3608 Oleander, San Diego, CA 92106

• 5 beds |
• 5 baths |
• 3,269 sqft

Property Description

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. Assumable 2.8% VA loan! 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. 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 Status:

Active

Date Added:

March 24, 2026

Data Last Updated:

May 20, 2026 at 3:19AM

Listing Office:

Grandfield Properties, Inc. : 781-727-2786

Listing Agent:

Mark Palmiere : 585-739-6955

MLS ID:

260006868SD

Interior

• General: BalconyCeiling Fan(s)High CeilingsLiving Room Deck AttachedOpen FloorplanPantryRecessed LightingBedroom on Main LevelMain Level PrimaryWalk-In PantryWalk-In Closet(s)
• Appliances: 6 Burner StoveBuilt-In RangeBarbecueBuilt-InConvection OvenCounter TopDouble OvenDishwasherFreezerGas CookingGas CooktopDisposalGas OvenGas RangeGas Water HeaterIce MakerMicrowaveRefrigeratorRange HoodWater SoftenerTankless Water Heater
• Laundry: Electric Dryer HookupGas Dryer HookupIn GarageLaundry Room
• A/C: Central AirElectricHigh EfficiencyZoned
• Heating: ElectricForced AirFireplace(s)Solar
• Fireplace: GasLiving RoomFireplace

Exterior

• Style: Modern
• Other Structures: Rear PorchDeckPatioCoveredOpen
• Pool: FencedGas HeatHeatedIn GroundPool CoverSalt Water
• Parking: DrivewayGarage Faces FrontGarageGarage Faces SideParking spaces: 4

Construction

• Roofing: FlatSynthetic
• General: Stucco2

Location

• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: R-1:SINGLE4501811200
• View: View

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public

Financial

• Source: CRMLS_SAND