$950,000
Original price: $975,000
- 7 Beds
- 4 Baths
1040 Gillespie Dr, Spring Valley, CA 91977
Est. Mortgage $5,981/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2021
Local Information
-- mins to
About this House
TWO ALMOST NEW MANUFACTURED HOMES ON LARGE LOT ON PRIVATE STREET. PLENTY OF PARKING. YARDS. LOW MAINTENANCE. DOUBLE SINKS AND WALK-IN CLOSETS IN THE MASTER'S. LAUNDRY ROOMS. OPEN FLOOR PLANS. ISLAND KITCHENS. PULLS IN $7,050mth IN RENT!
Last check for updates: about 11 hours ago
Listing courtesy of Brian Turner DRE #01183765, (619) 246-8012
Cabrillo Mortgage & Realty Service
Originating MLS: SDMLS
Source: SDMLS, MLS#260005450

Also Listed on SDMLS.
Home Details for 1040 Gillespie Dr
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Heating & Cooling Air Conditioning: Central Forced Air |
Levels, Entrance, & Accessibility Number of Stories: 1Levels: 1 Story |
Security Security: N/K |
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Exterior Home Features Roof: CompositionFencing: Partial |
Frontage Not on Waterfront |
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Days on Market: 180+ |
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Year Built Year Built: 2021 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Building Name: NKConstruction Materials: Other/Remarks |
Property Information Parcel Number: 5845101900 |
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Price List Price: $950,000 |
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MLS Status: ACTIVE |
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Direction & Address City: Spring ValleyCommunity: SPRING VALLEY |
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Listing Agent Listing ID: 260005450 |
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Building Area Building Area: 2729 Square Feet |
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Association for this Listing: SDMLS |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity, Gas/Propane, Trash |
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Mls Number: 260005450Showing Service Name: None |
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Source Internet Entire Listing Display |
Around this home
What Locals Say about Spring Valley
At least 380 Trulia users voted on each feature.
84 % Say car is needed
79 % Say it's dog friendly
67 % Say parking is easy
66 % Say there's holiday spirit
64 % Say yards are well-kept
61 % Say there are sidewalks
53 % Say there's wildlife
52 % Say it's quiet
48 % Say kids play outside
47 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
38 % Say people would walk alone at night
38 % Say streets are well-lit
31 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Spring Valley
Last updated August 2026
Avg. sale price
$757K
$13.33KMoM
Sale-to-List Price
100.4%
Price per sq ft
$504
$13MoM
Available listings
115
4MoM
Home Value
Trulia Estimate
$959KSince last month
Decreased$9K (-0.9%)Since last year
Decreased$93K (-8.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -18% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $959K |
| August 2026 | $968K |
| July 2026 | $1.02M |
| June 2026 | $1.02M |
| May 2026 | $1.07M |
| April 2026 | $1.06M |
| March 2026 | $1.07M |
| February 2026 | $1.05M |
| January 2026 | $1.05M |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $815,000 | 03/06/26 | 4 | 3 | - | |
0.54 | Multi-Family Home | $1,075,000 | 06/02/26 | 6 | 5 | - | |
0.86 | Multi-Family Home | $1,000,000 | 01/26/26 | 6 | 3 | 2,240 | |
0.61 | Multi-Family Home | $975,000 | 09/24/25 | 7 | 5 | 2,700 | |
0.56 | Multi-Family Home | $4,150,000 | 12/16/25 | 5 | 2 | 10,188 | |
1.29 | Multi-Family Home | $725,000 | 07/17/26 | 6 | 2 | - | |
