240 Ledgewood Ln, San Diego, California 92114, San Diego, 92114 - 4 bed, 2 bath
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240 Ledgewood Ln
San Diego, California 92114
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,544Sq Ft
7,500Lot Size
Property Price
LIST PRICE$790,000
EST. MARKET VALUE
$781,207
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $790,000—positioned well below the $790,687 Fair Market Value by 0.09%. Featuring a Condition Rating of 3, the home offers a modernized kitchen with quartz countertops and maple cabinetry, complemented by an extended covered patio on a spacious 7,500 sqft lot. While the 1.5-bath layout presents a functional constraint, the lack of HOA fees enhances long-term affordability. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers.
Estimated Market Value
$781,207
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Ledgewood Ln Subject | $790,000* List Price | 4 | 2 | 1,544 | $506 | - |
A 6926 Bullock Drive Sold | $810,000 | 4 | 2 | 1,349 | $600 | 0.8 mi |
B 7447 Cahill Dr Sold | $750,000 | 5 | 3 | 1,820 | $412 | 0.9 mi |
C 7112 Skyline Drive Sold | $790,000 | 4 | 2 | 1,649 | $479 | 0.7 mi |
D 1850 Paradise Hills Road Sold | $807,000 | 4 | 2 | 1,559 | $518 | 0.6 mi |
E 8034 Skyline Dr Sold | $895,000 | 4 | 3 | 1,762 | $508 | 0.6 mi |
F 7346 Hightree Sold | $800,000 | 3 | 2 | 1,281 | $625 | 0.2 mi |
G 665 S Siena St Sold | $840,000 | 4 | 2 | 1,475 | $569 | 0.6 mi |
H 394 Coralwood Dr Active | $775,000 List Price | 3 | 2 | 1,361 | $569 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1961, the property features a modern kitchen renovation with quartz countertops, maple cabinetry, and stainless steel appliances. The interior shows updated flooring and paint, and the exterior is well-maintained with extensive hardscaping, placing it in the 5-15 year renovation category.
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 = 7500, living area = 1544.
- Modernized Kitchen
The home features a high-end kitchen renovation with quartz countertops, stainless steel appliances, and maple cabinetry, offering immediate value and contemporary style.
- Outdoor Living & Lot Size
Situated on a generous 7,500 sqft lot, the property includes an extended covered patio and professional hardscaping, perfect for Southern California indoor-outdoor living.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With 4 bedrooms but only 1.5 bathrooms, the home may present a functional challenge for larger families or guests, potentially requiring future renovation to add a full second bath.
- Average School Ratings
Local school ratings range from 4 to 6, which may be a consideration for families prioritizing high-performing educational districts.
About 240 Ledgewood Ln
Welcome to your charming address: 240 Ledgewood Lane! Notice tree-line streets and lush landscaping greeting you! This showcase home features 4 generous bedrooms, 1.5 baths, a massive gathering space, and spacious layout for your family and guests to enjoy! Prepare gourmet meals in a modern kitchen, adorned with quartz countertops, stainless steel appliances, and a rich blended maple cabinetry throughout. Expand your living area into the immaculate outdoors starting with an extended covered patio and lots of desirable hardscape. With NO HOA and phenomenal location, there are so many qualities for this to be your forever home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Boone Elementary School
Grades K-5 • 0.2 mi
4/10
Freese Elementary School
Grades K-5 • 0.6 mi
6/10
Bell Middle School
Grades 6-8 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,544 | 1,777.941 |
| Lot Size | 7,500 | 6,474.445 |
| Price | $790.0K | $1.27M |
| Price per sq ft | $512 | $741 |
| Built year | 1961 | 1971 |
| HOA | $0 | $184 |
| Days on market | 34 | 40 |
Pricing History
Listed for Sale
Aug 6, 2026
$790,000
Initial Listing
Sold
Sep 23, 2002
$254,000
Public Record
Sold
Jul 30, 1999
$147,000
Public Record
Sold
Jul 31, 1996
$130,000
Public Record