
San Diego, California 92122
This Expansive University City Estate is a Strong Value Opportunity, listed at $2,699,000—positioned well below the $2,886,332 Fair Market Value by 6%. This valuation gap provides $187,332 in Instant Equity. Boasting a Condition Rating of 2, the home features a high-end chef's kitchen, panoramic Rose Canyon views, and a rare heated 4-car garage. With a massive 26,687 sqft lot and ADU potential, it balances luxury living with significant appreciation potential. This is an ideal sanctuary for Owner-Occupants or multi-generational families seeking a turnkey coastal lifestyle.
Property is new construction or fully renovated.
The property features a high-end chef's kitchen with top-tier appliances, updated bathrooms with heated floors, and modern systems including solar and tankless water heaters. Despite the 1970 build date, the home has undergone a comprehensive, high-quality renovation within the last 5 years, leaving it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26687, living area = 3349.
Situated on three lots totaling over 26,000 sqft, this property offers rare scale for University City, providing ample space for RV parking and significant potential for ADU development.
The home features breathtaking, unobstructed views of Rose Canyon from nearly every room and extensive wrap-around decks, creating a premium indoor-outdoor living experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26687, other record lot size in square feet = 13387.
Originally constructed in 1970, the home may require ongoing maintenance or further modernization of core structural systems despite the high-end interior renovations.
Listed at nearly $2.7 million, the property is priced at the high end for the University City area, which may limit the pool of qualified buyers to those specifically seeking a large-lot estate.
The Ultimate Canyon-Rim Estate | 0.61 Acres | ADU Potential Rarely available 0.61-acre compound (situated on 3 lots) in the heart of University City. This meticulously updated estate offers unobstructed, panoramic Rose Canyon views and unmatched privacy at the end of a quiet cul-de-sac.The versatile 3,349 sq. ft. floor plan features a chef's kitchen, three main-level bedrooms, and a massive second-story primary retreat with a spa-like bath and private view balcony. High-velocity upgrades include owned solar, energy-efficient windows, and tankless water heaters. Outdoor enthusiasts will love the wrap-around decks, sunset hot tub, and the massive 4-car heated garage with 10ft ceilings—plus parking for 10+ vehicles/RV. With significant ADU potential and proximity to UTC, UCSD, and top-rated schools, this is the crown jewel of 92122. Expansion Potential: Triple-lot footprint—ideal for a detached ADU or luxury pool. Modern Utility: Owned Solar and 10+ parking spaces. Prime Locale: Minutes to La Jolla beaches and the Golden Triangle biotech hub. Move-in Ready: Turnkey luxury with high-end finishes and panoramic scenery.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,349 | 1,777 |
| Lot Size | 26,687 | 6,600 |
| Price | $2.70M | $1.24M |
| Price per sq ft | $806 | $743 |
| Built year | 1970 | 1972 |
| HOA | $0 | $200 |
| Days on market | 96 | 39 |
Apr 17, 2026
$2,699,000
Initial Listing
Jul 9, 2021
$2,030,000
Public Record
May 29, 2015
$1,127,000
Public Record
Jun 29, 2000
$222,000
Public Record