9525 High Park Lane, Rancho Penasquitos, California 92129, Rancho Penasquitos, 92129 - 3 bed, 3 bath

9525 High Park Lane, Rancho Penasquitos, California 92129 home-pic-0
ACTIVE$1,019,500
9525 High Park Lane, Rancho Penasquitos, California 92129
3Beds
3Baths
1,424Sqft
4,545Lot

Price Vs. Estimate

The estimated value ($1,019,500) is $0 (0%) lower than the list price ($1,019,500). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Sundance Elementary School (9/10). Middle School: Mesa Verde Middle School (9/10). High School: Westview High School (10/10).
Top Cons:
Property Age: Built in 1984, the home is older, which may necessitate future updates to systems or aesthetics to meet contemporary buyer expectations.

Compared to the nearby listings

Price:$1.02M vs avg $1.38M ($-360,500)7%
Size:1,424 sqft vs avg 2,101 sqft7%
Price/sqft:$716 vs avg $68160%

More Insights

Built in 1984 (41 years old).
Condition: The property, built in 1984, is well-maintained and move-in ready with some cosmetic updates such as newer flooring in living areas and bedrooms, updated paint, and a modern-looking secondary bathroom. The backyard features artificial turf and glass fencing, indicating recent improvements. However, the kitchen, a key area, shows significant signs of age with outdated light wood cabinets, older granite countertops, tile flooring, and a dated fluorescent ceiling light fixture. While the refrigerator is modern stainless steel, the range appears older. The property's age (40 years) combined with the lack of a full, modern kitchen renovation, despite other updates, places it in the 'Fair' category, as it requires substantial updates to meet contemporary aesthetic and functional standards in the kitchen.
Year Built
1984
Close
-
List price
$1.02M
Original List price
$1.24M
Price/Sqft
$716
HOA
$99
Days on market
-
Sold On
-
MLS number
PTP2503825
Home ConditionFair
Features
Good View: City Lights, Hills
Patio
ViewCity Lights,Hills

About this home

DUTCH AUCTION JUST LAUNCHED! This means as a buyer, you'll see the price reduced by $25,000 every Wednesday until the property is sold, starting 9/24. Property valued at $1,200,000 Solar paid off, shed in the backyard and the garage storage cabinets stay with the property also the exceptional location & panoramic views — Priced to Sell! This well-maintained home combines comfort and convenience in a quiet, family-friendly community. Located in the sought-after Poway Unified School District, it offers spacious upstairs bedrooms, a luxurious primary suite, and a backyard with sweeping views. Enjoy low HOA and owned solar, just 10 minutes from the ocean, 2 minutes from shopping, and near top schools, parks, and scenic trails like Los Peñasquitos Canyon Preserve and Del Mar Mesa. Move-in ready and waiting for you!.

Nearby schools

9/10
Sundance Elementary School
Public,K-50.9mi
9/10
Mesa Verde Middle School
Public,6-81.7mi
10/10
Westview High School
Public,9-121.8mi

Price History

Date
Event
Price
04/01/99
Sold
$199,500
09/15/94
Sold
$174,500
02/22/22
Sold
$1,100,000
04/03/08
Sold
$435,000
05/25/06
Sold
$127,000
Condition Rating
Fair

The property, built in 1984, is well-maintained and move-in ready with some cosmetic updates such as newer flooring in living areas and bedrooms, updated paint, and a modern-looking secondary bathroom. The backyard features artificial turf and glass fencing, indicating recent improvements. However, the kitchen, a key area, shows significant signs of age with outdated light wood cabinets, older granite countertops, tile flooring, and a dated fluorescent ceiling light fixture. While the refrigerator is modern stainless steel, the range appears older. The property's age (40 years) combined with the lack of a full, modern kitchen renovation, despite other updates, places it in the 'Fair' category, as it requires substantial updates to meet contemporary aesthetic and functional standards in the kitchen.
Pros & Cons

Pros

Great Schools: Elementary School: Sundance Elementary School (9/10). Middle School: Mesa Verde Middle School (9/10). High School: Westview High School (10/10).
Prime Location & Community Amenities: Situated in a quiet, family-friendly community with exceptional access to shopping (2 mins), the ocean (10 mins), top schools, parks, and scenic trails.
Highly-Rated School District: Located within the desirable Poway Unified School District, boasting excellent elementary, middle, and high school ratings.
Panoramic Views: Offers sweeping panoramic views, including city lights and hills, enhancing the property's aesthetic appeal and value.
Significant Cost Savings: Features paid-off solar panels and a low HOA, contributing to reduced monthly ownership expenses.
Move-in Ready Condition: Described as a well-maintained home that is move-in ready, minimizing immediate buyer investment in repairs or preparation.

Cons

Property Age: Built in 1984, the home is older, which may necessitate future updates to systems or aesthetics to meet contemporary buyer expectations.
Dutch Auction Pricing Strategy: The use of a Dutch Auction, with weekly price reductions, indicates a motivated seller and potentially a prior struggle to attract offers at higher price points, raising questions about market value perception.
Absence of Explicit Modern Renovations: While well-maintained, the listing does not explicitly mention recent major renovations to key areas like kitchens or bathrooms, which could be a consideration for buyers seeking updated interiors.

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