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For sale
    • Price cut: $105K (6/17)
    $2,995,000

    3608 Oleander Dr, San Diego, CA 92106

    5beds
    3,269sqft
    : 
    $19,852/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    6,534 Square Feet Lot
    $2,845,300 Zestimate®
    $916/sqft
    $-- HOA

    What's special

    Heated saltwater poolFully integrated motorized blindsPrivate outdoor retreatViews of seaworld fireworksFleetwood floor-to-ceiling glass systemsBuilt-in thermador espresso systemRecessed ceiling-mounted patio heaters
    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.
    129 days
    |
    1,670
    |
    110
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark V Palmiere DRE #02245305 585-739-6955,

    Grandfield Properties, Inc.,

    Daniel Grandfield DRE #02116078 781-727-2786

    Source: SDMLS,MLS#: 260006868MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Fireplace, Forced Air Unit, Passive Solar
      Cooling
      • Central Forced Air, Zoned Area(s), Electric, High Efficiency
      Appliances
      • Included: 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, Gas Water Heater, Tankless Water Heater
      • Laundry: Electric, Gas
      Features
      • Balcony, Bathtub, Ceiling Fan, High Ceilings (9 Feet+), Kitchen Island, Living Room Deck Attached, Open Floor Plan, Pantry, Recessed Lighting, Remodeled Kitchen, Shower, Shower in Tub, Kitchen Open to Family Rm
      • Flooring: Linoleum/Vinyl, Ceramic Tile
      • Number of fireplaces: 1
      • Fireplace features: FP in Living Room, Gas
      • Common walls with other units/homes: Detached
      Interior area
      • Total structure area: 3,269
      • Total interior livable area: 3,269 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Garage - Front Entry, Garage - Side Entry, EV Charging Station(s)
      • Garage spaces: 2
      Features
      • Levels: 2 Story
      • Patio & porch: Awning/Porch Covered, Covered, Deck, Patio Open, Porch - Rear
      • Pool features: Below Ground, Heated with Gas, Heated, Fenced, Pool Cover, Saltwater
      • Fencing: Full
      • Has view: Yes
      • View description: Valley/Canyon
      • Frontage type: Canyon
      Lot
      • Size: 6,534 Square Feet
      Details
      • Additional structures: N/K
      • Parcel number: 4501811200
      • Zoning: R-1:SINGLE
      • Zoning description: R-1:SINGLE

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Synthetic,Flat
      Condition
      • Turnkey,Updated/Remodeled
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: POINT LOMA
      HOA
      • Services included: N/K
      Location
      • Region: San Diego

      Financial & listing details

      • Price per square foot: $916/sqft
      • Tax assessed value: $1,419,041
      • Annual tax amount: $18,253
      • Date on market: 3/24/2026
      • Listing terms: Cash,Conventional,FHA,VA
      • Electric utility on property: Yes

        Estimated market value

        $2,845,300

        $2.70M - $2.99M

        $7,956/mo

        Price history

        DateEventPrice
        6/17/2026Price change$2,995,000-3.4%$916/sqft
        Source: SDMLS #260006868 Report a problem
        6/12/2026Listing removed$12,000$4/sqft
        Source: Zillow Rentals Report a problem
        5/29/2026Listed for rent$12,000-37%$4/sqft
        Source: Zillow Rentals Report a problem
        5/15/2026Price change$3,100,000+10.7%$948/sqft
        Source: SDMLS #260006868 Report a problem
        4/19/2026Pending sale$2,800,000$857/sqft
        Source: SDMLS #260006868 Report a problem
        4/18/2026Listing removed$2,800,000$857/sqft
        Source: SDMLS #260006868 Report a problem
        4/1/2026Pending sale$2,800,000$857/sqft
        Source: SDMLS #260006868 Report a problem
        3/24/2026Listed for sale$2,800,000+400%$857/sqft
        Source: SDMLS #260006868 Report a problem
        3/24/2026Listing removed$19,050$6/sqft
        Source: Zillow Rentals Report a problem
        3/4/2026Price change$19,050+5.5%$6/sqft
        Source: Zillow Rentals Report a problem
        3/3/2026Listed for rent$18,050$6/sqft
        Source: Zillow Rentals Report a problem
        2/17/2026Listing removed$18,050$6/sqft
        Source: Zillow Rentals Report a problem
        10/13/2025Price change$18,050-19.6%$6/sqft
        Source: Zillow Rentals Report a problem
        6/2/2025Price change$22,450-37.6%$7/sqft
        Source: Zillow Rentals Report a problem
        5/29/2025Listed for rent$35,975+44.2%$11/sqft
        Source: Zillow Rentals Report a problem
        4/6/2025Listing removed$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        3/12/2025Listed for rent$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        2/28/2025Listing removed$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        12/30/2024Listed for rent$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        12/16/2024Listing removed$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        12/9/2024Listed for rent$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        11/28/2024Listing removed$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        11/14/2024Listed for rent$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        11/6/2024Listing removed$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        9/17/2024Listed for rent$24,950$8/sqft
        Source: Zillow Rentals Report a problem
        12/24/2013Sold$560,000+12%$171/sqft
        Source: Public Record Report a problem
        12/2/2004Sold$500,000$153/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,253 +7%$1,419,041 +2%
        2024$17,060 +2.3%$1,391,217 +2%
        2023$16,680 +18.1%$1,363,939 +17.3%
        2022$14,119 +100%$1,163,162 +102.1%
        2021$7,059 -8.2%$575,499 -19.6%
        2020$7,687 +2.6%$715,558 +16.3%
        2019$7,495 +6.2%$615,388 +2%
        2018$7,057 +2.5%$603,323 +2%
        2017$6,888 +1.6%$591,494 +2%
        2016$6,776 +1.5%$579,897 +1.5%
        2015$6,675 +1.6%$571,188 +2%
        2014$6,569 $560,000 +77.8%
        2013-- $315,000
        2012-- $315,000 -21.3%
        2011-- $400,000
        2010-- $400,000 -23.1%
        2009-- $520,000
        2008-- $520,000 0%
        2007-- $520,200 +2%
        2006-- $510,000 +2%
        2005-- $500,000 +236.7%
        2004-- $148,520 +1.9%
        2003-- $145,799 +2%
        2002-- $142,942 +2%
        2001-- $140,140
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Loma Portal

        Getting around

        35 / 100
        Car-Dependent
        40 / 100
        Some Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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