
San Diego, California 92103
This Luxury Penthouse Residence is a High-Potential Investment Opportunity, listed at $4,500,000—positioned well above the $4,350,600 Fair Market Value by -3%. While the property requires modernization, its Condition Rating of 4 reflects original 2003 finishes, offering a blank canvas for high-end customization. Featuring panoramic bay and ocean views, a 45-foot wraparound terrace, and 24-hour concierge services, this home provides an iconic urban lifestyle. It is an ideal acquisition for Luxury Homeowners or Sophisticated Investors seeking a premier Bankers Hill asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500 6th Avenue Penthouse 3 Subject 4 bd · 5 ba · 4,715 sqft · $923 | $4,500,000* List Price | 4 | 5 | 4,715 | $923 | - |
A 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 moderate renovation needed.
Built in 2003, the property is 23 years old and appears to retain its original construction finishes. While the penthouse is well-maintained and functional, the bathroom cabinetry, tile work, and elevator wood-paneling are dated, meeting the criteria for a property over 20 years old that requires modern updates.
Elementary School: McKinley Elementary School (9/10).
The penthouse features a 45-foot wraparound terrace and an additional upper-level balcony, providing unparalleled panoramic views of the San Diego Bay, Pacific Ocean, and the downtown skyline.
Spanning 4,715 square feet across two levels, the residence offers a rare sense of volume for urban living, highlighted by walls of glass, a private interior elevator, and a dramatic sculptural spiral staircase.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 29702. 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 $2,498 is significant, which may deter buyers sensitive to high recurring ownership expenses despite the luxury amenities provided.
With 86 days on the market and a recent $275,000 price reduction, the property is experiencing extended market time, suggesting the current price point may still be searching for alignment with buyer demand.
An exceptional penthouse defined by its views. Set within one of Bankers Hill’s most distinguished residential buildings, this two-story Park Laurel residence captures sweeping views of San Diego Bay, Pacific Ocean, downtown skyline, and distant horizons. Spanning approximately 4,715 square feet, the home offers four bedrooms, four and one-half baths, expansive entertaining spaces, remarkable outdoor terraces, and a dramatic sense of scale. A 45-foot wraparound terrace extends the main level toward the skyline, bay, and ocean. An upper-level terrace, accessed from the primary suite and loft, offers the same elevated outlook above the city. Walls of glass, gracious proportions, and an open second-level loft overlooking the main living areas enhance the home’s impressive architectural volume. Two fireplaces, a sculptural spiral staircase, a private foyer, and interior elevator create a refined living experience. Additional highlights include three gated garage parking spaces and two storage areas. Residents enjoy Park Laurel’s 24-hour concierge front desk services, pool, spa, fitness center, and a premier location next to Balboa Park, with The Old Globe, museums, renowned restaurants, cafés, Little Italy, downtown, and the waterfront all within walking distance. This residence embodies a rare combination of luxury, convenience, and iconic San Diego 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 | 0.68 | 75,257.211 |
| Price | $4.50M | $598.4K |
| Price per sq ft | $954 | $607 |
| Built year | 2003 | 1986 |
| HOA | $2498.0 | $536 |
| Days on market | 108 | 58 |
Aug 2, 2026
$4,500,000
$4,775,000
-6% Price Drop
Initial Listing
Jul 9, 2026
$4,775,000
Initial Listing
May 3, 2022
$2,255,500
Public Record
Aug 25, 2003
$795,000
Public Record