262 Rancho Drive C, Chula Vista, California 91911, Chula Vista, 91911 - 4 bed, 2 bath

262 Rancho Drive C, Chula Vista, California 91911 home-pic-0
ACTIVE$650,000$1,613/sqft
262 Rancho Drive C, Chula Vista, California 91911
4Beds
2Baths
1,613Sqft
1,269Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Energy Independence & Savings: The property boasts an owned solar system and electric appliances, leading to significant utility savings, including recent power bill credits.
Top Cons:
Significant Monthly HOA Dues: The $400 monthly association fee represents a substantial recurring cost that buyers must factor into their budget.

Compared to the nearby listings

Price:$650.0K vs avg $615.5K (+$34,500)57%
Size:1,613 sqft vs avg 1,297 sqft71%
Price/sqft:$403 vs avg $47921%

More Insights

Built in 1977 (49 years old).
Condition: The property, built in 1977, is move-in ready with significant recent updates including owned solar, a newer roof, newer water heater, new carpet upstairs, fresh interior paint, new fencing, and updated appliances. While the kitchen features dated tile countertops and backsplash, and the bathrooms have older tile and light fixtures, these areas are clean and functional. The major systems are well-maintained, and the property does not require immediate renovation, aligning with the 'Good' criteria for a well-maintained home with some updated components, even if not a full modern renovation.
Year Built
1977
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$403
HOA
$400
Days on market
-
Sold On
-
MLS number
2600941SD
Home ConditionGood
Features
ViewNeighborhood

About this home

One of the best value opportunities for a 4 bedroom home in Chula Vista, this townhome checks the boxes that matter most, and it won't last long! Owned solar, a newer roof, newer water heater, new carpet upstairs, fresh interior paint, new fencing, and updated appliances make this home move-in ready from day one. The layout is functional and livable as-is, with opportunity to personalize over time. Whether you want to make cosmetic upgrades, reorganize the space, or simply settle in and enjoy it, the foundation is already here. Big-ticket items are handled, which keeps future costs predictable. With one bedroom and full bathroom downstairs it can be perfect for multigenerational living as well. There is a large, private, fully fenced patio off the living room with a shed for extra storage. Your laundry room and water heater are easily accessed through the patio. All appliances are electric, which complements the owned solar system nicely… So much so that the owner’s have had a $60 credit on their power bill recently! The Rancho Rios community offers an active, outdoor-focused lifestyle with two pools, expansive greenbelts, nearby hiking trails, and even a BMX track just minutes away. It feels open, spacious, and far less dense than many newer developments, while staying in convenient range of local restaurants, and highways for convenience. If you’re looking for a smart purchase with strong fundamentals and upside potential, this home stands out as a rare combination of value, livability, and location in today’s market. Listing Video at 3D Tour URL

J
Jared Harman
Listing Agent

Price History

Date
Event
Price
09/18/00
Sold
$139,000
06/30/06
Sold
$377,000
Condition Rating
Good

The property, built in 1977, is move-in ready with significant recent updates including owned solar, a newer roof, newer water heater, new carpet upstairs, fresh interior paint, new fencing, and updated appliances. While the kitchen features dated tile countertops and backsplash, and the bathrooms have older tile and light fixtures, these areas are clean and functional. The major systems are well-maintained, and the property does not require immediate renovation, aligning with the 'Good' criteria for a well-maintained home with some updated components, even if not a full modern renovation.
Pros & Cons

Pros

Energy Independence & Savings: The property boasts an owned solar system and electric appliances, leading to significant utility savings, including recent power bill credits.
Extensive Recent Renovations: Major updates such as a newer roof, water heater, new carpet, fresh interior paint, new fencing, and updated appliances ensure a move-in ready condition and reduced immediate buyer expenses.
Flexible Multigenerational Layout: A convenient downstairs bedroom and full bathroom provide an ideal setup for multigenerational living or accommodating guests.
Vibrant Community Lifestyle: Residents benefit from Rancho Rios community amenities including two pools, expansive greenbelts, nearby hiking trails, and a BMX track, fostering an active outdoor lifestyle.
Strategic Location & Value Proposition: The home offers a smart purchase opportunity in Chula Vista, combining convenient access to local restaurants and highways with strong fundamentals and upside potential.

Cons

Significant Monthly HOA Dues: The $400 monthly association fee represents a substantial recurring cost that buyers must factor into their budget.
Townhome Living Constraints: As a townhome, the property may entail shared walls, potential noise transfer, and adherence to community rules that could limit individual property modifications.
Original Construction Age: Built in 1977, while many items are updated, the underlying structure's age suggests that some original components or systems may still be present, potentially requiring future attention or upgrades.
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