3608 Oleander, Point Loma (Pt Loma), CA 92106

$2,995,000
5
BD
5
BA
3,269
SqFt

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List Price
$2,995,000
Price Change
▼ $105,000 1781741823
Status
ACTIVE
MLS#
260006868SD
Year Built
1951
Bedrooms
5
Bathrooms
5
Living Sq. Ft
3,269
Lot Size
6,400
Acres
0.15
Days on Market
87
Property Type
Single Family Residential
Style
Modern
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Point Loma

Property Description

Experience elevated coastal living in this exceptional, 5-bedroom, 4.5-bath, 3,269 sqft home located in the highly coveted Loma Portal neighborhood of Point Loma. A "New-Build" Remodel in 2021, unlock additional income potential with the first-floor ensuite conversion into a separate ADU or in-law suite. Currently operating as a top-performing short-term rental generating $270K+ annually, this property has projected upside exceeding $300K+ through strategic amenity enhancements. Assumable 2.8% VA loan! Designed for luxury living through high-performance rental income, the home features an open-concept layout anchored by a grand staircase, a chef’s kitchen with premium stainless steel appliances and a built-in Thermador espresso system, and fully integrated motorized blinds. Fleetwood floor-to-ceiling glass systems define the home, featuring a dramatic oversized pivot front entry and dual rear pocketing glass walls that fully retract to create seamless indoor-outdoor living. The private outdoor retreat includes a heated saltwater pool, recessed ceiling-mounted patio heaters, and multiple lounge and dining areas. Convert the expansive lower yard space for a mini pickleball court, further enhancing guest appeal and revenue potential. Energy-efficient features include solar panels integrated with a TPO roofing system and a 220V EV charging outlet in the attached two-car garage. Situated on a quiet cul-de-sac with views of SeaWorld fireworks, this home is just minutes from Liberty Station, Sunset Cliffs, San Diego’s iconic beaches, waterfront dining, and downtown.

Additional Information

Appliances
6 Burner Stove, Built-In Range, Barbecue, Built-In, Convection Oven, Counter Top, Double Oven, Dishwasher, Freezer, Gas Cooking, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater
Pool Description
Fenced, Gas Heat, Heated, In Ground, Pool Cover, Salt Water
Fireplace Description
Gas, Living Room
Heat
Electric, Forced Air, Fireplace(s), Solar
Cooling
Yes
Cooling Description
Central Air, Electric, High Efficiency, Zoned
Exterior Construction
Stucco
Patio
Rear Porch, Covered, Deck, Open, Patio
Roof
Flat, Synthetic
Garage Spaces Total
2
Water
Public
Interior Features
Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Bedroom on Main Level, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
Attached Structure
Detached

Listing courtesy of Listing Agent: Mark Palmiere (mark@westcoasthomestays.com) from Listing Office: Grandfield Properties, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.