
San Diego, California 92101
This Luxury Marina District Residence is a Strong Value Opportunity, listed at $1,990,000—positioned well below the $2,164,223 Fair Market Value by 8%. This valuation gap offers $174,223 in Instant Equity. Featuring a Mint Condition Rating and a rare three-level loft design with 1,100 sq. ft. of private outdoor space, this home offers a sophisticated, turnkey lifestyle. It is an ideal acquisition for discerning urban professionals or luxury owner-occupants seeking a unique, high-end architectural sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Front Street 204 Subject | $1,990,000* List Price | 2 | 3 | 1,966 | $1,087 | - |
A 645 Front St 1215 Sold | $1,425,000 | 3 | 3 | 1,753 | $813 | 0.1 mi |
B 550 Front St 2303 Sold | $1,910,000 | 2 | 3 | 1,492 | $1,280 | 0.1 mi |
C 500 W Harbor 1601 Sold | $1,575,000 | 2 | 2 | 1,492 | $1,056 | 0.1 mi |
D 325 7th 2304 Sold | $1,762,500 | 2 | 2 | 1,439 | $1,225 | 0.4 mi |
E 325 7th Avenue 2104 Sold | $1,797,500 | 2 | 2 | 1,587 | $1,133 | 0.4 mi |
F 700 Front St 1402 Sold | $2,150,000 | 2 | 2 | 1,940 | $1,108 | 0.2 mi |
G 100 Harbor Drive 2805 Sold | $2,425,000 | 3 | 3 | 2,510 | $966 | 0.2 mi |
H 200 Harbor Drive 2602 Sold | $1,565,000 | 2 | 2 | 1,474 | $1,062 | 0.2 mi |
I 550 Front Street 2802 Active | $1,988,800 List Price | 3 | 2 | 1,587 | $1,253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively remodeled within the last 5 years with high-end finishes including SieMatic cabinetry, Thermador appliances, and stone slab surfaces. Systems are updated with new air handlers and Lutron RA3 smart lighting, putting the property in mint, move-in ready condition.
Boasting over 1,100 sq. ft. of private exterior space, including a 625 sq. ft. rooftop terrace with a built-in BBQ, this residence offers an indoor/outdoor lifestyle rarely found in urban high-rises.
Extensively renovated by Studio Simic, the home features premium finishes like SieMatic cabinetry, Thermador appliances, and Lutron RA3 smart lighting, creating a sophisticated NYC-inspired industrial aesthetic.
The rare three-level loft design with dramatic 15-foot ceilings and soaring windows provides a sense of scale and character that distinguishes it from typical downtown condominium layouts.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1966, other record living area = 1734.
The monthly HOA fee of $1,618.85 represents a significant recurring carrying cost that may impact the overall affordability and appeal for some buyers.
The three-level configuration requires navigating multiple sets of stairs within the unit, which may be a drawback for buyers prioritizing accessibility or a single-level floor plan.
Horizons #204 is a one-of-a-kind Marina District residence with a rare three-level loft-inspired design, dramatic 15-foot ceilings, soaring windows, and extraordinary indoor/outdoor living, including over 1,100 sq. ft. of private patio, balcony, and deck space. Extensively remodeled by Studio Simic, the home blends NYC-inspired industrial character with refined modern finishes, including brick veneer walls, custom black-stained rift-sawn oak SieMatic cabinetry, Thermador appliances, backlit stone surfaces, Lutron RA3 smart lighting, porcelain tile flooring, and a reimagined open-plan layout. The mezzanine level adds flexible office/lounge space with a custom wet bar, while the approximately 625 sq. ft. private rooftop terrace features a built-in BBQ and Nano door access. 2 parking spaces and additional secured storage. Horizons offers 24-hour staffed security, pool, spa, fitness center, onsite management, and a prime Marina District location. See supplement for further details… A truly distinctive offering in Horizons, Residence 204 feels more like a private urban loft than a typical Downtown condo. This rare three-level Marina District home combines dramatic 15-foot ceilings, soaring windows, and over 1,100 sq. ft. of private patio, balcony, and deck space, including an approximately 625 sq. ft. rooftop terrace with built-in BBQ and Nano door access. Extensively remodeled by Studio Simic, the residence reflects a level of design, customization, and finish continuity rarely found in the building. The cohesive NYC-inspired industrial design carries across all levels, with brick veneer on the interior-facing exterior walls, dark architectural window framing, black stair railings, porcelain tile flooring, custom lighting, and a reconfigured open-plan layout that gives the residence a strong architectural identity. The kitchen was redesigned around an extended island with backlit stone slab countertops and backsplash, custom black-stained rift-sawn oak SieMatic cabinetry, Thermador appliances, an integrated island range hood, under-cabinet lighting, and an enlarged walk-in pantry created by relocating the powder bath entry. The mezzanine level adds valuable flex space with a custom wet bar and copper basin sink, making it ideal for an office, lounge, media area, or entertaining space. The home also includes two new air handlers, Lutron RA3 smart lighting, upgraded bathrooms with stone slab surfaces, a primary bath with dual shower heads and electronic/digital shower controls, humidity-sensing exhaust fans, ventless washer/dryer, 2 parking spaces, and additional secured storage. Located on the pool deck level near the fitness center, the residence offers convenient access without relying on the main lobby elevator. Horizons remains one of the Marina District’s most desirable residential high-rises, with 24-hour staffed security, onsite management, pool, spa, fitness center, billiard room, conference room, and ample guest parking. The location is just as strong, with Ralphs Signature Market directly across the street and easy access to the waterfront, Seaport Village, The Rady Shell, Petco Park, theatres, parks, dining, shopping, and the best of Downtown San Diego. HOA documents show 1966 sq ft, assessor's record shows 1734 sq ft.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,966 | 999 |
| Lot Size | - | 84,697.5 |
| Price | $1.99M | $604.2K |
| Price per sq ft | $1.0K | $618 |
| Built year | 2002 | 1985 |
| HOA | $1618.85 | $500 |
| Days on market | 33 | 53 |
Jun 19, 2026
$1,990,000
Initial Listing
Apr 2, 2021
$1,240,000
Public Record
Oct 11, 2001
$750,000
Public Record
Jul 17, 2001
$455,000
Public Record