2812 Poinsettia Drive, San Diego, California 92106, San Diego, 92106 - 5 bed, 4 bath

2812 Poinsettia Drive, San Diego, California 92106 home-pic-0

2812 Poinsettia Drive

San Diego, California 92106

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,603Sq Ft
8,382Lot Size

Property Price

LIST PRICE$2,979,000
EST. MARKET VALUE
$3,313,439
10% BelowMARKET VALUE

SUMMARY

Analysis of 2812 Poinsettia Drive, San Diego, California 92106 reveals a Prime Investment Opportunity with a current list price of $2,979,000—significantly undercutting the $3,313,439 Fair Market Value by 10%. This valuation gap indicates a +$334,439 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

$3,313,439 +$334,439 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
2812 Poinsettia Drive
Subject
$2,979,000*
List Price
543,603$920-
A
2675 Clove Street
Sold
$2,675,000543,206$8340.4 mi
B
3345 Elliott St
Sold
$3,200,000443,423$9350.5 mi
C
3031 Ibsen Street
Sold
$2,125,000432,443$8700.6 mi
D
3602 Hyacinth Dr
Sold
$2,090,000532,837$7370.3 mi
E
2318 Plum St
Active
$2,595,000
List Price
452,626$9880.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2011 and recently remodeled, this luxury architect-designed home features high-end modern finishes, a gourmet kitchen, and a private elevator installed in 2019. The property boasts floor-to-ceiling windows, expansive view decks, and premium craftsmanship, meeting current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Panoramic Views

    The property offers rare 360-degree unobstructed views of the Pacific Coast, Mission Bay, and Downtown, with a height restriction easement in place to protect the skyline vistas.

  • Modern Luxury & Accessibility

    This architect-designed home features a contemporary open floor plan with floor-to-ceiling windows and a private elevator serving all three levels, ensuring long-term accessibility.

  • Versatile Outdoor Space

    Unlike many hillside view properties, this lot features a spacious backyard large enough for a pool, complemented by wrap-around decks and a covered patio with an outdoor fireplace.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3603, other record living area = 3529. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Vertical Living Constraints

    The three-story layout may feel disconnected for some buyers, and the reliance on an elevator introduces additional long-term mechanical maintenance requirements.

  • Acoustic Environment

    Situated in Point Loma, the property is located within the flight path of San Diego International Airport, which may result in periodic aircraft noise known locally as the 'Loma Pause'.

About 2812 Poinsettia Drive

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2011
Lot Size
8,382 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

Loma Portal Elementary School

Grades K-4 • 0.6 mi

7/10

Correia Middle School

Grades 7-8 • 0.5 mi

6/10

Dana

Grades 5-6 • 1.2 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
91%
Baths4.03.0
80%
Square foot3,6032,219
94%
Lot Size8,3825,294
80%
Price$2.98M$1.85M
91%
Price per sq ft$827$927
31%
Built year20111953
97%
HOA$0$0
50%
Days on market4162
14%

Pricing History

Listed for Sale

Mar 3, 2026

$2,979,000

Initial Listing

Sold

Mar 8, 2019

$1,975,000

Public Record

Sold

Nov 19, 2004

$740,000

Public Record

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