Property thumbnailProperty thumbnailProperty thumbnail
Active

Single Family Residence in Chula Vista, CA

155 Walnut Drive, Chula Vista, CA, 91911

Description

Bedroom

4 Rooms

Bathroom

3 Baths

Square Foot

2168 Ft

Lot Size

14125.00 Acres

Exceptional Development Opportunity | Fully Rebuilt Multi-Unit Estate on Expansive Corner LotRarely 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.

Location
Contact Agent

Chula Vista Expert Agent

Msgs from HOUSEJET. Msg/data rates may apply. Msg frequency varies. Text STOP to unsubscribe. Text HELP for help.
Submitting this form signifies you agree to our Terms of Service and Privacy Policy.

Additional Listing Details:

3 days on HouseJet

Last Refresh: 05/31/2026 10:00:03 PM UTC

MLS #: PTP2604064

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Agents: Is This Your Listing?

Listing Agent

Laura Steffen

License # 01463507

Coldwell Banker West

Phone: 619-737-2126