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720 W Montecito Way, San Diego, CA, 92103

2beds
2baths
2,730sqft
$2,400,000
$879price/sqft
$15,318/moest. monthly cost
$612,720/yrincome needed

About This Home

The cedar shingle siding of the Malcolm Nichols Residence, by architect Robert Bowlus, connects California's late 20th-century modernism (as popularized by Sunset Magazine) to longstanding Cape Cod style. Recently featured in Dwell, the property encompasses 6-contiguous parcels totaling 15,000 sq ft adjacent to canyon open space. The property offers significant development opportunities beyond just updating and enjoying the property in its current format. Situated in a perfect Mission Hills location, walking distance to a number of restaurants (Fort Oak, La Puerta, Farmer's Bottega, etc.), coffee shops, and grocery stores..

Getting Around

90
WalkingVery Walkable
49
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

7/10
Grant K-8Grades K-80.4 mi
6/10
San Diego High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Fixer,Repairs Cosmetic
  • Year built: 1974

Materials

  • Roof: Composition
  • Construction materials: Shingle Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Water Heater
  • Laundry features: Electric

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Shower
  • Flooring: Laminate
  • Common walls with other units/homes: Detached

Heating & Cooling

  • Heating features: Forced Air Unit
  • Cooling features: Central Forced Air

Interior Area

  • Total structure area: 2,730
  • Total interior livable area: 2,730 sqft

Property

Details

  • Parcel number: 4444221300

Features

  • Levels: 1 Story
  • Pool features: N/K
  • Patio & porch: Balcony,Terrace
  • Fencing: Partial
  • Has view: Yes
  • View description: Valley/Canyon

Parking

  • Total spaces: 4
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,135$145,620
Home Insurance *$325$3,900
Property Taxes $2,273$27,276
Electricity $585$7,024
Total$15,318$183,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$525,188/yr
40% on housing$459,540/yr
45% on housing$408,480/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$879This listing

vs Other Active Listings

Avg $/sqft

ZIP 92103$733
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92103$928
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Listed for sale$2,500,000
2018-03-22Sold$1,030,000
2018-02-20Pending sale$1,105,000
2018-02-10Price change$1,105,000
2018-01-20Price change$1,125,000
2017-12-09Pending sale$1,157,000
2017-11-04Price change$1,157,000
2017-09-21Listed for sale$1,325,000
2017-04-11Listing removed$345,000
2017-04-04Listed for sale$345,000
2017-02-10Sold$1,200,000

For Sale by Agent

AgentKeith York
BrokerageAgents of Architecture

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