
San Diego, California 92110
This Reimagined Custom Coastal Residence is a Prime Investment Opportunity, listed at $2,295,000—positioned well below the $2,382,976 Fair Market Value by 3%. This valuation provides $87,976 in Instant Equity for a property in Mint Condition. The 3,838 sqft interior features a chef’s kitchen and a primary suite with peek-a-boo water views, while the exterior boasts a 2021 automated pool and 23 owned solar panels. Located in desirable Bay Park near Mission Bay, this home is an ideal acquisition for Owner-Occupants or lifestyle-oriented buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1550 Morenci St Subject | $2,295,000* List Price | 5 | 4 | 3,838 | $621 | - |
A 1550 Morenci St Active | $2,295,000 List Price | 5 | 4 | 3,838 | $598 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the home has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern chef's kitchen with Viking appliances and waterfall countertops, spa-inspired bathrooms, and updated systems including a 2021 automated pool and owned solar panels.
The property features a smart, fully automated pool completed in 2021 and 23 fully owned solar panels, providing a high-end resort feel with significant energy cost savings.
At 3,838 square feet, this residence is significantly larger than many homes in the Bay Park area, offering a rare 5-bedroom, 4-bathroom configuration that accommodates large families or multi-generational living.
The home boasts a chef’s kitchen with bespoke cabinetry and premium appliances, paired with a primary suite that offers peek-a-boo water views, reflecting superior craftsmanship compared to standard area remodels.
With a nearly 4,000 square foot home on a 5,600 square foot lot, the outdoor space is largely occupied by the pool, leaving minimal traditional yard or green space for pets and play.
The recent $100,000 price reduction and a list price currently positioned below its previous 2025 sale price suggest the property is navigating a sensitive price ceiling for the immediate neighborhood.
INCREDIBLE VALUE IN BAY PARK! Discover elevated coastal living at 1550 Morenci Street, a thoughtfully reimagined custom residence just moments from all the dining, shopping, and charm Bay Park has to offer and the outdoor beauty of Mission Bay. This stunning 5 bedroom, 4 bathroom home blends modern sophistication with everyday comfort in a truly prime location. Inside, expansive open-concept living spaces are accented by refined finishes and designer details throughout. The chef’s kitchen is a showpiece, featuring bespoke cabinetry, premium countertops, and high-end appliances ideal for entertaining or relaxed gatherings at home. The serene primary suite serves as a private retreat, complete with a spa-inspired bathroom and a peek-a-boo water view. Step outside to a resort-style backyard highlighted by a smart, fully automated pool completed in 2021, offering effortless enjoyment year-round. With 23 fully owned solar panels, energy efficiency meets peace of mind. Perfectly positioned near Mission Bay, parks, and endless recreational opportunities, this exceptional home delivers luxury, lifestyle, and convenience in one of San Diego’s most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 87% |
| Square foot | 3,838 | 1,645 | 95% |
| Lot Size | 5,600 | 6,250 | 38% |
| Price | $2.29M | $1.52M | 92% |
| Price per sq ft | $598 | $929 | 5% |
| Built year | 2003 | 1958 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 99 | 15% |
Apr 19, 2026
$2,295,000
$2,395,000
-4% Price Drop
Initial Listing
Feb 27, 2026
$2,395,000
Initial Listing
Mar 19, 2025
$2,325,000
Public Record
Jun 30, 2017
$1,260,000
Public Record
Sep 6, 2001
$320,000
Public Record