155 Walnut Drive Chula Vista, CA $1,329,000

155 Walnut Drive | Chula Vista (91911) Woodlawn Park

$1,329,000 | 4 Beds | 3 Baths (2 Full) | 2,168 Sq. Ft.

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. CRMLS PTP2604064

Directions to property: Orange Ave to Max to Walnut [Cross Street(s)]: Max Street

MLS Listing ID: 
CRMLS PTP2604064
Purchase
Community Information
School District: 
Sweetwater Union
Association Fee: 
$0
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
2021
Living Area: 
2,168
Fireplaces: 
None
Construction
Construction Materials: 
Wood Siding, Stucco
Foundation Details: 
Concrete Perimeter
Roof: 
Composition
Porch: 
None
Room Details
Details about the rooms in the building.
Total Bedrooms: 
4
Total Bathrooms: 
3
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric, Wall Furnace
Cooling System: 
None
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.32
Lot Size (Area): 
14,125
View: 
Park/Greenbelt
Lot Features
Parking Type: 
Pull-through, None, On Site, RV Potential
Garage: 
2
Pool: 
None
Fence: 
Excellent Condition
Public Record
Parcel Number: 
6240324600
Listing Dates
Dates involved in the transaction.
Listing Date/Time: 
5/27/2026
Listing Entry Date/Time: 
5/27/2026
Status Change Date/Time: 
5/26/2026
Contract Details
Details about the listing contract.
Inclusions: 
All appliances in main home
Exclusions: 
staging furniture
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Laura Steffen
Listing Co-Agent Name: 
Sal Aguilera
Listing Office Name: 
Coldwell Banker West
Listing Co-Office Name: 
Coldwell Banker West

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