9227 Colorama Way, Lakeside, California 92040, Lakeside, 92040 - 4 bed, 2 bath

9227 Colorama Way, Lakeside, California 92040 home-pic-0
ACTIVE UNDER CONTRACT$764,000
9227 Colorama Way, Lakeside, California 92040
4Beds
2Baths
1,974Sqft
0.4Lot
Year Built
1959
Close
-
List price
$764K
Original List price
$764K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508812
Home ConditionPoor
Features
Pool
Patio
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $764.0K(24th), sqft - 1974(79th), beds - 4(65th), baths - 2(50th).

Welcome to a well-loved 4-bedroom, 3-bath home set on an expansive lot with a sparkling pool and endless possibilities. Cherished by the same family for over 40 years, this property is ready for its next chapter and invites a new owner with vision to bring fresh life and creativity to every space. The main home offers a generous layout, while a separate structure in the back provides additional living flexibility—perfect as a music room, studio, guest hangout, or retreat. While the home needs remodeling and TLC throughout, the opportunity is truly remarkable for the right buyer. The large lot, versatile spaces, and classic character create an ideal foundation for a complete transformation. Located near top-rated schools, a variety of shops and restaurants, and just minutes from Lake Jennings, local parks, and outdoor recreation. Convenient access to the 67, 8, and 52 freeways makes commuting simple. This property carries decades of happy memories and now awaits someone new to reimagine it and make it shine again. A rare chance to create something special in a highly desirable location

Nearby schools

8/10
Lakeview Elementary School
Public,K-50.2mi
4/10
Lemon Crest Elementary School
Public,K-51.3mi
4/10
Tierra Del Sol Middle School
Public,6-80.9mi
6/10
El Capitan High School
Public,9-121.9mi
3/10
Idea Center
Public,9-124.9mi

Price History

Date
Event
Price
11/28/25
Listing
$764,000
Condition Rating
Poor

Built in 1959 and explicitly stated to need 'remodeling and TLC throughout' and a 'complete transformation,' this property is in poor condition. The images confirm severely outdated kitchen cabinets, countertops, and appliances, along with extremely dated bathrooms featuring a pink toilet, gold-framed shower, and old vanities. Flooring consists of worn, old carpet and some basic, newer laminate. All fixtures and finishes appear to be original or from a very old renovation, indicating substantial repairs and rehabilitation are required for all major components and aesthetics.
Pros & Cons

Pros

Expansive Lot with Pool: Features a substantial 0.4-acre lot complete with a sparkling pool, offering ample outdoor living and recreational space.
Versatile Auxiliary Structure: Includes a separate back structure providing flexible space ideal for a music room, studio, guest area, or private retreat.
Prime Location & Local Amenities: Situated in a highly desirable area with proximity to top-rated schools, diverse shops, restaurants, Lake Jennings, and various outdoor recreational opportunities.
Excellent Commuter Access: Offers convenient access to major freeways (67, 8, and 52), simplifying daily commutes.
Strong Renovation Potential: A well-loved home with a generous 4-bedroom, 3-bath layout, presenting an ideal foundation for a complete modern transformation.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 17500.
Extensive Remodeling Required: The property explicitly needs significant remodeling and tender loving care throughout, indicating a substantial renovation project.
Outdated Condition: Built in 1959 and cherished by the same family for over 40 years, the home likely features outdated systems and finishes requiring modernization.
Significant Capital Investment: The necessary 'complete transformation' implies a considerable financial investment beyond the purchase price for repairs and upgrades.

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