712 Paseo Del Rey, Chula Vista, California 91910, Chula Vista, 91910 - 4 bed, 3 bath
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Chula Vista, California 91910
This Spacious Multigenerational Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,184,231 Fair Market Value by 7%. This valuation gap provides $85,231 in Instant Equity for buyers. Boasting a Good Condition Rating, the home features a modernized granite kitchen, a rare downstairs en-suite, and a 9,460 sqft lot with a detached powered workshop. Located near Top-Rated Schools like Casillas Elementary with no HOA fees, it balances financial upside with premium lifestyle. This is an ideal acquisition for Owner-Occupants or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 Paseo Del Rey Subject | $1,099,000* List Price | 4 | 3 | 2,908 | $407 | - |
A 694 Calma Place Sold | $1,175,000 | 5 | 4 | 2,700 | $435 | 0.1 mi |
B 640 E J Street Sold | $980,000 | 4 | 3 | 2,314 | $424 | 0.5 mi |
C 1038 Dorado Ct Sold | $1,050,000 | 5 | 3 | 2,814 | $373 | 0.9 mi |
D 589 E J Street Sold | $1,150,000 | 5 | 3 | 2,360 | $487 | 0.6 mi |
E 1039 Camino Miel Sold | $1,053,000 | 4 | 3 | 2,217 | $475 | 1.0 mi |
F 991 Calma Pending | $1,105,000 List Price | 5 | 3 | 2,293 | $482 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates that align with the 'good' condition category. The kitchen has been modernized with dark cabinetry, granite countertops, and stainless steel appliances. Flooring has been updated with a mix of contemporary wood-look planks and large-format tile. While the home was built in 1979, it has been well-maintained with updated light fixtures, neutral paint, and a functional layout that includes a rare downstairs en-suite, making it highly livable without requiring immediate renovation.
The home features a rare downstairs bedroom with a private en-suite bath and a flexible bonus room, making it ideal for guests, a home office, or multigenerational living arrangements.
The property boasts a large 9,460 sqft terraced lot with mature fruit trees and a detached powered workshop, offering unique utility for hobbies and storage that is rare for the area.
Situated in the desirable Rancho Del Rey neighborhood near top-rated schools and hiking trails, the property offers a high-end lifestyle without the burden of monthly HOA fees.
Built in 1979, the property may require cosmetic updates or system upgrades to align with modern luxury standards compared to newer builds in the region.
The listing price reflects a significant increase from its 2023 sale price of $935,000, which may lead to increased buyer scrutiny regarding recent improvements versus market appreciation.
One of the largest homes in Rancho Del Rey, 712 Paseo Del Rey delivers the space, flexibility, and lifestyle that most buyers spend years searching for — with no HOA. The floor plan is exceptional. A rare downstairs bedroom with a private en-suite bath serves multigenerational families, guests, or a dedicated home office with complete privacy. The light-filled bonus room adapts to whatever your life requires. The formal living room commands attention with soaring vaulted ceilings. Upstairs, your primary suite is a genuine retreat — anchored by a cozy fireplace, a walk-in closet, and room to truly decompress. Step outside to a lush, terraced backyard unlike anything on the market. Mature lemon, orange, and loquat trees frame the space, while a detached shed and workshop with electricity offers room for hobbies, storage, or creative projects. Additional garage storage rounds out what is already an exceptionally functional property. The location delivers everything San Diego living is known for. Top-rated schools, neighborhood parks, and hiking and biking trails are moments away. Coronado, downtown San Diego, and the beach are all within a short drive. Homes of this size, configuration, and value simply do not come available in this neighborhood often.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,908 | 1,746 | 86% |
| Lot Size | 9,460 | 7,200 | 77% |
| Price | $1.10M | $900.0K | 76% |
| Price per sq ft | $378 | $521 | 9% |
| Built year | 1979 | 1970 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 131 | 3% |
Apr 1, 2026
$1,099,000
Initial Listing
Apr 4, 2023
$935,000
Public Record