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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
•5d 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 byUnknown Office, 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 · 5 active · 5 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 in line with the median closed sale of $2,765,000. Price per sqft ($644) is a 22% discount to closed comps ($826). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.79M· $644/sqft
Total list price
Closed comps
vs closed median $2.77M
+$30K (+1.1%)
Active comps
vs active median $3.45M
−$655K (−19.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $889
−$245 (−27.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6442 Mesa Norte DriveSan Diego2005444,25824,393$1,022$4.35M2575
711 ArmadaSan Diego1992453,9258,199$1,401$5.50M13173
17137 Silver Gum WaySan Diego2000564,79027,007$720$3.45M2471
1414 Franciscan WaySan Diego2006543,82614,679$693$2.65M3968
18725 AVENIDA CORDILLERASan Diego1983444,24647,044$611$2.60M4161
Total: 5 · Average4.44.64,20924,264.4$889.4$3.71M52
Median4,246$3.45M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
6539 Mesa Norte Dr.San Diego200509/01/2026443,78821,780$3.85M$3.79M$9990.985371
3536 7th AVENUESan Diego190907/10/2026444,08210,500$4.50M$4.55M$1,1151.013769
15626 Peters Stone CtSan Diego201308/26/2026553,7487,373$2.75M$2.77M$7381.003968
15137 Palomino Valley PlaceSan Diego200306/24/2026554,4328,117$2.70M$2.69M$6071.007655
17007 Sienna Ridge DriveSan Diego200505/11/2026453,8669,891$2.67M$2.60M$6730.973255
Total: 5 · Average4.44.63,983.211,532.2$3.28M$3.28M$826.4—47.4
Median3,866$2.77M$2.77M

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.