3940 Gresham Street 121 121, San Diego, CA, 92109- Browse San Diego Homes For Sale - LaJolla.com

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.

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$2,450,000
41 Days Online

Bay Scene #121
3940 Gresham Street 121
San Diego, CA 92109

For Sale|Condo|Pending
2
Beds
2
Full Baths
0
Partial Baths
1,559
SqFt
$1,572
/SqFt
1974
Built
Subdivision:
Pacific Beach
County:
San Diego
Listed by Beth Aiello of Pacific Sotheby's International Realty ?
3940 Gresham Street  1213940 Gresham Street  1213940 Gresham Street  1213940 Gresham Street  121
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Welcome to luxury living at its best on one of the most coveted areas of Mission Bay, just steps away from the boardwalk, beach and water! This bay front, west facing, 2BR/2BA exquisite condo was completely remodeled with high end finishes throughout that seamlessly combines beauty and modern elegance. Step into a world of sophistication in this spacious floor plan with views of the bay from every room! Adorned with luxury vinyl plank flooring, character-defining woodwork including shiplap, custom wainscoting, and designer wall sconces, crystal chandeliers, plus two elegant fireplaces….every detail exudes refinement. The kitchen, a masterpiece of sleek design of stone counters with a waterfall edge, boasting well-appointed appliances, a wine fridge, and a serving island and bar that is sure to impress any culinary enthusiast. Three new AC/heater mini splits installed. The spacious, primary bedroom is a true sanctuary, with bay views through the floor to ceiling windows, and a spa-like ensuite bathroom featuring dual sinks, a gorgeous marble shower and custom closets. In unit laundry area was opened up with an arch barrel vault shape lined with opalescent shell tile from floor to ceiling and this area also serves as a bar with a recessed custom glass China cabinet with glass doors, shelves, and lighting inside. Hangout and enjoy your personal balcony with a herringbone floor and custom quartzite bar and watch the gorgeous sunsets or relax in the hammock. Don’t miss out on your immaculate, turn-key, dream residence in one of the San Diego’s most desired locations! You’ll stay busy with the resort-like, community amenities, including a refreshing pool, spa, sauna, gym, club house/lounge with a kitchen, game-room, outdoor showers, four BBQ grills, fire pit where you can warm yourself or roast s’mores, and a private sandy beach with sail boat, paddle board and kayak storage options. Take an easy stroll or bike ride down the boardwalk to amazing restaurants and shopping. Unit includes two parking spaces in the underground garage, storage area/closet, bike racks, EV charging spots and car wash area. You’ll fall in love with the lush, tropical landscaping with waterfalls and fountains while feeling secure in a fully gated complex.

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Listing Snapshot
Price 
$2,450,000
Days Online 
41 Days
Bedrooms 
2
Inside Area (SqFt) 
1,559 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1974
MLS® Number 
240007909
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
$1,100 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
4 weeks agoStatus changed to PENDING
a month agoListing first seen online
General Features
Parking Garage 
AssignedUnderground
Parking Garage Spaces 
2
Parkng Non-Garaged Spaces 
0
Sewer 
Public Sewer
Terms 
CashConventional
Stories 
1 Story
Interior Features
Additional Rooms 
Dining AreaMaster BedroomMaster Bathroom
Cooling 
Wall/Window
Heating 
Electric
Equipment 
DishwasherMicrowaveRefrigeratorElectric Cooking
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Exterior Features
Water 
Public
Pool 
Community/Common
Siding 
Wood/Stucco
Roof 
Mixed
Community Features
Elevator 
Yes
Sales Restrictions 
N/K
Home Owners Fee Includes 
Cable/TV ServicesCommon Area MaintenanceExterior (Landscaping)Exterior Bldg MaintenanceGated CommunityLimited InsuranceRoof MaintenanceTrash PickupWater
Age Restrictions 
N/K
Laundry Location 
Inside
Pets 
Allowed w/Restrictions
Neighborhood 
Sail Bay
Listed by Beth Aiello of Pacific Sotheby's International Realty ?



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2024 San Diego MLS®.

Data last update at 2024

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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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:

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

What factors are affecting the San Diego real estate market?

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.

Is San Diego currently a seller’s market for real estate?

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.

What types of homes are commonly available in San Diego?

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.

How do San Diego’s real estate prices compare to other major California cities?

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.

What are the best family-friendly neighborhoods in San Diego?

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.  

How does the home-buying process work 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.

Should I be aware of specific regulations or building codes 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.

What are the popular architectural styles of homes in San Diego?

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.