7887 Rancho Fanita Dr. B, Santee, California 92071, Santee, 92071 - 3 bed, 2 bath
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Santee, California 92071
This property presents a High-Potential Investment Opportunity with a List Price of $629,000—positioned well above the $562,630 Fair Market Value by -11%. With a Condition Rating of 5, the unit requires a full interior rehab, including flooring and kitchen updates. Located near Mission Trails Regional Park and top-rated schools like West Hills High, the asset offers significant long-term upside for Buy-and-Hold Investors or Contractors capable of modernizing the space to capture local rental demand.
Property is extensive renovation needed.
The property is 50 years old (built 1974) with no evidence of major renovations. Interior photos reveal heavily stained and worn carpeting, dated lighting, and aged finishes. While dual-pane windows are present, the overall condition suggests the unit requires a full interior rehab, including flooring, paint, and likely kitchen/bath updates to meet modern standards.
The property borders the expansive Mission Trails Regional Park, providing residents with immediate access to over 60 miles of hiking trails, the San Diego River, and scenic outdoor recreation.
With 1,344 square feet of living space, this 3-bedroom townhome features a large great room for entertaining, an oversized primary walk-in closet, and energy-efficient dual-pane windows.
Located in the Pepperhill community, residents enjoy access to two swimming pools and playgrounds, while being conveniently close to top-rated schools and the Santee Trolley Square shopping district.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =242629, other record lot size in square feet = 242525.
The monthly HOA fee of $535 is relatively high, which may impact the overall monthly affordability and debt-to-income ratios for potential buyers.
Built in 1974, the structure and community infrastructure may require more frequent maintenance or updates compared to newer developments in the Santee area.
**Reduced! Reduced!! Motivated Seller** **VA APPROVED CONDO** Welcome to this spacious 3-bedroom townhome in West Santee’s Pepperhill community, one of the few VA-approved condo complexes in the area. This well-kept home is in original condition, offering a blank canvas for buyers who want to personalize their space or add modern upgrades to build equity. The layout features a large great room, dual-pane windows, an oversized walk-in closet in the primary suite, a private patio, and a 2-space covered carport with storage — a valuable perk in Santee. Pepperhill residents enjoy two community pools, playgrounds, and a peaceful neighborhood setting that borders Mission Trails Regional Park. With direct access to 60+ miles of hiking and biking trails, the San Diego River, and panoramic mountain views, this location is ideal for outdoor enthusiasts. Conveniently located near Santee Trolley Square, Town Center, top-rated Santee schools, and major freeways (52, 125, and 67), this home offers unbeatable access to shopping, dining, and commuter routes throughout East County and greater San Diego.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 1.3 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,344 | 1,082 |
| Lot Size | 242,629.203 | 127,630.8 |
| Price | $559.0K | $535.6K |
| Price per sq ft | $416 | $499 |
| Built year | 1974 | 1985 |
| HOA | $535.0 | $467 |
| Days on market | 40 | 47 |
Jul 21, 2026
$559,000
$599,000
-7% Price Drop
Initial Listing
Jun 27, 2026
$599,000
$629,000
-5% Price Drop
Initial Listing
Jun 12, 2026
$629,000
Initial Listing
May 16, 1996
$95,000
Public Record