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3608 Oleander San Diego, CA 92106
$2,995,000 5 beds, 5 baths
3, 269 sqft
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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. A "New-Build" Remodel in 2021, 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. Assumable 2.8% VA loan! 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.

Listing Details

Property type: Detached (Single Family)
Status: ACTIVE
MLS# 260006868
List price is $2,995,000 Reduced by $105,000 on 6/17/2026
HOA Fee is $0.00
Beds: 5
Baths: 5 (4 full) (1 half)
FP in Living Room,Gas fireplaces
Built in 1951
3,269 sqft
2 stories
0.15 acres
Subdivision: POINT LOMA
County: San Diego
Property style: Modern
Zoning: R-1:SINGLE
Parking type: Garage,Garage - Front Entry,Garage - Side Entry,EV Charging Station(s)
Construction: Stucco
Appliances: Dishwasher,Disposal,Dryer,Garage Door Opener,Microwave,Pool/Spa/Equipment,Range/Oven,Refrigerator,Washer,Water Softener,6 Burner Stove,Built In Range,Convection Oven,Double Oven,Freezer,Gas Oven,Gas Stove,Ice Maker,Range/Stove Hood,Barbecue,Gas Range,Built-In,Counter Top,Gas Cooking
Parking description: Garage,Garage - Front Entry,Garage - Side Entry,EV Charging Station(s)
Heating description: Fireplace,Forced Air Unit,Passive Solar
MLS area: Coastal South

Last Updated: 6/30/2026

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This listing belongs to the Coastal South MLS area

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The style of this listing is Modern.
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Lat/Long: 32.746982, -117.218721.
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Listing Agent: Mark V Palmiere
Co Listing Agent: Daniel Grandfield
Lic#: 01876062
Office Name: Coronado Village

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Coronado Village Office
101 Orange Ave
Coronado, CA 92118
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