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

1010 Myrtle Way
San Diego, California 92103
Property Price
SUMMARY
Analysis of 1010 Myrtle Way, San Diego, California 92103 is currently available with a list price of $5,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, this property shows signs of being well-maintained but significantly outdated. The kitchen features some updated stainless steel appliances (Wolf range), but the black cabinets, white countertops, and highly personalized, dated tile backsplash would require substantial aesthetic renovation. Bathrooms are consistently dated in style, fixtures, and materials, with one even featuring a very niche 'Grateful Dead' mosaic shower. While functional, the overall aesthetic, flooring, and lighting throughout the home are from an older era, suggesting renovations likely occurred 20-40 years ago. The property's own analysis notes it 'likely requires substantial investment for modernization, system upgrades, and aesthetic renovations to align with current luxury market expectations,' aligning with the 'Fair' category's description of major components being functional but showing signs of being outdated and requiring more than minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 & Private Estate
A rare 0.7-acre lot in a desirable urban setting, offering significant space, mature landscaping, and exceptional privacy, with potential for a larger 1.3-acre estate if both parcels are acquired.
- Historic & Unique Pedigree
Known as the 'Walton Estate,' this property boasts a rich history and unique character, including an original 1,000 sqft bar room, appealing to buyers seeking a distinctive and storied residence.
CONSRISKS & DEFICIENCIES
- Age and Renovation Potential
Built in 1940, the property likely requires substantial investment for modernization, system upgrades, and aesthetic renovations to align with current luxury market expectations.
- High Entry Price Point
The $5,000,000 list price targets a very niche buyer demographic, potentially leading to a longer market time compared to properties in lower price tiers.
- Personalized Aesthetic
Described as 'lived in and loved' with 'layers of life,' the home's current aesthetic may be highly personalized, requiring buyers to undertake significant design changes to suit their taste.
About 1010 Myrtle Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 30,829 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Birney Elementary School
Grades K-5 • 1.0 mi
Roosevelt International Middle School
Grades 6-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 97% |
| Baths | 8.0 | 3.0 | 97% |
| Square foot | 6,309 | 1,967 | 98% |
| Lot Size | 30,829 | 5,000 | 98% |
| Price | $5.00M | $1.78M | 97% |
| Price per sq ft | $793 | $959 | 27% |
| Built year | 1940 | 1936 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 242 | 158 | 86% |
Pricing History
Listed for Sale
Jul 9, 2025
$5,000,000
Initial Listing






































































