
San Diego, California 92107
This Turn-Key Point Loma Heights Retreat is a Strong Value Opportunity, listed at $1,725,000—positioned well below the $1,759,066 Fair Market Value by 2%. This valuation gap offers $34,066 in Instant Equity. Featuring a remodeled tiny house, chef's kitchen, and a 2026 Trex deck with panoramic bay views, the home maintains a Good Condition Rating. Located near top-rated schools like Ocean Beach Elementary, this property is ideal for Owner-Occupants seeking income potential or Buy-and-Hold Investors.
Turn-key Point Loma Heights home with tiny house, bay views, and chef's kitchen. Priced below market value in a top-rated school district. Perfect for investors.
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 | $1,118 | - |
A 4125 Tennyson Sold | $1,595,000 | 3 | 3 | 2,009 | $794 | 0.4 mi |
B 1905 Catalina Boulevard Sold | $1,300,000 | 3 | 2 | 1,139 | $1,141 | 0.2 mi |
C 3722 Dixon Pl Sold | $1,575,000 | 3 | 2 | 1,165 | $1,352 | 0.2 mi |
D 4404 Voltaire Street Sold | $2,060,000 | 4 | 3 | 1,809 | $1,139 | 0.8 mi |
E 4643 Narragansett Ave Sold | $1,500,000 | 2 | 3 | 1,554 | $965 | 0.7 mi |
F 2064 Venice Street Sold | $1,720,000 | 3 | 3 | 1,720 | $1,000 | 0.5 mi |
G 4437 Long Branch Ave Sold | $1,687,500 | 2 | 2 | 1,193 | $1,415 | 0.6 mi |
H 4443 Del Monte Avenue Sold | $2,100,000 | 3 | 2 | 1,861 | $1,128 | 0.5 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 move-in ready.
The property underwent major renovations in 2017 (9 years prior to the 2026 listing date), including a new roof, dual-pane windows, and fully renovated bathrooms, which fits the 5-15 year renovation window for 'Good' condition. While the kitchen features a brand-new range and there is a 2026 Trex deck, the primary systems and structural updates are nearly a decade old, though the home remains in turn-key, well-maintained condition.
Elementary School: Ocean Beach Elementary School (10/10).
The property features a private, remodeled tiny house with its own entrance and a spacious lot with ADU potential, offering excellent opportunities for rental income or guest accommodations.
Extensively renovated with a chef’s kitchen, 2017 infrastructure updates (roof, windows, bathrooms), and a new Trex deck, this home provides a move-in-ready experience with high-end finishes.
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 challenge buyers looking for more interior living area for the price.
With three bedrooms and three bathrooms distributed across a modest footprint, the individual room sizes and common areas may feel constrained for larger families or those seeking open-concept layouts.
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