9040 Paradise Park Dr, Lakeside, California 92040, Lakeside, 92040 - 4 bed, 2 bath
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9040 Paradise Park Dr
Lakeside, California 92040
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,534Sq Ft
22,651Lot Size
Property Price
LIST PRICE$899,900
EST. MARKET VALUE
$929,072
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,900—positioned well below the $929,072 Fair Market Value by 3%. This valuation gap offers $29,172 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a spacious 2,534 sqft layout, a private swimming pool, and an expansive ½-acre lot, the home provides significant upside through cosmetic renovation. Located in the Lakeside Union School District, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth.
Estimated Market Value
$929,072+$29,172 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lakeside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9040 Paradise Park Dr Subject 4 bd · 2 ba · 2,534 sqft · $367 | $899,900* List Price | 4 | 2 | 2,534 | $367 | - |
A 12135 Los Amigos Way Sold 4 bd · 3 ba · 2,528 sqft · $392 · 0.9 mi | $990,000 | 4 | 3 | 2,528 | $392 | 0.9 mi |
B 1/4 Golden Ridge Sold 4 bd · 3 ba · 2,183 sqft · $431 · 0.4 mi | $940,000 | 4 | 3 | 2,183 | $431 | 0.4 mi |
C 9371 Riverview Ave. Sold 4 bd · 3 ba · 2,150 sqft · $412 · 0.6 mi | $885,000 | 4 | 3 | 2,150 | $412 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976 (48 years old), the property falls into the 'Fair' category due to its age and the listing agent's explicit mention that it needs 'updating and TLC.' While the home benefits from a newer roof and some cosmetic interior updates like newer flooring and painted kitchen cabinetry, the overall aesthetic remains dated (15-30 year old style). The 'below market' pricing further indicates that while functional, the home requires investment in systems and finishes to meet modern standards.
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 = 22651, living area = 2534.
- Expansive Lot & Outdoor Living
The impressive half-acre lot features a private swimming pool and ample usable space, offering rare outdoor versatility for recreation, gardening, and entertaining.
- Significant Equity Potential
Priced below market value with over 2,500 square feet of living space, this property presents a prime opportunity for buyers to build immediate equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- Required Renovations
The home requires significant TLC and updating throughout, which will necessitate an immediate additional capital investment and vision from the buyer.
- Limited Bathroom Count
With only two bathrooms serving four bedrooms across 2,534 square feet, the bathroom-to-bedroom ratio may be insufficient for larger families or modern living standards.
About 9040 Paradise Park Dr
Incredible opportunity in Lakeside—priced well below market value! This spacious 4-bedroom, 2-bathroom home offers 2,534 square feet of living space and sits on an impressive ½-acre lot with beautiful views. The home could use some updating and TLC, making this a great opportunity for a buyer looking to add their own personal touches and build equity. Outside is where this property really shines! The huge backyard features a private swimming pool, two storage sheds, and plenty of usable space for entertaining, gardening, recreation, or creating your dream outdoor retreat. The oversized driveway offers abundant parking with room for multiple cars, an RV, boat, toys, and more. Newer roof as well!! With over 2,500 square feet, four bedrooms, a pool, a massive lot, views, and tremendous potential, this property offers a combination that is hard to find at this price. Priced well below market value to reflect the work needed—bring your vision and take advantage of this incredible Lakeside opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 22,651 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lakeside Unified Schools
Lemon Crest Elementary School
Grades K-5 • 1.4 mi
4/10
Lakeside Middle School
Grades 6-8 • 1.1 mi
5/10
Pepper Drive Elementary School
Grades K-8 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 2.1 |
| Square foot | 2,534 | 1,691.867 |
| Lot Size | 22,651 | 16,616.193 |
| Price | $899.9K | $866.6K |
| Price per sq ft | $355 | $517 |
| Built year | 1976 | 1974 |
| HOA | $0 | $161 |
| Days on market | 16 | 46 |
Pricing History
Listed for Sale
Oct 9, 2026
$899,900
Initial Listing