Description

4584 Jicarillo Avenue presents a rare investor and value-add opportunity in one of San Diego’s most desirable canyon settings. Situated on an expansive 14,500 sq ft canyon-view lot, this property offers breathtaking sunset views and endless potential to renovate, expand, or reimagine. This is a true cosmetic fixer with strong fundamentals already in place while allowing a savvy buyer/investor to focus on maximizing upside rather than costly infrastructure. Major improvements include Solar under NEM 2.0 installed in 2022 (with a 25-year warranty on panels and micro-inverters), sewer lines relined in 2021, central heating and air conditioning, and dual-pane windows throughout. These big-ticket upgrades significantly reduce future capital expenses and enhance long-term value. The large lot size is a standout feature, offering flexibility for outdoor living, potential expansion, or creative development while the canyon backdrop delivers a serene, resort-like feel rarely found this close to everything San Diego has to offer. Whether you’re an investor seeking your next value-add project or a buyer looking to create a custom canyon-view home, this property combines location, lot size, energy efficiency, and upside into one compelling opportunity. ***