4811 Alder Drive
DSan Diego, CA 92116
Soft Appraisal Value: $2,442,900 · 2.1% above estimate
Beds
5
Baths
4
Sqft
3,222
Year Built
1943
Days on Market
10
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2602637
Description
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
$15,839
Comparable Properties
5 comps foundThis Property
$7,956
Comp Average
$7,134
4778 Panorama Drive
6bd / 2ba · 2,320 sqft · Single Family
$1.80M
Est. $7,443/mo
4323 Argos
4bd / 3.5ba · 2,635 sqft · Single Family
$2.20M
Est. $6,324/mo
4374 Adams Ave
5bd / 4ba · 2,971 sqft · Single Family
$2.50M
Est. $6,574/mo
4314 Middlesex Drive
5bd / 3ba · 2,730 sqft · Single Family
$2.55M
Est. $7,461/mo
1414 Franciscan Way
5bd / 3.5ba · 3,826 sqft · Single Family
$2.79M
Est. $7,866/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITI − HOA
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.
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