
San Diego, California 92154
This High-Capacity Value-Add Asset is listed at $1,050,000, reflecting the rare scale of this property relative to its $972,974 Fair Market Value. Boasting an expansive 3,047 square feet with 6 bedrooms and 3 master suites, the home offers significant untapped potential for modernization. With a Condition Rating of 4, the 1968 infrastructure provides a solid canvas for a custom transformation in the Otay Mesa area. Featuring Park and Hill Views and a private patio, this is a strategic acquisition for Multi-Generational Families or Value-Add Investors seeking to force appreciation through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2862 Barbour Dr Subject | $1,050,000* List Price | 6 | 4 | 3,047 | $319 | - |
A 935 Caleb Ct Sold | $890,000 | 6 | 4 | 2,400 | $371 | 0.8 mi |
B 2862 Coronado Avenue Sold | $749,000 | 4 | 2 | 2,038 | $368 | 0.3 mi |
C 866 Churrituck Dr Pending | $850,000 List Price | 5 | 3 | 2,983 | $285 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is habitable but requires significant modernization. While it features some recent cosmetic touches like fresh white paint and dark laminate or coated flooring, the kitchen is very basic with dated black appliances and minimal cabinetry. One bathroom shows a modern subway tile update, yet remains adjacent to an older garden tub, indicating inconsistent renovation quality. The listing description itself highlights 'untapped potential' and the need for customization, confirming that while the home is maintained, its major systems and aesthetic features are aged and show signs of being outdated.
Boasting over 3,000 square feet with 6 bedrooms and 4 bathrooms, this property offers rare scale and versatility for large or multi-generational families.
The unique floor plan features three master suites, providing exceptional privacy and convenience that is difficult to find in standard residential layouts.
Ideally situated in the South Bay with easy access to freeways, parks, and shopping, making it a prime spot for commuters and active households.
Marketed as having 'untapped potential,' the home requires substantial cosmetic and structural updates to transform it into a modern living space.
Built in 1968, the property likely requires investment in aging systems and energy efficiency upgrades to meet current building standards.
Opportunity awaits at 2862 Barbour Drive in San Diego! Tucked away in the South Bay, this 6 bedroom, 4 bath home offers 3 master suites and over 3,000 sq ft of untapped potential. The exterior is designed for easy living, featuring low-maintenance front and back yards perfect for enjoying San Diego's year round sunshine, entertaining, or relaxing with family and friends. The spacious lot provides great outdoor potential for gatherings, or simply unwinding in your private backyard retreat. Conveniently located near Parks, Shopping and Dining with easy access to nearby freeways for commuting. The price reflects an incredible opportunity for buyers looking to customize and add value in a desirable South Bay location. Don't miss your chance to transform this mini castle into the perfect home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,047 | 1,566 | 99% |
| Lot Size | - | 5,272 | 18% |
| Price | $1.05M | $800.0K | 92% |
| Price per sq ft | $345 | $505 | 3% |
| Built year | 1968 | 1973 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 147 | 3% |
Apr 10, 2026
$1,050,000
Initial Listing
Feb 26, 2010
$365,000
Public Record
Mar 28, 2006
$595,000
Public Record