2812 Poinsettia Drive, San Diego, California 92106, San Diego, 92106 - 5 bed, 4 bath
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San Diego, California 92106
This Architect-Designed Point Loma Estate is a Strong Value Opportunity, listed at $2,985,000—positioned well below the $3,232,205 Fair Market Value by 7%. This valuation gap provides $247,205 in Instant Equity. Boasting a Mint Condition Rating, the home features 360-degree panoramic views, a private elevator, and a gourmet kitchen. Located within the San Diego Unified District near Point Loma High, it offers a premium lifestyle with significant financial upside. This is an exceptional acquisition for Luxury Owner-Occupants or Savvy Investors seeking a turnkey coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2812 Poinsettia Drive Subject | $2,985,000* List Price | 5 | 4 | 3,603 | $897 | - |
A 3345 Elliott St Sold | $3,200,000 | 4 | 4 | 3,423 | $935 | 0.5 mi |
B 3031 Ibsen Street Sold | $2,125,000 | 4 | 3 | 2,443 | $870 | 0.6 mi |
C 2812 Poinsettia Drive Active | $2,985,000 List Price | 5 | 4 | 3,603 | $828 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2011 and recently remodeled with high-end finishes, including a 2019 elevator installation. The property features a modern open floor plan, gourmet kitchen, and updated systems, meeting the criteria for mint condition with no maintenance required.
The property features 360-degree unobstructed views of the Pacific Coast, Mission Bay, and Downtown, uniquely protected by a height restriction easement on the neighboring lot.
This architect-designed home includes a three-floor elevator installed in 2019 and floor-to-ceiling windows, blending contemporary luxury with long-term functional accessibility.
The spacious lot offers wrap-around decking and a private backyard large enough for a pool, complemented by an outdoor fireplace and fountain for high-end entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8382, other record lot size in square feet = 8179.
Situated in the Point Loma area, the property is located within the San Diego International Airport flight path, which may result in significant overhead noise.
With a list price near $3 million, the property is positioned in a high-end luxury tier that may experience longer days on market compared to more moderately priced homes in the 92106 zip code.
360 unobstructed panoramic views of Pacific Coast, Mission Beach & Bay, , Sea World and Downtown city lights. Architect-Designed and recently remodeled Point Loma home is a perfect balance of luxury and craftsmanship. The downtown view can be protected by a height restriction easement on the property located at 3671 Oleanader (when looking towards downtown). The modern, open floor plan features an ELEVATOR which was installed in 2019 leading to all three floors, floor-to-ceiling walls of windows leading to expansive view decks, gourmet kitchen, 2 master suites, and so much more. The open floor plan allows for unobstructed views from the gourmet kitchen, living and dining rooms and wrap around decking. Unwind in the master suite with fabulous ocean, sunset and city and Coronado Bridge views on the private balcony. The private backyard is spacious (large enough for a pool), there is a covered patio with fountain and outdoor fireplace. Located conveniently close to Liberty Station shops/restaurants and downtown.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades 7-8 • 0.5 mi
Grades 5-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 3.0 | 68% |
| Square foot | 3,603 | 2,290 | 89% |
| Lot Size | 8,382 | 5,294 | 85% |
| Price | $2.98M | $1.90M | 80% |
| Price per sq ft | $828 | $940 | 28% |
| Built year | 2011 | 1955 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 123 | 21% |
May 5, 2026
$2,985,000
Initial Listing
Mar 8, 2019
$1,975,000
Public Record
Nov 19, 2004
$740,000
Public Record