2623 Ocean Front Walk, San Diego, California 92109, San Diego, 92109 - 5 bed, 4 bath

2623 Ocean Front Walk, San Diego, California 92109 home-pic-0

2623 Ocean Front Walk

San Diego, California 92109

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
2,809Sq Ft
2,613.6Lot Size

Property Price

LIST PRICE$4,749,000
EST. MARKET VALUE
$4,995,000
4% BelowMARKET VALUE

SUMMARY

Analysis of 2623 Ocean Front Walk, San Diego, California 92109 reveals a Prime Investment Opportunity with a current list price of $4,749,000—significantly undercutting the $4,995,000 Fair Market Value by 4%. This valuation gap indicates a +$246,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$4,995,000 +$246,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2623 Ocean Front Walk
Subject
$4,749,000*
List Price
542,809$1,778-
A
2812 Bayside Walk
Active
$4,750,000
List Price
443,005$1,5810.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1981, the property has undergone a full, extensive, and recent remodel, as stated in the description and clearly evident in the images. The kitchen features custom cabinetry, quartzite countertops, and high-end Dacor appliances, all appearing brand new and modern. Bathrooms are spa-like with marble finishes, modern vanities, updated fixtures (gold/brass tones), and glass-enclosed showers. Flooring throughout is new, light-toned wood plank. All light fixtures, cooling/heating systems (ceiling-mounted vents), and overall finishes are contemporary and in pristine condition, indicating a renovation within the last 5 years. The outdoor spaces are also newly appointed with high-end features like Bromic heaters, a firepit, built-in BBQ, hot tub, cold plunge, and sauna. This property meets the criteria for 'Excellent' due to its virtually new components and high-quality, recent renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Bay Park Elementary School (9/10).

  • Premier Oceanfront Location & Privacy

    Situated directly on Ocean Front Walk, this property boasts a highly sought-after, private location offering unparalleled access to the beach and coastal lifestyle.

  • Extensive Luxury Outdoor Amenities

    Designed for entertaining, the outdoor spaces feature multiple decks, a spacious patio with Bromic heaters, Sonos speakers, a firepit, built-in BBQ, and a dedicated wellness area with a hot tub, cold plunge, and sauna.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2613, other record lot size in square feet = 2704.

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2613, living area = 2809.

  • Recently Sold Property

    The property was recently sold within the past year on 2025-05-15. The sold price is $3,820,000.00.

About 2623 Ocean Front Walk

Best deal on Ocean Front Walk! The most private location on Ocean Front Walk! Entertainer's Dream with Expansive Views! This fully remodeled 5-bedroom coastal retreat is the ultimate San Diego beach house. Designed for entertaining, the outdoor spaces feature multiple decks, a spacious patio with Bromic heaters, Sonos speakers, firepit with seating for 10+, a built-in BBQ, and a wellness area complete with hot tub, cold plunge, and sauna. Natural light pours through Fleetwood doors and Marvin windows, framing breathtaking views of Mission Beach, whitewater in Ocean Beach, boats cruising out to sea, and the cliffs of Sunset Cliffs illuminated at night. The main level boasts open-concept living with a custom kitchen featuring quartzite countertops, wood shaker cabinetry, Dacor appliances, wet bar, and seamless indoor-outdoor flow to the deck. Upstairs, the private primary retreat offers dual closets, a spa-like bath with marble finishes, and panoramic ocean vistas. Two additional bedrooms share their own bath with marble countertops and enjoy access to an east-facing deck for sunrise views. Downstairs, a secondary living/game room with wet bar provides additional entertaining space, along with two more bedrooms and a full bathroom. Newly laid pavers surround the property, creating a clean and modern coastal vibe. Parking for 3 cars included. This home is a rare opportunity to own a luxury entertainer's paradise in one of San Diego's most iconic beach communities.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1981
Lot Size
2,613.6 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Diego Unified Schools

Crown Point Jr Music Academy

Grades K-5 • 2.4 mi

7/10

Bay Park Elementary School

Grades K-5 • 3.2 mi

9/10

Pacific Beach Elementary School

Grades K-5 • 3.3 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
90%
Baths4.03.0
69%
Square foot2,8092,016
78%
Lot Size2,613.63,701
36%
Price$4.75M$2.28M
94%
Price per sq ft$1.7K$1.2K
82%
Built year19811977
51%
HOA$0$0
50%
Days on market61157
15%

Pricing History

Listed for Sale

Feb 5, 2026

$4,749,000

$4,995,000

-5% Price Drop

Initial Listing

Price Change

Jan 5, 2026

$4,995,000

Initial Listing

Sold

May 15, 2025

$3,820,000

Public Record

Browse Properties by State Browse housing market trends by state