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155 Walnut Drive Chula Vista, CA 91911
$1,329,000 4 beds, 3 baths
2, 168 sqft
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Photo of Brenda Vejar

Brenda Vejar REALTORĀ® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
Text Me
Call My Cell
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Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
Phone: 619-595-7020
Fax: 619-702-9044
San Diego Downtown 516 5th Ave
San Diego, CA 92101
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Exceptional Development Opportunity | Fully Rebuilt Multi-Unit Estate on Expansive Corner Lot Rarely does a property offer this level of versatility, income potential, and future development opportunity all in one beautifully curated package. Situated on an expansive 1/3-acre corner lot directly across from a beautiful park, this completely rebuilt property was thoughtfully redesigned from the ground up in 2021 and presents a truly unique opportunity for investors, developers, multigenerational families, or owner-occupants seeking long-term upside. The main residence is a stunning single-story 4-bedroom, 3-bath home featuring a spacious open-concept layout, beautifully upgraded finishes, designer staging, and an ideal split-bedroom floorplan with the private primary suite tucked away from the secondary bedrooms. The heart of the home is the expansive kitchen and living space designed for seamless entertaining and comfortable everyday living. Attached on the opposite side of the oversized two-car garage is a private 1-bedroom, 1-bath accessory dwelling unit currently generating approximately $2,000 per month in rental income, creating immediate cash flow and incredible flexibility for extended family, guests, or tenants. What truly sets this property apart is the extraordinary development potential. With the ability to add approximately 5,000 additional square feet of living space, this property offers a rare opportunity to significantly expand the existing footprint and maximize future revenue potential. The oversized corner lot features multiple gated access points, creating the ideal setup for additional units, separate entrances, private outdoor spaces, and substantial parking for RVs, boats, toys, or future tenants. Whether you envision a luxury multigenerational compound, an income-producing investment portfolio, or a future development project, the possibilities here are endless. Centrally located near major freeways, shopping, dining, and directly across from park space, this is a one-of-a-kind property combining lifestyle, location, and long-term investment value.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# PTP2604064
List price is $1,329,000
HOA Fee is $0.00
Beds: 4
Baths: 3 (2 full)
None fireplaces
Built in 2021
2,168 sqft
1 story
0.32 acres
Lot size: 0.3243
County: San Diego
Zoning: R1-10
Construction: Stucco,Wood Siding
Interior features: Bedroom on Main Level
Appliances: Gas Cooking,Disposal,Gas Range,Gas Water Heater,Refrigerator
Parking description: None,On Site,Pull-through,RV Potential
Lot description: Corner Lot,Drip Irrigation/Bubblers,Level,Value In Land
Heating/cooling: None
Heating description: Electric,Wall Furnace
MLS area: 91911 - Chula Vista

Last Updated: 6/2/2026

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This listing belongs to the 91911 - Chula Vista MLS area

Lat/Long: 32.598288, -117.044055.
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Listing Agent: Laura Steffen
Co Listing Agent: Sal Aguilera
Lic#: 01422988
Office Name: San Diego Downtown

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Brenda Vejar

Brenda Vejar REALTORĀ® - Sales Associate 619-210-5309 m
619-210-5309 o
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01422988
NRDS ID: 187003107
brendavejar@bhhscal.com

San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
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