3608 Oleander , San Diego, CA 92106
$2,995,000
Est. Payment: $15,123.87/mo
5 Bed
5 Bath
3269 Sqft
Status: active | Days on site: 52
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Experience elevated coastal living in this exceptional, 5-bedroom, 4.5-bath, 3,269 sqft home located in the highly coveted Loma Portal neighborhood of Point Loma. A "New-Build" Remodel in 2021, unlock additional income potential with the first-floor ensuite conversion into a separate ADU or in-law suite. Currently operating as a top-performing short-term rental generating $270K+ annually, this property has projected upside exceeding $300K+ through strategic amenity enhancements. Assumable 2.8% VA loan! Designed for luxury living through high-performance rental income, the home features an open-concept layout anchored by a grand staircase, a chef’s kitchen with premium stainless steel appliances and a built-in Thermador espresso system, and fully integrated motorized blinds. Fleetwood floor-to-ceiling glass systems define the home, featuring a dramatic oversized pivot front entry and dual rear pocketing glass walls that fully retract to create seamless indoor-outdoor living. The private outdoor retreat includes a heated saltwater pool, recessed ceiling-mounted patio heaters, and multiple lounge and dining areas. Convert the expansive lower yard space for a mini pickleball court, further enhancing guest appeal and revenue potential. Energy-efficient features include solar panels integrated with a TPO roofing system and a 220V EV charging outlet in the attached two-car garage. Situated on a quiet cul-de-sac with views of SeaWorld fireworks, this home is just minutes from Liberty Station, Sunset Cliffs, San Diego’s iconic beaches, waterfront dining, and downtown.

Highlights

Listed by Mark Palmiere , 585-739-6955 and Daniel Grandfield , 781-727-2786 Grandfield Properties, Inc. , CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

1951

County

San Diego

Area

92106 - Point Loma

Neighborhood

Point Loma

Listing ID

260006868SD

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:6 Burner Stove, Built-In Range, Barbecue, Built-In, Convection Oven, Counter Top, Double Oven, Dishwasher, Freezer, Gas Cooking, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater
Air Cond:Central Air,Electric,High Efficiency,Zoned
Fireplaces:Gas,Living Room
Other:Balcony,Ceiling Fan(s),High Ceilings,Living Room Deck Attached,Open Floorplan,Pantry,Recessed Lighting,Bedroom on Main Level,Main Level Primary,Walk-In Pantry,Walk-In Closet(s)
Other:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:R-1:SINGLE
Roof:Flat,Synthetic
Others:Updated/Remodeled,Turnkey,Stucco,Has ADU
Parking Features:Driveway,Garage Faces Front,Garage,Garage Faces Side
Principal Interest
$15,124
Taxes
$1,909

Home Price

$2,995,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$599,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,123.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,123.87 $1,909.31 $0.00 $17,033.18
Yearly $181,486.45 $22,911.75 $0.00 $204,398.20
Total $5,444,593.61 $687,352.50 $0.00 $6,131,946.11

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T20:37:41.000Z

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