1150 Anchorage Lane 408, San Diego, California 92106, San Diego, 92106 - 3 bed, 2 bath
Loading property details...
San Diego, California 92106
This 3-Bedroom Condominium represents a Strong Value Opportunity, listed at $1,349,000—positioned slightly above the $1,339,622 Fair Market Value. While the property requires modernization, its Fair Condition Rating reflects an opportunity to add value through interior updates. Featuring a Panoramic Bay View, resort-style amenities including a Pool and Spa, and a rare 1,658 sqft floor plan, this asset offers significant lifestyle appeal. Located in the San Diego Unified district, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime waterfront location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1150 Anchorage Lane 408 Subject | $1,349,000* List Price | 3 | 2 | 1,658 | $808 | - |
A 2915 Lawrence St. 8 Sold | $1,018,000 | 2 | 2 | 1,300 | $783 | 0.9 mi |
B 2960 Lawrence St. Sold | $1,600,000 | 3 | 2 | 1,555 | $1,029 | 0.9 mi |
C 1021 Scott 159 Active | $1,350,000 List Price | 2 | 2 | 1,526 | $885 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, the property is over 50 years old and shows dated interior elements including popcorn ceilings and older aluminum-framed sliding doors. While the unit is functional and well-maintained for its age, the lack of a recent comprehensive renovation (evidenced by older built-ins and mixed flooring) places it in the fair category, requiring modernization to meet current luxury standards.
Situated on Shelter Island, the property offers exceptional bay views and immediate proximity to yacht clubs, dining, and coastal recreation.
With 1,658 square feet and three bedrooms, this unit provides a significantly larger footprint than typical area condos, making it a rare find for the Point Loma market.
The residence is within walking distance to premium retail, coffee shops, and restaurants, offering a highly convenient resort-style lifestyle in a desirable community.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $1,077 is substantial, which may deter budget-conscious buyers and significantly increases the total monthly cost of ownership.
Constructed in 1968, the property may lack modern energy efficiencies and could require future capital improvements or interior modernization to meet contemporary standards.
BAY VIEW on SHELTER ISLAND! 3 BEDROOM CONDO WITH BALCONY VIEW AND OCEAN BREEZES!! Walking distance to the yacht club, restaurants, retail and coffee shops. Resort style living at the desirable Le Rondelet Community!! RARE OPPORTUNITY!
No exterior & parking available.
Grades K-4 • 0.3 mi
Grades 5-6 • 0.9 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,658 | 999 |
| Lot Size | 61,855.199 | 84,697.5 |
| Price | $1.35M | $604.2K |
| Price per sq ft | $814 | $618 |
| Built year | 1968 | 1985 |
| HOA | $1077.0 | $500 |
| Days on market | 7 | 53 |
Jul 15, 2026
$1,349,000
Initial Listing