
San Diego, California 92108
This Turnkey Condominium represents a Strong Value Opportunity, listed at $819,000—positioned well below the $859,536 Fair Market Value by 4%. This valuation gap provides $40,536 in Instant Equity. Featuring a Mint Condition Rating with brand-new HVAC and a modernized kitchen, this residence offers a rare Assumable 2.75% VA Loan. Located in the gated Kensington Park Villas with resort-style amenities and proximity to Top-Rated Schools, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term financial stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5204 Caminito Solitario Subject | $819,000* List Price | 2 | 3 | 1,618 | $531 | - |
A 4336 Caminito De La Escena Sold | $947,900 | 3 | 3 | 1,875 | $506 | 0.1 mi |
B 10767 Caminito Bravura Sold | $765,000 | 4 | 2 | 1,576 | $485 | 0.7 mi |
C 5223 Caminito Jubilo Active | $799,000 List Price | 2 | 3 | 1,618 | $494 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1978, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen and bathrooms are fully modernized with contemporary cabinetry, stone counters, and designer fixtures. Major systems, including the HVAC and water heater, are brand-new, placing it in mint, move-in-ready condition.
The rare opportunity to assume a 2.75% VA loan provides an incredible financial advantage, offering significant monthly savings compared to current market interest rates.
The property features essential high-ticket upgrades including brand-new central heating and air conditioning, a new water heater, and a modernized kitchen with a functional center island.
Positioned as a private corner unit within the gated 38-acre Kensington Park Villas, the home offers a park-like setting with resort-style amenities including pools, saunas, and scenic trails.
The monthly HOA fee of $780 is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
With only two bedrooms for over 1,600 square feet of living space, the layout may not suit growing families or buyers requiring more than one dedicated home office.
Assume an Incredible 2.75% VA Loan – A Rare Opportunity! An exceptional opportunity for qualified buyers to assume a low 2.75% VA loan and own this meticulously maintained, thoughtfully upgraded corner residence in one of San Diego's best-kept secrets. Located within the exclusive 38-acre gated community of Kensington Park Villas, this private, park-like hillside enclave offers a peaceful retreat in the foothills of Kensington while remaining just minutes from everything San Diego has to offer. The bright and spacious main living area flows effortlessly onto a private front patio, creating the perfect indoor-outdoor setting for relaxing or entertaining. The beautifully updated kitchen features modern cabinetry, ample counter space, and a functional center island ideal for everyday living. Upstairs, you'll find two spacious primary suites, each with its own full en-suite bathroom. Step onto the second-floor balcony overlooking lush, mature landscaping—an ideal spot to enjoy your morning coffee or unwind at the end of the day. Perfectly positioned in a quiet upper corner of the community, this home offers exceptional privacy while being just steps from the community's pools, tranquil ponds, and scenic pet walking trail. Recent upgrades include: Brand-new central heating & air conditioning, New water heater New washer & dryer Residents of Kensington Park Villas enjoy resort-style amenities, including: Two swimming pools Two saunas Clubhouse Beautiful walking paths, ponds, and mature landscaping Gated vehicle access plus a private pedestrian entrance into Kensington Conveniently located near neighborhood shops, restaurants, Mission Valley, and major freeways including I-8, I-15, and I-805, this home combines comfort, privacy, and accessibility in one exceptional package. Don't miss this rare opportunity to assume a 2.75% VA loan and enjoy resort-style living in one of San Diego's hidden gems!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.5 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,618 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $819.0K | $604.2K |
| Price per sq ft | $506 | $618 |
| Built year | 1978 | 1985 |
| HOA | $780.0 | $500 |
| Days on market | 11 | 53 |
Jul 11, 2026
$819,000
Initial Listing
Apr 20, 2018
$520,000
Public Record
Feb 14, 2012
$307,000
Public Record