3940 Gresham St 152, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath

3940 Gresham St 152
San Diego, California 92109
Property Price
SUMMARY
Analysis of 3940 Gresham St 152, San Diego, California 92109 is currently available with a list price of $2,175,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although the building was constructed in 1974, this penthouse unit has undergone a meticulous and extensive recent renovation. The property features a high-end remodeled kitchen with marble countertops, soft-close cabinetry, and premium stainless steel appliances. With elegant finishes throughout, a modern open layout, and no deferred maintenance, the interior condition meets the highest standards for a luxury residence.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Bird Rock Elementary School (10/10).
- Panoramic Waterfront Views
As a top-floor penthouse crowning Sail Bay, this residence offers rare, unobstructed southwest panoramas of the bay and Pacific horizon from the living areas, kitchen, and both bedrooms.
- Premium Renovations & Privacy
The interior features a meticulously remodeled kitchen with marble countertops and high-end appliances, complemented by a unique layout with no shared living-area walls for maximum tranquility.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is $1,440 per month, which represents a significant recurring expense that may impact the overall affordability for some luxury buyers.
- Aging Building Infrastructure
While the unit itself is beautifully renovated, the building was constructed in 1974, which may lead to higher long-term maintenance requirements or potential assessments for the 50-year-old complex.
About 3940 Gresham St 152
Gracing the shoreline of Sail Bay, this exceptional top-floor penthouse in Bay Scene’s coveted Tower One offers refined waterfront living with sweeping southwest views of the bay and Pacific horizon. Framed by a majestic 150-year-old Torrey Pine, panoramic vistas extend from the living room, dining area, kitchen, and both bedrooms. Spanning approximately 1,559 square feet, the beautifully renovated two-bedroom, two-bath residence is designed for privacy and functionality, with no shared living-area walls, ideal bedroom separation, in-unit laundry, and ample storage. Timeless finishes include a remodeled kitchen with granite countertops, soft-close cabinetry, and stainless-steel appliances. A covered balcony invites you to relax and enjoy the coastal scenery. The home includes two assigned underground parking spaces and access to a secure garage with car-washing area. Bay Scene is Sail Bay’s premier bayfront condominium community, offering resort-style amenities: a heated waterfront pool and spa, BBQ areas, fitness center, clubhouse, kayak and paddleboard storage, elevators, secure entry, and direct access to the sand and boardwalk. Just moments from the ocean, parks, shops, and dining, this rare penthouse delivers luxury coastal living at its finest.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 87,193 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1440.0 / Month
Neighborhood Insights
San Diego Unified Schools
Crown Point Jr Music Academy
Grades K-5 • 0.3 mi
Pacific Beach Elementary School
Grades K-5 • 1.3 mi
Sessions Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,559 | 940.5 | 89% |
| Lot Size | 87,193 | 3,932.5 | 90% |
| Price | $2.17M | $890.0K | 96% |
| Price per sq ft | $1.4K | $897 | 89% |
| Built year | 1974 | 1975 | 31% |
| HOA | $1440.0 | $472 | 96% |
| Days on market | 7 | 153 | 4% |
Pricing History
Listed for Sale
Feb 28, 2026
$2,175,000
Initial Listing
Sold
Sep 18, 2014
$865,000
Public Record



































