
San Diego, California 92106
This Point Loma Craftsman is a High-Potential Investment Opportunity, listed at $2,650,000—positioned above the $2,403,275 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating following a comprehensive modern renovation. The rare five-bedroom layout and oversized backyard provide significant development potential for an ADU or guest house. With peek-a-boo bay views and a prime coastal location, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-character residence in a prestigious San Diego neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3235 Fenelon Subject | $2,650,000* List Price | 5 | 3 | 2,491 | $965 | - |
A 1525 Willow St Sold | $2,411,000 | 4 | 4 | 2,979 | $809 | 0.2 mi |
B 858 Rosecrans Sold | $2,700,000 | 3 | 4 | 2,340 | $1,154 | 0.6 mi |
C 3350 Oliphant Street Sold | $2,100,000 | 4 | 3 | 2,505 | $838 | 0.5 mi |
D 3415 Fenelon St Sold | $2,200,000 | 4 | 4 | 2,440 | $902 | 0.1 mi |
E 858 Rosecrans St Sold | $1,975,000 | 3 | 3 | 2,132 | $926 | 0.6 mi |
F 3222 Hill Street Active | $2,150,000 List Price | 3 | 3 | 2,459 | $874 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1931, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a contemporary open-concept kitchen with white cabinetry and stainless steel appliances, updated wide-plank flooring, recessed lighting, and modern HVAC venting. The exterior and systems appear meticulously maintained and updated, meeting the criteria for mint condition.
The property features a rare five-bedroom floor plan for a 1931 Craftsman, offering significant interior space and flexibility that is uncommon for homes of this era in Point Loma.
The oversized backyard and detached garage provide a blank canvas for high-value additions such as a resort-style pool, guest house, or ADU, allowing for future equity growth.
Situated in the prestigious Point Loma area, the home offers peek-a-boo views of the San Diego Bay and downtown skyline, combining historic charm with a desirable coastal setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2491, other record living area = 1996.
With five bedrooms but only two bathrooms, the current configuration may be inconvenient for large households and falls below the typical expectations for a luxury-tier listing.
As a structure built in 1931, the home likely requires specialized maintenance or modernization of its core systems to align with modern energy efficiency and comfort standards.
Situated behind a quintessential white picket fence, this timeless Point Loma Craftsman is the kind of home that welcomes you in and makes you want to stay. Thoughtfully designed with a rare five-bedroom floor plan, generous living spaces, and an expansive family room at its heart, it's a home made for everyday moments, lively gatherings, and memories that last for generations. Outside, the oversized backyard offers the freedom to dream—whether it's a resort-style pool, guest house or ADU, garden, or simply room for kids, pets, and unforgettable summer evenings. A detached garage and exceptionally long driveway provide both convenience and flexibility, while peek-a-boo views of San Diego Bay and the downtown skyline add a subtle reminder of this exceptional coastal setting. Rich in character, timeless in style, and filled with opportunity, this is more than a home—it's where the next chapter begins.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,491 | 1,777.941 |
| Lot Size | 5,167 | 6,474.445 |
| Price | $2.65M | $1.27M |
| Price per sq ft | $1.1K | $741 |
| Built year | 1931 | 1971 |
| HOA | $0 | $184 |
| Days on market | 26 | 40 |
Aug 14, 2026
$2,650,000
Initial Listing
Aug 25, 2017
$1,100,000
Public Record
Nov 18, 2016
$825,000
Public Record