
Bonita, California 91902
This Single-Family Residence represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,077,719 Fair Market Value by -6%. Featuring a Good Condition Rating with recent cosmetic remodels, this property offers an expansive 1-acre lot with Panoramic Canyon Views and significant Development Potential for up to four additional homes. Located in the Bonita Unified School District, this asset balances immediate rental income potential with long-term land appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Developers seeking a versatile, high-utility parcel.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3875 Grandview Subject | $1,125,000* List Price | 3 | 2 | 1,328 | $798 | - |
A 3048 Bonita Mesa Road Pending | $825,000 List Price | 3 | 1 | 1,187 | $695 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready following a recent tasteful remodel that includes new wide-plank flooring, fresh interior paint, recessed lighting, and updated ceiling fans. While the 1953 structure retains some older elements such as tile countertops and traditional cabinetry, the kitchen features updated appliances and the bathrooms appear well-maintained. The home meets the 'good' criteria as it has undergone significant recent cosmetic updates and requires no immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1328.
The expansive, flat one-acre lot offers a rare opportunity to subdivide and build up to four additional single-family homes, providing massive upside for developers or investors.
A recent tasteful remodel featuring new flooring, updated electrical outlets, and modern fixtures allows for immediate occupancy or rental income without the need for initial repairs.
With only 1,328 square feet of living space, the existing home is relatively small for the price point, which may deter buyers looking for a larger primary residence.
Built in 1953, the property may have aging underlying infrastructure and systems that require more maintenance than a modern build, despite the recent cosmetic renovations.
Welcome to 3875 Grandview Place, a rare find in Bonita offering both present-day comfort and extraordinary future potential. Nestled at the end of a quiet cul-de-sac, this property spans a flat, usable acre with sweeping views — a true blank canvas for homeowners, builders, or developers. The existing single-level ranch home features approx. 1,328 sq. ft., with 3 bedrooms, 2 bathrooms, a spacious living room with wood-burning fireplace, dining room, and efficient kitchen. Since originally listed, the home has undergone a tasteful remodel including new flooring, updated outlets, ceiling fans, and additional modern improvements throughout, giving the home a fresh and updated feel. It is now move-in ready, easily rentable for immediate income, or ready to be transformed as part of a larger vision. What sets this property apart is the land value and development opportunity. With its level terrain and favorable zoning, the lot presents the possibility to build up to four additional single-family homes (buyer to verify with county/city). Whether you imagine creating a multi-home family compound, adding income-producing rentals, or pursuing a subdivision for resale, this parcel delivers unmatched versatility. Property Highlights: expansive 1-acre lot, rare in Bonita, with flat usable space, tastefully remodeled home with new flooring, outlets, ceiling fans & more, move-in ready with strong rental potential, potential to develop up to 4 additional homes (buyer to verify).
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 3.3 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 24% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,328 | 2,279 | 2% |
| Lot Size | 43,560 | 12,259.5 | 96% |
| Price | $1.12M | $1.24M | 24% |
| Price per sq ft | $847 | $561 | 98% |
| Built year | 1953 | 1975 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 120 | 28% |
Jun 8, 2026
$1,125,000
$1,150,000
-2% Price Drop
Initial Listing
May 16, 2026
$1,150,000
$1,195,000
-4% Price Drop
Initial Listing
Apr 2, 2026
$1,195,000
Initial Listing
Feb 5, 2025
$950,000
Public Record
Apr 18, 2012
$225,000
Public Record