The four mile peninsula known as Point Loma has 76 million years of history from the time when the Point was completely submerged in water to the time when Navy installations arose just before World War II. Point Loma guards the entrance to San Diego Bay. The views from this magnificent community are truly breathtaking, with the blue Pacific Ocean to the horizon on the West and the cosmopolitan city of San Diego and its active working harbor on the West. The Point Loma neighborhood is a gorgeous beach town characterized by its laid back attitude, beautiful ocean views, the flurry of naval activities, and historic monuments paying tribute to the US armed forces.

The preservation of the Point Loma land, that hosts many species (Octopus, Sea Anemone, Sculpin, Starfish, Lobster, Abalone, Crabs and many more) apart from mankind, has been priceless. Should the land have been sold off privately, homes would have dominated what is now preserved public land.

Point Loma condos and apartments account for about one third of its housing. About 70% of the Point Loma real estate was built between 1950 and 1980. Point Loma real estate neighborhoods include Point Loma Heights, Loma Portal, Fleetridge, Midway District, Roseville, Sunset Cliffs, Centraloma, Woods, Wooded Acres, College Area, La Playa, and Ocean Beach. The Point Loma real estate is also marked by the Naval Training Center (NTC), now known as Liberty Station, a 361-acre mixed-use redevelopment project that includes residential, office, retail, educational, and civic, arts and cultural districts.

Currently, there are 51 condos in Point Loma that are available. And there are many new exciting Point Loma condominium projects with 1 and 2 bedroom units coming up. These condos, starting at $459,000, are available for both sales and rentals, with special financing and lease options. One such condo project in the Point Loma village consists of four units, each with over 1,000 square feet of living space. Units have 2 baths plus 2 bedrooms or 1 bedroom and an office, off-street parking garage, and shopping and fine dining in close proximity.

Many “townhouse-style” condominiums are available in the heart of Point Loma as well. These condos are functional, aesthetic and fully-equipped with modern amenities – spacious open-entry high ceilings, cherry hardwood floors and cabinets, granite counter-tops, stainless appliances, walk-in closets, underground gated parking with private entrance and more. Many of them are brand-new constructions and not condo-conversions. An additional advantage of condos in Point Loma (heartland) is that they are close to shops, Shelter Island, downtown, beaches and bay. For more Point Loma condo listings, Superlative is a good place to start with. Another good source of rental condo properties is available at Rent.com.

The median prices of Point Loma condos and housing as researched by DQNews.com are given in the table below. As can be seen, Point Loma condos and housing are premium compared to the rest of Central San Diego, thanks to the neighborhood’s unique charm.

Note: Figures are for sales recorded in June 2006. Percentage change is for the median price from the same month last year.

According to another source, median prices for Point Loma condos and homes are as follows:

For Point Loma condos available on rent, RentSlicer estimates are as follows:

Truly, the promise of a laidback life amidst proximity and connectivity to most of San Diego’s city areas makes the Point Loma real estate a coveted proposition. With a well-established business and education environment, and attractive real estate, Point Loma is a dream neighborhood of many a California resident. And owning or renting condos in Point Loma are an easy way of making that dream a reality.