06-2704 Deerpark Dr, San Diego, California 92110, San Diego, 92110 - 6 bed, 3 bath
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San Diego, California 92110
This Coastal Compound represents a High-Potential Investment Opportunity, listed at $2,800,000—positioned well below the $2,945,965 Fair Market Value by 4%. This valuation gap offers $145,965 in Instant Equity. Featuring a 1,000 sq. ft. ADU and panoramic ocean views, the property maintains a Mint Condition Rating following high-end renovations. Its flexible layout and short-term rental history provide significant income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury coastal lifestyle with built-in revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 06-2704 Deerpark Dr Subject | $2,800,000* List Price | 6 | 3 | 2,998 | $983 | - |
A 2113 2115 Frankfort St Sold | $3,300,000 | 6 | 5 | 3,737 | $883 | 0.8 mi |
B 4971 September St. Sold | $2,222,000 | 4 | 3 | 2,247 | $989 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1951 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. Images show modern bathrooms with contemporary tiling and fixtures, updated flooring, recessed lighting, and a new 1,000 sq. ft. ADU with independent HVAC systems. The exterior and interior are in mint, move-in ready condition.
The property features a rare 1,000 sq. ft. detached ADU with independent utilities and a flexible main house layout, offering significant short-term rental income or multi-generational living options.
Boasts panoramic ocean and bay views paired with a high-end backyard retreat including a barrel sauna, putting green, bocce court, and firepit, ideal for luxury entertaining.
Situated on a quiet, flat street at the top of Bay Park, the home offers rare walkability to local amenities like Sprouts and Starbucks while maintaining central access to San Diego’s beaches and downtown.
Originally built in 1951, the property may possess underlying age-related infrastructure limitations that require more maintenance than a modern construction.
With nearly 3,000 sq. ft. of living space and extensive hardscaped amenities on a 7,600 sq. ft. lot, the property may feel compact for buyers seeking traditional open lawn or garden space.
If you know, you know! Perched on one of the most desirable streets at the top of Bay Park, 2704–2706 Deerpark Drive is a rare coastal compound designed for evolving lifestyle, blending panoramic ocean and bay views, privacy, walkability, income potential, and exceptional living flexibility. The property features an approximately 2,000 sq. ft. single-story primary residence plus a townhome style, ~1,000 sq. ft. 2BR/1BA ADU with its own entrance, independent heat and air, private outdoor spaces, and stunning water views from nearly every room. The main home includes a private-entry suite configuration ideal for guests, multigenerational living, or a dedicated home office setup, offering flexibility while maintaining comfortable day-to-day livability. Outdoor spaces were designed for entertaining and everyday enjoyment with a built-in BBQ, firepit, barrel sauna, putting green, bocce area, and sunset-facing patios capturing incredible views and SeaWorld fireworks. The property has demonstrated strong historical short-term rental performance, providing additional flexibility and optional income potential. Located on a quiet, flat street just blocks from Sprouts, Starbucks, restaurants, trails, parks, and neighborhood amenities. Bay Park offers central access to Mission Bay, beaches, Downtown, the airport, USD, and more. A truly unique opportunity combining lifestyle, flexibility, and long-term value in one of San Diego’s most sought-after coastal neighborhoods. Property will be live on June 4th!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,998 | 1,645 | 90% |
| Lot Size | 7,600 | 6,200 | 77% |
| Price | $2.80M | $1.51M | 95% |
| Price per sq ft | $934 | $940 | 49% |
| Built year | 1951 | 1956 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 109 | 8% |
Jun 4, 2026
$2,800,000
Initial Listing
Sep 30, 1998
$261,500
Public Record