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A rare opportunity to own one of San Diego Bay's premier view properties and unlock exceptional equity potential. Located in Point Loma's prestigious La Playa neighborhood, between the world-renowned San Diego Yacht Club and Southwestern Yacht Club, this 9,700+ sq. ft. gently sloping lot is surrounded by luxury estates. Build your dream estate without years of coastal permitting delays. This shovel-ready opportunity includes approved plans in the final submission phase and Coastal Commission clearance already secured. The proposed 6,033 sq. ft. residence features 5 bedrooms (plus optional 6th), 5.5 baths, an elevator, 4-car tandem carport, and 2,086 sq. ft. of view decks designed to maximize breathtaking panoramas of San Diego Bay, the downtown skyline, passing yachts, sparkling city lights, and the city's iconic fireworks. The property offers dual access from Rosecrans Street and San Antonio Place (via private easement), mature fruit trees, and a coveted private easement to the historic waterfront Bessemer Path. Enjoy easy access to Kellogg Beach, Shelter Island, marinas, and the best of Point Loma's waterfront lifestyle. Not ready to build? The existing 4-bedroom home is comfortable and move-in ready, allowing you to enjoy the spectacular views while planning your future masterpiece. This is a rare chance to create a world-class estate in one of San Diego's most exclusive bayside neighborhoods. *This sale includes the existing property plus approved plans for a 6033 sqft residence that are in the final submission phase with the City of San Diego.*
Property Type(s):
Single Family
| Last Updated | 7/21/2026 | Tract | Point Loma |
|---|---|---|---|
| Year Built | 1951 | Community | 92106 - Point Loma |
| Garage Spaces | 2.0 | County | San Diego |
Price History
| Prior to Jul 21, '26 | $5,499,900 |
|---|---|
| Jul 21, '26 - Today | $4,899,900 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Free-Standing Range, Microwave, Refrigerator |
| AREA | 92106 - Point Loma |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Built-in Features, Ceiling Fan(s), Master Downstairs, Recessed Lighting |
| LOT | 9771 sq ft |
| LOT DIMENSIONS | 9769 |
| PARKING | Driveway, Garage, Garage Door Opener |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Contemporary, SeeRemarks |
| SUBDIVISION | Point Loma |
| UTILITIES | Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Bridge(s), City Lights, Harbor, Marina, Ocean, Panoramic, Water |
| WATER | Public |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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