3929 Alameda, San Diego, California 92103, San Diego, 92103 - 4 bed, 3 bath
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San Diego, California 92103
This Turnkey Luxury Estate is a Prime Investment Opportunity, listed at $5,100,000—positioned well below the $5,253,014 Fair Market Value by 2%. This valuation gap offers $153,014 in Instant Equity. Featuring a 2015 ground-up rebuild, the home boasts an Excellent Condition Rating with a 34-panel solar system, heated pool/spa, and panoramic bay views. With architectural plans for a 2-unit ADU, this property is ideal for discerning investors or owner-occupants seeking a high-end, future-proofed residence in Mission Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3929 Alameda Subject | $5,100,000* List Price | 4 | 3 | 3,157 | $1,664 | - |
A 4420 Arista Dr Pending | $4,995,000 List Price | 4 | 5 | 4,413 | $1,132 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1915, the residence was rebuilt from the ground up in 2015, featuring modern dual-zone HVAC, new plumbing, and a newly installed 34-panel solar system. The kitchen and baths are in mint condition with high-end quartzite and marble finishes, and the 2023 repaint and recent interior updates ensure the home is in turnkey, no-maintenance condition.
The property offers breathtaking, sit-down views of the San Diego skyline, Bay, and Pacific Ocean from nearly every room, providing a rare and highly valued aesthetic in the prestigious Mission Hills area.
Rebuilt from the ground up in 2015, the home seamlessly integrates 1915 historic character with modern luxury systems, including dual-zone HVAC, smart home technology, and a 34-panel solar array with battery backup.
The expansive lot features a heated pool, spa, and outdoor kitchen, complemented by existing architectural plans for a future 2-unit ADU, offering significant value-add and multi-generational living potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3157, other record living area = 3116.
With 4 bedrooms but only 3 bathrooms, the home may feel underserviced for a luxury property at this $5.1M price point, where buyers typically expect a higher ratio of en-suite facilities.
The listing price represents a significant appreciation over previous sales, positioning it at the top of the local market which may result in a more limited pool of qualified buyers and a longer time on market.
Located in the highly sought-after Inspiration Heights enclave of Mission Hills, this exceptional residence seamlessly blends historic character w/ modern sophistication. Rebuilt from the ground up in 2015, the home preserves select original details while delivering elevated craftsmanship, modern systems & luxury finishes throughout. One of the most unique features is convenient alley access to the detached 2-car garage, allowing entry into the home without ever needing to use the front stairs. Perched high above the street on a prime south-facing lot, the property captures breathtaking sit-down views of the downtown skyline, Bay, Ocean, Point Loma & Coronado Islands from most rooms. Offering approximately 3,150 sq ft plus a 250 sq ft basement on an expansive 8,800 sq ft lot, this residence was thoughtfully designed for both comfort & entertaining. Interior highlights include bespoke cabinetry, quartzite counters, marble & quartz baths, limestone fireplace surrounds, oak flooring, wool Berber carpet & premium fixtures from Rohl, Hansgrohe & Kallista. Features include dual-zone HVAC, radiant heated primary bath floors, integrated smart home/audio systems, security cameras, new plumbing & architectural-grade LED lighting. Outdoor living is equally impressive w/ multiple patios, outdoor kitchen, fire pit, heated pool/spa, fountains & outdoor shower surrounded by lush sustainable landscaping, mature fruit trees & app-controlled irrigation. Additional upgrades include a newly installed 34-panel solar system w/ dual batteries, gated entries & plans for a future ADU. Interior updates since 2015 include new window treatments, custom built-ins, updated lighting fixtures, and a 2023 repaint covering the majority of the home. Architectural plans by Kim Grant were commissioned for a future 2-unit ADU above and attached to the garage, along with an expanded front entry porch, offering exceptional potential for additional living space or income opportunities. This is a rare opportunity to own a truly turnkey, view-driven estate in one of San Diego’s most prestigious neighborhoods, where timeless design, modern luxury, and unforgettable views come together seamlessly. Designed by Elizabeth Barkett of Ross Thiele & Sons in La Jolla & Architect was Kim Grant.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-4 • 1.4 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,157 | 2,007 | 80% |
| Lot Size | 8,800 | 5,318 | 82% |
| Price | $5.10M | $1.76M | 99% |
| Price per sq ft | $1.6K | $959 | 97% |
| Built year | 1915 | 1930 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 115 | 10% |
May 26, 2026
$5,100,000
Initial Listing
Jul 17, 2015
$2,500,000
Public Record
Aug 11, 2014
$1,260,000
Public Record