617 Gage Drive, San Diego, California 92106, San Diego, 92106 - 4 bed, 6 bath
617 Gage Drive
San Diego, California 92106
Property Price
SUMMARY
Analysis of 617 Gage Drive, San Diego, California 92106 reveals a Prime Investment Opportunity with a current list price of $6,198,000—significantly undercutting the $6,790,171 Fair Market Value by 8%. This valuation gap indicates a +$592,171 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 617 Gage Drive Subject | $6,198,000* List Price | 4 | 6 | 5,140 | $1,321 | - |
A 621 San Elijo Street Sold | $6,277,000 | 4 | 7 | 4,524 | $1,387 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2000, this property has clearly undergone extensive, high-quality renovations, particularly evident in the 'modern chef’s kitchen' with custom quartz countertops and the luxurious primary bathroom featuring contemporary fixtures, stylish vanities, and a spacious glass shower. The overall interior boasts modern finishes, recessed lighting, and pristine flooring (hardwood, wood-look LVP, and clean carpets). The exterior and amenities, including the resort-style pool, spa, and sport court, are meticulously maintained and appear virtually new, reflecting a property that meets current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21607, living area = 5140.
- Unrivaled Panoramic Views
The property boasts sweeping panoramic views of Coronado, San Diego Bay, and the downtown skyline from its elevated position on a prestigious street.
- Exceptional Resort-Style Grounds
The oversized, terraced backyard offers a complete resort experience with a waterfall pool & spa, outdoor BBQ & Bar, fire features, putting green, and a sport court.
CONSRISKS & DEFICIENCIES
- Significant Price Reduction
The property has undergone a substantial price reduction from its original list price of $6.995M to $6.198M, which may suggest initial overpricing or extended market time.
- High Ongoing Maintenance Costs
The extensive resort-style grounds, pool, spa, sport court, and guest house will likely incur significant ongoing maintenance, landscaping, and utility expenses for the owner.
- Potential for Interior Updates Beyond Kitchen
While the kitchen is described as modern, the home was built in 2000, and other areas such as bathrooms or general finishes may not be fully updated to the latest luxury standards, potentially requiring further investment.
About 617 Gage Drive
Now offered at $6,198,000, representing exceptional value in the coveted La Playa & Wooded Area. Elevated on a prestigious, quiet street, this bespoke residence sits on a rare ½-acre lot capturing sweeping panoramic views of Coronado, San Diego Bay, and the downtown skyline. The home is designed for entertaining, featuring a dramatic double-height living room, curved staircase, and a modern chef’s kitchen with custom quartz countertops. The resort-style grounds are exceptional, terracing down the oversized backyard to reveal a complete resort experience: an outdoor BBQ & Bar, waterfall pool & spa, fire features, putting green, and a sport court (pickleball ready). Multiple lounge areas overlook these amenities, creating the ultimate private retreat. The property includes a detached ~700 SqFt 2-bedroom guest house (ideal ADU, office, or gym combination), a 3-car garage with Tesla charging, and solar. Two gated entrances ensure privacy and ample parking. The oversized primary suite features a fireplace, expansive bathroom, and stunning views. A must-see value for the neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 21,607 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 6.0 | 3.0 | 95% |
| Square foot | 5,140 | 2,219 | 97% |
| Lot Size | 21,607 | 5,294 | 97% |
| Price | $6.20M | $1.85M | 95% |
| Price per sq ft | $1.2K | $935 | 85% |
| Built year | 2000 | 1953 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 162 | 20% |
Pricing History
Listed for Sale
Jan 31, 2026
$6,198,000
$6,995,000
-11% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$6,995,000
Initial Listing
Sold
Jul 21, 2000
$2,500,000
Public Record
Sold
Sep 30, 1999
$925,000
Public Record