SUNSET COVE (007991): 5050 Palm Point Court, San Diego, CA 92117
- Bedrooms: 3
- Bathrooms: 4
- Price Range as of Jan 2015: $500,000-$575,000
For assistance with a condo approval project, contact VA Home Loan Centers at 888-573-4496.
Located in the hilly Bay Park neighborhood of San Diego, Sunset Cove is in walking distance to shopping options and restaurants. Nearby eateries include Coronado Brewing Company, Luce, Bay Park Fish Co and Baci. In total, 12 restaurants are right down the street, as is a bank, gas station, and grocery store. Three bedrooms four-bathroom units are found at Sunset Cove. Large units, condos, encompass 1,418 square feet of space. Built in 2008, the complex features modern architecture and quality landscaping. The complex contains 77 individual units. Condos are priced between $500,000 and $575,000. The average listing price for the Bay Park neighborhood is higher at $718,929. A solid investment property, market experts have predicted that home values in Bay Park will increase by 4.1 percent in 2015. Among neighborhood homes, Sunset Cove is valued at 20 percent more than the midpoint. Condo owners pay monthly HOA fees of $250, amounting to $3,000 annually. Dues provide for exterior landscaping, sewer, exterior building maintenance, common area maintenance and limited insurance.
Onsite amenities open to residents include a barbecue, pool, and spa. A connection for washing machine and dryer are in every unit. Condos are equipped with a dishwasher, disposal, microwave, range/oven, drywall interior, and solar panels. Interestingly, Sunset Cove was the first “Green Community” in the city of San Diego. Solar drastically reduces monthly expenses, dropping the electric bill down to $25 a month for many residents. Upgraded townhomes have gorgeous hardwood floors and granite counters. Townhomes are adjoined by balconies and decks with some looking out onto the bay. Residents have an unimpeded view of SeaWorld and its firework displays.
Residents have access to two car garages, with additional parking available on the street, making it easy to host. In a quiet neighborhood on a calm street, Sunset Cove is kid-friendly. The San Diego Public Library has branch just blocks away and the East Clairemont Athletic Area nearby hosts little league baseball. Eight schools are in the vicinity of Sunset Cove, with Clairemont High School, Marston Middle School and Toler Elementary School the closest to the property. The HOA also allows for residents to own pets; the location is ideal for dog owners, situated so close to Kearny Mesa Dog Park, Mission Bay Park, and Western Hills Park.
Close to the 5, 52 and 8, commuting from the property to other areas of the city or county is not difficult. Sunset Cove is within five miles of Pacific Beach and two miles from Mission Bay. Military members living on the property benefit from proximity to the military installations of the county. The 32nd Street naval station is 13 miles away; the Marine Corps Recruit Depot is five miles away and Camp Pendleton is 36 miles away.
