5851 Overlake, San Diego, CA, 92120- 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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$2,750,000
33 Days Online

5851 Overlake
San Diego, CA 92120

For Sale|Single Family Home|Pending
4
Beds
3
Full Baths
1
Partial Bath
4,117
SqFt
$668
/SqFt
1968
Built
County:
San Diego
Listed by Gregory Scott of Pacific One Realty ?
5851 Overlake
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BREATHTAKING Lake and Mountain VIEWS from this prime location home directly overlooking Lake Murray. With 4 Bedrooms and 3 full/1 half baths, a formal dining room, a den, and a game/family room, this home has ample living and entertaining space. A notable feature is the lower level which houses a vast family room perfect for game nights or social gatherings. It also includes guest quarters complete with an en suite bathroom - ideal for accommodating visitors. Additional rooms can be used as optional office/den spaces based on your needs. The house also provides practical features like utility rooms for easy access to HVAC and plumbing systems plus two large storage rooms for all your organizational needs. This gorgeous home is just 10 miles away from the beach - imagine having such natural beauty within reach! The home is surrounded by highly rated schools and abundant recreational opportunities. Welcome to 5851 Overlake Avenue, a magnificent property nestled in the vibrant city of San Diego. This stunning home is listed at $2,750,000 and boasts a generous living space of 4,117 square feet situated on an expansive 12,400 sq ft lot. As you enter this remarkable residence, be prepared to be captivated by the breathtaking city lights views and serene mountain vistas that can be enjoyed from various vantage points throughout the home. The property's location offers tranquility and privacy while still being conveniently close to all the amenities San Diego offers. The house comes with four well-appointed bedrooms and three bathrooms. Additionally, there is an optional room that can be utilized as either a fifth bedroom or an office/den, depending on your needs. The large kitchen area is ideal for those who love cooking or entertaining guests. It provides ample space for meal preparation and flows seamlessly into the other living areas of the house. Two fireplaces add warmth and charm to this already inviting home, perfect for cozy evenings in. The lower level features a spacious family room, ideal for relaxing or hosting gatherings. A unique feature of this property is its lower-level guest quarters offering comfort and privacy to your visitors. Outside, expansive view decks are perfect for soaking up those beautiful San Diego sunsets or enjoying alfresco dining on warm summer nights. The property also includes a spacious three-car garage providing plenty of storage space or parking facilities. San Diego is renowned for its great schools, making it an excellent choice for individuals who value quality education options nearby. Moreover, with easy access to recreational activities such as parks, beaches, hiking trails along with shopping centers, restaurants, cultural attractions like museums and art galleries - there's always something new to explore around every corner. 5851 Overlake Ave offers not just a home but a lifestyle filled with comfort, convenience and beautiful surroundings. It's more than just a place to live, it's a place to create lasting memories.

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Listing Snapshot
Price 
$2,750,000
Days Online 
33 Days
Bedrooms 
4
Inside Area (SqFt) 
4,117 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
N/A
Year Built 
1968
MLS® Number 
240011324
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS®
3 weeks agoStatus changed to PENDING
a month agoListing first seen online
General Features
Parking Garage 
Attached
Parking Garage Spaces 
3
Parkng Non-Garaged Spaces 
0
Sewer 
Sewer Available
Terms 
CashConventionalVA
Stories 
3 Story
Interior Features
Additional Rooms 
Bedroom Entry LevelDenDining Room/SeparateMBR Entry LevelStorage RoomUtility RoomGame RoomLaundryWalk-In Closet
Cooling 
Central Forced Air
Heating 
Natural Gas
Equipment 
DishwasherDisposalRange/OvenRefrigeratorSolar Panels
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Exterior Features
Water 
AvailableMeter on Property
Pool 
N/K
Siding 
Stone
View 
Lake/RiverMountains/HillsParklikeCity Lights
Roof 
Composition
Community Features
Sales Restrictions 
N/K
Age Restrictions 
N/K
Laundry Location 
Laundry Room
Pets 
Yes
Neighborhood 
DEL CERRO
Listed by Gregory Scott of Pacific One 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.