3940 Gresham St #251
DSan Diego, CA 92109
Beds
2
Baths
2
Sqft
1,559
Year Built
1974
Days on Market
55
Property Type
Condo
HOA/mo
$1,440
MLS ID
260003144SD
Description
Perched on the top floor of Bay Scene directly on Sail Bay, this rare residence offers one of the most coveted view lines in the community — sweeping western-facing bay vistas with ocean views beyond. Spanning 1,559 square feet, this completely remodeled 2-bedroom, 2-bath home is the ultimate coastal retreat, blending sexy Hawaiian-inspired design with modern beachfront luxury. The open living space is anchored by a dramatic stone-clad fireplace and flows seamlessly into a show-stopping kitchen featuring brand-new contrasting black and warm wood-tone cabinetry, lava rock leather-finish countertops, and sleek black Café Series appliances. Designed for both entertaining and everyday living, the layout captures breathtaking sunsets and shimmering water views from nearly every room. The primary suite is a true sanctuary with a walk-in closet and a spa-inspired bathroom showcasing gorgeous tile work, a Restoration Hardware vanity, and West Elm lighting. The guest bathroom is equally refined with elevated finishes throughout. A dedicated laundry room and generous storage complete the home’s effortless functionality. Residents enjoy resort-style community amenities including a pool, spa, outdoor showers, barbecues, recreation room, and fitness room — perfect for relaxing, entertaining, and embracing the coastal lifestyle. Whether as a full-time residence or the perfect lock-and-leave second home, this home delivers an unparalleled Sail Bay lifestyle — where every day feels like a luxury beachfront getaway.
Mortgage Calculator
Est. Monthly Payment
$15,019
Comparable Properties
5 comps foundThis Property
$3,848
Comp Average
$4,816
863 Agate St
3bd / 3ba · 1,449 sqft · Townhouse
$1.45M
Est. $6,219/mo
3850 Riviera Drive
3bd / 2ba · 1,534 sqft · Condo
$1.40M
Est. $5,695/mo
3916 Riviera Dr
2bd / 2ba · 1,237 sqft · Condo
$1.50M
Est. $4,468/mo
810 Santa Barbara Pl
2bd / 2ba · 1,177 sqft · Condo
$1.50M
Est. $3,848/mo
750 Island Court
2bd / 2.5ba · 1,168 sqft · Condo
$1.50M
Est. $3,848/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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