4500 Villas Drive, Bonita, California 91902, Bonita, 91902 - 3 bed, 2 bath
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4500 Villas Drive
Bonita, California 91902
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,756Sq Ft
6.07Lot Size
Property Price
LIST PRICE$760,000
EST. MARKET VALUE
$648,577
17% AboveMARKET VALUE
SUMMARY
This Spacious 3-Bedroom Condominium represents a High-Potential Investment Opportunity, listed at $760,000—positioned well above the $648,578 Fair Market Value by -17%. While requiring cosmetic updates to improve its Condition Rating of 4, the unit offers significant upside through its 1,756 sqft layout, private patio, and access to top-rated schools like Bonita Vista Senior High. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic modernization in a prime Bonita location.
Estimated Market Value
$648,577
Based on Realkey algorithm analyzing recent comparable sales in Bonita.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987, this property is over 30 years old and shows dated interior features such as popcorn ceilings and original-style cabinetry. While the kitchen has received a partial update with granite countertops and a newer faucet, the listing description explicitly suggests a need to 'spruce it up,' indicating it requires cosmetic repairs and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
At 1,756 square feet, this three-bedroom condo offers an exceptionally spacious open layout featuring a fireplace and wet bar, providing significantly more interior volume than typical units in this price range.
- Prime Location and Schools
The property is ideally situated near local golf courses and parks, and benefits from being within the boundaries of highly-rated schools, including Bonita Vista Senior High.
- Private Outdoor Living
Unlike many condominiums, this unit includes a private outdoor patio yard, offering a rare blend of personal outdoor space alongside community amenities like the pool and spa.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6, other record lot size in square feet = 264213.
- Cosmetic Condition
The listing suggests the need for paint and 'sprucing up,' indicating that the property likely requires immediate cosmetic investment to modernize the interior and reach its full market potential.
- High Monthly Carrying Costs
The association fee of $590 per month represents a significant recurring expense that may impact buyer affordability and overall competitiveness compared to single-family alternatives.
About 4500 Villas Drive
Paint and spruce it up to add your personal touch! This spacious 3-bedroom, 2-bathroom Bonita condo offers comfortable living space, featuring an open layout, fireplace, wet bar, private outdoor patio yard, and community pool and spa, all just minutes from local golf courses, parks and major freeways.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 6.07 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $590.0 / Month
Neighborhood Insights
Bonita Unified Schools
Allen (Ella B.) Elementary School
Grades K-6 • 0.4 mi
7/10
Bonita Vista Middle School
Grades 7-8 • 1.6 mi
6/10
Bonita Vista Senior High School
Grades 9-12 • 1.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 1.7 |
| Baths | 2.0 | 1.3 |
| Square foot | 1,756 | 925.333 |
| Lot Size | 6.07 | 426,888 |
| Price | $760.0K | $429.4K |
| Price per sq ft | $433 | $546 |
| Built year | 1987 | 1976 |
| HOA | $590.0 | $541 |
| Days on market | 23 | 82 |
Pricing History
Listed for Sale
Sep 5, 2026
$760,000
$765,000
-1% Price Drop
Initial Listing
Price Change
Aug 30, 2026
$765,000
$775,000
-1% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$775,000
Initial Listing
Sold
Jun 24, 2013
$349,000
Public Record
Sold
May 18, 2001
$271,500
Public Record
Sold
Dec 21, 1995
$183,500
Public Record