8444 New Salem 12, San Diego, California 92126, San Diego, 92126 - 2 bed, 2 bath
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San Diego, California 92126
This Single-Story Corner Condo represents a High-Potential Investment Opportunity, listed at $524,999—positioned above the $507,691 Fair Market Value. While currently priced slightly above market, the property offers significant long-term value through its Dual Primary Suite Layout and proximity to the $55M Mira Mesa Park project. With a Condition Rating of 4, the unit is move-in ready but offers clear upside for cosmetic modernization. Served by Top-Rated Schools like Mira Mesa High (9/10), this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8444 New Salem 12 Subject | $524,999* List Price | 2 | 2 | 866 | $586 | - |
A 8365 Westmore Rd 20 Sold | $525,000 | 2 | 2 | 912 | $576 | 0.1 mi |
B 8509 Summerdale Rd 365 Sold | $568,888 | 2 | 2 | 897 | $634 | 0.2 mi |
C 8378 New Salem Street 24 Sold | $565,000 | 2 | 2 | 912 | $620 | 0.1 mi |
D 8503 Summerdale Rd 376 Sold | $558,000 | 2 | 2 | 897 | $622 | 0.2 mi |
E 8538 Summerdale Rd 111 Sold | $555,000 | 2 | 2 | 920 | $603 | 0.3 mi |
F 8692 New Salem Pending | $565,000 List Price | 2 | 2 | 831 | $680 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property falls into the >20-year category. While it features updated hard-surface flooring and is well-maintained, the kitchen and bathrooms are original/dated, with the listing explicitly stating they are ready for 'designer upgrades.' It is functional and move-in ready but lacks modern systems and finishes.
Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
Situated directly across from the $55 million Mira Mesa Park & Recreation Project and near major tech hubs like Qualcomm, offering significant lifestyle appeal and strong long-term appreciation potential.
The rare single-story corner floor plan features two full master bedrooms, providing exceptional privacy and flexibility for roommates, guests, or a professional home office setup.
With only 866 square feet of living area, the interior may feel restrictive for buyers accustomed to more spacious two-bedroom layouts or larger common areas.
The kitchen is described as ready for 'designer upgrades,' suggesting that the interior finishes may be dated and will require additional capital investment to achieve a modern aesthetic.
HIGHLY DESIRED LOCATION IN COMMUNITY! TWO MASTER BEDROOMS! NO MELLO-ROOS! Hello! My name is 8444 New Salem Street #12, but you can just call me “home.” I’m that rare single-story corner condo in the heart of Mira Mesa; the kind that feels bright, open, and peaceful the moment you walk in. With two true primary bedrooms, I’m designed for comfort and flexibility, perfect for roommates, guests, or the ideal work-from-home setup. Take a look around and you’ll notice my beautiful hard-surface floors throughout, even on my private balcony. It’s a clean, modern touch you won’t find in most units. My kitchen is well-kept and ready for your own designer upgrades whenever the time feels right. My living space flows out to a serene balcony, your morning coffee spot, your unwind-after-work corner, your weekend reading retreat. And here’s where I really shine: I’m steps from the sparkling community pool and directly across from the new $55 million Mira Mesa Park & Recreation Project, transforming this entire area into one of San Diego’s most exciting activity hubs. Add in Mira Mesa’s great eateries, shops, and proximity to Qualcomm, tech, and biotech companies, and you’ve got a location with both lifestyle and long-term value. My community is peaceful, green, and well maintained, with mature trees, open spaces, and plenty of places to relax. If you’ve been searching for a home that feels peaceful, practical, and perfectly placed, I’d love to welcome you in. Come see me soon… homes like me don’t stay single for long.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 866 | 866 | 50% |
| Lot Size | - | 0.79 | 49% |
| Price | $525.0K | $545.0K | 46% |
| Price per sq ft | $606 | $625 | 39% |
| Built year | 1985 | 1989 | 39% |
| HOA | $420.0 | $420 | 50% |
| Days on market | 33 | 152 | 5% |
May 14, 2026
$524,999
Initial Listing