
589 Palm Street
DSan Diego, CA 92103
Soft Appraisal Value: $3,156,800 · 4.4% above estimate
Beds
2
Baths
2.5
Sqft
3,020
Year Built
2018
Days on Market
19
Property Type
Townhouse
HOA/mo
$2,282
MLS ID
PTP2602021
Description
Newly updated and professionally designed interior accentuates the modern architecture in this stunning townhouse that lives like a single-family home. Plus, the added value of a 'lock-and-go' lifestyle, 24/7 front desk staff and access to luxury high-rise amenities. Experience sophistication & comfort in this rare offering - the largest townhouse at The Park Bankers Hill, one of San Diego’s most prestigious addresses. This contemporary townhouse features three levels serviced by a private elevator. Floor-to-ceiling glass windows on both the north and south sides fill the home with natural light, while floating staircases enhance the open, loft-like layout. The 1st floor features ceilings over 10 feet and serves as the main entertaining area, with an entry foyer, dining space, kitchen, powder room, living room, and a patio that opens to the house. On the 2nd floor: a guest bedroom, bathroom, den (which could be converted to a third bedroom), open office, and a wine or laundry room with existing hookups. The entire 3rd floor is dedicated to the primary suite, complete with a sitting area, ample closet space including a walk-in, separate laundry and a luxurious bathroom. The architect's design concept was to 'blur the sense of indoor/outdoor living'. Five outdoor terraces/patios that infuse San Diego's sunlight & provide spaces for dining, entertaining, and a curated garden. Creston & Amazon Alexa fully automated Smart Home system conveniently operates lighting, Sonos audio, and solar window shades. The exterior is clad in glass, Volakas marble, and stamped concrete formwork to announce a sophisticated arrival. Sited across the street from Balboa Park's 1,200 acres in the vibrant Bankers Hill neighborhood, this exceptional residence offers a unique opportunity to enjoy upscale urban living just steps away from renowned dining and the city’s cultural landmarks. The Park was completed in 2018 by DIALOG (architects), developer Zephyr, and contractor Balfour Beatty. Lavish amenities include 24/7 front desk staff, private lounge, conference/dining room, full event kitchen, wine room, gym, pool, BBQ, two guest suites, and a dog wash. The six townhomes at The Park complement the 14-story luxury tower comprised of 60 modern homes and 2 ground-level retail spaces. The townhouse has 2 parking spaces with an EV charger.
Mortgage Calculator
Est. Monthly Payment
$23,199
Comparable Properties
5 comps foundThis Property
$7,756
Comp Average
$6,524
2861 Brant St.
3bd / 3ba · 2,940 sqft · Single Family
$2.00M
Est. $6,962/mo
921 Court Way
3bd / 4ba · 3,130 sqft · Single Family
$2.30M
Est. $7,459/mo
1695 Neale St
3bd / 2.5ba · 2,702 sqft · Single Family
$2.15M
Est. $5,590/mo
1034 Pennsylvania Avenue
3bd / 4ba · 2,248 sqft · Single Family
$2.29M
Est. $6,304/mo
1032 Pennsylvania Avenue
3bd / 4ba · 2,248 sqft · Single Family
$2.29M
Est. $6,304/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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