1010 Myrtle Way, San Diego, California 92103, San Diego, 92103 - 7 bed, 8 bath

1010 Myrtle Way, San Diego, California 92103 home-pic-0
ACTIVE$5,000,000
1010 Myrtle Way, San Diego, California 92103
7Beds
8Baths
6,309Sqft
30,829Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30829, living area = 6309.
Top Cons:
Potential for Modernization: Built in 1940, the property's 'lived-in' character suggests it may require significant updates or renovations to align with contemporary luxury standards and buyer expectations.

Compared to the nearby listings

Price:$5.00M vs avg $1.90M (+$3,100,000)99%
Size:6,309 sqft vs avg 1,967 sqft99%
Price/sqft:$793 vs avg $93324%

More Insights

Built in 1940 (85 years old).
Condition: Built in 1940, this property retains much of its original character and has not undergone a full modern renovation. While the exterior appears well-maintained and solar panels are a modern addition, the interior, particularly the kitchen and bathrooms, show significant signs of being outdated. The kitchen features black cabinets with decorative, colorful tiles and older countertops, requiring a complete overhaul to meet contemporary standards. Bathrooms also exhibit older fixtures and tilework. Flooring throughout is a mix of older tiles and some darker, potentially original, surfaces. The description itself notes the 'lived-in' character and 'potential for modernization,' aligning with a property that is maintained but requires substantial updates to align with current tastes and functionality. It is not in 'poor' condition as major defects are not apparent, but it's far from 'good' or 'excellent' due to the dated interior finishes.
Year Built
1940
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$793
HOA
-
Days on market
-
Sold On
-
MLS number
250033066SD
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View

About this home

After four decades, the Walton Estate is hitting the market! This is a rare opportunity to own 1.3 acres in Hillcrest / Marston Hills if you purchase both parcels together—1010 and 1034 Myrtle Way. 1010 Myrtle sits on .7 acres and offers a piece of San Diego history that rarely comes up for sale. The main home is generous—seven bedrooms, eight baths, each with its own en suite, nearly 6,300 square feet of living space. The bar room is the original 1,000 square feet of the house where everything began. The current primary suite has a private garden and could be converted to an ADU if you’re looking for flexible space. Out back, you’ll find a pool and grotto inspired by Bill and Lori Walton’s travels to Australia, surrounded by mature landscaping and private paths that weave through waterfalls and a 100 year old Tipowana tree. This home is real, lived in and loved. Layers of life, gatherings, music, and memory fill these walls. The property is quiet, with space to roam and room to grow, just minutes from Balboa Park and the Zoo. This is a rare chance to take something with so much history and make it your own.

Nearby schools

8/10
Birney Elementary School
Public,K-51.0mi
5/10
Roosevelt International Middle School
Public,6-80.4mi
Condition Rating
Fair

Built in 1940, this property retains much of its original character and has not undergone a full modern renovation. While the exterior appears well-maintained and solar panels are a modern addition, the interior, particularly the kitchen and bathrooms, show significant signs of being outdated. The kitchen features black cabinets with decorative, colorful tiles and older countertops, requiring a complete overhaul to meet contemporary standards. Bathrooms also exhibit older fixtures and tilework. Flooring throughout is a mix of older tiles and some darker, potentially original, surfaces. The description itself notes the 'lived-in' character and 'potential for modernization,' aligning with a property that is maintained but requires substantial updates to align with current tastes and functionality. It is not in 'poor' condition as major defects are not apparent, but it's far from 'good' or 'excellent' due to the dated interior finishes.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30829, living area = 6309.
Expansive Lot & Privacy: A rare 0.7-acre parcel in the urban Hillcrest/Marston Hills neighborhood, offering exceptional space, mature landscaping, and significant privacy.
Historical Significance: Described as a 'piece of San Diego history' and a 'rare opportunity,' providing unique character and exclusivity that appeals to discerning buyers.
Generous Living Space: Nearly 6,300 sqft with 7 bedrooms and 8 en-suite bathrooms, offering substantial room for large families, guests, or multi-generational living, with ADU potential.
Luxurious Outdoor Oasis: Features a unique pool, grotto with waterfalls, and mature, private landscaping, creating a resort-like backyard experience inspired by international travels.
Premier Location: Situated in the desirable Hillcrest/Marston Hills area, minutes from Balboa Park and the San Diego Zoo, offering convenience to major attractions and a prestigious address.

Cons

Potential for Modernization: Built in 1940, the property's 'lived-in' character suggests it may require significant updates or renovations to align with contemporary luxury standards and buyer expectations.
High Maintenance Demands: The extensive 0.7-acre grounds with elaborate landscaping, private paths, and water features will likely incur substantial ongoing maintenance costs and effort.
Limited Buyer Pool: The $5,000,000 list price targets a very niche market segment, which could potentially extend the property's time on market.

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