8468 Golden Ridge Rd, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 2 bath
ACTIVE$675,000$1,248/sqft
Est. Value: $695,000
2%
FairlyEstimate
8468 Golden Ridge Rd, Lakeside, California 92040
3Beds
2Baths
1,248Sqft
13,813Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $675,000.
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 = 13813, living area = 1248.
Top Cons:
Condition & Renovation Needs: Described as an 'older home in need of some TLC,' the property will likely require significant renovation and updates to meet modern standards and preferences.
Compared to the nearby listings
Price:$675.0K vs avg $825.0K ($-150,000)14%
Size:1,248 sqft vs avg 1,592 sqft14%
Price/sqft:$541 vs avg $50866%
More Insights
Built in 1946 (80 years old).
Condition: Built in 1946, this property is explicitly described as an 'older home in need of some TLC' and requiring 'significant renovation and updates.' While the kitchen features newer stainless steel appliances and a subway tile backsplash, the oak cabinets are dated. Bathrooms have basic, somewhat updated vanities but retain an older aesthetic and show wear. Flooring is a mix of newer laminate, older tile, and worn carpet, with some areas showing exposed subfloor. The presence of a mini-split AC unit in one bedroom suggests a lack of central HVAC. Overall, the home is functional but aged, with many components showing signs of being outdated and requiring substantial cosmetic and system updates to meet modern standards, aligning with the 'Fair' condition criteria.
Year Built
1946
Close
-
List price
$675K
Original List price
$695K
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
250046196SD
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
Patio
View-
About this home
Just Reduced!! Don't miss this opportunity. Priced right and an incredible opportunity to own a large1/3 acre view 3 bed 2 bath home with a detached 2 car garage, gorgeous pool and outdoor entertaining area. The home is a two-story older home in need of some TLC. The lot is situated with spectacular views of city lights, sunsets and sunrises from the deck. There is a children's playhouse and a large shed. The large garden area has room for all of your growing needs. Property is on metered city water and sewer. Sellers are downsizing and have lived here for 27 years and what they love about the place is that they would feel so relaxed with the breezes and birds chirping and waking to the sounds of nature. as well as the beautiful sunrise and sunsets. Solar on assumable lease. Home is shown by appointment only, do not disturb occupants.
J
Jeffrey Morrison
Listing Agent
Price History
Date
Event
Price
04/01/99
Sold
$178,000
Condition Rating
Fair
Built in 1946, this property is explicitly described as an 'older home in need of some TLC' and requiring 'significant renovation and updates.' While the kitchen features newer stainless steel appliances and a subway tile backsplash, the oak cabinets are dated. Bathrooms have basic, somewhat updated vanities but retain an older aesthetic and show wear. Flooring is a mix of newer laminate, older tile, and worn carpet, with some areas showing exposed subfloor. The presence of a mini-split AC unit in one bedroom suggests a lack of central HVAC. Overall, the home is functional but aged, with many components showing signs of being outdated and requiring substantial cosmetic and system updates to meet modern standards, aligning with the 'Fair' condition criteria.
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 = 13813, living area = 1248.
Panoramic Views: The property boasts spectacular views of city lights, sunsets, and sunrises from its elevated position and deck, enhancing its desirability.
Expansive Outdoor Amenities: Situated on a large 1/3 acre lot, the property features a gorgeous pool, dedicated outdoor entertaining area, a children's playhouse, a large shed, and a spacious garden area.
Detached Two-Car Garage: A valuable detached two-car garage provides ample parking, storage, or potential for a workshop, adding significant utility.
Solar Energy System: The home benefits from an assumable solar lease, offering potential energy cost savings and environmental advantages.
Recent Price Reduction: A recent price reduction indicates a motivated seller and presents a timely opportunity for buyers seeking value.
Cons
Condition & Renovation Needs: Described as an 'older home in need of some TLC,' the property will likely require significant renovation and updates to meet modern standards and preferences.
Property Age: Built in 1946, the home's age suggests that major systems (plumbing, electrical, HVAC) and finishes may be original or outdated, potentially leading to future repair costs.
Modest Interior Square Footage: With 1248 sqft for a 3-bedroom, 2-bathroom layout, the interior living space is relatively modest, which might be a consideration for buyers desiring more expansive indoor areas, especially given the large lot size.