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Off market
  • $2,890,700

    589 Palm St, San Diego, CA 92103

    2beds
    3,020sqft
    Townhouse
    Built in 2018
    -- sqft lot
    $2,890,700 Zestimate®
    $957/sqft
    $7,975 Estimated rent

    Home value

    $2,890,700

    $2.75M - $3.04M

    $7,975/mo

    Zestimate® history
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    $18,362/mo

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    What's special

    Wine roomFloating staircasesGuest bedroomAdjacent pantryPrivate elevatorPrimary suiteViews of balboa park

    Welcome to the perfect home for the discerning buyer looking for a single-family residence and has not yet found the quality of construction and finishes up to their standards. Look no further as 589 Palm Street at The Park Bankers Hill, one of San Diego's premier addresses, has it all with the ease of a 'lock-and-go' lifestyle, 24/7 front desk service, and access to luxury amenities—providing both sophistication and comfort. As the largest townhouse and fifth largest unit in the complex after the 4 penthouses, it is currently configured as a spacious 2-bedroom but can be effortlessly reimagined into a 3-bedroom layout, offering exceptional versatility and space that spans three stories and is served by a private elevator. From the moment you enter, the scale and volume are immediately striking. 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 first floor boasts ceilings that are over 10' and serves as the main entertaining area, featuring a private entry from the front patio, dining room with custom Apparatus chandelier, chef's kitchen, powder room, and living room. The chef's kitchen is both elegant and highly functional, designed with clean lines and premium finishes. Boffi custom cabinetry complimented by white Quartz countertops, a full suite of Miele appliances and an adjacent pantry. On the second floor, you'll find a guest bedroom, bathroom, den (which could be easily converted into a third bedroom), and a wine room which had been and can be converted back to a laundry room with existing hookups. The entire third level is dedicated to the primary suite, complete with a sitting area, custom closets, separate laundry, and a luxurious marble bathroom with Grohe fixtures. Five outdoor terraces and patios seamlessly blend indoor and outdoor living with views of Balboa Park, offering ample space for dining, entertaining, and gardening while embracing San Diego's pleasant climate. The fully automated Smart Home system by Control 4, Creston and Amazon Alexa controls lighting, Sonos audio, and solar window shades for convenience throughout the home. Multiple scene options with the Crestron panel can take the house from “welcome†to “dim†for a candlelight dinner party Located across from Balboa Park's 1,200 acres in vibrant Bankers Hill, this residence provides upscale urban living close to renowned dining and cultural destinations all within walking distance. In Balboa Park, there are several museums including the San Diego Museum of Art. The Old Globe with its 3 venues for everything from Shakespeare, musical or intimate shows in the round, is a beautiful 15-minute stroll through the park. San Diego International Airport is located only 10 minutes down the hill which makes it very convenient for travel. Or take a 10-minute rideshare downtown to see a concert at the Rady Shell. Feel like the beach, 15 minutes gets you to Ocean Beach and 20 minutes to La Jolla. In other words, the central location makes for easy access in multiple directions. The Park Bankers Hill has a striking exterior clad in glass, marble, and stamped concrete, makes a stylish impression. Completed in 2018 by DIALOG architects, developer Zephyr, and contractor Balfour Beatty, The Park offers lavish amenities such as a private lounge, conference and dining room, event kitchen, wine room, gym, pool, BBQ, bike room, two guest suites that homeowners may reserve for up to 5 nights per month for a nominal rental fee, dog wash, and 24/7 front desk staff. The six townhomes complement a 14-story tower with 60 modern homes and two ground-level retail spaces. This townhouse also includes two side by side parking spots, an EV charger and a private 6x16 foot storage unit.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Willis Allen Real Estate,MLS#: PTP2602021

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Has basement: No
    Interior area
    • Total structure area: 3,020
    • Total interior livable area: 3,020 sqft

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • Year built: 2018

    Community & HOA

    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $957/sqft
    • Date on market: 3/17/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/5/2026Price change$2,999,995-6.1%$993/sqft
    Source: Willis Allen Real Estate #PTP2602021 Report a problem
    5/2/2026Price change$3,195,000-3%$1,058/sqft
    Source: Willis Allen Real Estate #PTP2602021 Report a problem
    3/17/2026Price change$3,295,000-2.9%$1,091/sqft
    Source: Willis Allen Real Estate #PTP2602021 Report a problem
    10/20/2025Listed for sale$3,395,000+20%$1,124/sqft
    Source: Willis Allen Real Estate #PTP2507939 Report a problem
    3/4/2022Sold$2,830,000$937/sqft
    Source: SDMLS #220003736 Report a problem
    2/24/2022Pending sale$2,830,000$937/sqft
    Source: SDMLS #220003736 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bankers Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,890,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,890,700