$850,000

Welcome to 1421 Maria Ave., Spring Valley, CA 91977-VA assumable loan at 2.75% available on approved credit - a rare and valuable financing option! Home is designed for flexible multi-family living or rental income opportunities with separate entrances for both levels. This great investment is a remarkable 5 Bedroom, 4 Bathroom custom-built hillside estate offering breathtaking 270 degrees panoramic views in the sought after neighborhood of Dictionary Hill that encompass Sweetwater Reservoir, Mount Miguel, the Pacific Ocean, and the Coronado Islands. Positioned atop a private, private driveway with scenic ascent that enhances both privacy and the spectacular view. This exceptional property caters to families, savvy investors, or multi-generational households seeking versatility, privacy, and an impressive scenery. The lower level comprises a 2BR/2BA unit, while the upper level presents a 3BR/2BA layout-ideal for long- or short-term rentals, or as a primary residence with additional income units, including potential use of the converted garage as an ADU or studio. The converted garage offers two versatile bonus rooms suitable for a home office, gym, storage, or further ADU conversion possibilities. The 3 decks-two of which are covered-provide seamless indoor-outdoor living and ample space for entertaining, all while enjoying sweeping views. Additional amenities include a whirlpool tub, tastefully tiled bathrooms, hardwood and luxury vinyl plank flooring, energy efficient 8 kw solar system and abundant dual-pane windows throughout, maximizing natural light and capturing the stunning vistas. Practical features such as under-deck storage for surfboards, kayaks, or tools, a dedicated laundry room with oversized utility sink, and an expansive driveway accommodating three or more vehicles offer enhanced convenience for residents and guests. Pet-friendly yard spaces surround the property, while central and portable AC and heating provide year-round comfort. Ideally located with convenient access to great schools (just 8.5 miles to SDSU), shopping centers, restaurants, entertainment venues, and major highways (CA-125, 54, 94), this home ensures an effortless commute and accessibility throughout San Diego. With no HOA or Mello-Roos fees, the property delivers outstanding value, combining comfort and convenience in an exceptional setting. VA assumable loan at 2.75% available on approved credit - a rare and valuable financing option! Do not miss the opportunity to make this stunning estate your new home. Schedule a private tour today to explore all the possibilities.