
San Diego, California 92122
This Resort-Style Single Family Residence represents a Strong Value Opportunity, listed at $1,799,000—positioned well below the $1,928,581 Fair Market Value by 6%. This valuation gap offers $129,581 in Instant Equity. With a Fair Condition Rating due to original interior finishes, the property features a 2019 Roof, Owned Solar, and a Resort-Style Pool/Spa. This unique blend of infrastructure efficiency and canyon-view lifestyle makes it an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a high-potential property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7042 Dennison St Subject | $1,799,000* List Price | 4 | 3 | 1,994 | $967 | - |
A 3298 Mercer Lane Sold | $1,695,000 | 3 | 2 | 1,674 | $1,013 | 0.3 mi |
B 6765 Edmonton Avenue Sold | $2,230,000 | 5 | 3 | 2,324 | $960 | 0.3 mi |
C 5914 Agee Street Sold | $1,622,500 | 4 | 3 | 2,106 | $770 | 0.8 mi |
D 5822 Stadium Street Sold | $1,800,000 | 4 | 3 | 1,946 | $925 | 0.9 mi |
E 5761 Carnegie Street Sold | $1,575,000 | 3 | 2 | 1,569 | $1,004 | 1.0 mi |
F 4676 Huggins Sold | $1,535,000 | 3 | 3 | 1,714 | $896 | 1.0 mi |
G 5904 Tulane Street Sold | $1,744,000 | 4 | 3 | 1,801 | $968 | 0.8 mi |
H 6797 Lipmann Street Sold | $1,406,000 | 3 | 2 | 1,254 | $1,121 | 0.7 mi |
I 3086 Mercer Lane Active | $2,099,000 List Price | 5 | 3 | 2,383 | $881 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the kitchen and some interior finishes are dated (Fair), the property's major systems are in excellent condition, including a 2019 roof, 2020 solar, 2022 Tesla Powerwall, and 2026 sewer relining. The home is exceptionally well-maintained, functional, and features a high-end, recently updated outdoor resort area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1994.
The property features an exceptional backyard oasis with a saltwater pool, spa, high-end BBQ island, and diverse fruit trees, all set against panoramic Rose Canyon and sunset views.
Significant investments include fully owned solar panels, a Tesla Powerwall 2, a newer 50-year roof, and NEM 2.0 status, offering exceptional long-term efficiency and utility cost savings.
While the home's major systems are heavily upgraded, portions of the interior retain their 1967 character, likely requiring cosmetic modernization to align with the high-end exterior improvements.
As a 1960s-era residence, the interior layout may feel less open than contemporary designs, potentially necessitating structural modifications for buyers seeking a modern open-concept flow.
Tucked away at the end of a quiet University City cul-de-sac, this amazing property offers one of the more special settings in the neighborhood, perched high above Rose Canyon with expansive west and northwest-facing canyon, sunset, and University City skyline views. The large lot and outdoor lifestyle are the true headline here. Designed for year-round SoCal living, the backyard features a resort-style saltwater pool and spa with built-in slide, beach-entry style edge, water features, gas fire pit with blue fire glass, expansive hardscape, and multiple spaces to relax or entertain. The built-in BBQ island includes a Cal Flame 5-burner grill, refrigerator, sink, bar seating, Bluetooth-enabled sound system, TV, and pergola, creating a true outdoor entertaining setup. An attached covered patio with stucco arches, recessed lighting, and paver flooring adds another shaded living space overlooking the canyon setting, while terraced garden areas and a variety of established fruit trees, including avocado, citrus, guava, pomegranate, plum, persimmon, Asian pear, loquat, apricot, and more, further enhance the property’s outdoor appeal. The sellers have also invested heavily in the long-term care, efficiency, and infrastructure of the home. Major improvements include a newer Owens Corning roof installed in 2019 with a 50-year manufacturer warranty, FULLY OWNED solar with 20 Panasonic panels installed in 2020, Tesla Powerwall 2 battery backup installed in 2022, a 200 amp main electrical panel, EV charger, upgraded gas meter, dual-pane low-E windows throughout, Milgard French and sliding doors, gutters and drainage to the street, and a Carrier gas furnace installed in the attic. The home is currently on Net Energy Metering 2, adding meaningful value for the next owner. Recent improvements include fresh exterior paint, trenchless sewer line relining, a rebuilt BBQ pergola, updated pool slide stairs and railings, and new pool and spa lighting, all completed in 2026. Additional updates include a newer pool/spa heater installed in June 2025, updated wrought iron gate, newer Polaris pool sweep, newer stainless-steel dishwasher, and maintained Pentair pool equipment. Inside, the home offers a functional floor plan with generous living spaces, a granite slab fireplace with custom wood mantle, recessed lighting, surround sound wiring, an updated upstairs full bath, refreshed downstairs half bath, and several thoughtful improvements throughout. While portions of the interior retain their original character, the sellers clearly focused their investments on the bones of the home, the systems, the efficiency upgrades, and the incredible outdoor living spaces that make this property so unique and special. Quietly tucked away above Rose Canyon, this amazing property brings together the kind of lot, views, outdoor living, and major system upgrades that are increasingly hard to find, all in a peaceful cul-de-sac setting designed to enjoy the best of San Diego living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,994 | 1,777 |
| Lot Size | 8,700 | 6,600 |
| Price | $1.80M | $1.24M |
| Price per sq ft | $902 | $743 |
| Built year | 1967 | 1972 |
| HOA | $0 | $200 |
| Days on market | 12 | 39 |
Jul 10, 2026
$1,799,000
Initial Listing
Jun 22, 2005
$765,000
Public Record