Million Dollar Condos For Sale in Point Loma, San Diego, CA - Updated Every 15 mins.

Looking to live it up and live in pleasant Point Loma, San Diego, CA? If you’re looking for million dollar condos for sale in Point Loma in San Diego, CA reach out to Whissel Realty Group today, and we’ll help you find your ideal home at your ideal price.

 

ABOUT POINT LOMA, SAN DIEGO, CA

Point Loma, CA is a lovely coastal community at the western edge of San Diego City known mainly for its historical significance and the large military presence in it. Home to 48,000 people, this hilly peninsula helps define the San Diego Bay area and as such gets some of the fanciest restaurants, the yacht clubs, and great hotels – the whole luxury community treatment. Many people move to Point Loma because of the following reasons:

1)      Small-town vibes. Despite being an upscale neighborhood so close to the city center, it’s very much retained that suburban feel and sense of community that it’s always had.

2)      Jobs in the military. There are two bases and several other military installations in Point Loma which employ upwards of 22,000 people in total.

3)      It’s surrounded by the ocean. Being in a peninsula has its perks, one of them being you get to surf, go boating, or just watch the yachts go by on a café by the beach at any time.

4)      The view is a BIG plus. There’s no other place in CA that’s best for viewing a sunset than on Sunset Cliffs. And have you seen San Diego Bay at night? Simply breathtaking.

+ HOW MUCH DO LUXURY HOMES COST IN POINT LOMA, SAN DIEGO?

As of March 2021, the median price of homes in San Diego is $978.91k. But since Point Loma is a luxury community, you can expect single family properties in the area to go above the $1 million mark in most neighborhoods. Prices will largely depend on what part of town you look. Detached homes will probably cost anywhere from $800k to $1.5 million in areas like Point Loma Heights, whereas beach neighborhoods like Sunset Cliffs will net you a range of $1 to 3 million. It depends mostly on the property, too, but it’s not uncommon for single-family homes to have good lot sizes, upwards of 1000 sqft., as well as spacious backyards.

+ WHAT IT'S LIKE TO LIVE IN POINT LOMA, SAN DIEGO?

A quick drive through the hilly stretch that is Point Loma, CA is all you need to be convinced: it’s paradise on earth. The breathtaking sights of the Pacific to the west, the awe-inspiring skyline of San Diego to the East, the relaxing panorama of yachts cruising along from Liberty Station – the views alone are reason enough for many to live in this suburban neighborhood so close to the coast. That closeness, too, is impetus for some. Easy access to beaches like Point Loma Tide Pools and the abundance of activities on the water make living in Point Loma a dream for people who like boating, swimming, or surfing. A good part of the population here is accounted for by established families, retirees, and people who currently work in the military, as well as students from Point Loma Nazarene University. To top it all off, it’s brimming with history wherever you look; from the various monuments of Juan Cabrillo discovering San Diego to the many century-old prairie style homes throughout the neighborhood, there’s always opportunity to appreciate the past that made San Diego so great today.

+ WHAT IS POINT LOMA, SAN DIEGO, KNOWN FOR?

Point Loma is known for having a little bit of everything: beaches, theaters, great dining options, and all the basic amenities so you don’t have to leave the area if you’re just out to do some shopping. But convenience isn’t all this neighborhood has to offer. Liberty Station in particular is famous for being the “posh” area of Point Loma and has some of the fanciest restaurants in all of San Diego. Top-rated establishments like Solare and Officine Buona Forchetta are cases in point. It’s also home to Liberty Public Market, where you’ll get almost anything that you’ll need, and catch an event or two while you’re getting them. (Fun fact: Liberty Station was previously a military base, so you’ll find military architecture featured there heavily). Other places of interest would be the southern tip of the peninsula, where the Cabrillo National Monument stands. Point Loma, after all, is quite famous as where the Spanish explorer Juan Cabrillo dropped anchor during his California expedition.

+ IS POINT LOMA, SAN DIEGO, INVESTOR-FRIENDLY?

The main upside of buying investment properties in Point Loma is it’s never hard to sell: it’s a semi-posh area with beautiful properties, nice vistas, and amazing weather – it’s every seller’s dream scenario. And if you’re looking for properties to rent out, you’re equally in luck: over 50% of homes are renter-occupied, so you would have little to no trouble finding tenants (that means you get to be picky!). Basically, it’s less a question of “why” and more a question of “where”; most condos and homes in Point Loma don’t go below the $500k mark, and the price changes depending on the area. Upscale properties in Shelter island or Sunset Cliffs, for example go anywhere from $700k to $3 million. But if you’re looking to buy closer to the million-dollar mark, you’ll find properties in Point Loma Heights and Loma Portal that are just up your alley.

POINT LOMA, SAN DIEGO, CA: A CLOSER LOOK

The Best Real Estate Agency in North Park, San Diego

Whissel Realty Group is your top pick for everything San Diego Real Estate. They have helped thousands find the home of their dreams at the price of their dreams, so if you’re looking for condos for sale in Point Loma in San Diego, CA that are $1 million or more, reach out to us at (619) 618-7997, email kyle@whisselrealty.com, or visit us at 3180 University Avenue Suite 600, San Diego, CA, 92104.