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.
9224 Lethbridge Way San Diego, CA 92129
Rancho Peñasquitos Perfection! Poway Schools! No HOA or Mello Roos! Beautifully sited atop an elevated lot with sweeping VIEWS (peek ocean view to the west!) this stunning residence is immaculately maintained & features newer, custom upgrades to the kitchen, baths & laundry plus a 3 car fully finished garage with custom California Closet organizers. Privacy abounds with panoramic vistas & year-round breezes, while the lush, fully-fenced backyard, shaded pergola & tidy landscaping are an entertainer’s delight. Step into the recently remodeled (2020) & perfectly planned kitchen showcased by shimmering quartz countertops, an oversized island with ample seating, designer backsplash, generous gourmet workspaces, pantry area with custom storage options, & Wi-Fi enabled Samsung black stainless-steel appliances. Custom soft-close cherrywood cabinets & drawers with KraftMaid built-in organizers accentuated by elegant under-cabinet & recessed lighting create on-trend style & beautifully functional space. A sun-bathed breakfast nook & coffee bar area offer space to enjoy casual meals while the dedicated separate dining area, perfect for hosting & entertaining, boasts lovely views of the lush private yard. The home features two distinct living areas, each with its own cozy gas fireplace. The primary bedroom is a spacious & serene retreat with vaulted ceilings, expansive walk-in closet & attached balcony perfect for taking in the views. The updated (2020) bathroom includes dual vanities with matching cherrywood cabinetry & soft-close features, a soaking tub & separate step-in shower. The dedicated office space on the main level offers additional optionality and versatility as a fifth bedroom with nearby full bathroom including tub and shower. Convenience is assured with interior laundry room equipped with full-size Samsung washer/dryer, separate utility sink, updated cabinetry and quartz countertops. Modern amenities abound, including Moen smart sink in the kitchen, newer water heater (2021), Nest smart home HVAC controller, dual pane windows, updated LED lighting with dimmer switches plus ceiling fans in all bedrooms, the office, and the family room. The family room fireplace was extensively remodeled with custom stone surround and pre-wired for easy A/V connectivity. A sweeping staircase grandly introduces the additional upstairs bedrooms, all generously sized and two of which feature walk-in closets. A nearby full bath boasts recent updates and a sunny skylight. The upgraded aesthetic of the home extends to all three FULL bathrooms, which include their own updated vanities and countertops (2020). The outdoor space stuns with recently re-sodded front and back lawn, mature fig tree, potted citrus and California native plants dotting the gentle slope and accentuating the lush privacy. The primary bedroom deck offers additional relaxation space to enjoy your private space and gaze westward towards the ocean visible on clear San Diego days. The fully-finished oversized three-car garage shines with epoxy flooring, a custom California Closet workbench system and storage closet with tool organizers and Wi-Fi enabled garage door openers. Recent exterior repainting plus roof powerwash (2020) and fresh interior/exterior touch-ups (2024) allow for a truly move-in ready home! Located near recreation areas, parks and excellent shopping and dining options, this home offers the perfect blend of convenience and tranquility. A short walk to the Black Mountain Open Space Park offers hikers, bicyclists and equestrians adventure, views and vistas. The beautifully landscaped yard and elevated lot provide unparalleled privacy and picturesque views towards La Jolla, making this home a classic San Diego gem. Don't miss this exceptional opportunity to own a piece of paradise.
| 30 minutes ago | Listing updated with changes from the MLS® | |
| 3 days 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.