San Diego Real Estate
When it comes to real estate, San Diego is a goldmine of opportunities. World-renowned for its bedazzling coastline, year-round sunshine, and vibrant culture – it’s a no-brainer that people are flocking here to stake their claim and call SD home sweet home. But what does the real estate market look like in this sparkling city paradise? We’re here to answer that question and many other inquiries you might have about San Diego real estate.
7037 La Sena Avenue San Diego, CA 92114
"What? A HUGE 6 bedroom, 3 bathroom, 3200+ square foot home, with not one but TWO master bedrooms, in the heart of San Diego, for under a million dollars??? Impossible!" That's what I thought, but not only does it exist, it's actually for sale! This is the ONLY property in all of San Diego, that's over 2500 square feet, and below $1.25 million! Welcome to your dream home in the sought-after Encanto/Skyline Hills neighborhood of sunny San Diego! This stunning 6-bedroom, 3-bathroom residence is a true gem, offering the ideal blend of luxury, spaciousness, and comfort. As you step through the front door, you'll immediately be struck by the beauty of this fully upgraded home. The spacious, open layout is perfect for multi-generational living, providing plenty of room for both relaxation and entertainment. Natural light pours in through dozens of new dual-pane vinyl windows, creating a warm and inviting atmosphere throughout the 3,233 square feet of living space. Permits unknown on "bonus room" to the left of the living room. The heart of this home is undoubtedly the chef's kitchen, a true masterpiece. No expense was spared in its design, featuring top-of-the-line LG stainless steel appliances that will delight any culinary enthusiast. Imagine whipping up gourmet meals with ease and style in this elegant and functional space. This home boasts not one, but two master suites, making it perfect for multi-generational living or accommodating guests in unparalleled comfort. One master suite is conveniently located downstairs, offering accessibility and convenience, while the second is upstairs for added privacy. Straight from the pages of a Better Homes and Garden magazine, they feature well-appointed en-suite bathrooms and generous closet space. Step outside to your own private oasis, where you can make priceless memories while hosting family and friends for backyard BBQs, or invite the neighbors over for fun cookouts. The expansive outdoor space has mature fruit trees, and provides ample room for outdoor dining, gardening, and enjoying the beautiful San Diego weather year-round. There's even a massive roof-top deck off the upstairs master suite, with spectacular views and a refreshing breeze. Every inch of this home has been meticulously renovated, upgraded, and updated, designed to provide the utmost in tranquility, comfort, functionality, and style. From the new luxury vinyl plank floors and plush carpet, to the fashionable fixtures and finishes, this property exudes quality and attention to detail throughout. Located in the desirable Encanto/Skyline Hills neighborhood, (a quiet and peaceful suburban paradise) you'll enjoy easy access to parks, schools, shopping, dining, and all the attractions that San Diego has to offer. Only 15 minutes to Balboa Park, and about 20 minutes to downtown or the beach on Coronado Island. This is the one your buyers have been waiting for a true haven of luxury, space, and convenience. Don't miss the opportunity to make this stunning property your forever home. This one is special, listed well below market value for a quick sale. Schedule a showing today, and make your home ownership dreams come true!
3 days ago | Listing updated with changes from the MLS® | |
3 days ago | Status changed to PENDING | |
2 weeks ago | Listing first seen online |
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Data last update at 2024
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Is San Diego a Good Place for Real Estate?
As if the jaw-dropping natural beauty, fascinating people, or sensational weather isn’t alluring enough, you might be wondering what other factors make San Diego real estate a hot commodity in Southern California. Let’s start with the explosive growth of several booming industries in the area. From biotech to defense, tourism to innovative tech startups – San Diego is a mecca for business enterprise. Then we have the quality of life, which is superior compared to other regions in the state. World-class dining, tons of sizzling entertainment venues, wicked-awesome surfing – there’s no end to the adventures and experiences new residents can enjoy in San Diego. For these and many other reasons, San Diego is a prime place for real estate today.
