2961 1st Ave, San Diego, CA 92103 - View 1
2961 1st Ave, San Diego, CA 92103 - View 2
2961 1st Ave, San Diego, CA 92103 - View 3
2961 1st Ave, San Diego, CA 92103 - View 4
2961 1st Ave, San Diego, CA 92103 - View 5
2961 1st Ave, San Diego, CA 92103 - View 6
2961 1st Ave, San Diego, CA 92103 - View 7
2961 1st Ave, San Diego, CA 92103 - View 8
2961 1st Ave, San Diego, CA 92103 - View 9
2961 1st Ave, San Diego, CA 92103 - View 10
2961 1st Ave, San Diego, CA 92103 - View 11
2961 1st Ave, San Diego, CA 92103 - View 12
2961 1st Ave, San Diego, CA 92103 - View 13
2961 1st Ave, San Diego, CA 92103 - View 14
2961 1st Ave, San Diego, CA 92103 - View 15
2961 1st Ave, San Diego, CA 92103 - View 16
2961 1st Ave, San Diego, CA 92103 - View 17
2961 1st Ave, San Diego, CA 92103 - View 18
2961 1st Ave, San Diego, CA 92103 - View 19
2961 1st Ave, San Diego, CA 92103 - View 20
2961 1st Ave, San Diego, CA 92103 - View 21
2961 1st Ave, San Diego, CA 92103 - View 22
2961 1st Ave, San Diego, CA 92103 - View 23
2961 1st Ave, San Diego, CA 92103 - View 24
2961 1st Ave, San Diego, CA 92103 - View 25
2961 1st Ave, San Diego, CA 92103 - View 26
2961 1st Ave, San Diego, CA 92103 - View 27
2961 1st Ave, San Diego, CA 92103 - View 28
2961 1st Ave, San Diego, CA 92103 - View 29
2961 1st Ave, San Diego, CA 92103 - View 30
2961 1st Ave, San Diego, CA 92103 - View 31
2961 1st Ave, San Diego, CA 92103 - View 32
2961 1st Ave, San Diego, CA 92103 - View 33
2961 1st Ave, San Diego, CA 92103 - View 34
2961 1st Ave, San Diego, CA 92103 - View 35
2961 1st Ave, San Diego, CA 92103 - View 36
2961 1st Ave, San Diego, CA 92103 - View 37
2961 1st Ave, San Diego, CA 92103 - View 38
2961 1st Ave, San Diego, CA 92103 - View 39
2961 1st Ave, San Diego, CA 92103 - View 40
2961 1st Ave, San Diego, CA 92103 - View 41
2961 1st Ave, San Diego, CA 92103 - View 42
2961 1st Ave, San Diego, CA 92103 - View 43
2961 1st Ave, San Diego, CA 92103 - View 44
2961 1st Ave, San Diego, CA 92103 - View 45
2961 1st Ave, San Diego, CA 92103 - View 46
2961 1st Ave, San Diego, CA 92103 - View 47

2961 1st Ave, San Diego, CA 92103

List Price: $4,895,000On Market FlagOn market
May 14, 20254,130 sqft4 beds5 baths
Listed by: Nikki Butera
License #: 01304827
Phone #: 858-735-4225
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 250027512SD

