3890 Nobel Drive 503, San Diego, California 92122, San Diego, 92122 - 2 bed, 2 bath
ACTIVE$575,000
3890 Nobel Drive 503, San Diego, California 92122
2Beds
2Baths
1,153Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Luxury Amenities: The Pacific Regent community offers an impressive array of amenities including 24-hour security, a salon, library, fitness center, heated pool/spa, gourmet dining, and room service, catering to a luxurious retirement lifestyle.
Top Cons:
Age-Restricted Community: The property is located within a 62+ retirement community, significantly narrowing the potential buyer pool and limiting broad market appeal.
Compared to the nearby listings
Price:$575.0K vs avg $672.5K ($-97,500)40%
Size:1,153 sqft vs avg 966 sqft77%
Price/sqft:$499 vs avg $69910%
More Insights
Built in 1991 (34 years old).
Condition: Built in 1991, the property is over 30 years old. While the description mentions 'recently updated with laminate wood floors,' the images reveal a kitchen with dated white appliances and cabinetry, and bathrooms with cultured marble vanities and older tile work, suggesting these areas have not seen a major renovation in 15-30 years. The unit appears clean and functional, but the kitchen and bathrooms are significantly outdated and would benefit from modernization.
Year Built
1991
Close
-
List price
$575K
Original List price
$675K
Price/Sqft
$499
HOA
$3,581
Days on market
-
Sold On
-
MLS number
250022433SD
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to 3890 Nobel Dr Unit 503, a 2-bedroom, 2-bathroom condo in the Pacific Regent community. Positioned on the 5th floor, this unit features a patio with NW orientation. Recently updated with laminate wood floors, it's ready for you to make it your own. Pacific Regent is a luxury retirement community for those aged 62 and up, offering an array of amenities. Enjoy 24-hour security, a salon, and a library for convenience. The HOA includes access to a fitness center, heated pool and spa, extensive library, and meeting rooms for events. Indulge in gourmet restaurant-style dining and even room service. Option to purchase the unit furnished available.
Nearby schools
9/10
Doyle Elementary School
Public,•K-5•0.4mi
7/10
Standley Middle School
Public,•6-8•1.5mi
9/10
University City High School
Public,•9-12•0.9mi
Condition Rating
Fair
Built in 1991, the property is over 30 years old. While the description mentions 'recently updated with laminate wood floors,' the images reveal a kitchen with dated white appliances and cabinetry, and bathrooms with cultured marble vanities and older tile work, suggesting these areas have not seen a major renovation in 15-30 years. The unit appears clean and functional, but the kitchen and bathrooms are significantly outdated and would benefit from modernization.
Pros & Cons
Pros
Extensive Luxury Amenities: The Pacific Regent community offers an impressive array of amenities including 24-hour security, a salon, library, fitness center, heated pool/spa, gourmet dining, and room service, catering to a luxurious retirement lifestyle.
Prime La Jolla Location: Situated in the highly desirable La Jolla area of San Diego, offering prestige and access to a vibrant coastal community.
Recent Interior Updates: Features recently updated laminate wood floors, providing a modern and move-in ready interior.
Elevated Views: Positioned on the 5th floor with a patio and confirmed mountain views, enhancing the living experience.
Significant Price Adjustment: A substantial $100,000 price reduction from the original list price presents a more attractive value proposition for potential buyers.
Cons
Age-Restricted Community: The property is located within a 62+ retirement community, significantly narrowing the potential buyer pool and limiting broad market appeal.
Exorbitant HOA Fees: The monthly association fee of $3,581 is exceptionally high, adding a substantial recurring cost to homeownership.
Potential for Initial Overpricing: A $100,000 price drop from the original listing price suggests the property may have been initially overpriced, potentially indicating a longer market time or buyer hesitation.