1.49 | Multi-Family Home | $960,000 | 01/30/26 | 7 | 3 | - | |
1.29 | Multi-Family Home | $865,000 | 01/13/26 | 5 | 2 | 1,664 | |
1.15 | Multi-Family Home | $870,000 | 05/14/26 | 3 | 2 | - | |
1.57 | Multi-Family Home | $1,035,000 | 12/19/25 | 6 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
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0.02 | $808,800 | 3 | 1 | 1,042 | Off Market | |
0.07 | $740,000 | 4 | 2 | 1,221 | Recently Sold | |
0.09 | $759,000 | 4 | 2 | 1,221 | For Sale | |
0.09 | $475,000 | 3 | 1.5 | 1,224 | Recently Sold | |
0.13 | $797,700 | 3 | 2 | 1,170 | Off Market | |
0.14 | $785,000 | 3 | 2 | 1,232 | Recently Sold | |
0.15 | $745,000 | 3 | 1.5 | 1,170 | Recently Sold | |
0.16 | $750,000 | 3 | 2 | 1,246 | Recently Sold | |
0.15 | $972,100 | 6 | 3.5 | - | Off Market | |
0.17 | $819,900 | 3 | 2 | 1,370 | Off Market | |
0.17 | $815,000 | 4 | 3 | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 17, 2026 Source: SDMLS #260005450 | PriceChange | $950,000 Price decreased by 3% |
Aug 29, 2026 Source: SDMLS #260005450 | PriceChange | $975,000 Price decreased by 5% |
Aug 11, 2026 Source: SDMLS #260005450 | Listed For Sale | $1,025,000 |
Jul 3, 2026 Source: SDMLS #260005450 | ListingRemoved | $1,025,000 |
Jul 3, 2026 Source: SDMLS #260005450 | Pending | $1,025,000 |
Jun 24, 2026 Source: SDMLS #260005450 | PriceChange | $1,025,000 Price decreased by 5% |
May 23, 2026 Source: SDMLS #260005450 | Pending | $1,075,000 |
May 14, 2026 Source: SDMLS #260005450 | PriceChange | $1,075,000 Price increased by 5% |
May 12, 2026 Source: SDMLS #260005450 | PriceChange | $1,025,000 Price decreased by 5% |
Mar 8, 2026 Source: SDMLS #260005450 | Listed For Sale | $1,075,000 |
Dec 9, 2025 Source: SDMLS #250025023 | ListingRemoved | $1,075,000 |
Sep 29, 2025 Source: SDMLS #250025023 | Listed For Sale | $1,075,000 |
Jul 19, 2025 Source: SDMLS #250025023 | ListingRemoved | $1,115,000 |
Jul 1, 2025 Source: SDMLS #250025023 | PriceChange | $1,115,000 Price decreased by 5% |
Apr 21, 2025 Source: SDMLS #250025023 | Listed For Sale | $1,175,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Brian Turner, Cabrillo Mortgage & Realty Service
Agent Phone: (619) 246-8012

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
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Frequently asked questions about 1040 Gillespie Dr
- What is the estimated monthly payment for 1040 Gillespie Dr?Based on a $950,000 list price with 20% down at today's rates, the estimated monthly payment for 1040 Gillespie Dr in Spring Valley, CA is approximately $6,146 (about $5,145 principal & interest, $926 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1040 Gillespie Dr compare to homes in Spring Valley?1040 Gillespie Dr in Spring Valley, CA is listed at $950,000, about 26% above the $757K median sale price in Spring Valley.
- What do residents say about Spring Valley?Residents describe Spring Valley, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Spring Valley, CA.
- What are the closest schools to 1040 Gillespie Dr?The closest schools to 1040 Gillespie Dr in Spring Valley, CA are Kempton Street Elementary School (rated 5/10), Mount Miguel High School (rated 4/10), Science, Technology, Engineering, Arts, And Math Academy At La Presa (Elementary/Middle, rated 6/10).
- Is there a virtual tour of 1040 Gillespie Dr?Yes, a virtual tour of 1040 Gillespie Dr in Spring Valley, CA is available.
1040 Gillespie Dr, Spring Valley, CA 91977 is a 7 bedroom, 4 bathroom multi-family built in 2021. This property is currently available for sale and was listed by SDMLS on Mar 8, 2026. The MLS # for this home is MLS# 260005450.