Property Description

Pristinely positioned on a rise in the sought-after Banker's Hill neighborhood, this estate is a remarkable fusion of timeless elegance and modern craftsmanship - a "new old home" that exudes the charm of a bygone era while offering the comfort and efficiency of contemporary living. With stately columns framing the entry, this home has stood gracefully for over a century. The historic front door opens to expansive living spaces that are bathed in light and exude warmth with multiple fireplaces to keep you warm and cozy. Boasting four spacious ensuite bedrooms, this historic landmark enjoys the benefit of significant tax savings as a recipient of the Mills Act designation. The kitchen is a chef's delight with wet (new icemaker and new wine fridge) and dry butler pantries, Carrara marble counters, an enormous island with pendant lights and an abundance of storage. The centerpiece is a Viking Limited Edition Series range with a production of only 110 units. The primary suite orients to the West and affords views of the bay and evening lights. You can enjoy the grotto shower with Carrara marble or soak in the adjoining step-up tub. The sizable wardrobe will ensure you have room to shop till you drop! A lovely breezeway above the backyard connects the main residence to a guest suite complete with mini-fridge. All of the bedrooms are ensuite. The backyard features a built-in barbecue and sink, outdoor sauna and spa, custom lighting and sound, a relaxing lounge area and an outdoor shower with toilet and sink. You can enjoy a luxurious spa experience without leaving home! This original 1922 home was restored throughout and provides casually elegant living spaces to be enjoyed whether just relaxing at home, hosting intimate gatherings or elaborate parties. This home has been lovingly enhanced during its current ownership while preserving its historic integrity. Some of the recent upgrades include a new 30-year roof, new exterior paint, new HVAC system, new water heaters with remote controls, ButterflyMX internet-based entry gates, new Miele dishwasher, wine fridge and ice maker in the wet bar, added Zip Hydrotap instant water (boiling, chilled, carbonated), and new Toto Neorest washlet toilets in two of the bathrooms. In addition, the attic dormers have been rebuilt with historically accurate hard redwood siding and the attic windows have been replaced with historically accurate replacements, including using historic glass in the windows. These are just some of the many upgrades completed by the current owner. There is a unique garage system to enable parking of the largest oversize vehicle and in addition, there is a lift system that creates parking for a third vehicle. The garage modification was completed with Historic Commission approval. This home even has a basement, which provides even more storage space! Treat yourself to a memorable experience and schedule a private showing of this estate property.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$83,310

TurboHome Estimated Value

$5,224,500

$1,265 sqft

High Valuation
$5,485,725
$1328/sqft
Normal Valuation
$5,224,500
$1265/sqft
Low Valuation
$4,963,275
$1202/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1265/sqft$5,224,500

Neighborhood: Midtown

Loading map...

Comparative Value

$3.15M

$3.30M

$3.65M

$3.90M

$4.08M

$4.89M

3330 Goldfinch St, San Diego, CA 92103

Sale Price: $3,150,000

Selected Comparable

1339 W Pennsylvania Ave, San Diego, CA 92103

Sale Price: $3,300,000

Selected Comparable

3574 7th Ave, San Diego, CA 92103

Sale Price: $3,650,000

Selected Comparable

3526 7th Ave, San Diego, CA 92103

Sale Price: $3,900,000

Selected Comparable

1212 Upas St, San Diego, CA 92103

Sale Price: $4,075,000

Selected Comparable

2961 1st Ave, San Diego, CA 92103

List Price: $4,895,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
2961 1st Ave, San Diego, CA 92103

2961 1st Ave, San Diego, CA 92103

List: $4,895,000

Listed: 5/14/2025

Area:4,130 sqft
Price/sqft:$1,185
Beds:4
Baths:5
Year Built:
Lot Size:7,531

Comparable Properties

COMPARABLE
Choose comps
3526 7th Ave, San Diego, CA 92103

3526 7th Ave, San Diego, CA 92103

Sale: $3,900,000

7/17/20250.46 mi

Area:4,304 sqft
Price/sqft:$906
Beds:4
Baths:5
Year Built:
Weight:23.5%
1339 W Pennsylvania Ave, San Diego, CA 92103

1339 W Pennsylvania Ave, San Diego, CA 92103

Sale: $3,300,000

6/18/20250.92 mi

Area:3,598 sqft
Price/sqft:$917
Beds:4
Baths:5
Year Built:
Weight:21.1%
3574 7th Ave, San Diego, CA 92103

3574 7th Ave, San Diego, CA 92103

Sale: $3,650,000

7/18/20250.52 mi

Area:3,522 sqft
Price/sqft:$1,036
Beds:4
Baths:4
Year Built:
Weight:19.3%
1212 Upas St, San Diego, CA 92103

1212 Upas St, San Diego, CA 92103

Sale: $4,075,000

4/8/20250.72 mi

Area:4,266 sqft
Price/sqft:$955
Beds:3
Baths:5
Year Built:
Weight:18.2%
3330 Goldfinch St, San Diego, CA 92103

3330 Goldfinch St, San Diego, CA 92103

Sale: $3,150,000

11/14/20240.53 mi

Area:3,749 sqft
Price/sqft:$840
Beds:4
Baths:4
Year Built:
Weight:17.8%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times