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4811 E Alder Dr, San Diego, CA, 92116

5beds
4baths
3,222sqft
$2,459,000
$763price/sqft
$16,172/moest. monthly cost
$646,880/yrincome needed

About This Home

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.

Getting Around

53
WalkingSomewhat Walkable
45
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

5/10
3/10
Wilson Middle SchoolGrades 6-81.1 mi
4/10
Hoover High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1943

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: 6 Burner Stove,Dishwasher,Freezer,Gas Cooking,Gas Cooktop,Disposal,Water Heater
  • Laundry features: Washer Hookup,Gas Dryer Hookup,Laundry Room

Bathroom

  • Features: Bathtub,Hollywood Bath,Separate Shower,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Open Floorplan
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Dual

Interior Area

  • Total interior livable area: 3,222 sqft

Kitchen

  • Features: Kitchen/Family Room Combo,Quartz Counters,Remodeled,Updated Kitchen

Property

Details

  • Parcel number: 4652900400
  • Zoning: R-1:SINGLE FAM-RES
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 2
  • Private pool: Yes
  • Pool features: Gas Heat,Heated,In Ground,Private
  • Exterior features: Awning(s)
  • Has view: Yes
  • View description: Canyon,Pool,Trees/Woods

Lot

  • Lot size: 0.57 Acres
  • Features: 0-1 Unit/Acre,Cul-De-Sac,Front Yard,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,434$149,208
Home Insurance *$392$4,704
Property Taxes $2,656$31,872
Electricity $690$8,290
Total$16,172$194,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$554,468/yr
40% on housing$485,160/yr
45% on housing$431,253/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$763This listing

vs Other Active Listings

Avg $/sqft

ZIP 92116$626
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92116$993
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$2,469,000
2026-03-20Price change$2,495,000
2025-09-18Price change$2,650,000
2025-07-19Price change$2,699,999
2025-04-17Price change$2,599,900
2025-01-29Listed for sale$2,699,900
2024-12-13Listing removed$2,660,000
2024-12-12Price change$2,660,000
2024-10-04Listed for sale$2,695,000
2023-09-06Listing removed--
2023-08-15Price change$2,374,000
2023-06-09Listed for sale$2,499,000
2022-10-16Listing removed--
2022-09-17Listed for sale$2,399,000
1997-10-24Sold$15,000

For Sale by Agent

AgentNick Wright, Compass
BrokerageCompass

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