
Chula Vista, California 91911
This Turnkey Condominium represents a Strong Value Opportunity, listed at $569,999—positioned well below the $597,473 Fair Market Value by 4%. This valuation gap provides $27,474 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes a modern kitchen with quartz countertops, new flooring, and three high-efficiency mini-split HVAC units. With a large private patio and proximity to bike trails, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 266 Rancho Drive D Subject 3 bd · 2 ba · 1,228 sqft · $487 | $569,999* List Price | 3 | 2 | 1,228 | $487 | - |
A 270 Rancho Drive A Sold 3 bd · 2 ba · 1,228 sqft · $477 · 0.0 mi | $586,000 | 3 | 2 | 1,228 | $477 | 0.0 mi |
B 1725 Melrose 28 Sold 2 bd · 2 ba · 1,225 sqft · $437 · 0.2 mi | $535,000 | 2 | 2 | 1,225 | $437 | 0.2 mi |
C 1555 Mendocino Drive 145 Sold 3 bd · 2 ba · 1,180 sqft · $486 · 0.9 mi | $574,000 | 3 | 2 | 1,180 | $486 | 0.9 mi |
D 230 Rancho Drive C Sold 3 bd · 2 ba · 1,212 sqft · $494 · 0.2 mi | $599,000 | 3 | 2 | 1,212 | $494 | 0.2 mi |
E 39 Tamarindo Way 1 Sold 3 bd · 2 ba · 1,200 sqft · $492 · 0.9 mi | $590,000 | 3 | 2 | 1,200 | $492 | 0.9 mi |
F 303 Rancho Drive B Sold 3 bd · 2 ba · 1,274 sqft · $451 · 0.1 mi | $575,000 | 3 | 2 | 1,274 | $451 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a recent high-quality renovation (likely <5 years) featuring a modern kitchen with quartz countertops and new cabinets, updated flooring throughout, fresh paint, and a newly installed HVAC system consisting of three mini-split units.
The unit is move-in ready with significant upgrades including new quartz countertops, fresh paint, new carpeting, and three high-efficiency mini-split AC/heat units for optimal climate control.
Ideally situated steps away from a bike ramp park and extensive walking/biking trails, the property also features a large, fully fenced private patio and scenic valley views.
Rare for a condominium, this unit includes two extra-long assigned parking spaces and a spacious three-bedroom floor plan with dedicated laundry and storage space.
The monthly association fee of $400 adds a significant recurring expense to the ownership cost, which may impact the overall budget for some buyers.
Built in 1977, the building may require more frequent maintenance of common areas or shared infrastructure compared to newer developments in the Chula Vista area.
Move in ready, fresh paint, updated with 3- AC/heat Mini Split units for excellent temperature control. New carpet, updated quarts countertops and cabinets. Large fully fenced patio, 2 extra long assigned parking spots. Washer/dryer hookups in laundry/storage room off the patio. This unit is steps way from the bike ramp park, biking/running/walking trails and acres of valley views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,228 | 1,235.534 |
| Lot Size | 871.2 | 59,391.943 |
| Price | $570.0K | $614.7K |
| Price per sq ft | $464 | $477 |
| Built year | 1977 | 2000 |
| HOA | $400.0 | $338 |
| Days on market | 11 | 56 |
Oct 14, 2026
$569,999
Initial Listing
Jan 10, 2020
$330,000
Public Record
Dec 14, 2000
$138,500
Public Record
Apr 9, 1999
$85,000
Public Record