2239 2241 Meadow Lark Drive, San Diego, California 92123, San Diego, 92123 - 5 bed, 3 bath
2239 2241 Meadow Lark Drive
San Diego, California 92123
Property Price
SUMMARY
Analysis of 2239 2241 Meadow Lark Drive, San Diego, California 92123 reveals a Prime Investment Opportunity with a current list price of $1,250,000—significantly undercutting the $1,296,111 Fair Market Value by 3%. This valuation gap indicates a +$46,111 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 2239 2241 Meadow Lark Drive Subject | $1,250,000* List Price | 5 | 3 | 2,046 | $633 | - |
A 8796 Regency Road Sold | $1,200,000 | 4 | 3 | 2,080 | $577 | 0.8 mi |
B 2550 Greyling Dr. Sold | $950,000 | 3 | 2 | 1,778 | $534 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Income Potential & ADU
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.
- Premium Lot & Privacy
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.
CONSRISKS & DEFICIENCIES
- Modest Main Residence Size
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.
- Canyon Lot Maintenance
The large canyon-side acreage may involve higher maintenance requirements and strict adherence to local brush management and fire safety regulations.
About 2239 2241 Meadow Lark Drive
Price cut! 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 14,187 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,046 | 1,486.5 | 86% |
| Lot Size | 14,187 | 6,000 | 94% |
| Price | $1.25M | $1.03M | 90% |
| Price per sq ft | $611 | $673 | 33% |
| Built year | 1997 | 1960 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 170 | 1% |
Pricing History
Listed for Sale
Mar 6, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$1,350,000
Initial Listing