First time on the market in 40 years! Investor special. This 3-bedroom, 2-bath home offers solid bones, a generous lot, and excellent ADU potential. The property needs TLC and updating, making it ideal for investors, flippers, or anyone looking to add value. Located in a well-established neighborhood with convenient access to schools, parks, and major freeways. A rare opportunity to transform a long-held property with plenty of upside.
For sale
$535,000
866 Merlin Dr, San Diego, CA 92114
3beds
1,190sqft
Est.:
Single Family Residence
Built in 1952
6,098.4 Square Feet Lot
$536,700 Zestimate®
$450/sqft
$-- HOA
What's special
Solid bonesGenerous lot
- 30 days |
- 4,569 |
- 159 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 06:59pm
Listed by:
Olufemi Ajigbotafe DRE #02248425 213-840-8581,
San Terra Properties
Source: SDMLS,MLS#: 250043921
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air Unit
Cooling
- N/K
Appliances
- Included: N/K
- Laundry: Electric, Gas
Interior area
- Total structure area: 1,190
- Total interior livable area: 1,190 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 1
Features
- Levels: 2 Story
- Pool features: N/K
- Fencing: Partial
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: 5432031500
- Zoning: R-2:MINOR
- Zoning description: R-2:MINOR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Encanto (31424)
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $42,675
- Annual tax amount: $1,094
- Date on market: 11/13/2025
- Listing terms: Cash,Conventional
Estimated market value
$536,700
$510,000 - $564,000
$2,796/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $535,000$450/sqft |
Source:  SDMLS #250043921 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,094 +99.3% | $42,675 +2% |
| 2024 | $549 +2.4% | $41,839 +2% |
| 2023 | $536 +2.7% | $41,019 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,306/mo
Principal & interest
$2597
Property taxes
$522
Home insurance
$187
Climate risks
Neighborhood: Emerald Hills
Nearby schools
GreatSchools rating
- 4/10Encanto Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Millennial Tech Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Lincoln High SchoolGrades: 9-12Distance: 1.4 mi
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