SFR inventory is extremely limited in this area and also Bay Ho (western 92117) and will continue to be IMHO. This is a “cosmetic fixer” situated on a VERY large (for the area) canyon lot and the pano view doesn’t get any better than this over there. Barring any residual tire noise from I-5, it may be priced as much as $80K more than it is worth. You can always start in the high sevens with a strong offer.
I haven’t looked at the sold comps around there but suspect that the value of the subject lot is highly subjective as another one like it cannot be “invented” for any price.
If you really don’t want a pool, I’m not sure it’s worth covering over this pool, unless there is a lot more addt’l flat space in the backyard.
I would not sweat BS such as pool equip installed in garage. This lot is ample enough to relocate it as well as build a cabana, gazebo and all manner of (entertainment) out-structures.
The vast majority of the owners in this area are boomers and beyond and, unless they need to sign up for board and care (or move into a child’s home) NOW, due to health issues, they’ve got all the time in the world to wait for a buyer to appreciate exactly what they are offering, IMO. Even most “heirs” marketing a well-located property in SD, such as this one, are willing to wait for an appreciative buyer.
I wouldn’t count on finding too many “distressed” owners of SFR’s in this area, if any at all, IMO.
Always remember that the LOT and its location are worth far more than the dwelling(s) sitting on it. Convenience-wise, this location is bar none.
