8492 New Salem 59, San Diego, California 92126, San Diego, 92126 - 1 bed, 1 bath
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San Diego, California 92126
This Turnkey Condominium is a Strong Value Opportunity, listed at $459,000—positioned well above the $440,008 Fair Market Value by 4%. Despite the premium, the property maintains an Excellent Condition Rating with a Remodeled Kitchen and Luxury Vinyl Plank Flooring. Located in the heart of Mira Mesa, residents enjoy Resort-Style Amenities and proximity to Top-Rated Schools like Ericson Elementary and Mira Mesa High (9/10). This move-in ready sanctuary is an ideal fit for first-time buyers or busy professionals seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8492 New Salem 59 Subject | $459,000* List Price | 1 | 1 | 572 | $769 | - |
A 8480 New Salem St 103 Sold | $475,000 | 1 | 1 | 572 | $830 | 0.0 mi |
B 8574 Summerdale Rd 148 Sold | $460,000 | 1 | 1 | 598 | $769 | 0.3 mi |
C 8595 Summerdale Rd 170 Sold | $449,000 | 1 | 1 | 598 | $751 | 0.2 mi |
D 8476 New Salem 78 Active | $439,900 List Price | 1 | 1 | 572 | $769 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a recently remodeled kitchen with new cabinetry and countertops, plus new luxury vinyl plank flooring throughout. These high-impact renovations appear to be less than 5 years old, placing the interior in mint, move-in ready condition despite the 1985 original build date.
Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
The unit features significant upgrades including new luxury vinyl plank flooring and a fully remodeled kitchen with new cabinetry and countertops, offering a move-in-ready experience for buyers.
The property is situated within the boundaries of top-rated schools, including Ericson Elementary and Mira Mesa High, both boasting impressive 9/10 ratings, which supports long-term property value.
At only 572 square feet, the compact footprint of this one-bedroom condo may be a drawback for buyers requiring more storage or living area.
The association fee of $485 per month is relatively high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for some purchasers.
Ideally located in the heart of Mira Mesa, this updated first-floor, one-bedroom, one-bath condo offers peaceful views of the adjacent park. Features include new luxury vinyl plank flooring, a remodeled kitchen with new cabinetry and countertops, and a bright, spacious living area. Relax on the private east-facing patio. The unit includes one assigned covered parking space and access to a resort-style pool, spa, and lush landscaping. Conveniently located near shopping, dining, and parks.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 572 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $459.0K | $604.2K |
| Price per sq ft | $802 | $618 |
| Built year | 1985 | 1985 |
| HOA | $485.0 | $500 |
| Days on market | 26 | 53 |
Jun 26, 2026
$459,000
Initial Listing
Dec 6, 2024
$406,000
Public Record
Mar 29, 2012
$105,000
Public Record
Oct 1, 2004
$247,000
Public Record
May 7, 2003
$178,000
Public Record