9218 Ellenbee Road, Santee, California 92071, Santee, 92071 - 3 bed, 2 bath
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Santee, California 92071
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $566,728 Fair Market Value by -5%. Featuring a 1,645 square foot footprint on a 6,900 square foot lot, the home offers significant value-add potential through a full interior renovation. With a Condition Rating of 5, this asset requires a comprehensive overhaul of systems and finishes. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the established Santee neighborhood and proximity to Santee Lakes.
Renovation opportunity in Santee! 3BR/2BA home with 1,645 sqft on a 6,900 sqft lot. Perfect for investors seeking value-add potential near Santee Lakes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9218 Ellenbee Road Subject | $600,000* List Price | 3 | 2 | 1,645 | $345 | - |
A 9253 Maranda Dr Sold | $751,000 | 3 | 2 | 1,729 | $434 | 0.1 mi |
B 9428 Medina Drive Pending | $599,000 List Price | 3 | 2 | 1,274 | $470 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no evidence of recent renovations, this property is explicitly marketed as a full renovation opportunity. The interior shows significant wear with stained carpets, dated wood paneling, and popcorn ceilings. The listing confirms that kitchens, bathrooms, and systems require a complete overhaul, fitting the criteria for a major rehab project.
At 1,645 square feet with an existing family room addition, the property offers a larger-than-average floor plan for the area, providing significant equity upside once renovated.
Situated in an established neighborhood near Santee Lakes Regional Preserve, the home benefits from high pride of ownership and proximity to 190 acres of outdoor recreation.
The 6,900 square foot flat lot provides ample space for high-value additions such as a pool, garden, or ADU, enhancing the property's long-term versatility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property requires a full-scale remodel including the kitchen, bathrooms, and flooring, making it unsuitable for traditional buyers seeking a move-in-ready home.
With interior and exterior paint and landscaping needing immediate attention, the initial capital expenditure for restoration will be substantial.
This is a full renovation opportunity priced for an investor who knows how to run the numbers. The square footage is already there. The lot is already there. Santee Lakes is around the corner. The work is real, and so is the upside. 9218 Ellenbee Road is a 3-bedroom, 2-bathroom single-family home with a family room addition on a large, flat lot in an established Santee neighborhood where pride of ownership shows on every block. At 1,645 square feet, the footprint is one most investors have to fight for. The family room addition expanded the original floor plan meaningfully, and the result is a home with real livability once the work is done. Kitchens, bathrooms, flooring, interior and exterior paint, and landscaping all need attention. Nothing about the condition is hidden. The price reflects the full scope of work, and the lot gives a renovated home room to breathe: large enough for a pool, a garden, a play area, or all three. Wide sidewalked streets and a genuine sense of community set the tone for the block. Santee Lakes Regional Preserve is minutes away, offering 190 acres of lakes, trails, and open space that buyers and renters notice and value. If you know what you are looking for, you have found it.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-8 • 0.3 mi
Grades K-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,645 | 1,477 | 62% |
| Lot Size | 6,900 | 6,700 | 51% |
| Price | $600.0K | $858.5K | 4% |
| Price per sq ft | $365 | $554 | 1% |
| Built year | 1960 | 1973 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 123 | 4% |
May 30, 2026
$600,000
Initial Listing
Mar 26, 1997
$143,000
Public Record