How to Choose a Real Estate Property in San Diego
This is a bit of a clincher because while there is primo real estate in San Diego to be found, the demand is high, and the supply is low. That’s great for the market, but finding that “just right” home in such a competitive market can be tough. Not to worry, here are a few tips for finding the best San Diego real estate:
- Get Clear About Your Needs and Expectations: Make a clear plan about what you want and what you can afford. This will serve as a roadmap as you search for your dream property in San Diego.
- Research Different Neighborhoods: Did you know there are about 100 different neighborhoods in San Diego? Each one has its own unique traits with pros and cons in each area (don’t worry, we’ll get into different neighborhoods in a minute). Investigating different areas will help you prepare to choose the best property.
- Get a Real Estate Agent: The absolute best way to find your perfect home in SD is to defer to an expert. With all the variables and complexities of the San Diego real estate market, a Realtor can be a godsend in navigating available inventory (and even getting privy to upcoming listings).
Best Neighborhoods to Stay in San Diego
The beauty of San Diego real estate for sale is the diversity. From ultra-urban to beachside bliss, well-heeled neighborhoods to suburban serenity – SD has it all. But which neighborhoods are the best? Well, we’re partial to La Jolla, of course. It has incredible beaches, a charming village atmosphere, and sensational dining and entertainment. For anyone looking for a more vivacious urban vibe, the Gaslamp Quarter can’t be beat. Then there’s North Park, a hip scene with a thriving art life, local craft breweries, and eclectic entertainment venues. Check out our San Diego real estate listing by neighborhood to get a better feel for each area.
San Diego Real Estate FAQs
One of the most significant factors is population growth. At the time of this writing, the population of SD is over 3.3 million, which is a .73% increase from the previous year. Combine this influx with limited real estate inventory, and you’re dealing with a big competitive market that is constantly impacting San Diego real estate. Other factors, such as increased interest rates, economic conditions, real estate taxes, zoning regulations, etc., can also influence the market.
The market fluctuates, but San Diego is experiencing a strong seller’s market at the time of this writing. The demand for homes in SD has been consistently high, with ongoing limited inventory. This creates a robust environment where sellers in SD have the upper hand.
That’s another fabulous aspect of San Diego – we have it all! From ultra-lavish to quaint little bungalows on the beach, real estate here is as diverse as the city itself.
Regardless of multi-million dollar residential property sales, San Diego has a surprisingly low price point for real estate compared to other California cities. For instance, SD’s median home price (to date) is $910,000, whereas CA homes in cities like San Jose and San Francisco fetch a median price of $1.25 million.
More great news on the San Diego real estate front – there are tons of family-friendly neighborhoods with terrific schools sprinkled throughout SD County. For instance, Carmel Valley is appealing to families because of all of its recreational activities for kids, spacious parks, and superior schools. Point Loma is also a gem of an area that attracts families looking for a quiet, coastal neighborhood with the beach just minutes away. A bit of deeper research or a sit-down with your real estate agent will illustrate all the various areas families are craving to settle into in San Diego.
It works very similarly as it does in most other states in the US. The typical process is, first, securing the money for the home or getting pre-approved for a home loan. Once you and/or your real estate agent find the available home of your dreams, it’s time to make an offer. If accepted, you’ll enter into a period of escrow when financing is secured, home inspections are done, and ancillary negotiations are made. Once all the wrinkles are ironed out, real estate documents are prepared and filed, funds are transferred from buyer to seller, and you’ve made a bonafide purchase of real estate in San Diego.
Yes, there are several. For example, the California Building Code establishes requirements for construction projects. SD also has its own set of zoning regulations which establish how land is utilized in different regions of the city. There are also regulations about multi-unit buildings, commercial structures, retail spaces, etc. Talk with your real estate agent to get the whole skinny on SD real estate regulations.
San Diego might be best known for their historic Spanish Colonial revival-style homes, but the city offers up a plethora of other different architectural styles. For instance, you can find hints of Spain and Italy in some Mediterranean-inspired homes. You’ll also find Craftsman, Ranch styles, Tudor-style homes, and Mid-Century Modern. There really is no limit to the imaginative styles of architecture you’ll find in San Diego.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.