ACTIVE$865,500

1772 Greenfield Court, El Cajon, California 92021

3Beds

2Baths

1,188Sqft

20,473Lot

Year Built

1957

List price

$866K

Original List price

$888K

Price/Sqft

$729

HOA

Days on market

Sold On

MLS number

SR25225135

Home ConditionTear down

Features

View-

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $865.5K(61th), sqft - 1188(12th), beds - 3(50th), baths - 2(50th).

Potential, at this nearly half-acre property with room for everything you own. Existing single-level home offers 3 bedrooms, 2 baths, and an attached garage—ready for your personal touch. The the real value here: possible SB-9 lot-split or additional units (buyer to verify with the City of El Cajon). Whether you need space for toy haulers, RVs, boats, or a large workshop, you’ll find plenty of room to spread out. Think of the money you’ll save by storing all your equipment and vehicles right at home. 1959 single-level home on a spacious lot in El Cajon. The large parcel may allow an SB 9 lot split with potential for additional units— Buyer to verify all subdivision and development possibilities with the City of El Cajon.

Price History

Date

Event

Price

10/30/25

Price Change

$865,500-2.5%

10/09/25

Listing

$887,500

Condition Rating

Tear down

The property was built in 1957, making it 67 years old. The listing explicitly states the home is 'ready for your personal touch' and 'likely requires significant updates and modernization,' indicating no major renovations have occurred in decades. The primary value proposition is the nearly half-acre lot and its development potential (SB-9 lot split, additional units), suggesting the existing structure is considered a project rather than a functional asset. This aligns with the 'tear-down' criteria for a property built over 50 years ago with no major renovations in the past 50 years, where the value is based solely on the land.

Pros & Cons

Pros

Significant Development Potential: The nearly half-acre lot (20,473 sqft) offers substantial future value with explicit mention of possible SB-9 lot-split or additional units, subject to buyer verification.

Ample Storage & Vehicle Space: The large parcel provides extensive room for RVs, boats, toy haulers, or a large workshop, catering to specific lifestyle needs and saving off-site storage costs.

Single-Level Layout: The existing 3-bedroom, 2-bath home is a single-level design, appealing to a wide range of buyers seeking accessibility and convenience.

Price Adjustment: A recent price reduction from $887,500 to $865,500 indicates seller flexibility and potentially a more attractive entry point for buyers.

Customization Opportunity: Described as 'ready for your personal touch,' the property offers a blank canvas for buyers to renovate and customize to their exact preferences.

Cons

Significant Overpricing: The current list price of $865,500 is substantially higher (23% above) the estimated property value of $662,074.50, potentially hindering market appeal and financing.

Age and Condition (Requires Renovation): Built in 1957, the home likely requires significant updates and modernization, representing a considerable additional investment for the buyer.

Buyer Responsibility for Development Verification: The highly touted development potential (SB-9, additional units) requires the buyer to independently verify all possibilities with the City, adding complexity and risk to the purchase.

About this home

Price History

Pros

Cons

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1772 Greenfield Court, El Cajon, California 92021, El Cajon, 92021 - 3 bed, 2 bath

About this home

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI