
San Diego, California 92103
This Luxury Penthouse represents a Strong Value Opportunity, listed at $4,299,000—positioned well below the $4,775,843 Fair Market Value by 9%. This valuation gap offers $476,843 in Instant Equity for the discerning buyer. Boasting an Excellent Condition Rating, the residence features panoramic Balboa Park views, a private in-home elevator, and two generous view patios. Located in a premier walkable district near top-rated McKinley Elementary, this property is an ideal acquisition for high-net-worth individuals or sophisticated owner-occupants seeking an irreplaceable urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500 6th Ave. Ph5 Subject 4 bd · 5 ba · 4,715 sqft · $1,013 | $4,299,000* List Price | 4 | 5 | 4,715 | $1,013 | - |
A 2855 5th Avenue 1302 Sold 2 bd · 4 ba · 3,810 sqft · $1,125 · 0.2 mi | $4,285,000 | 2 | 4 | 3,810 | $1,125 | 0.2 mi |
B 2500 6th Ave. Ph5 Active 4 bd · 5 ba · 4,715 sqft · $923 | $4,350,000 List Price | 4 | 5 | 4,715 | $923 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2005 (21 years old), the property presents in mint condition with high-end finishes and modern aesthetics consistent with a recent luxury renovation (likely within the last 2 years given the significant price appreciation since 2024). The interior features pristine hardwood flooring, updated lighting, modern wall treatments, and seamless indoor-outdoor living spaces with no visible maintenance needs.
Elementary School: McKinley Elementary School (9/10).
Situated directly on the edge of Balboa Park in Bankers Hill, this penthouse offers rare, uninterrupted park views and immediate walkability to world-class museums, theaters, and dining.
With over 4,700 square feet of living space, a private in-home elevator, and a gallery-style foyer, the property provides the scale and privacy of a grand estate within a high-end condominium setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4715, other record living area = 2625. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The monthly association fee of approximately $2,498 is substantial, which may be a deterrent for buyers sensitive to high ongoing non-mortgage expenses.
While the area offers some high-performing elementary options, the assigned middle and high schools have lower ratings, which could impact appeal for families focused on top-tier public education.
Poised directly on the edge of Balboa Park, this extraordinary two-story penthouse occupies one of San Diego’s most sophisticated, private, and coveted residential addresses. Located in Bankers Hill, the home spans approximately 4,715 square feet and offers uninterrupted park views from nearly every room, a setting that is both serene and irreplaceable. A private foyer creates a graceful, gallery-style arrival, while a private in-home elevator supports effortless living over time. Two generous view patios, a rare offering within the building, extend the residence outward into the park landscape. Four bedrooms, an open second-level den, four and one-half baths, and three parking spaces complete this exceptional penthouse, just steps from Bankers Hill’s celebrated cafés, acclaimed restaurants, Balboa Park’s museums and theaters, and a long-established community defined by walkable, everyday living.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,715 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $4.30M | $598.4K |
| Price per sq ft | $912 | $607 |
| Built year | 2005 | 1986 |
| HOA | $2498.01 | $536 |
| Days on market | 23 | 58 |
Oct 2, 2026
$4,299,000
Initial Listing
Nov 20, 2024
$1,950,000
Public Record
Apr 22, 2015
$1,300,000
Public Record
Nov 3, 2003
$914,500
Public Record