2838 Bay Canyon Court
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2838 Bay Canyon Court

C

San Diego, CA 92117

$1,649,000
NEW — 4d

Soft Appraisal Value: $1,616,000 · 2.0% above estimate

Beds

4

Baths

3

Sqft

2,200

Year Built

1978

Days on Market

4

Property Type

Single Family

HOA/mo

$146

MLS ID

PTP2605059

This property is in San Diego (92117). View neighborhood stats →

Virtual Tour

About This Property

Wake up, slide open the Cantina doors, and let the gentle ocean breeze drift through your suite as you step directly onto your private outdoor lounge and spa retreat. Welcome to resort-style living just two minutes from Mission Bay, where every detail of this spectacular, fully remodeled residence was thoughtfully designed to embrace the Southern California lifestyle. Tucked away at the end of a quiet canyon cul-de-sac with no homes directly in front, this exceptional 4-bedroom, 3-bath home offers the perfect blend of luxury, privacy, and convenience, just minutes from Mission Bay, the beaches, SeaWorld, San Diego International Airport, downtown, and easy I-5 access. Architecturally reimagined to maximize natural light and seamless indoor-outdoor living, the home features valted ceilings accented by recessed lighting and ambient LED cove lighting that create a warm, sophisticated glow throughout. The open-concept design flows effortlessly into a beautifully remodeled kitchen featuring custom cabinetry, stone countertops, new stainless steel appliances, and generous space for entertaining. The spectacular primary suite is truly unforgettable. Dramatic Cantina doors disappear to reveal an expansive resort-style entertainment deck complete with a private outdoor lounge, oversized spa, and tranquil canyon backdrop, creating your own private sanctuary. A second private deck overlooks the quiet, palm-lined neighborhood, offering the perfect place to enjoy your morning coffee. The spa-inspired primary bath is a work of art, showcasing elegant natural stone finishes, a luxurious soaking tub, and shower, dual vanities, and direct access to the outdoor spa deck, allowing the resort experience to continue from indoors to out. A privately situated fourth bedroom with its own en-suite bath is ideal for guests, multigenerational living, or a private office. An oversized two-car garage with epoxy flooring completes this exceptional home. Beautifully reimagined from front to back, this extraordinary residence is more than a home, it’s a private coastal sanctuary. Every sunrise begins with the Cantina doors open, the gentle ocean breeze drifting through your suite, and your private spa retreat just steps away. Welcome to the San Diego lifestyle you’ve been dreaming about.

Mortgage Calculator

Est. Monthly Payment

$10,614

Principal & Interest$8,338
Property Tax$1,649
Insurance$481
HOA$146
%($329,800)
%

Location

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Investment Score

6D
Est. Monthly Rent
$5,783
Monthly Cashflow

Rent − PITIA

$-4,831
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,535

Mortgage (P+I)
$8,338
Cap Rate
0.58%
Cash-on-Cash
-27.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$15,569

NOI (Annual)
$9,633
Price-to-Rent

Lower = better for investors

23.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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