
San Diego, California 92107
This Turnkey Colonial Cottage is a Strong Value Opportunity, listed at $1,725,000—positioned well below the $1,805,195 Fair Market Value by 4%. This valuation gap offers $80,195 in Instant Equity. Featuring a Mint Condition Rating, the home includes a new 2026 Trex deck, chef’s kitchen, and a private tiny house for income potential. Located near top-rated schools like Ocean Beach Elementary, this property is ideal for Owner-Occupants seeking a lifestyle retreat or Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3853 Narragansett Ave. Subject | $1,725,000* List Price | 3 | 3 | 1,574 | $1,147 | - |
A 1905 Catalina Boulevard Sold | $1,300,000 | 3 | 2 | 1,139 | $1,141 | 0.2 mi |
B 3722 Dixon Pl Sold | $1,575,000 | 3 | 2 | 1,165 | $1,352 | 0.2 mi |
C 4125 Tennyson Sold | $1,595,000 | 3 | 3 | 2,009 | $794 | 0.4 mi |
D 4404 Voltaire Street Sold | $2,060,000 | 4 | 3 | 1,809 | $1,139 | 0.8 mi |
E 2064 Venice Street Sold | $1,720,000 | 3 | 3 | 1,720 | $1,000 | 0.5 mi |
F 4443 Del Monte Avenue Sold | $2,100,000 | 3 | 2 | 1,861 | $1,128 | 0.5 mi |
G 4643 Narragansett Ave Sold | $1,500,000 | 2 | 3 | 1,554 | $965 | 0.7 mi |
H 3761 La Cresta Drive Sold | $2,218,000 | 3 | 3 | 2,116 | $1,048 | 0.2 mi |
I 3939 Santa Cruz Avenue Active | $1,579,900 List Price | 3 | 2 | 1,650 | $958 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent major renovations in 2017 (roof, windows, baths) and features brand-new 2026 upgrades including a Trex deck and a 6-burner range. With modern wide-plank flooring, a fully remodeled kitchen, and updated systems, it is in mint, turn-key condition.
Elementary School: Ocean Beach Elementary School (10/10).
The property includes a private, remodeled tiny house and a spacious 6,300 sqft lot with ADU potential, offering significant opportunities for rental income or multi-generational living.
This 1949 Colonial Cottage has been extensively updated with a chef’s kitchen, a new 2026 Trex deck, and major 2017 infrastructure upgrades, perfectly blending timeless charm with modern luxury.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1574, other record living area = 1482.
At a list price of $1.725M for 1,574 square feet, the property commands a high price-per-square-foot that may be a barrier for buyers focused on interior scale.
While the lot is generous, the main living space is relatively modest, which may feel restrictive for larger families or those requiring expansive indoor common areas.
Perched atop a hill in coveted Point Loma Heights, this beautifully remodeled Colonial Cottage pairs timeless character with modern convenience, just minutes from downtown San Diego, the Bay, and Sunset Cliffs. Tiny house offers space for guests or tenant. From the front porch, take in sweeping views of the downtown skyline and the Bay. Inside, wide-plank wood floors, recessed lighting, and a brick fireplace with built-ins set a warm, inviting tone, while plantation shutters add classic charm throughout. The chef's kitchen showcases a farmhouse sink, custom cabinetry and hood, and a brand-new 6-burner range. A mudroom off the kitchen offers additional storage, a water filtration system and a second farmhouse sink. French doors and a slider off the primary suite open to a newly built 2026 Trex deck, complete with a butcher block serving counter and string lights—ideal for al fresco dining and entertaining. The fully landscaped grounds include turf front and back yards, mature fruit trees (fig, lemon, orange, avocado) on a drip system, and a storage shed. A private, remodeled tiny house with its own entrance, kitchenette, and bathroom offers flexible use as a guest suite or income-producing rental, and the spacious lot presents exciting potential to add an ADU. Additional highlights include an in-unit washer/dryer plus a second set in the garage, ample off-street parking, and major 2017 upgrades: new roof, exterior paint, dual pane windows, and fully renovated bathrooms. A rare opportunity to own a turn-key Point Loma Heights retreat with income potential and room to grow.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-4 • 0.9 mi
Grades K-4 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,574 | 1,777 |
| Lot Size | 6,300 | 6,600 |
| Price | $1.73M | $1.24M |
| Price per sq ft | $1.1K | $743 |
| Built year | 1949 | 1972 |
| HOA | $0 | $200 |
| Days on market | 2 | 39 |
Jul 20, 2026
$1,725,000
Initial Listing
Mar 16, 2017
$865,000
Public Record