6463 Lake Mere Ct, San Diego, California 92119, San Diego, 92119 - 4 bed, 3 bath
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San Diego, California 92119
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $1,043,795 Fair Market Value by 4%. This valuation gap offers $44,795 in Instant Equity. Featuring a 4-bedroom main house with an income-generating studio ADU and owned solar, the home has a Condition Rating of 4. While cosmetic updates are required, the location near Lake Murray and top-rated schools makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6463 Lake Mere Ct Subject | $999,000* List Price | 4 | 3 | 2,069 | $504 | - |
A 6447 Lake Athabaska Sold | $1,100,000 | 4 | 2 | 2,000 | $550 | 0.1 mi |
B 6450 Lake Athabaska Place Sold | $1,150,000 | 3 | 2 | 2,534 | $454 | 0.2 mi |
C 8464 Lake Gaby Ave. Sold | $840,000 | 3 | 2 | 1,688 | $498 | 0.5 mi |
D 8835 Lake Ashmere Drive Sold | $1,050,000 | 4 | 2 | 1,807 | $581 | 0.1 mi |
E 6528 Jackson Dr. Sold | $1,125,000 | 3 | 2 | 1,843 | $610 | 1.0 mi |
F 6721 Mineral Sold | $930,000 | 4 | 3 | 1,488 | $625 | 0.8 mi |
G 8753 Verlane Drive Active | $1,050,000 List Price | 5 | 3 | 2,133 | $492 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home is well-maintained but significantly dated. Interior features such as popcorn ceilings, older carpeting, wallpapered kitchen walls, and original-style cabinetry/fixtures in the bathrooms indicate a renovation age of over 20 years. While the owned solar and ADU add value, the main living areas and systems require cosmetic and functional updates to meet modern standards.
The property includes a studio ADU above the garage with a separate entrance and full kitchen, providing an excellent opportunity for rental income or multigenerational living.
The home features an owned solar system, offering the new owner significant long-term savings on utility costs and increasing the property's overall value.
Situated in the desirable San Carlos neighborhood near Lake Murray and major freeways, the home offers a perfect blend of outdoor recreation and commuter convenience.
The galley-style kitchen may feel restrictive and less modern compared to the open-concept layouts preferred by many of today's buyers.
Built in 1962, the property may require cosmetic updates or modernization of older systems to meet contemporary aesthetic and performance standards.
Single-story, owned solar, and possible rental income opportunities make this San Carlos home standout! Built in 1962, this 4 Bedroom/2.5 Bath home offers a spacious layout in the living/dining room area with 3 sliding doors that bring in natural light. The galley kitchen has plenty of counter space and cabinet storage, along with an electric range, dishwasher, and refrigerator. Each bedroom is complete with mirrored closet doors. The studio ADU above the 2-car garage has its own entrance, full kitchen, & bathroom which is great for rental income or multigenerational living. The backyard is open with a light view and space to relax. Desirable location near Lake Murray, parks, shopping, restaurants, and convenient access to the I-8, I-52, and I-125 freeways.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,069 | 1,777 |
| Lot Size | - | 6,600 |
| Price | $999.0K | $1.24M |
| Price per sq ft | $483 | $743 |
| Built year | 1962 | 1972 |
| HOA | $0 | $200 |
| Days on market | 21 | 39 |
Jul 1, 2026
$999,000
Initial Listing