
San Diego, California 92103
This Strong Value Opportunity is a Luxury Penthouse listed at $4,350,000—positioned well below the $4,967,905 Fair Market Value by 12%. This valuation gap offers $617,905 in Instant Equity for the discerning buyer. Featuring an Exceptional Condition Rating, this 4,715 sq. ft. residence offers uninterrupted Balboa Park views, a private in-home elevator, and two view patios. With proximity to top-rated schools like McKinley Elementary, this property is an ideal acquisition for Ultra-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 Ave. Ph5 Subject | $4,350,000* List Price | 4 | 5 | 4,715 | $1,054 | - |
A 2855 5th Avenue 1302 Sold | $4,285,000 | 2 | 4 | 3,810 | $1,125 | 0.2 mi |
B 2500 6th Ave. Ph5 Active | $4,399,000 List Price | 4 | 5 | 4,715 | $933 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is 21 years old, which technically places it in the 'Fair' age bracket; however, the interior condition is exceptional. The penthouse features high-end finishes, modern hardwood flooring, updated wall treatments, and pristine architectural details. It is clearly well-maintained, functional, and move-in ready, far exceeding the 'dated' description typical of its age.
Elementary School: McKinley Elementary School (9/10).
Situated directly on the edge of Balboa Park, this penthouse offers rare, uninterrupted views and immediate access to San Diego's premier cultural and recreational hub.
Spanning over 4,700 square feet with a private in-home elevator and three dedicated parking spaces, the property provides the scale and privacy of a detached estate within a secure condominium setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4715, other record living area = 3228. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At approximately $2,498 per month, the association fees represent a significant ongoing carrying cost that may impact the overall value proposition for some buyers.
Built in 2005, the property may require aesthetic updates or system refreshes to meet the contemporary standards expected by ultra-luxury buyers in today's market.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 99% |
| Baths | 5.0 | 2.0 | 99% |
| Square foot | 4,715 | 1,125 | 99% |
| Lot Size | - | - | 50% |
| Price | $4.35M | $745.0K | 99% |
| Price per sq ft | $923 | $693 | 86% |
| Built year | 2005 | 1989 | 75% |
| HOA | $2498.01 | $585 | 99% |
| Days on market | 15 | 142 | 10% |
May 22, 2026
$4,350,000
Initial Listing
Oct 15, 2003
$1,054,500
Public Record