
San Diego, California 92109
This Spectacular Coastal Estate represents a High-Potential Investment Opportunity, listed at $4,000,000—positioned above the $3,321,519 Fair Market Value. While priced for its land and development potential, the property features a Condition Rating of 3 with a well-maintained Granite Kitchen. The massive 0.66-acre lot offers rare Panoramic Coastal Views and significant Lot-Split Potential. Located near Top-Rated Schools like Bird Rock Elementary, this estate is an ideal acquisition for Luxury Developers or Owner-Occupants seeking a custom compound in a prestigious neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5018 Soledad Rd Subject 3 bd · 2 ba · 2,151 sqft · $1,544 | $4,000,000* List Price | 3 | 2 | 2,151 | $1,544 | - |
A 1075 Opal St Sold 5 bd · 4 ba · 2,311 sqft · $1,352 · 0.8 mi | $3,125,000 | 5 | 4 | 2,311 | $1,352 | 0.8 mi |
B 938 Opal Sold 3 bd · 4 ba · 2,331 sqft · $1,373 · 0.9 mi | $3,200,000 | 3 | 4 | 2,331 | $1,373 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1960, the property features a well-maintained and updated kitchen with granite countertops, stainless steel appliances, and hardwood flooring. The home has thoughtful upgrades throughout, making it fully functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28700, living area = 2151.
Elementary School: Bird Rock Elementary School (10/10).
The property offers rare, sweeping views of Mission Bay and the San Diego skyline, providing a stunning visual backdrop that enhances both the prestige and long-term value of the estate.
With a $4 million list price for a 2,151-square-foot home, the valuation is heavily weighted toward the land, which may be a hurdle for buyers not looking for a major development project.
Built in 1960, the existing residence—while upgraded—may require significant modernization or a complete rebuild to align with the luxury standards expected at this price point.
Perched high above the city in the prestigious Kate Sessions neighborhood, this spectacular .66-acre estate offers a rare vantage point where the sparkling waters of Mission Bay meet the iconic San Diego skyline. By day, enjoy panoramic coastal views; by night, watch the city lights come alive in a dazzling display. This expansive property is a true rarity, offering the scale and privacy that the most discerning buyers dream of. Whether you envision creating a sprawling private compound, exploring the potential for a lot split, or developing a custom architectural masterpiece, the possibilities here are as vast as the views. The existing residence serves as a sophisticated sanctuary, featuring a beautifully appointed kitchen and thoughtful upgrades throughout. It is perfectly suited to enjoy as-is while you curate your long-term vision for the grounds. Properties of this magnitude, offering such a seamless blend of privacy and proximity to San Diego’s premier coastal lifestyle, are exceptionally hard to find. We invite you to come experience the setting, the serenity, and the extraordinary potential of this one-of-a-kind estate for yourself.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 2,151 | 1,752.269 |
| Lot Size | 28,700 | 6,446.159 |
| Price | $4.00M | $1.27M |
| Price per sq ft | $1.9K | $736 |
| Built year | 1960 | 1971 |
| HOA | $0 | $186 |
| Days on market | 31 | 41 |
Sep 24, 2026
$4,000,000
Initial Listing
Nov 22, 1999
$725,000
Public Record