8438 Fanita Drive, Santee, California 92071, Santee, 92071 - 3 bed, 2 bath
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8438 Fanita Drive
Santee, California 92071
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,772Sq Ft
7,840.8Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$922,341
7% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $850,000—positioned well below the $927,841 Fair Market Value by 8%. This valuation gap provides $77,841 in Instant Equity. Featuring a Mint Condition Rating with $130,000 in recent upgrades, including a chef's kitchen and high-end hardwood, the home offers an 800 SQFT ADU option for multi-generational living. With a scenic hillside view and deck, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate, high-quality living.
Estimated Market Value
$922,341+$72,341 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santee.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8438 Fanita Drive Subject 3 bd · 2 ba · 1,772 sqft · $521 | $850,000* List Price | 3 | 2 | 1,772 | $521 | - |
A 9460 Slope St. Sold 3 bd · 2 ba · 1,757 sqft · $566 · 0.7 mi | $995,000 | 3 | 2 | 1,757 | $566 | 0.7 mi |
B 8531 Even Seth Circle Sold 3 bd · 2 ba · 1,757 sqft · $555 · 0.7 mi | $975,000 | 3 | 2 | 1,757 | $555 | 0.7 mi |
C 8530 Conrad Court Sold 3 bd · 3 ba · 1,375 sqft · $611 · 0.1 mi | $840,000 | 3 | 3 | 1,375 | $611 | 0.1 mi |
D 9237 Fanita Rancho Sold 3 bd · 1 ba · 1,143 sqft · $595 · 0.4 mi | $680,000 | 3 | 1 | 1,143 | $595 | 0.4 mi |
E 8837 Carmir Active 3 bd · 2 ba · 1,340 sqft · $616 · 0.1 mi | $825,000 List Price | 3 | 2 | 1,340 | $616 | 0.1 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.
The property features a comprehensive brand-new $130,000 remodel including a modern kitchen with smart appliances and waterfall countertops, updated bathrooms, new windows, and a new 4-ton HVAC system. The interior boasts high-end engineered hardwood flooring and fresh paint throughout, meeting the criteria for a mint-condition renovation under 5 years old.
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 = 7840, living area = 1772.
- Extensive Modern Renovations
With over $130,000 in recent upgrades, including a chef's kitchen with smart appliances and high-end engineered hardwood flooring, the home offers a premium turnkey experience.
- ADU Development Potential
The property features an 800 SQFT ADU option, providing a significant value-add opportunity for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7840, other record lot size in square feet = 7744.
- Limited Bedroom Count
A three-bedroom configuration at the $850,000 price point may be less competitive for larger families seeking more sleeping quarters.
- Outdoor Space Reduction
Constructing the proposed 800 SQFT ADU on the 7,840 SQFT lot would notably decrease the remaining private yard space for the primary residence.
About 8438 Fanita Drive
Fantastic remodeled home available! With an 800 SQFT ADU Option!!!, This dream home offers beautiful brand new upgrades of over $130,000 done to fulfill all of your needs!!! New oversized kitchen with top of the line smart appliances, new bathrooms, new garage door, new paint inside and outside, new windows, new central 4 ton air conditioner unit. This well appointed home is perfect for family gatherings and extended family! Gorgeous New engineered high end hardwood flooring lengths up to 7.25 feet by 10.25 inches wide, 4MM top layer. Remodeled bathrooms, Remodeled Kitchen with new upgraded cabinets and countertops. You will just fall in love with all the amenities this home has to offer, perfect for spending quality time with your Family and Friends!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 7,840.8 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,772 | 1,538.896 |
| Lot Size | 7,840.8 | 7,200.619 |
| Price | $850.0K | $876.4K |
| Price per sq ft | $480 | $556 |
| Built year | 1992 | 1974 |
| HOA | $0 | $231 |
| Days on market | 19 | 36 |
Pricing History
Listed for Sale
Oct 13, 2026
$850,000
$860,000
-1% Price Drop
Initial Listing
Price Change
Oct 10, 2026
$860,000
$850,000
+1% Price Increase
Initial Listing
Price Change
Oct 6, 2026
$850,000
Initial Listing
Sold
Oct 12, 2006
$490,000
Public Record
Sold
Jul 28, 2006
$385,000
Public Record
Sold
Apr 30, 1999
$177,500
Public Record