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12172 Gay Rio Drive, Lakeside, CA 92040

$979K4bd · 2ba · 1,645 sqft
Lot 1 sqft•Single Family Residence•
Active
•108d on market•MLS# 8P-2605447

Property Description

Welcome to a beautifully upgraded and versatile home where the possibilities are as expansive as the property itself. Tucked in the heart of Lakeside on a generous corner lot, this property offers the freedom to create your own backyard oasis. Enjoy the added value of solar for energy efficiency and a private well in the back. There's plenty of room for lush landscaping, outdoor entertaining, a pool, gardens, or all of the above The pull-through driveway and oversized lot makes plenty of space for your RV, trailers, work trucks, toys or equipment! What truly sets this property apart is the separate upper portion of the lot—a rare opportunity with incredible potential for an ADU, guest house, workshop, or multigenerational living (buyer to verify). Whether you're planning for extended family, rental income, or simply want room to expand, this home gives you all the options.. Properties that combine modern upgrades, usable land, and future potential are few and far between. Don't miss your chance to own one of Lakeside's most versatile properties!

Features & Amenities

FeeBuilt 1970

Property Details

Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
10
Garage Spaces
2
Cooling
Central Air
City
Lakeside
Zip Code
92040
County
San Diego
Listed byColdwell Banker West, Misti M Taylor

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,950.36
Principal & Interest
Loan Amount
$783,200
Total Interest
$998,928
Total Payment Over 30 Years
$1,782,128
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

12172 Gay Rio Drive, Lakeside, CA 92040

Lakeside · Single Family Residence

$979K
Residential Tier
Beds
4
Baths
2
Sqft
1,645
Lot
31,363 sqft
Year
1970
$/Sqft
$595
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 12.5% above the median closed sale of $870,000. Price per sqft ($595) is a 20% premium to closed comps ($497). Closed comps sold at 105% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $979K· $595/sqft
Total list price
Closed comps
vs closed median $870K
+$109K (+12.5%)
Active comps
vs active median $879K
+$100K (+11.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $482
+$113 (+23.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9242 Winter Gardens BlvdLakeside1949422,00010,058$448$895,0001277
1546 ArnheimEl Cajon1977421,8497,900$475$879,0003474
1695 Arnheim CTEl Cajon1977432,17612,300$491$1.07M1572
9060 Kay Jay LaneLakeside1962321,50012,632$557$835,0001572
8406 Alado PlaceEl Cajon1981431,926147,480$439$845,0001167
Total: 5 · Average3.82.41,890.238,074$482$904,60017.4
Median1,926$879,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
8416 JALAL STLakeside198707/23/2026321,56011,398$859,000$850,000$5450.997282
8618 Sky Rim DriveLakeside197108/07/2026321,92226,136$989,000$1.00M$5201.012477
8841 Gardena WayLakeside195307/28/2026321,51223,087$799,999$852,000$5631.063377
12021 McWest LaneLakeside198801/06/2026432,00612,585$750,000$870,000$4341.165276
12306 Gay Rio DriveLakeside196106/26/2026532,55019,602$1.05M$1.08M$4251.039374
Total: 5 · Average3.62.41,91018,561.6$931,400$931,400$497.4—54.8
Median1,922$870,000$870,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.