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4505 Palo Verde Terrace, San Diego, CA 92115

$2.79M4bd · 5ba · 4,342 sqft
Lot 4 sqft•HOA $2665/mo•Single Family Residence•
Active
•25d on market•MLS# 8N-2609391

Property Description

VIEWS! VIEWS! VIEWS! Set behind its own private gate in the sought-after community of Alvarado Estates, this home offers a rare blend of privacy and refined living. As you enter into the elegant formal living room, you will find floor-to-ceiling windows with spectacular panoramic views that open to a view-facing patio -an ideal setting to take in breathtaking canyon views, spectacular sunsets and city lights. The formal dining room is equally inviting, featuring custom built-in cabinetry and more views that create a beautiful backdrop for special gatherings. At the heart of the home, the 'great' room brings the family room/gourmet kitchen together with rich, light hickory flooring, custom built-in cabinetry, and a fireplace to enjoy from both rooms. The chef’s kitchen features premium built in Dacor and Sub-Zero appliances, 3 ovens, a 6-burner gas cooktop, warming drawers, separate refrigerator/freezer, wine fridge, prep sink, dishwasher, and an impressive walk-in pantry. The primary suite offers a peaceful retreat with expansive views, cozy fireplace, generous walk-in closet, and a luxurious soaking tub and separate shower. Two additional ensuite bedrooms and a dedicated guest room/office offer added living flexibility. Central air conditioning ensures year-round comfort, while a spacious laundry room adds to everyday convenience. An attached three-car garage provides ample space for vehicles and storage. The grounds invite indoor/outdoor living on every level, with a pergola-covered seating area, tranquil water feature, firepit with built-in seating, turf, raised garden beds, and an array of mature fruit trees. An unfinished walk-out basement presents an exciting opportunity to expand and customize the home to suit your vision. With its gated, private setting, amenities, and captivating views, this is a rare opportunity to experience elevated estate living in one of San Diego’s most desirable communities.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
3
Cooling
Central Air
View
City Lights, Mountain(s), Panoramic, Valley
City
San Diego
Zip Code
92115
County
San Diego
Listed byCompass, Katrina Butts

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$14,133.04
Principal & Interest
Loan Amount
$2,236,000
Total Interest
$2,851,895
Total Payment Over 30 Years
$5,087,895
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

Luxury Tier · 0 active · 3 closed

4505 Palo Verde Terrace, San Diego, CA 92115

San Diego · Single Family Residence

$2.79M
Luxury Tier
Beds
4
Baths
5
Sqft
4,342
Lot
4.14 ac
Year
1993
$/Sqft
$644
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 12.8% above the median closed sale of $2,477,325. Price per sqft ($644) is a 27% discount to closed comps ($887). Expect a longer timeline — comps averaged 133 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.79M· $644/sqft
Total list price
Closed comps
vs closed median $2.48M
+$318K (+12.8%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4664 YERBA SANTA DRIVESan Diego195605/05/2026443,17284,071$2.85M$2.83M$8910.9920980
5038 Hastings RoadSan Diego194606/19/2026432,18010,454$2.46M$2.48M$1,1361.004566
7056 Del Cerro BoulevardSan Diego198401/02/2026433,78416,624$2.44M$2.40M$6340.9814432
Total: 3 · Average4.03.33,045.33337,049.667$2.57M$2.57M$887—132.66666666666666
Median3,172$2.48M$2.48M

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.