Price Reduction
Address
4771 69 Newport Ave, San Diego, CA
Price
$ 2,850,000
Property Attributes
- MLS#260021100SD
- TypeMulti-Family
- Listing Status Active
- CountySan Diego
- CitySan Diego
- Area Ocean Beach
- NeighborhoodOcean Beach
- Zip92107
- Style
- Year Built2020
- Price$ 2,850,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.1636 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Architecturally distinctive and thoughtfully designed by architect Bruce Peeling, this exceptional Mid-Century Modern compound offers a rare blend of timeless design, exceptional craftsmanship, and effortless coastal living. Ideally situated just three blocks from the beach and one block from the shops, restaurants, cafés and neighborhood favorites along Newport Avenue. The property includes a beautifully designed single-level main residence with two bedrooms and a dedicated office (or optional third bedroom), and a detached two-bedroom second residence with its own address, designed as a true home, ideal for a family, guests, extended family, or rental income. The main residence has a two-car garage; the second residence has a private garage with alley access. Designed to embrace Southern California's indoor-outdoor lifestyle, the main residence unfolds around a private courtyard where expansive sliding glass doors connect indoor and outdoor living. Tongue-and-groove cedar ceilings and exposed beams, custom yellow cedar walls, oak flooring, Santa Barbara smooth stucco, and oversized windows fill the home with warmth, natural light, and architectural character. The open-concept kitchen features Neolith countertops and island, a Wolf range, Bosch dishwasher and has direct access to the courtyard for effortless entertaining. Zoned radiant heated floors, automatic blinds, custom built-ins, and abundant storage further enhance the home's design. The primary suite features corner windows creating a peaceful retreat. See supplement. Throughout the home, Heath Ceramics tile and carefully selected materials reflect a timeless architectural aesthetic. The courtyard serves as the heart of the property, complete with a tranquil koi pond, outdoor fireplace, outdoor shower, outdoor sink, mature palms, decomposed granite, and beautifully landscaped gathering spaces designed to enjoy Ocean Beach's year-round climate. Adding exceptional flexibility, the detached two-bedroom second residence at 4769 Newport Avenue has its own address, separate utility meters, and offers an open-concept floor plan, abundant natural light, generous kitchen, private laundry, ample storage, automatic blinds, and peek Ocean Beach views. Whether utilized for a family, multigenerational living, guests, or income potential, it provides remarkable versatility. Completed in 2020, the main residence was comprehensively rebuilt with new electrical, plumbing, heating, foundation, windows, and roof. The detached second residence and garage were also structurally updated with new major systems, offering the peace of mind of modern construction while preserving the property's exceptional architectural integrity. A truly one-of-a-kind coastal compound, this property offers inspired architecture, exceptional craftsmanship, and an unbeatable walkable location just moments from the beach, Ocean Beach Pier, and everything Newport Avenue has to offer. Perfect 1031 exchange property!
| Price History | |
|---|---|
| 8/28/2026 | Listed $3,000,000 |
| 9/16/2026 | 5$2,850,000 |
General Features
| Heating | Radiant,See Remarks |
|---|---|
| Cooling | None |
| Roof | Composition |
| Appliances | Tankless Water Heater |
| Pool Features | None |
| Year Built | 2020 |
| Tenant Pays | See Remarks |
| Levels | Multi/Split |
| County | San Diego |
| Property Type | Residential Income |
| Subdivision Name | Ocean Beach |
| Status | Active |
| Directions | CrossStreet: Ebers |
| City | San Diego |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | 92107 - Ocean Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7125 |
| Listing Terms | Cash,Conventional |
| Spa Features | None |
| Virtual Tour | https://vimeo.com/1216801847/4b00396d42?share=copy&fl=sv&fe=ci |
| Standard Status | Active |
| PostalCity | SAN DIEGO |
Interior Features
| Air Conditioning Y/N | false |
|---|---|
| Heating Y/N | true |
Exterior Features
| Lot Features | Drip Irrigation/Bubblers |
|---|---|
| Lot Size Area | 7125 |
| Park Name | No |
| Number of Buildings | 2 |
| Spa | true |
| Lot Size Acres | 0.1636 |
| Private Pool | false |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 92107
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2026 3:13 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
