
San Diego, California 92117
This Spacious 1-Bedroom Condominium is a Strong Value Opportunity, listed at $555,000—positioned slightly above the $546,906 Fair Market Value. While the property maintains a Fair Condition Rating with dated finishes, it offers significant upside through cosmetic modernization. Key features include an attached one-car garage, finished attic storage, and a private enclosed patio overlooking the canyon. Located in the Bay Ho neighborhood near top-rated schools like Cadman Elementary, this unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2728 Ariane Dr 52 Subject | $555,000* List Price | 1 | 1 | 810 | $675 | - |
A 2714 Ariane Drive 17 Sold | $610,000 | 2 | 1 | 810 | $753 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is well-maintained but remains largely dated. While the kitchen features stainless steel appliances, the bathroom fixtures, mirrored closet doors, and overall finishes appear to be over 20 years old. It is functional and move-in ready but requires cosmetic updates to meet modern standards, fitting the 'Fair' criteria.
At 810 square feet, this unit offers a rare townhome-style feel with an attached one-car garage and a finished attic, providing significantly more storage than typical one-bedroom condominiums.
Located in the desirable Bay Ho neighborhood, the property offers quick access to I-5, SR-52, and Mission Bay, making it an ideal hub for commuting and enjoying San Diego's beaches.
Residents benefit from resort-style facilities including tennis and pickleball courts, a swimming pool, and a spa, significantly enhancing the lifestyle value and rental appeal.
The monthly association fee of $567 is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact overall monthly affordability.
As a one-bedroom, one-bathroom property, it appeals to a narrower demographic of buyers, potentially limiting resale liquidity compared to multi-bedroom units in the same zip code.
Presenting Canyon Rim, a spacious 1-bedroom, 1-bath condominium offering 810 square feet of living space that feels more like a townhome. Tastefully maintained, this inviting home captures refreshing coastal breezes and features an open-concept layout designed for comfortable everyday living. The spacious living room flows seamlessly into the welcoming kitchen, complete with stainless steel appliances and a cozy eat-in dining nook. Step outside to your private enclosed patio, the perfect place to enjoy your morning coffee or unwind on a cool Southern California evening. Upstairs, the generous primary suite offers dual closets and a finished attic, providing abundant storage rarely found in homes of this size. Unit 52 also features direct access to an attached one-car garage with additional storage space and a full-size washer and dryer. Canyon Rim residents enjoy Resort-style amenities, including Tennis and Pickleball courts, a Swimming pool, Spa, BBQ area, recreation room, and some street parking throughout the community. Ideally located in the desirable Bay Ho neighborhood, you'll be just minutes from Costco, Interstate 5, State Route 52, Mission Bay, local beaches, SeaWorld, San Diego International Airport, shopping, dining, and everything San Diego has to offer.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 810 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $555.0K | $596.0K |
| Price per sq ft | $685 | $612 |
| Built year | 1981 | 1985 |
| HOA | $567.0 | $529 |
| Days on market | 47 | 55 |
Jul 24, 2026
$555,000
Initial Listing
May 27, 1994
$105,000
Public Record