 3 bath
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San Diego, California 92123
This Multi-Unit Residential Property is a High-Potential Investment Opportunity listed at $1,250,000—positioned well below the $1,296,112 Fair Market Value by 3%. This valuation gap provides $46,112 in Instant Equity. Boasting a Move-in Ready Condition, the estate features a main residence plus a permitted 700 SF ADU currently generating $1,800 monthly. Situated on a massive 14,187 SF Canyon Lot with Panoramic Mountain Views and a Wrap-around Deck, it offers rare privacy and income potential. This is an ideal acquisition for Owner-Occupants seeking a mortgage offset or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2239 2241 Meadow Lark Drive Subject | $1,079,900* List Price | 5 | 3 | 2,046 | $600 | - |
A 2550 Greyling Dr. Sold | $950,000 | 3 | 2 | 1,778 | $534 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a main house and a functional 700 SF ADU. While the original structure dates to 1997, the interior shows updates including stainless steel appliances, granite countertops, and contemporary laminate/tile flooring. The addition of the ADU and the overall cleanliness of the living spaces indicate consistent upkeep and minimal deferred maintenance, fitting the criteria for a property that is functional and within its expected system lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14187, living area = 2046.
The property features a 700 SF, 2-bedroom ADU that generates $1,800 in monthly rent, offering a significant mortgage offset or a turnkey solution for multigenerational living.
Situated on a massive 14,187 SF canyon lot at the end of a cul-de-sac, the home provides exceptional privacy and panoramic views of the mountains and valleys from a wrap-around deck.
The main house is relatively compact at 1,346 SF for a 3-bedroom layout, which may feel undersized for families accustomed to more expansive primary living areas.
The large canyon-side acreage may involve higher maintenance requirements and strict adherence to local brush management and fire safety regulations.
Price reduction! Views on the cul-de-sac, with privacy. Welcome to 2239-41 Meadow Lark Drive home in the Birdland neighborhood of Serra Mesa. The main house is 1,346 SF 3BD/2BA and the ADU is 700 SF with 2BD/1BA (rents for $1,800), making it all together 5BD/3BA, 2,046 SF of a living space on a 14,187 SF canyon lot with views. The kitchen and the dining room in the main house are bright with sunlight and with views. The wrap around deck is spacious with incredible views of mountains, canyons and valleys. A nice vegetable garden in the back yard for your own organic needs. Extra single-room office/workspace and extra laundry facility outside the house. The main house and the ADU (with the permits) each have their own washer and dryer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 2,046 | 1,504 | 87% |
| Lot Size | 14,187 | 6,000 | 94% |
| Price | $1.08M | $1.02M | 68% |
| Price per sq ft | $528 | $682 | 10% |
| Built year | 1997 | 1960 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 179 | 11% |
Apr 7, 2026
$1,079,900
$1,100,000
-2% Price Drop
Initial Listing
Mar 24, 2026
$1,100,000
$1,250,000
-12% Price Drop
Initial Listing
Mar 6, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Feb 20, 2026
$1,350,000
Initial Listing