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370 Gateway Drive, El Cajon, California 92020, El Cajon, 92020 - 3 bed, 3 bath

370 Gateway Drive, El Cajon, California 92020 home-pic-0
ACTIVE$644,990
370 Gateway Drive, El Cajon, California 92020
3Beds
3Baths
1,448Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2024, this townhome features a contemporary open-concept floor plan with 9-ft ceilings, a well-appointed kitchen with a center island, Samsung appliances, and granite countertops.
Top Cons:
Monthly Association Fees: The property incurs a monthly association fee of $288.00, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$645.0K vs avg $645.0K (+$0)50%
Size:1,448 sqft vs avg 1,448 sqft50%
Price/sqft:$445 vs avg $44153%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. The description highlights an expansive kitchen with Samsung® appliances and granite countertops, en suite baths in all bedrooms, 9-ft ceilings, and a solar system. All components are new, meeting current quality standards with no deferred maintenance. The exterior image also depicts a modern, newly built townhome community. While interior images are not provided, the detailed description of new features strongly supports an 'excellent' condition rating.
Year Built
2024
Close
-
List price
$645K
Original List price
$652K
Price/Sqft
$445
HOA
$288
Days on market
-
Sold On
-
MLS number
NDP2507870
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

A vibrant community with pool, cabanas, patios and balconies to create an indoor/outdoor living space in San Diego County. Our community is gated at both entrances. This spacious townhome features an open concept floor plan with 9-ft height ceilings throughout. First floor downstairs bedroom and full bath. The expansive kitchen has a center island, pantry and Samsung® appliances. Solar System 8 panel included in the price. Outstanding Plan Features (includes Design Studio Consultation): • Convenient third-floor laundry room • En suite bath at all bedrooms • White rocker light switches • Granite kitchen countertops • Balcony off Great Room • Solar Energy Efficiency Outstanding Amenities: • Gated Community with Community Pool • Twenty-two guest parking spaces Commuter Points of Interest: • Access to I-8, Hwy. 67 and I-125 • Short drive to Sharp Grossmont Hospital • Near San Diego State University, University of San Diego and Cuyamaca College • Only a 10-minute drive to downtown San Diego and the Mexican border

Condition Rating
Excellent
This property was built in 2024, making it brand new construction. The description highlights an expansive kitchen with Samsung® appliances and granite countertops, en suite baths in all bedrooms, 9-ft ceilings, and a solar system. All components are new, meeting current quality standards with no deferred maintenance. The exterior image also depicts a modern, newly built townhome community. While interior images are not provided, the detailed description of new features strongly supports an 'excellent' condition rating.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2024, this townhome features a contemporary open-concept floor plan with 9-ft ceilings, a well-appointed kitchen with a center island, Samsung appliances, and granite countertops.
Gated Community with Amenities: The property is situated within a secure, gated community offering a swimming pool, cabanas, and ample guest parking, enhancing lifestyle and convenience.
Energy Efficiency: An included 8-panel solar system provides significant energy efficiency, contributing to lower utility costs and environmental benefits.
Versatile & Functional Layout: The floor plan includes a convenient downstairs bedroom with a full bath, en-suite bathrooms for all bedrooms, and a third-floor laundry room, offering flexibility and privacy.
Strategic Commuter Location: Excellent access to major freeways (I-8, Hwy 67, I-125), proximity to Sharp Grossmont Hospital, multiple universities, and a short drive to downtown San Diego.

Cons

Monthly Association Fees: The property incurs a monthly association fee of $288.00, which adds to the recurring cost of homeownership.
Recent Price Reductions: Multiple price reductions from the original list price suggest potential market resistance or an initial overvaluation, which could impact perceived value.
Standard Neighborhood View: The property offers a 'Neighborhood' view, which is less desirable compared to premium views such as city, mountain, or water vistas.

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