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Sold for $1,949,000
  • $1,949,000

    3940 Gresham St Unit 251, San Diego, CA 92109

    2beds
    1,559sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,918,100 Zestimate®
    $1,250/sqft
    $4,780 Estimated rent

    Home value

    $1,918,100

    $1.82M - $2.01M

    $4,780/mo

    Zestimate® history
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    What's special

    Dramatic stone-clad fireplaceSexy hawaiian-inspired designWest elm lightingOpen living spaceLava rock leather-finish countertopsGenerous storageShow-stopping kitchen
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott A Booth DRE #01397371 858-775-0280,

    Compass,

    Nicole Christensen DRE #01971016 619-534-1450,

    Compass

    Bought with:

    Ashley Gulley, DRE #02246537

    Real Broker

    Source: SDMLS,MLS#: 260014177MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Zoned Areas
    Cooling
    • Zoned Area(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Refrigerator, 6 Burner Stove, Electric Oven, Electric Stove, Electric Cooking
    • Laundry: Other/Remarks
    Features
    • Flooring: Tile
    • Number of fireplaces: 1
    • Fireplace features: FP in Living Room
    Interior area
    • Total structure area: 1,559
    • Total interior livable area: 1,559 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Gated, Underground
    • Garage spaces: 2
    Features
    • Levels: 1 Story
    • Stories: 5
    • Pool features: Community/Common
    • Fencing: Full
    Lot
    • Size: 2 Acres
    Details
    • Parcel number: 4233812264

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • Roof: Flat
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Meter on Property

    Community & HOA

    Community
    • Subdivision: PACIFIC BEACH
    HOA
    • Services included: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup
    • HOA fee: $1,440 monthly
    • HOA name: Bay Scene
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $1,250/sqft
    • Tax assessed value: $649,965
    • Annual tax amount: $8,078
    • Date on market: 6/11/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/31/2026Sold$1,949,000-2.5%$1,250/sqft
    Source: SDMLS #260014177 Report a problem
    7/22/2026Pending sale$1,999,000$1,282/sqft
    Source: SDMLS #260014177 Report a problem
    7/10/2026Price change$1,999,000-4.8%$1,282/sqft
    Source: SDMLS #260014177 Report a problem
    6/11/2026Price change$2,100,000+0%$1,347/sqft
    Source: SDMLS #260014177 Report a problem
    5/26/2026Price change$2,099,000-1.9%$1,346/sqft
    Source: SDMLS #260003144 Report a problem
    5/14/2026Pending sale$2,139,000$1,372/sqft
    Source: SDMLS #260003144 Report a problem
    3/31/2026Price change$2,139,000-7%$1,372/sqft
    Source: SDMLS #260003144 Report a problem
    2/9/2026Listed for sale$2,299,000+43.7%$1,475/sqft
    Source: SDMLS #260003144 Report a problem
    7/8/2025Sold$1,600,000-5.6%$1,026/sqft
    Source: SDMLS #250025566 Report a problem
    5/9/2025Pending sale$1,695,000$1,087/sqft
    Source: SDMLS #250025566 Report a problem
    4/25/2025Price change$1,695,000-7.3%$1,087/sqft
    Source: SDMLS #250025566 Report a problem
    3/27/2025Listed for sale$1,829,000$1,173/sqft
    Source: SDMLS #250022648 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,078 +3.9%$649,965 +2%
    2024$7,771 +2.3%$637,222 +2%
    2023$7,599 +2.8%$624,729 +2%
    2022$7,395 +0.7%$612,480 +2%
    2021$7,343 +1.2%$600,472 +1%
    2020$7,253 +2.3%$594,316 +2%
    2019$7,092 +6.5%$582,664 +2%
    2018$6,658 +2.5%$571,240 +2%
    2017$6,498 +1.6%$560,040 +2%
    2016$6,394 +1.5%$549,060 +1.5%
    2015$6,298 +1.6%$540,814 +2%
    2014$6,197 $530,221 +0.5%
    2013-- $527,826 +2%
    2012-- $517,477 +2%
    2011-- $507,331 +0.8%
    2010-- $503,540 -0.2%
    2009-- $504,737 +2%
    2008-- $494,841 +2%
    2007-- $485,139 +2%
    2006-- $475,627 +2%
    2005-- $466,302 +2%
    2004-- $457,160 +1.9%
    2003-- $448,783 +2%
    2002-- $439,984 +2%
    2001-- $431,358
    Find assessor info on the county website

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,918,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,918,100