3142 Midway Drive 312, San Diego, California 92110, San Diego, - bed, bath

home-pic
ACTIVE$499,000
3142 Midway Drive 312, San Diego, California 92110
2Beds
2Baths
760Sqft
74,823Lot
Year Built
1980
Close
-
List price
$499K
Original List price
$560K
Price/Sqft
-
HOA
$427
Days on market
-
Sold On
-
MLS number
IV25138202
Home ConditionExcellent
Features
Deck
Pool
Spa
View-

About this home

Reduced Price! ASSUMABLE VA LOAN-Experience this stunning, move-in-ready top-floor condo in the highly desirable Point Loma "Villa Marbella" community! Nestled on the top level of the Villa Marbella Midrise, this beautiful residence offers unparalleled privacy and sweeping panoramic views. The spacious layout features bright, open-concept living with brand-new vinyl flooring throughout and elegant quartz countertops that add a touch of sophistication. The convenient laundry closet enhances everyday living. Step out onto your balcony to enjoy spectacular fireworks displays and additional storage with the included closet. This exceptional condo boasts two luxurious primary suites situated on opposite ends for maximum privacy, each complete with its own private bathroom. The charming dining area with a garden window, along with the galley kitchen featuring abundant quartz countertops and cabinet space, makes this home ideal for entertaining and comfortable living. Ideally located within walking distance to shopping, dining, and essential services, with easy access to beautiful beaches, the bay, and major highways 8 and 5 for effortless commuting. The gated community offers fantastic amenities, including a sparkling pool and relaxing spa, providing resort-style living at its best. Don’t miss the opportunity to own this remarkable property in a lively, highly sought-after neighborhood—your dream home awaits!

Nearby schools

8/10
Dewey Elementary School
Public,K-40.2mi
6/10
Correia Middle School
Public,7-81.4mi
6/10
Dana
Public,5-61.9mi
7/10
Point Loma High School
Public,9-121.3mi

Price History

Date
Event
Price
10/30/25
Price Change
$499,000
06/19/25
Listing
$560,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (77 Listings)
Beds22
50%
Baths22
50%
Square foot7601,018
24%
Lot Size74,8230
4%
Price$499K$600K
27%
Price per square foot$657$596
76%
Built year19809900990
64%
HOA$427$545
19%
Days on market140148
45%
Condition Rating
Excellent

Despite being built in 1980, this condo has undergone a very recent and extensive renovation, bringing its condition to an excellent standard. The description highlights 'brand-new vinyl flooring throughout' and 'elegant quartz countertops,' which are clearly visible in the images. The kitchen features modern white shaker cabinets, new black stainless steel appliances (refrigerator, range, microwave), contemporary pendant lighting, and pristine quartz countertops with a stylish backsplash. Both bathrooms are also fully updated with modern vanities, quartz-like countertops, undermount sinks, contemporary faucets, and subway tile surrounds in the showers/tubs. All visible components, including flooring, light fixtures, and key areas like the kitchen and bathrooms, appear virtually new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Assumable VA Loan: The availability of an assumable VA loan offers a significant financial advantage for eligible buyers, potentially providing a lower interest rate than current market rates.
Prime Point Loma Location: Situated in the highly desirable Point Loma neighborhood, the condo boasts excellent walkability to shopping, dining, and services, with easy access to beaches, the bay, and major highways (8 & 5).
Panoramic Views & Top-Floor Privacy: As a top-floor unit, it offers unparalleled privacy and sweeping panoramic views, including spectacular fireworks displays from the balcony, enhancing its appeal and lifestyle.
Modern & Updated Interiors: The condo is move-in ready with recent updates, including brand-new vinyl flooring throughout and elegant quartz countertops, providing a fresh and sophisticated living space.
Resort-Style Community Amenities: The gated 'Villa Marbella' community provides desirable amenities such as a sparkling pool and relaxing spa, offering residents a resort-like living experience.

Cons

Monthly Association Fees: The association fee of $427.0 per month is a notable recurring cost that buyers must factor into their budget, potentially impacting overall affordability.
Compact Square Footage: With 760 sqft, the living space may be considered compact for some buyers, especially those seeking more expansive rooms or additional storage beyond the included balcony closet.
Building Age: Built in 1980, the building is over 40 years old, which could potentially lead to higher maintenance costs or future special assessments for common area repairs, despite the unit's interior updates.

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