
San Diego, California 92106
This Sophisticated Coastal Residence represents a Prime Investment Opportunity, listed at $3,499,000—positioned well below the $3,629,213 Fair Market Value by 3%. This valuation gap offers $130,213 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a Modern Chef's Kitchen, Panoramic Bay Views, and a Versatile Ground-Level Guest Suite. Located in the prestigious La Playa enclave, this property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a turnkey, high-yield coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 San Elijo Subject | $3,499,000* List Price | 3 | 6 | 3,712 | $978 | - |
A 821 Moana Dr Sold | $2,499,000 | 3 | 3 | 2,259 | $1,106 | 0.9 mi |
B 858 Rosecrans Sold | $2,700,000 | 3 | 4 | 2,340 | $1,154 | 0.7 mi |
C 419 San Elijo St Active | $2,650,000 List Price | 5 | 5 | 3,000 | $883 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern chef's kitchen with a waterfall island, spa-like bathrooms with contemporary fixtures and a freestanding tub, new wide-plank flooring, and updated recessed lighting throughout, placing it in mint condition.
Situated in the prestigious La Playa enclave outside the flight path, this home offers panoramic bay and ocean views and is just two blocks from Kellogg’s Beach.
The ground-level guest suite features a private entrance, full kitchen, laundry, and two bathrooms, providing rare flexibility for multi-generational living or a high-end rental option.
The residence has been meticulously updated with an open-concept great room, a spa-like primary suite, and seamless indoor-outdoor flow across four expansive decks.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3712, other record living area = 3082.
The property was recently sold within the past year on 2026-01-20. The sold price is $2,250,000.00.
The assigned elementary school carries a lower rating of 4/10, which may be a drawback for families prioritizing top-tier public education at this luxury price point.
La Playa Coastal Retreat — Refined Living with Exceptional Bay Views Beautifully renovated and ideally positioned in the coveted La Playa neighborhood of Point Loma, this sophisticated 3-bedroom + optional 1-bedroom, 5.5-bath residence offers an exceptional blend of timeless style, modern comfort, & quintessential SoCal living. Set on a spacious corner lot just two blocks from Kellogg’s Beach, the home enjoys beautiful views of the bay and an enviable coastal setting outside the flight path. This thoughtfully designed open floor plan / great room creates an effortless connection between the living, dining, and kitchen spaces—an ideal setting for both intimate gatherings and elegant entertaining. The main upper level features expansive water views, from two decks and all main living areas. Three generously sized bedrooms all with their own bathrooms. The primary suite offers a spa like bathroom, walk in closet and access to its own private deck and back yard access. Multiple outdoor spaces extend the living experience beyond the walls of the home, while three of the four decks/patios provide wonderful vantage points to take in the bay views and coastal surroundings. The lower level offers an exceptional private oversized GUEST SUITE located on the ground level, no stairs, complete with its own kitchen, laundry & TWO full bathrooms. This versatile space provides an ideal retreat for guests, extended family, or those seeking a private and comfortable living area within the home. Attached 2 car garage plus a large storage room, perfect for a wine cellar, gym or art studio! Every detail has been thoughtfully considered in the renovation, creating a residence that feels polished, inviting, and distinctly elevated while retaining the relaxed sophistication that defines La Playa. With its prime beachside location, expansive indoor-outdoor living, beautiful water views, and exceptional sense of place, this is a rare opportunity to experience one of Point Loma’s most desirable coastal enclaves.
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-6 • 1.7 mi
Grades 7-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 6.0 | 2.3 |
| Square foot | 3,712 | 1,777.941 |
| Lot Size | 7,546 | 6,474.445 |
| Price | $3.50M | $1.27M |
| Price per sq ft | $943 | $741 |
| Built year | 1951 | 1971 |
| HOA | $0 | $184 |
| Days on market | 13 | 40 |
Aug 27, 2026
$3,499,000
Initial Listing
Jan 20, 2026
$2,250,000
Public Record