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475 Redwood St Unit 906, San Diego, CA, 92103

2beds
2baths
1,574sqft
$2,149,000
$1,365price/sqft
$13,801/moest. monthly cost
$552,040/yrincome needed

About This Home

Residence 906 at Alicante is one of Bankers Hill's standout homes, occupying a coveted northwest corner with sweeping views of San Diego Bay, Point Loma, Hillcrest, and the protected 4th Street Canyon. Unlike many city views that can disappear over time, the canyon preserves both privacy and the spectacular sunsets that define this home.? Inside, walls of glass frame the open living spaces, filling the home with natural light from morning through evening. Wide-plank oak flooring, a designer kitchen with an oversized island, and premium finishes set the tone for a home that feels both refined and effortlessly livable.. The main living areas and expansive corner terrace become the perfect backdrop for spectacular sunsets, while the primary suite welcomes each day with peaceful sunrise views, offering the rare privilege of enjoying both ends of the day from home. ? Just one block from Balboa Park and minutes from Little Italy, Downtown, Mission Hills, and San Diego International Airport, Alicante combines exceptional walkability with the quiet residential character that has made Bankers Hill one of San Diego's most sought-after neighborhoods. Residents enjoy controlled access, a fitness center, clubhouse, barbecue area, two secure side-by-side parking spaces, and a dedicated EV charging station serving the residence.? With HOA dues under $1,000 per month, protected canyon and bay views, and one of Alicante's premier corner locations, Residence 906 represents a rare opportunity to own one of Bankers Hill's finest residences. Residence 906 at Alicante is one of Bankers Hill's standout homes, occupying a coveted northwest corner with sweeping views of San Diego Bay, Point Loma, Hillcrest, and the protected 4th Street Canyon. Unlike many city views that can disappear over time, the canyon preserves both privacy and the spectacular sunsets that define this home.? Inside, walls of glass frame the open living spaces, filling the home with natural light from morning through evening. Wide-plank oak flooring, a designer kitchen with an oversized island, and premium finishes set the tone for a home that feels both refined and effortlessly livable.. The main living areas and expansive corner terrace become the perfect backdrop for spectacular sunsets, while the primary suite welcomes each day with peaceful sunrise views, offering the rare privilege of enjoying both ends of the day from home. ? Just one block from Balboa Park and minutes from Little Italy, Downtown, Mission Hills, and San Diego International Airport, Alicante combines exceptional walkability with the quiet residential character that has made Bankers Hill one of San Diego's most sought-after neighborhoods. Residents enjoy controlled access, a fitness center, clubhouse, barbecue area, two secure side-by-side parking spaces, and a dedicated EV charging station serving the residence.? With HOA dues under $1,000 per month, protected canyon and bay views, and one of Alicante's premier corner locations, Residence 906 represents a rare opportunity to own one of Bankers Hill's finest residences.

Getting Around

86
WalkingVery Walkable
52
TransitGood Transit
41
BikeSomewhat Bikeable

Schools

7/10
6/10
San Diego High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 2006

Materials

  • Roof: None
  • Construction materials: Other/Remarks

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Garage Door Opener,Microwave,Refrigerator,Washer,6 Burner Stove,Freezer,Ice Maker,Vented Exhaust Fan
  • Laundry features: Electric

Bedrooms & Bathrooms

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

Heating & Cooling

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

Interior Area

  • Total structure area: 1,574
  • Total interior livable area: 1,574 sqft

Property

Details

  • Parcel number: 4526251271
  • Special condition: Other/Remarks

Features

  • Levels: 1 Story
  • Stories: 11
  • Pool features: N/K
  • Fencing: N/K

Parking

  • Total spaces: 2
  • Parking features: Assigned,Garage Door Opener,EV Charging Station(s)
  • 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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
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 $10,866$130,392
Home Insurance *$291$3,492
Property Taxes $2,246$26,952
Electricity $398$4,786
Total$13,801$165,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$473,177/yr
40% on housing$414,030/yr
45% on housing$368,026/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

$1,365This listing

vs Other Active Listings

Avg $/sqft

ZIP 92103$731
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
2026-07-24Listed for sale$2,149,000
2021-05-27Sold$1,950,000
2021-04-15Pending sale$1,995,000
2021-04-15Listing removed--
2021-04-13Pending sale$1,995,000
2021-01-30Listed for sale$1,995,000
2018-09-14Sold$1,150,000
2018-07-31Price change$1,245,000
2018-07-06Price change$1,324,000
2018-06-13Price change$1,325,000
2018-05-07Price change$1,365,000
2018-04-18Listed for sale$1,399,000
2015-07-02Sold$1,025,000
2008-04-04Listing removed$1,040,000
2007-12-15Price change$1,040,000
2007-08-31Listed for sale$1,049,000
2005-12-01Sold$959,000

For Sale by Agent

AgentAdam Cairo
BrokerageStarker West, Inc.

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