3608 Oleander

  • $2,800,000
San Diego, California

Overview

  • Residential
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Garages
  • 3269
  • Sqft
  • 664194
  • Property ID

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. 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. 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.

Details

Updated on April 3, 2026 at 1:30 pm
Listed by Mark Palmiere, Grandfield Properties, Inc.
  • Property ID: 664194
  • Price: $2,800,000
  • Property Size: 3269 Sqft
  • Land Area: 6400 Square Feet
  • Bedrooms: 5
  • Bathrooms: 5
  • Garages: 2
  • Year Built: 1951
  • Property Type: Residential
  • Property Status: Pending

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