3197 Wayne Ln
1 / 20

3197 Wayne Ln

D

San Diego, CA 92117

$1,995,000
NEW — 3d

Soft Appraisal Value: $1,932,500 · 3.2% above estimate

Beds

3

Baths

2

Sqft

1,448

Year Built

1968

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010112SD

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

Virtual Tour

About This Property

Welcome to Bay Ho—This home has Ocean & Mission Bay VIEWS, VIEWS AND MORE VIEWS! Perched high within one of the community’s most coveted streets, this home captures sweeping sit-down views of the Pacific Ocean and Mission Bay, along with dazzling SeaWorld fireworks and twinkling city lights by night. It’s a setting that feels both elevated and effortlessly relaxed. Filled with natural light and ocean breezes, the 3-bedroom, 2-bath residence (approx. 1,448 sq ft) has been a place of warmth, laughter, and connection—and it shows in every inviting space. Designed for both entertaining and everyday comfort, the home features expansive front and rear patios that seamlessly blend indoor and outdoor living, offering privacy, flexibility, and room to gather. Unobstructed views of Bay & Ocean highly regarded Bay Ho (America’s Cup) neighborhood, this is a true “bedroom community” known for its pride of ownership and proximity to higher-end homes. Enjoy a walkable lifestyle with nearby Cadman Park, plus quick access to beaches, Mission Bay, and downtown San Diego—all just minutes away. Additional highlights include a 2-car garage, ample street parking, and the comfort of coastal breezes (air conditioning rarely needed). The home is in turnkey, move-in-ready condition—offering a rare opportunity to enjoy one of San Diego’s most desirable coastal-close communities. Conveniently located near shopping, dining, and major commuter routes—with a NEW TRADER JOE'S coming soon to Clairemont Square—this home truly delivers on lifestyle, location, a special opportunity. COSTCO ONLY 5 mins away! Welcome to Bay Ho—where panoramic coastal beauty, indoor-outdoor living, and neighborhood charm come together. Perched high on one of Bay Ho’s most coveted streets, this ONE LEVEL 3-bedroom, 2-bath residence of approx. 1,448 sq ft captures sweeping sit-down views of the Pacific Ocean and Mission Bay, along with SeaWorld fireworks and twinkling city lights by night. Filled with natural light, ocean breezes, and a warm sense of home, this property has been a place of laughter, love, and connection. Designed for entertaining and everyday comfort, the home features expansive front and rear patios that extend the living space outdoors, offering privacy, flexibility, and plenty of room to gather. Additional highlights include a 2-car garage, ample street parking, turnkey move-in condition, and the comfort of gentle coastal breezes. Located on a quiet one-way street in the highly regarded Bay Ho/America’s Cup community, Wayne Lane reflects the area’s unique sailing heritage, where many streets are named after sailors, family members, or sailboats. This walkable neighborhood offers a relaxed coastal-close lifestyle with nearby Cadman Park, featuring a dog park, baseball, basketball, pickleball, picnic areas, and open recreation. Close to beaches, Mission Bay, downtown San Diego, shopping, dining, major commuter routes, and the future Trader Joe’s at Clairemont Square, this home delivers lifestyle, location, views, and livability. A rare opportunity to experience the very best of Bay Ho living.

Mortgage Calculator

Est. Monthly Payment

$12,665

Principal & Interest$10,088
Property Tax$1,995
Insurance$582
%($399,000)
%

Location

Loading map...

Investment Score

1D
Est. Monthly Rent
$5,653
Monthly Cashflow

Rent − PITIA

$-7,012
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,974

Mortgage (P+I)
$10,088
Cap Rate
0.07%
Cash-on-Cash
-30.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$18,607

NOI (Annual)
$1,360
Price-to-Rent

Lower = better for investors

29.4

* 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.

Get Expert AnalysisOpen Full Calculator