
Spring Valley, California 91977
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $599,900—positioned slightly above the $588,215 Fair Market Value. While the property lacks an immediate equity gap, it offers a Condition Rating of 4, providing a clear path for value-add through cosmetic modernization. Key assets include a Paid-Off Solar System, a Gated Community location, and a Large 26,571 sqft Lot. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term value in a secure, well-maintained environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2698 Valencia Subject | $599,900* List Price | 3 | 3 | 1,258 | $469 | - |
A 9148 Ivy Lane Sold | $496,000 | 1 | 1 | 951 | $522 | 0.6 mi |
B 3143 Lamar Ct Pending | $697,000 List Price | 3 | 3 | 1,476 | $472 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (33 years old), the property falls into the dated category with original 90s-style bathroom fixtures and unfinished-looking utility areas. While the addition of a paid solar system is an excellent functional upgrade and the home is described as well-maintained, the interior requires cosmetic modernization and minor repairs to walls and flooring to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26571, living area = 1258.
The property includes a fully owned solar system, providing the new owner with immediate energy efficiency and significant long-term savings on electricity costs.
Rarely found within the community, this home offers direct access from both the public street and the gated entrance, enhancing privacy and convenience for residents and guests.
At approximately 1,258 square feet for a three-bedroom home, the interior living space may feel somewhat restrictive for larger families or those requiring expansive common areas.
The majority of the assigned local schools have lower performance ratings, which could be a drawback for education-focused buyers and potentially impact future resale value.
Welcome to 2698 Valencia Canyon, a highly desirable home ideally situated at the entrance of a gated community in Spring Valley. This well-maintained 3-bedroom, 2.5-bath residence offers approximately 1,258 square feet of comfortable living space, combining convenience, privacy, and energy efficiency. One of the standout features is the fully paid-off solar system, providing significant savings on electricity costs and long-term value for the new owner. The home also enjoys the rare advantage of direct access from both the public street and the gated community, making it convenient for residents and guests alike. Inside, you’ll find a bright and inviting floor plan with soaring ceilings, abundant natural light, spacious living and dining areas, and a functional layout designed for everyday living and entertaining. The primary suite offers a private retreat with an en-suite bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office. The attached two-car garage provides direct access and ample storage space. With convenient access from both the street and the gated community entrance, the property offers added privacy, increased natural light, and a more open feel rarely found within the community. Conveniently located near shopping, dining, parks, schools, and major commuter routes, this home is an excellent opportunity for first-time buyers, families, or investors. Gated community • Paid solar • Attached 2-car garage • Dual access location
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.2 mi
Grades K-3 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,258 | 1,654 |
| Lot Size | 26,571.6 | 6,534 |
| Price | $599.9K | $814.2K |
| Price per sq ft | $477 | $514 |
| Built year | 1993 | 1970 |
| HOA | $314.0 | $210 |
| Days on market | 37 | 42 |
Jun 15, 2026
$599,900
Initial Listing
Mar 10, 2006
$383,500
Public Record
Nov 18, 1994
$139,000
Public Record