
Lakeside, California 92040
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $775,000—positioned well below the $773,370 Fair Market Value by a negligible margin, reflecting a stable market entry. Featuring a Condition Rating of 4, the home offers significant infrastructure peace of mind with 2023 HVAC and plumbing upgrades. The expansive 11,895 sqft lot provides excellent outdoor utility, including a large covered patio and work shed. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a solid foundation for cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9161 Emerald Grove Avenue Subject 3 bd · 2 ba · 1,572 sqft · $492 | $775,000* List Price | 3 | 2 | 1,572 | $492 | - |
A 12435 Rockcrest Road Sold 3 bd · 2 ba · 1,382 sqft · $452 · 0.8 mi | $625,000 | 3 | 2 | 1,382 | $452 | 0.8 mi |
B 9620 Prospect Sold 3 bd · 2 ba · 1,232 sqft · $637 · 0.9 mi | $785,000 | 3 | 2 | 1,232 | $637 | 0.9 mi |
C 9676 Cypress Vale Dr Sold 4 bd · 2 ba · 1,800 sqft · $486 · 0.7 mi | $875,000 | 4 | 2 | 1,800 | $486 | 0.7 mi |
D 8560 1/2 Winter Gardens Boulevard Active 3 bd · 2 ba · 1,599 sqft · $478 · 0.8 mi | $765,000 List Price | 3 | 2 | 1,599 | $478 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property received significant system updates recently—including new HVAC and plumbing in 2023, a new water heater in 2024, and septic work in 2026—the interior remains dated. The kitchen, laundry, and bathrooms appear to have finishes older than 20 years, and the 1952 structure retains original hardwood floors and wood-paneled ceilings that require cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11895, living area = 1572.
The property boasts significant recent mechanical and plumbing updates, including a new HVAC system and ABS waistlines in 2023, a new water heater in 2024, and a rebuilt septic system in 2026, reducing immediate maintenance risks.
The nearly 12,000 square foot lot provides a spacious environment for families, featuring a large covered patio ideal for entertaining and a dedicated work shed for hobbies or additional storage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The listing explicitly states that permits are unknown for certain aspects of the home, which could lead to complications during the appraisal process, insurance underwriting, or future renovations.
With over 60 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, which may indicate that the current price point still faces resistance relative to its 1952 vintage and condition.
PRICE REDUCED. Come and enjoy this home in a desired neighborhood. This large lot offers a great place to raise a family. The large covered patio is great for entertaining and work shed gives dad room to play. The home features 3 bedrooms, plus an additional room that can be used as a bedroom, and 2 full baths, large kitchen, living room with a wood burning stove. In 2023 new heat pumps and condensing unit, plus a new mini split in large bedroom. The cast-iron waistlines replaced with ABS in 2023, and septic tank was pumped and rebuilt in 2026. New water heater in 2024. Original hard wood floors in much of the house. Permits unknown. SOME PICTURES ARE VIRTUAL AND ARE FOR IDEA S FOR POTENTIAL BUYER.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.1 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,572 | 1,691.867 |
| Lot Size | 11,895 | 16,616.193 |
| Price | $775.0K | $866.6K |
| Price per sq ft | $493 | $517 |
| Built year | 1952 | 1974 |
| HOA | $0 | $161 |
| Days on market | 69 | 46 |
Sep 12, 2026
$775,000
$795,000
-3% Price Drop
Initial Listing
Aug 17, 2026
$795,000
Initial Listing