9049 Bubbling Wells Rd, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 2 bath
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9049 Bubbling Wells Rd
Lakeside, California 92040
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,198Sq Ft
8,400Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$669,567
6% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity with a List Price of $629,000—positioned well below the $669,567 Fair Market Value by 6%. This valuation gap offers $40,567 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization, yet its 8,400 sqft lot and proximity to the 8/10 rated Lakeview Elementary School provide significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic renovations.
Estimated Market Value
$669,567+$40,567 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 |
|---|---|---|---|---|---|---|
★ 9049 Bubbling Wells Rd Subject | $629,000* List Price | 3 | 2 | 1,198 | $559 | - |
A 9152 Lakeview Rd Sold | $700,000 | 3 | 2 | 1,201 | $583 | 0.2 mi |
B 9048 Gideon Cir. S Sold | $626,000 | 3 | 2 | 1,200 | $522 | 0.2 mi |
C 13256 W Lakeview Road Sold | $740,000 | 3 | 2 | 1,385 | $534 | 0.3 mi |
D 13416 Ripple Active | $749,000 List Price | 3 | 2 | 1,190 | $629 | 0.1 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 1961, this property is dated and requires modernization to meet current standards. While the interior shows some functional updates like laminate flooring, the bathroom features older oak cabinetry and tile, and the exterior stucco shows signs of wear. The listing description emphasizes 'potential' and 'vision,' confirming the need for updates to systems and finishes.
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 = 8400, living area = 1198.
- Exceptional Value Proposition
Offered at a price point typically reserved for condos, this detached single-family home provides a rare entry-level opportunity to own land and a standalone structure in Lakeside.
- Proximity to Top-Rated School
The property is situated within walking distance of Lakeview Elementary School, a highly-regarded 8/10 rated institution, significantly enhancing its appeal for families.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The home requires updates and personalization throughout, meaning buyers will need to budget for immediate capital improvements to modernize the interior finishes.
- Aging Infrastructure
Built in 1961, the property may require upgrades to major systems such as electrical, plumbing, or HVAC to meet current building standards and improve energy efficiency.
About 9049 Bubbling Wells Rd
Great opportunity to own a detached single-family home at a condo-level price! This charming property offers a spacious backyard and plenty of potential for updates and personalization. Bring your vision and create a home that reflects your style while adding value over time. The generous backyard provides ample space for outdoor entertaining, gardening, play, or creating your own private retreat. Inside, the home is ready for your customization and dream finishes. Conveniently located within walking distance of Lakeview Elementary School, a top ranked elementary school in the Lakeside Union Elementary School District. With an attractive price point, detached-home ownership, and room to improve, this property is a great opportunity for a first-time buyer, investor, or buyer looking for a home with potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 8,400 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
Lakeside Unified Schools
Lakeview Elementary School
Grades K-5 • 0.3 mi
8/10
Lemon Crest Elementary School
Grades K-5 • 1.5 mi
4/10
Tierra Del Sol Middle School
Grades 6-8 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,198 | 1,654.545 |
| Lot Size | 8,400 | 16,258.809 |
| Price | $629.0K | $854.8K |
| Price per sq ft | $525 | $508 |
| Built year | 1961 | 1974 |
| HOA | $0 | $92 |
| Days on market | 5 | 51 |
Pricing History
Listed for Sale
Sep 4, 2026
$629,000
Initial Listing