3116 Groton Way 2, San Diego, California 92110, San Diego, 92110 - 3 bed, 2 bath

3116 Groton Way 2, San Diego, California 92110 home-pic-0
ACTIVE$835,000$1,260/sqft
3116 Groton Way 2, San Diego, California 92110
3Beds
2Baths
1,260Sqft
111,876Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Ocean Beach Elementary School (10/10).
Top Cons:
High Monthly Association Fee: The $600.0 monthly association fee is a significant recurring cost that can impact overall affordability and long-term ownership expenses.

Compared to the nearby listings

Price:$835.0K vs avg $600.0K (+$235,000.5)93%
Size:1,260 sqft vs avg 1,018 sqft81%
Price/sqft:$663 vs avg $58977%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, this condo has undergone extensive and recent renovations, exceeding $50,000 in improvements. The kitchen features modern flat-panel cabinetry, sparkling quartz countertops, and stainless steel appliances, all appearing new or virtually new. Both bathrooms are stylishly renovated with contemporary vanities, fixtures, and subway tiling. New laminate flooring throughout and nearly all new dual-pane windows contribute to a fresh, modern, and turnkey interior, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1964
Close
-
List price
$835K
Original List price
$835K
Price/Sqft
$663
HOA
$600
Days on market
-
Sold On
-
MLS number
2600147SD
Home ConditionExcellent
Features
Patio
View-

About this home

Price Range $795K-$835K. (Last two homes sold for $840K & $860K in November--buy with instant equity!) Seller also willing to offer credits for closing costs. VA APPROVED too! Upon walking in, you will fall in love with this gorgeous move-in-ready 3-bedroom, 2-bath single level condo nestled in the highly desirable Baycrest community of coastal Point Loma. Condo has a PRIVATE IN-UNIT Washer & Dryer! Updated with over $50,000 in improvements, this turnkey home offers a fresh, modern feel throughout. Inside, enjoy a beautiful kitchen with sparkling quartz countertops, stylishly renovated bathrooms, new laminate flooring, and nearly all new dual-pane windows. Spacious bedrooms and abundant storage provide both comfort and functionality. Set in a quiet, private enclave built around a single large cul-de-sac, the community offers a peaceful, low-traffic atmosphere. Step outside to TWO private PATIOS—perfect for relaxing, entertaining, or storing your coastal lifestyle essentials. Residents also enjoy access to two private community pools, with the added convenience of being just a short walk to grocery stores, coffee shops, and everyday amenities. With easy access to shopping, freeways, the airport, and just moments from the waterfront, this home delivers the perfect blend of comfort, convenience, and true San Diego coastal living. Don’t miss this rare opportunity in one of Point Loma’s most peaceful and private communities.

R
Rachel Wilkins
Listing Agent

Nearby schools

8/10
Dewey Elementary School
Public,K-40.8mi
7/10
Loma Portal Elementary School
Public,K-40.8mi
10/10
Ocean Beach Elementary School
Public,K-41.5mi
4/10
Cabrillo Elementary School
Public,K-42.3mi
7/10
Crown Point Jr Music Academy
Public,K-53.0mi
8/10
Florence Elementary School
Public,K-53.3mi
5/10
Washington Elementary School
Public,K-53.7mi
6/10
Correia Middle School
Public,7-80.7mi
6/10
Dana
Public,5-61.5mi
8/10
Grant K-8
Public,K-82.6mi
6/10
Pacific Beach Middle School
Public,6-83.6mi
5/10
Roosevelt International Middle School
Public,6-84.4mi
7/10
Point Loma High School
Public,9-120.9mi
6/10
Mission Bay High School
Public,9-123.4mi

Price History

Date
Event
Price
09/23/15
Sold
$387,500
06/06/12
Sold
$231,000
Condition Rating
Excellent

Despite being built in 1964, this condo has undergone extensive and recent renovations, exceeding $50,000 in improvements. The kitchen features modern flat-panel cabinetry, sparkling quartz countertops, and stainless steel appliances, all appearing new or virtually new. Both bathrooms are stylishly renovated with contemporary vanities, fixtures, and subway tiling. New laminate flooring throughout and nearly all new dual-pane windows contribute to a fresh, modern, and turnkey interior, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Great Schools: Elementary School: Ocean Beach Elementary School (10/10).
Prime Coastal Location & Community: Nestled in the highly desirable Baycrest community of coastal Point Loma, offering a quiet, private enclave atmosphere with easy access to the waterfront, shopping, freeways, and the airport.
Extensive Modern Renovations: Over $50,000 in recent improvements, including a beautiful kitchen with quartz countertops, stylishly renovated bathrooms, new laminate flooring, and nearly all new dual-pane windows, providing a turnkey, modern feel.
Financial Incentives & Value Proposition: Priced to potentially offer instant equity compared to recent comparable sales, with the seller willing to offer credits for closing costs, and VA approval broadening the buyer pool.
Desirable Condo Features & Amenities: A single-level layout with a private in-unit washer & dryer, two private patios for outdoor living, and access to two community pools, enhancing comfort and convenience.
Walkability & Convenience: Just a short walk to grocery stores, coffee shops, and everyday amenities, promoting a convenient and accessible coastal lifestyle.

Cons

High Monthly Association Fee: The $600.0 monthly association fee is a significant recurring cost that can impact overall affordability and long-term ownership expenses.
Age of Building Structure: Despite extensive interior renovations, the building was constructed in 1964, which may imply older common area infrastructure and potential for future HOA special assessments for major repairs.
Shared Wall Living: As a condominium, the property inherently involves shared walls with neighbors, which can lead to potential noise transfer and reduced privacy compared to a detached single-family home.
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