$1,200,000
●
House -
Off Market
3049 Millar Ranch Rd
Spring Valley, CA 91978
5 Beds
3 Baths
4,019 Ft²
$6,138
Est. Monthly
About This Property
Welcome to the ultimate multigenerational masterpiece-where
privacy, practicality, and panoramic views collide in spectacular
fashion! Tucked just off the 94 and only minutes from all the
amenities of Rancho San Diego, this one-owner, 5-bedroom,
3-bathroom, 4,019 sq. ft. home has everything you didn't know you
needed-plus an elevator (yes, really), a massive 1,121 sq. ft.
garage, and even a fire hydrant right at the top of the driveway
for added peace of mind. (Go ahead and tell your insurance
agent!)Let's talk versatility: Downstairs, you'll find a cozy bonus
room with a fireplace and built-in bar-ideal for your home theater,
in-law suite, or easily converted into a full second kitchen for
true multigenerational living. Upstairs, you'll glide up in the
elevator (because why not?) and be greeted by breathtaking mountain
views, a spacious primary suite, and a sun-drenched family room
with its own viewing terrace.The oversized kitchen is an
entertainer's dream, featuring upgraded appliances, granite
countertops, and storage galore inside custom cabinets that would
make even a pro chef swoon. Hosting gatherings? Step outside to the
covered deck and upgraded pool with new equipment-it's the perfect
setting for barbecues, birthdays, or quiet evenings under the
stars.Want energy efficiency? You got it. This home boasts a 2024
roof, leased solar, and space to stretch out, grow in, and truly
thrive. Whether you're accommodating aging parents, raising a big
family, or just want room to live life large, this home flexes with
you. List of Improvements Kitchen appliances: 2023 Oven
GE All Profile 2023 Dishwasher GE All Profile 2022 Refrigerator GE
All Profile 2023 Microwave GEAll Profile Washer and Dryer
2023 GE 2024 painted the following rooms Primary Bedroom,
Hallway, Family Room,Upstairs and Kitchen New Roof 2024 Painted
garage floor 2023 Septic Certification 2024 Termite Tented 2024
Replaced all viewing terrace upstairs outdoor railing and
stairs 2022 New paint on viewing terrace floor 2024 Upgraded
downstairs decking 2024 and painted Viewing Terrace installed
2022 Replaced garage door trim 2024 Upgraded driveway
concrete 2024 Resurfaced all pool, spa, coping, patio and
retaining wall 2024 New pool equipment 2023 Electric
water heater replaced approx. 4 years ago
Unit Size
4,019 Ft²
Days on Market
214 days
Land Size
-
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (SDMLS #250026892SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$1,250,000
↓ $45K
(3.5%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by HomeSmart Realty West | $1,295,000 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Jamul
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Listed by: Julianne Pulido, HomeSmart Realty West
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 250026892SD
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 250026892SD
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