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$2,449,000
4 Beds 3 Baths 260022534 MLS ACTIVE Status
Sitting on a 12,500-square-foot corner lot, 1115 Savoy offers one of the best perspectives in Point Loma. This 4-bedroom, 3-bath home is great as-is and a dream canvas for your coastal dreams, offering breathtaking views of downtown, the bay and mountains. From golden sunrises to front-row seats for the 4th of July fireworks, the backdrop here is truly matchless. Inside, light-filled living spaces are designed to frame the views and flow seamlessly onto a massive deck, blending the lines between indoor and outdoor living. The spacious kitchen, complete with bar seating, opens into the family room with vaulted wood ceilings and sweeping views. The split-level design has a converted garage, which historically served as a separate living area with its own bedroom and bath. It can easily be transitioned back to a garage if preferred. With alley access, the backyard is limitless and currently features a spa, pergola and 3 producing avocado trees. It offers plenty of room for additional parking/garage, an ADU or pool. Capturing the best of the Peninsula and Point Loma lifestyle, this location is superb. Just minutes from Sunset Cliffs, La Playa, Liberty Station, several yacht clubs and famous landmarks such as Point Loma Nazarene University, Cabrillo National Monument, the old Point Loma Lighthouse, and the historic, serene grounds of Fort Rosecrans. Within walking distance is Silver Gate Elementary, Jensen’s Foods, and Point Loma Park well known for its fabulous summer concert series. This is an invitation to build a legacy in one of San Diego’s most iconic neighborhoods.

1115 Savoy St, Ocean Beach (OB)

$379,816
2600085 MLS ACTIVE Status
This parcel offers the visual appeal of a hillside site without being subject to hillside regulation. Under the City of San Diego Development Regulations, the existing grade change on this ±3,698 square foot lot does not meet the threshold for steep hillside or environmentally sensitive designation. As a result, Lot 449-102-19 can be developed using standard grading and building permits, without triggering additional environmental review or slope development restrictions. The elevation drop from the street naturally separates potential parking or vehicular access areas at grade from future residential or mixed-use structures below. A retaining wall will be required as part of the building design, but because the slope is classified as non-sensitive and grading is minimal, construction remains cost-efficient and proceeds through standard permitting procedures. With the City’s recent parking reforms, developments on this parcel can take advantage of reduced parking ratios or waivers, allowing projects to prioritize usable square footage and design flexibility over excessive parking requirements. In short, what presents as a hillside lot from the street is, in fact, a straightforward and cost-effective infill opportunity—no hillside restrictions, no grading penalties, and full flexibility to build efficiently.

Voltaire St Unit 29, Ocean Beach (OB)

$455,824
2600084 MLS ACTIVE Status
Positioned directly below the upper parcel, Lot 449-102-18 encompasses approximately 4,438 square feet and shares the same development advantages: no hillside designation, no environmental sensitivity, and no special slope restrictions under the City of San Diego Development Regulations. The gentle descent across the site creates an opportunity for stepped or terraced development, providing natural separation between access and living areas while maintaining privacy and maximizing design potential. A retaining wall will be integrated into the building design, though only standard grading is required, ensuring efficient construction and simplified permitting. This lower lot is ideal for residential, mixed-use, or live/work concepts, particularly those that benefit from multi-level design and the property’s natural topography. Like its neighboring parcel, this site benefits from the City’s modernized parking standards, enabling developers to pursue reduced parking ratios or parking waivers in favor of maximizing livable or commercial space. Overall, APN 449-102-18 represents a flexible, regulation-friendly infill opportunity—simple to develop, cost-effective to build, and well-suited for creative urban design.

Voltaire St Unit 1, Ocean Beach (OB)

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