
San Diego, California 92106
This Renovated La Playa Coastal Retreat is a Strong Value Opportunity, listed at $2,650,000—positioned well below the $2,874,485 Fair Market Value by 7%. This valuation gap provides $224,485 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating following a comprehensive 2024 renovation, the residence features a saltwater pool, panoramic ocean views, and a detached guest house. Located within the Point Loma High School boundary and steps from elite yacht clubs, it perfectly balances luxury lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 419 San Elijo St Subject | $2,650,000* List Price | 5 | 5 | 3,000 | $958 | - |
A 885 Rosecrans St Sold | $2,970,000 | 6 | 6 | 4,061 | $731 | 0.7 mi |
B 871 Tarento Drive Sold | $2,245,000 | 4 | 3 | 2,481 | $905 | 0.9 mi |
C 871 Gage Dr Sold | $1,976,000 | 3 | 3 | 1,987 | $994 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full renovation in 2024, featuring a brand-new modern kitchen with stainless steel appliances, updated spa-like bathrooms with contemporary fixtures, and new systems including a mini-split HVAC and a saltwater pool. It is in mint, move-in-ready condition.
This turnkey home features a complete 2024 modern redesign, including a detached guest house and resort-style amenities like a saltwater pool and putting green.
Situated in the prestigious La Playa neighborhood, the property offers ocean views and exceptional walkability to the beach, yacht clubs, and local dining.
With two primary suites and a separate guest house, the layout provides excellent flexibility for extended family, a private home office, or guest accommodations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 1952. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The assigned elementary school carries a lower rating of 4, which may be a consideration for families seeking the highest-rated public school districts.
While feature-rich, the 7,102 sqft lot is heavily developed with the pool and guest house, which may leave limited traditional yard space for some buyers.
Stunning La Playa Coastal Retreat with Ocean Views! Experience luxury coastal living in this fully renovated 2024 Point Loma masterpiece, ideally situated in the coveted La Playa neighborhood. Just a short stroll to the beach, this modern home blends timeless elegance with resort-style amenities. The main residence offers split level living consists of 4 spacious bedrooms and 3.5 baths, including two primary suites with spa-like bathrooms. A detached guest house provides flexibility for visitors, multi-generational living, or a private office. The modern open-concept design features sleek finishes, expansive windows, and seamless indoor-outdoor flow. Step outside to your private paradise: a brand-new saltwater heated pool and spa, a putting green, and a game room for year-round entertainment. The upper balcony captures panoramic views of the backyard oasis, the harbor, and the Pacific Ocean beyond. No HOA and no Mello Roos. Walking distance to the beach, yacht club, restaurants, and shops. Just minutes to downtown San Diego
No exterior & parking available.
Grades K-4 • 0.8 mi
Grades 5-6 • 1.6 mi
Grades 7-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 3,000 | 2,281 | 75% |
| Lot Size | 7,102 | 5,283 | 71% |
| Price | $2.65M | $1.87M | 76% |
| Price per sq ft | $883 | $927 | 42% |
| Built year | 1956 | 1954 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 118 | 21% |
May 2, 2026
$2,650,000
Initial Listing
Oct 9, 2024
$1,802,000
Public Record