
4811 Alder Drive
DSan Diego, CA 92116
Soft Appraisal Value: $2,420,600 · 2.0% above estimate
Beds
5
Baths
4
Sqft
3,222
Year Built
1943
Days on Market
55
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2602637
This property is in San Diego (92116). View neighborhood stats →
About This Property
Designed for those seeking space, flexibility, and classic Kensington charm, 4811 E Alder Drive is a beautifully renovated single-family home set on an expansive ½-acre lot in one of San Diego’s most sought-after neighborhoods. This 3,222 sq ft residence offers rare privacy, no HOA, and a highly adaptable layout ideal for modern living. The home features four bedrooms plus a bonus fifth bedroom suite with a private entrance, creating an ADU-style setup perfect for extended family, visiting guests, or income potential. Thoughtfully designed for both everyday living and entertaining, the property includes a private heated pool, multiple indoor and outdoor gathering areas, and modern upgrades throughout. The main living spaces flow effortlessly, while the lower level offers an impressive entertainment area and dedicated wine room. A private lower-level suite includes a spacious bedroom, full bathroom, kitchenette, and separate exterior entrance, ideal for multi-generational living or extended stays. A sunroom-style bonus space beneath the home adds flexibility for a gym, studio, or private retreat. Located in a walkable Kensington neighborhood, this move-in-ready home is close to schools, parks, dining, shopping, and convenient transportation routes. With its generous lot size, modern renovations, and versatile living options, this property delivers a rare blend of space, comfort, and timeless neighborhood appeal in the heart of San Diego.
Mortgage Calculator
Est. Monthly Payment
$15,674
Location
Loading map...
Comparable Properties
2 comps foundThis Property
$7,084
Comp Average
$7,392
1414 Franciscan Way
5bd / 3.5ba · 3,826 sqft · Single Family
$2.79M
Est. $7,866/mo
5038 Hastings Road
4bd / 3ba · 2,180 sqft · Single Family
$2.46M
Est. $6,918/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Get Expert AnalysisOpen Full Calculator