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.
5442 Shannon Ridge Lane San Diego, CA 92130
An oasis of luxury nestled in the prestigious community of Carmel Valley. This 4,226 sqft residence offers a lifestyle of unparalleled comfort and sophistication. Located on one of the most premiere VIEW homesites, this home is situated high above the Grand Del Mar. From inside the home and out, bask in the majestic views of the nearby golf course, resort and a series of mountain ranges that seem to cascade into infinity. Host an al-fresco dining party for family and friends. The built-in grill area will make entertaining easy, as the large island offers plenty of room for seating while you take in one of the most stunning backdrops in all of San Diego. Enjoy sunsets around the gas fire pit or elevated patio as you listen to your favorite tunes with the custom stereo system speakers throughout the yard. Take advantage of the extra space on your side yard to practice your short game on an artificial putting green, or work on your pickleball serve when youre not playing at The Grand Del Mar Club. Inside the home is just as impressive as the outdoors. As you step through the grand entrance, you are greeted by soaring ceilings, a spiraling staircase and beautiful tile floors. The gourmet kitchen is a culinary delight with top-of-the-line appliances, including a Sub-Zero refrigerator, Viking cooktop and double oven. There's an abundance of rich cabinetry, a corner pantry, and a large center island for entertaining guests or enjoying casual family meals as you take in your scenic backyard. Adjacent, the open-concept living area features a cozy fireplace and expansive windows that frame picturesque views of the surrounding landscape. The main level has a formal dining room with a separate prep and serving area for all your dinner parties. There is also a downstairs guest ensuite bedroom, office/study, powder room, laundry room with utility sink, and a custom-built, temperature-controlled wine cellar complete with a hermetically-sealed door constructed of solid wood and glass. Retreat up the grand staircase to the luxurious owners suite, where tranquility awaits. French doors lead to your private patio deck where you'll delight in kick starting your day with a cup of coffee while taking in the views. There is also a convenient staircase leading to your backyard sanctuary. The owners suite offers a spa-like experience with separate dual vanities, large walk-in tile shower with dual shower heads, a soaking tub and walk-in closet. Upstairs, there are two additional ensuite bedrooms, plus a huge bonus room that offers endless possibilities to personalize, perhaps as your private home gym, movie theater, or hobby room? This home is energy efficient with a 28-panel OWNED SOLAR system, Noritz tankless water heater, salt-free water filtration system, ceiling fans throughout, retractable screens on 3 doors, and newer HVAC units. There is also a security system with interior and exterior motion detectors and a 3-car garage with plenty of storage cabinets Conveniently located in close proximity to top-rated schools, shopping, dining, and recreational amenities, this exceptional residence offers the perfect blend of luxury and convenience. Don't miss your opportunity to experience the pinnacle of San Diego living at 5442 Shannon Ridge Lane. Welcome home!
| yesterday | Listing updated with changes from the MLS® | |
| 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.