2689 Cowley Way, San Diego, California 92110, San Diego, 92110 - 3 bed, 2 bath
Loading property details...
San Diego, California 92110
This High-Potential Investment Opportunity is listed at $1,299,000, positioned slightly above the $1,254,482 Fair Market Value. While the property requires a premium, its Condition Rating of 4 and significant 9,600 sqft lot offer immense upside. The detached garage provides a prime ADU conversion path, while the potential for a second-story addition unlocks panoramic canyon and ocean views. Located in the San Diego Unified district near Bay Park Elementary (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2689 Cowley Way Subject | $1,299,000* List Price | 3 | 2 | 1,080 | $1,162 | - |
A 2604 Grandview Street Sold | $1,450,000 | 3 | 2 | 1,497 | $969 | 0.2 mi |
B 2435 Chicago St Sold | $1,400,000 | 4 | 2 | 1,368 | $1,023 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the home features a recent cosmetic refresh with new luxury vinyl plank flooring and fresh paint. However, the kitchen and bathrooms remain dated, utilizing painted original cabinetry and older white appliances rather than a full modern renovation. While move-in ready, the property requires updates to core systems and cabinetry to move beyond its current dated status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 1080.
Elementary School: Bay Park Elementary School (9/10).
The property boasts a premium lot backing the Tecolote Canyon Golf Course, offering serene canyon views and existing ocean and bay glimpses from the primary suite.
With only 1,080 square feet of living area for a 3-bedroom configuration, the interior footprint is relatively small and may feel constrained for larger families.
Built in 1956, the property may require future capital expenditures for aging core systems typical of mid-century homes, despite the recent cosmetic surface renovations.
Backed by the fairways of Tecolote Canyon Golf Course, ocean and bay views from the primary bedroom and just a short drive to the bay and beaches, 2689 Cowley Way is one of Bay Park's most compelling opportunities right now. This 3-bedroom, 2-bath single-story home with a large detached 2-car garage blends modern comfort with effortless beach style across light-filled living space. Ocean breezes drift through regularly, a quiet reminder of just how close you are to the water. But the real story here is the upside. Add a roof deck or a second story and you unlock sweeping ocean and bay views that are already sitting right above you. The detached 2-car garage presents a natural ADU opportunity, whether that means rental income, a guest suite, or a private workspace. For an investor, a multigenerational buyer, or anyone looking to build long-term equity, the possibilities here are genuinely rare for this price point in Bay Park. Then you step outside, and the home truly opens up. A private courtyard and backyard overlooks the golf course fairways, making it an ideal spot to start the morning with coffee or wind down with a glass of wine and enjoy the ocean breeze. Whether you are hosting friends or simply enjoying the canyon views, this outdoor space earns its keep. Inside, new oak-like luxury vinyl flooring flows throughout, and the living room is anchored by a white brick fireplace that brings warmth and character to the space. The home is freshly painted, with fixtures updated in clean, modern finishes. Highly rated schools, easy beach access, and Bay Park's best cafes, restaurants, and amenities round out a location that checks every box. 2689 Cowley Way is ready for the next person lucky enough to recognize what it can become. Buyer is advised to independently investigate the feasibility of any proposed additions.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 1,644 | 18% |
| Lot Size | 9,600 | 6,250 | 92% |
| Price | $1.30M | $1.51M | 31% |
| Price per sq ft | $1.2K | $955 | 90% |
| Built year | 1956 | 1956 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 102 | 10% |
Jun 2, 2026
$1,299,000
Initial Listing