
San Diego, California 92106
This Coastal View Residence in La Playa is a Strong Value Opportunity, listed at $3,300,000—positioned well below the $3,481,081 Fair Market Value by 5%. This valuation gap offers $181,081 in Instant Equity for buyers. While the home holds a Fair Condition Rating due to its 1993 finishes, it boasts protected panoramic views of the San Diego Bay and downtown skyline. Proximity to Point Loma High School and local yacht clubs enhances its long-term desirability. This property is perfectly suited for Owner-Occupants looking to build wealth through customization or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 595 Rosecrans Street Subject | $3,300,000* List Price | 4 | 3 | 2,272 | $1,532 | - |
A 2830 Noren Place Active | $3,850,000 List Price | 3 | 4 | 2,374 | $1,622 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and 'lovingly cared for,' but its last major renovation occurred in 1993, over 30 years ago. While the hardwood floors and coffered ceilings add timeless character, the kitchen features dated white appliances, 90s-style granite, and cabinetry that do not meet current modern luxury standards. Per the criteria, it falls into the 'fair' category as it was renovated between 15 to 30+ years ago and shows signs of being stylistically outdated despite its functional condition.
The property features unobstructed views of San Diego Bay, the downtown skyline, and Coronado, secured by a recorded view easement on two lower properties to preserve the vista indefinitely.
Situated in the prestigious La Playa enclave of Point Loma, the home offers exceptional walkability to yacht clubs, Kellogg’s Beach, and the scenic Bessemer Trail.
Beyond the open floor plan and dual view decks, the home includes a massive 19x17 lower-level storage room providing rare flexibility for a workshop, hobby space, or future customization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the home has been well-maintained, the primary remodel dates back to 1993, meaning many interior finishes may require modern updates to align with current luxury standards.
At approximately 5,005 square feet, the lot is relatively compact for the $3.3M price point, which may limit outdoor yard space for buyers seeking expansive private grounds.
Located in the prestigious La Playa neighborhood of Point Loma, this wonderful home offers an opportunity to own in one of Point Loma's most coveted coastal enclaves. Set on an elevated lot, the home captures unobstructed, panoramic views of San Diego Bay, the downtown skyline, Coronado Island and the iconic Coronado Bridge—along with a dynamic, ever-changing backdrop of marina activity and sailboats on the water. This charming 4-bedroom, 2.5-bath home blends timeless character with thoughtful design. Remodeled in 1993 and lovingly maintained, it features an open floor plan filled with warmth and natural light. Highlights include two fireplaces, hardwood floors, elegant coffered ceilings, and extensive built-ins throughout. Expansive windows and both upper and lower view decks provide the perfect vantage points to soak in the stunning coastal scenery. An attached two-car garage offers convenient direct access, while a spacious 19x17 lower-level storage room provides exceptional flexibility for hobbies, storage, or future customization. With no neighbor on one side, the property enjoys added privacy and direct backyard access to Perry Street. Ideally located just moments from yacht clubs, the scenic Bessemer Trail, and Kellogg’s Beach, this home also benefits from a recorded view easement on two lower Perry Street properties—helping to preserve the remarkable vistas for years to come. Enjoy close proximity to Shelter Island, La Playa Village’s charming shops and restaurants, Liberty Station, and all that Point Loma has to offer. This is coastal living at its finest.
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades 5-6 • 1.4 mi
Grades 7-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,272 | 2,083.5 | 57% |
| Lot Size | 5,005 | 5,264.5 | 37% |
| Price | $3.30M | $1.81M | 90% |
| Price per sq ft | $1.5K | $974 | 93% |
| Built year | 1940 | 1953 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 111 | 18% |
Apr 2, 2026
$3,300,000
Initial Listing