
San Diego, California 92107
This Coastal Value-Add Residence is listed at $1,970,000, positioned above the $1,847,028 Fair Market Value due to its rare Development Potential. The property offers a significant opportunity to build up to 5,000 sqft in a premier location. Currently maintaining a Fair Condition Rating, the 2020 Construction features a 5-bedroom layout and an expansive deck and patio. Zoned for the 10/10 rated Ocean Beach Elementary School, it balances immediate lifestyle with future appreciation. This is an ideal acquisition for Multi-Generational Families or Strategic Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4862 Voltaire Subject | $1,970,000* List Price | 5 | 4 | 2,507 | $737 | - |
A 4633 35 Lotus St Sold | $1,800,000 | 5 | 3 | 2,089 | $862 | 0.3 mi |
B 2068 Guizot St Sold | $1,550,000 | 4 | 3 | 2,238 | $693 | 0.5 mi |
C 4484 Long Branch Avenue Sold | $1,615,000 | 3 | 3 | 2,287 | $706 | 0.5 mi |
D 4522 Brighton Avenue Sold | $1,675,000 | 4 | 3 | 2,148 | $780 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the listing indicates a 2020 build year, the interior images reveal a property that appears stylistically dated and lacks modern high-end finishes. The presence of wall-mounted heaters, small-square tile flooring throughout the living areas, and older-style kitchen cabinetry and fixtures suggest a condition more consistent with a 'Fair' rating. The property is functional and maintained but does not meet the 'Excellent' or 'Good' standards typically expected of a home built within the last 5 years.
Elementary School: Ocean Beach Elementary School (10/10).
The property offers a rare and significant value-add opportunity with the potential to build up to 5,000 sqft, allowing for a massive expansion in a high-demand coastal market.
Built in 2020, this 5-bedroom home features contemporary architecture, an open-concept layout, and indoor-outdoor flow that is difficult to find in the older, historic Ocean Beach neighborhood.
Situated on Voltaire Street, a primary thoroughfare in Ocean Beach, the property may experience higher levels of street noise and pedestrian traffic compared to quieter residential side streets.
With a list price of $1.97M, the property is positioned at the top of the local market, which may limit the buyer pool to high-end investors or luxury-seeking residents.
This is a great opportunity to build up to $5000sqft in the heart of Ocean Beach. Welcome to your coastal retreat in the heart of Ocean Beach—where laid-back charm meets everyday comfort just blocks from the sand. This beautifully designed 5-bedroom, 3.5-bathroom home captures the true spirit of beachside living with a bright, open layout and an effortless indoor-outdoor flow. The airy living space is filled with natural light and thoughtfully updated finishes, creating a warm and inviting atmosphere. Whether you're hosting friends or enjoying a quiet night in, the spacious layout offers flexibility for both entertaining and everyday living. Out back, the expansive deck feels like your own private escape, surrounded by lush landscaping and a generous patio area—perfect for soaking up the coastal breeze or unwinding under the stars. With the beach just moments away, your days can start with morning walks along the shore and end with sunset views nearby. Ideally located in one of Ocean Beach’s most sought-after neighborhoods, you’re close to local favorites, boutique shops, and vibrant dining, with easy access to everything that makes this community so special. Experience the best of Southern California living in a home that truly has it all—space, style, and an unbeatable location.
No exterior & parking available.
Grades K-4 • 0.4 mi
Grades K-4 • 1.2 mi
Grades K-4 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 2,507 | 1,987 | 67% |
| Lot Size | 5,410 | 7,000 | 23% |
| Price | $1.97M | $1.97M | 50% |
| Price per sq ft | $786 | $1.1K | 13% |
| Built year | 2020 | 1957 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 140 | 10% |
Apr 3, 2026
$1,970,000
Initial Listing
Oct 16, 2018
$299,000
Public Record
Sep 18, 1998
$165,000
Public Record