4811 E Alder Drive, San Diego, California 92116, San Diego, 92116 - 5 bed, 3 bath

4811 E Alder Drive, San Diego, California 92116 home-pic-0

4811 E Alder Drive

San Diego, California 92116

ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
3,222Sq Ft
24,829.199Lot Size

Property Price

LIST PRICE$2,495,000
EST. MARKET VALUE
$2,947,331
15% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$2,947,331 +$452,331 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4811 E Alder Drive
Subject
$2,495,000*
List Price
533,222$915-
A
4192 Rochester Rd
Sold
$2,295,000332,347$9780.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1943, the property has undergone an extensive recent renovation that meets modern luxury standards. The kitchen is fully updated with professional-grade stainless steel appliances, quartz countertops, and contemporary shaker cabinetry. The home features refinished hardwood flooring, updated recessed lighting, modern mini-split cooling systems, and a pristine heated pool area, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 24829, living area = 3222.

  • Multi-Generational Potential

    The home features a dedicated lower-level suite with a private entrance, kitchenette, and full bath, offering an ideal ADU-style setup for guests or rental income.

  • Expansive Lot Size

    Sitting on over half an acre, this property provides rare privacy and significant outdoor space that is exceptionally difficult to find in the Kensington neighborhood.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =24829, other record lot size in square feet = 24659. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Inconsistent School Ratings

    While some assigned schools are high-performing, several nearby elementary and middle schools have lower ratings, which may concern education-focused families.

  • Vintage Infrastructure

    Originally built in 1943, the property may have underlying structural or utility limitations inherent to older homes despite the extensive cosmetic renovations.

About 4811 E Alder Drive

Designed for those seeking space, flexibility, and classic Kensington charm, 4811 E Alder Drive is a beautifully renovated single-family home set on an expansive ½-acre lot in one of San Diego’s most sought-after neighborhoods. This 3,222 sq ft residence offers rare privacy, no HOA, and a highly adaptable layout ideal for modern living. The home features four bedrooms plus a bonus fifth bedroom suite with a private entrance, creating an ADU-style setup perfect for extended family, visiting guests, or income potential. Thoughtfully designed for both everyday living and entertaining, the property includes a private heated pool, multiple indoor and outdoor gathering areas, and modern upgrades throughout. The main living spaces flow effortlessly, while the lower level offers an impressive entertainment area and dedicated wine room. A private lower-level suite includes a spacious bedroom, full bathroom, kitchenette, and separate exterior entrance, ideal for multi-generational living or extended stays. A sunroom-style bonus space beneath the home adds flexibility for a gym, studio, or private retreat. Located in a walkable Kensington neighborhood, this move-in-ready home is close to schools, parks, dining, shopping, and convenient transportation routes. With its generous lot size, modern renovations, and versatile living options, this property delivers a rare blend of space, comfort, and timeless neighborhood appeal in the heart of San Diego.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1943
Lot Size
24,829.199 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Diego Unified Schools

Franklin Elementary School

Grades K-5 • 0.6 mi

4/10

Normal Heights Elementary School

Grades K-5 • 0.9 mi

7/10

Central Elementary School

Grades K-5 • 1.1 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
91%
Baths3.02.0
73%
Square foot3,2221,491
96%
Lot Size24,829.1995,070
99%
Price$2.50M$1.35M
96%
Price per sq ft$774$941
19%
Built year19431930
75%
HOA$0$0
50%
Days on market52165
10%

Pricing History

Listed for Sale

Jan 14, 2026

$2,495,000

Initial Listing

Sold

Oct 24, 1997

$15,000

Public Record

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