7232 Margerum Ave, San Diego, California 92120, San Diego, 92120 - 3 bed, 4 bath

7232 Margerum Ave, San Diego, California 92120 home-pic-0
ACTIVE$1,650,000
7232 Margerum Ave, San Diego, California 92120
3Beds
4Baths
2,482Sqft
15,681.6Lot

Price Vs. Estimate

The estimated value ($1,754,346.77) is $104,346.77 (6%) higher than the list price ($1,650,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 15681, living area = 2482.
Top Cons:
Age of Property: Built in 1978, despite extensive updates, the underlying infrastructure of the home may still be original, potentially leading to future maintenance or upgrade costs not covered by cosmetic renovations.

Compared to the nearby listings

Price:$1.65M vs avg $1.17M (+$480,000)85%
Size:2,482 sqft vs avg 1,763.5 sqft84%
Price/sqft:$665 vs avg $67748%

More Insights

Built in 1978 (47 years old).
Condition: Despite being built in 1978, this property has undergone an extensive and high-quality modern renovation, aligning perfectly with the 'Excellent' criteria for properties extensively renovated within the last 5 years. The kitchen is a chef's delight with new quartz countertops, an expansive island, and modern stainless steel appliances. Bathrooms are spa-inspired with floating vanities, custom tilework, and contemporary fixtures. Throughout the home, vinyl plank flooring, designer lighting, and a custom glass-enclosed staircase showcase a virtually new interior. The exterior also features modern updates like artificial turf, a Trex deck, and solar panels, indicating minimal physical depreciation and meeting current quality standards.
Year Built
1978
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$665
HOA
-
Days on market
-
Sold On
-
MLS number
250042820SD
Home ConditionExcellent
Features
Excellent View: Park/Greenbelt, Mountain(s), Panoramic
Deck
Pool
Patio
ViewPark/Greenbelt, Mountain(s), Panoramic

About this home

Stunning Del Cerro Pool Home w/ Panoramic West-Facing Views - Welcome to your dream home in the highly sought-after Del Cerro area! This beautifully updated two-story residence combines modern design w/ incredible functionality, offering 4 bedrooms & 3.5 bathrooms, three of which are primary suites — one conveniently located on the main level. Step through the double front doors into a grand living room w/ vaulted ceilings, designer lighting, & an abundance of natural light streaming through large windows & skylights. The open floor plan flows effortlessly between the living room, family room, formal dining area, & casual breakfast nook, creating ideal spaces for both relaxation & entertaining. The modern kitchen is a chef’s delight, featuring quartz countertops, an expansive island, & ample cabinet space. A custom glass-enclosed staircase leads upstairs, where you’ll find two primary suites w/ a private balcony (~650 sq ft) overlooking the sparkling pool & canyon views. Retreat to the luxurious upstairs primary suite, complete w/ a walk-in closet, floating vanity, double sinks, barn door, & a spa-inspired bathroom featuring custom tilework & a waterfall showerhead. Enjoy year-round outdoor living w/ a Trex deck, built-in BBQ, turf front yard & mature palm trees enhancing the property’s resort-like feel. The vinyl fencing, tile roof, solar panels, & RV parking add both value & convenience. Additional highlights include vinyl plank flooring, skylights, a dedicated laundry room, & a two-car garage. The flexible fourth bedroom offers endless options for an office, guest room, or nursery. Experience elevated Southern California living at its best — where stunning views, thoughtful design, & quality finishes come together in one exceptional home.

Condition Rating
Excellent

Despite being built in 1978, this property has undergone an extensive and high-quality modern renovation, aligning perfectly with the 'Excellent' criteria for properties extensively renovated within the last 5 years. The kitchen is a chef's delight with new quartz countertops, an expansive island, and modern stainless steel appliances. Bathrooms are spa-inspired with floating vanities, custom tilework, and contemporary fixtures. Throughout the home, vinyl plank flooring, designer lighting, and a custom glass-enclosed staircase showcase a virtually new interior. The exterior also features modern updates like artificial turf, a Trex deck, and solar panels, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

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 = 15681, living area = 2482.
Panoramic Views & Outdoor Living: The property boasts stunning panoramic west-facing and canyon views, complemented by a sparkling pool, Trex deck, built-in BBQ, turf front yard, and mature palm trees, creating a resort-like outdoor living experience.
Extensive Modern Updates: This beautifully updated residence features a modern kitchen with quartz countertops and an expansive island, a custom glass-enclosed staircase, a spa-inspired primary bathroom with custom tilework and a waterfall showerhead, designer lighting, and vinyl plank flooring throughout.
Flexible & Functional Layout: The home offers an open floor plan with 4 bedrooms and 3.5 bathrooms, including three primary suites (one conveniently located on the main level), a dedicated laundry room, and a flexible fourth bedroom suitable for an office, guest room, or nursery.
Energy Efficiency & Value-Add Features: Equipped with solar panels, a tile roof, and vinyl fencing, the property offers enhanced energy efficiency and reduced maintenance. Additionally, it includes valuable RV parking.
Desirable Location: Situated in the highly sought-after Del Cerro area of San Diego, providing access to a desirable community and lifestyle.

Cons

Age of Property: Built in 1978, despite extensive updates, the underlying infrastructure of the home may still be original, potentially leading to future maintenance or upgrade costs not covered by cosmetic renovations.
Lack of Mentioned Cooling System: The property description does not mention any air conditioning or cooling system, which could be a significant drawback during San Diego's warmer months, especially for a west-facing home with large windows.
Large Lot Maintenance: With a lot size of over 15,000 sqft, combined with a pool and extensive landscaping (including turf), the property may incur higher ongoing maintenance costs and time commitment for upkeep.

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