
San Diego, California 92115
Analysis of 4505 Palo Verde Terrace, San Diego, California 92115 is currently available with a list price of $2,925,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 1993, this property is exceptionally well-maintained, functional, and move-in ready. The gourmet kitchen features premium Sub-Zero and Dacor appliances with high-quality cabinetry. While some finishes in the kitchen and bathrooms (such as the travertine tile and glass block shower) show stylistic signs of age, the overall condition is immaculate with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 180338, living area = 4429.
Elementary School: Hearst Elementary School (10/10).
Situated on a rare 4-acre lot within the prestigious gated Alvarado Estates, this property offers unparalleled privacy and breathtaking panoramic canyon and city light views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4429, other record living area = 3725. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Despite the generous 4,429 square feet of living space, the home only features three bedrooms, which may be a constraint for larger families or buyers seeking more dedicated sleeping quarters.
The property carries a significant association fee of approximately $2,650, which adds a substantial recurring cost to the ownership of the estate compared to other luxury residences.
Alvarado Estates home, on 4 acres with its own private gate, designed for both comfortable living and effortless entertaining. Expansive windows showcase breathtaking canyon views, spectacular sunsets, sparkling city lights, and seasonal fireworks displays. At the heart of the home is a spacious great room where the family room and gourmet kitchen seamlessly connect. Rich light hickory flooring, custom built-in cabinetry, and one of three fireplaces create a warm yet sophisticated atmosphere. The chef's kitchen features premium Dacor and Sub-Zero appliances, including three ovens, a six-burner gas cooktop, warming drawers, twin refrigerator and freezer units, a beverage refrigerator, prep sink, dishwasher, and an impressive 8-by-8-foot walk-in pantry. The primary suite serves as a private retreat with expansive views, a generous walk-in closet, and a luxurious bath with soaking tub and separate shower. Two additional ensuite bedrooms and a dedicated home office provide comfort and flexibility. Outdoor amenities include a pergola-covered seating area, tranquil water feature, firepit, raised garden beds, and a variety of mature fruit trees including lemon, tangerine, grapefruit, plum, apricot, nectarine, peach, and guava. An unfinished walk-out basement offers exceptional potential for future expansion. A rare opportunity to enjoy refined estate living in one of San Diego's most sought-after communities.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,429 | 1,777 |
| Lot Size | 180,338 | 6,600 |
| Price | $2.92M | $1.24M |
| Price per sq ft | $660 | $743 |
| Built year | 1993 | 1972 |
| HOA | $2649.96 | $200 |
| Days on market | 47 | 39 |
Jun 5, 2026
$2,925,000
Initial Listing
Oct 12, 2012
$1,366,000
Public Record