7979 Shir Mar Place, El Cajon, California 92021, El Cajon, 92021 - 3 bed, 3 bath
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7979 Shir Mar Place
El Cajon, California 92021
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,948Sq Ft
10,018.8Lot Size
Property Price
LIST PRICE$899,990
EST. MARKET VALUE
$969,440
7% BelowMARKET VALUE
SUMMARY
This Single-Family Residence is a Strong Value Opportunity, listed at $899,990—positioned well below the $969,441 Fair Market Value by 7%. This valuation gap offers $69,451 in Instant Equity. Featuring an Excellent Condition Rating with recent system upgrades, a sparkling pool and spa, and a versatile studio conversion, this home offers significant lifestyle utility. Located in the Grossmont Union district, it balances financial upside with turnkey comfort. This is an ideal acquisition for Owner-Occupants seeking a multi-functional property or Buy-and-Hold Investors.
Estimated Market Value
$969,440+$69,450 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7979 Shir Mar Place Subject | $899,990* List Price | 3 | 3 | 1,948 | $498 | - |
A 1328 Arlington Pl Sold | $910,000 | 4 | 3 | 1,894 | $480 | 0.6 mi |
B 1550 Pepper Dr Sold | $950,000 | 3 | 3 | 2,114 | $449 | 0.7 mi |
C 1707 Terrace Hill Dr Sold | $990,000 | 4 | 2 | 1,857 | $533 | 0.9 mi |
D 1395 S Somermont Dr. Sold | $799,000 | 4 | 3 | 1,605 | $498 | 0.6 mi |
E 1647 Peerless Drive Sold | $795,000 | 4 | 3 | 1,580 | $503 | 0.4 mi |
F 1350 Coy Court Sold | $800,000 | 3 | 2 | 1,670 | $479 | 0.8 mi |
G 1617 Mauzy Way Pending | $949,900 List Price | 4 | 2 | 1,857 | $512 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1986, the property qualifies as Excellent due to extensive recent renovations and system replacements within the last 5 years. Key updates include a new roof (2019), HVAC and ducting (2021), water heater (2026), and pool equipment (2021-2024). The interior shows mint condition with modern laminate flooring, recessed lighting, and an updated kitchen, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10018, living area = 1948.
- Versatile Studio Conversion
The attached garage has been converted into a fully equipped studio with a kitchenette and full bathroom, providing an ideal space for a guest suite, home office, or potential rental income.
- Outdoor Entertainment Oasis
Situated on a large cul-de-sac lot, the private backyard features a sparkling pool, spa, mature fruit trees, and gated RV parking, creating a premium environment for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10018, other record lot size in square feet = 9824. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1948, other record living area = 1548.
- Loss of Enclosed Parking
The conversion of the garage into a studio means the property lacks traditional covered parking, which may be a deterrent for buyers requiring a standard two-car garage.
- Lower-Rated School District
The assigned elementary and middle schools have lower performance ratings (3/10 and 6/10), which could impact the property's desirability for families prioritizing top-tier education.
About 7979 Shir Mar Place
Welcome to this beautifully maintained & updated single-story home located on a cul-de-sac! Featuring an updated kitchen with modern finishes, gas cooktop and ample cabinetry. Inside Laundry Room. The attached garage has been converted into a versatile Studio with a full bathroom and kitchenette! The perfect guest suite, granny flat, or home office. The conversion can be converted back to a two-car garage if desired. Buyer to verify all permits and intended use. Situated on a large 9,824 sq. ft. lot, the private backyard is an entertainer's dream with a sparkling pool, relaxing spa, low-maintenance landscaping, mature fruit trees-including avocados & oranges. Updates include: 2019 New Roof, 2021 New furnace, ducting & AC, 2026 New water heater, 2024 New pool skimmer & filtration, 2021 new pool heater. Two storage sheds, and plenty of room to enjoy the outdoors. Additional features include Gated RV Parking, an oversized driveway with extra parking. Easy-care gravel landscaping in both the front and back yards. Conveniently located near shopping, dining, schools, and freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 10,018.8 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
El Cajon Unified Schools
W. D. Hall Elementary School
Grades K-5 • 0.3 mi
3/10
Bostonia Elementary School
Grades K-5 • 1.0 mi
6/10
Magnolia Elementary School
Grades K-5 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,948 | 1,609.157 |
| Lot Size | 10,018.8 | 9,601.53 |
| Price | $900.0K | $869.6K |
| Price per sq ft | $462 | $528 |
| Built year | 1986 | 1970 |
| HOA | $0 | $191 |
| Days on market | 36 | 40 |
Pricing History
Listed for Sale
Aug 17, 2026
$899,990
$924,950
-3% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$924,950
$945,000
-2% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$845,000
Initial Listing
Price Change
Aug 4, 2026
$945,000
Initial Listing