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3476 Reynard Way, San Diego, California 92103, San Diego, 92103 - 3 bed, 2 bath

3476 Reynard Way, San Diego, California 92103 home-pic-0
ACTIVE$1,389,000$1,506/sqft
Est. Value: $1,469,905
5%
BelowEstimate
3476 Reynard Way, San Diego, California 92103
3Beds
2Baths
1,506Sqft
8,748Lot

Price Vs. Estimate

The estimated value ($1,469,904.92) is $80,904.92 (5%) higher than the list price ($1,389,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8748, living area = 1506.
Top Cons:
Age of Original Structure: Despite extensive remodeling, the home was originally built in 1940, which may lead to potential concerns regarding the underlying infrastructure or higher insurance costs compared to newer constructions.

Compared to the nearby listings

Price:$1.39M vs avg $1.79M ($-400,950)25%
Size:1,506 sqft vs avg 1,854.5 sqft25%
Price/sqft:$922 vs avg $95245%

More Insights

Built in 1940 (86 years old).
Condition: This home is move-in ready with significant recent updates, including new luxury vinyl plank flooring, fresh paint, central A/C and heating installed in 2020, newer plumbing, insulation, and a tankless water heater. The kitchen features modern stainless steel appliances, but the tile countertops are a dated element. The bathrooms are remodeled and functional, with one appearing more recently updated than the other. Overall, major systems are within their expected lifespan, and the property requires no immediate renovations, aligning with a 'Good' condition score.
Year Built
1940
Close
-
List price
$1.39M
Original List price
$1.39M
Price/Sqft
$922
HOA
-
Days on market
-
Sold On
-
MLS number
2600517SD
Home ConditionGood
Features
Patio
View-

About this home

Nestled in the desirable Mission Hills neighborhood, this remodeled single-story 3-bedroom, 2-bath home is positioned on a generous 8,748 SF lot. The turnkey residence offers the flexibility to enjoy as a primary home or short-term rental, while the oversized RM-3-7–zoned lot and Complete Communities designation provide attractive ADU and development incentives for investors and developers. Thoughtfully updated throughout, the home features a recent termite clearance, new luxury vinyl plank flooring, fresh interior & exterior paint, central A/C and heating installed in 2020, newer plumbing and insulation, ceiling fans, and a tankless water heater. The well-designed floor plan offers two spacious living areas, including a formal living room and a large family room that flows seamlessly into the open kitchen with breakfast bar & stainless steel appliances. Remodeled bathrooms and a peaceful primary bedroom with serene backyard views further elevate the home’s comfort. Additional highlights include a full-size laundry room with sink, a 1-car garage, and an oversized driveway with parking for up to six vehicles. Both the front and rear yards feature low-maintenance turf & drought-tolerant landscaping. The expansive, private backyard is ideal for entertaining, offering a pergola-covered patio & ample space for outdoor dining, relaxation & gatherings. Ideally located within walking distance to the Mission Hills shopping district and Little Italy, and just minutes from Downtown, the airport & Balboa Park. A versatile property offering comfort, space, and an unbeatable location!

S
Stephanie Jezek
Listing Agent

Nearby schools

8/10
Florence Elementary School
Public,•K-5•0.6mi
5/10
Washington Elementary School
Public,•K-5•1.2mi
8/10
Birney Elementary School
Public,•K-5•1.6mi
8/10
Dewey Elementary School
Public,•K-4•2.2mi
4/10
Carson Elementary School
Public,•K-5•2.4mi
8/10
Grant K-8
Public,•K-8•0.7mi
5/10
Roosevelt International Middle School
Public,•6-8•1.3mi
6/10
Correia Middle School
Public,•7-8•3.6mi
6/10
Dana
Public,•5-6•3.7mi
4/10
Montgomery Middle School
Public,•7-8•13.2mi
7/10
Point Loma High School
Public,•9-12•3.3mi
8/10
Kearny Construction Tech School
Public,•9-12•4.0mi

Price History

Date
Event
Price
01/09/18
Sold
$740,000
Condition Rating
Good
This home is move-in ready with significant recent updates, including new luxury vinyl plank flooring, fresh paint, central A/C and heating installed in 2020, newer plumbing, insulation, and a tankless water heater. The kitchen features modern stainless steel appliances, but the tile countertops are a dated element. The bathrooms are remodeled and functional, with one appearing more recently updated than the other. Overall, major systems are within their expected lifespan, and the property requires no immediate renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8748, living area = 1506.
Prime Location & Accessibility: Nestled in the highly desirable Mission Hills, the property offers exceptional walkability to shopping districts and Little Italy, with quick access to Downtown, the airport, and Balboa Park, enhancing lifestyle and rental appeal.
Significant Development Potential: The oversized 8,748 SF RM-3-7–zoned lot with Complete Communities designation provides attractive ADU and development incentives, offering substantial upside for investors and developers.
Turnkey & Extensively Updated: The home is move-in ready with recent updates including central A/C and heating (2020), new luxury vinyl plank flooring, fresh paint, newer plumbing, insulation, and a tankless water heater, minimizing immediate maintenance for buyers.
Versatile Use & Income Potential: The property offers flexibility for use as a primary residence or a short-term rental, appealing to a broad range of buyers seeking personal enjoyment or investment income.
Excellent Outdoor Living & Parking: An expansive, private backyard with a pergola-covered patio and low-maintenance, drought-tolerant landscaping is perfect for entertaining, complemented by an oversized driveway accommodating up to six vehicles.

Cons

Age of Original Structure: Despite extensive remodeling, the home was originally built in 1940, which may lead to potential concerns regarding the underlying infrastructure or higher insurance costs compared to newer constructions.
Modest Home Size for Lot Potential: The 1,506 sqft home is relatively modest in size for an 8,748 sqft lot with significant development potential, suggesting that the current structure may not fully capitalize on the lot's value without further expansion or redevelopment.
Limited Garage Space: The property features only a 1-car garage, which might be insufficient for buyers requiring more enclosed parking, storage, or workshop space, despite the ample driveway parking.
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