$1,323,661Average Value$824Average Price per Sq Ft38Homes For Sale
An affluent residential community right by Balboa Park
Overlooking its southern neighbor Downtown San Diego, the affluent Bankers Hill offers the calm of a suburb with the walkability and amenities of a major city. “It’s urban and convenient without being in the midst of Downtown’s hubbub,” says Chase Penrose, a realtor with Real Broker and San Diego local. Balboa Park forms the neighborhood’s western border, and Little Italy immediately west of Bankers Hill is the center of San Diego’s dining scene and home of the legendary music venue Casbah, which has seen the talents of Nirvana, Vampire Weekend and more. Bankers Hill has its own share of local restaurants strung along Fifth Avenue, some of which have been active since the 1940s. Historically the home of the city’s wealthiest residents, Bankers Hill features a mix of 19th- and early 20th-century homes and Modern midrise condo buildings with ocean views.
Spanish Revival homes flourish in Bankers Hill.
Bankers Hill is situated directly north of Downtown San Diego, only a 5-minute drive.
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Modern condos, Craftsman bungalows and Georgian mansions
Bankers Hill’s housing market is dominated by condos, and proximity to Balboa Park and views of the ocean play a part in shaping price. A one-bedroom, ground-level unit closer to Little Italy can cost $560,000, while prices exceed $3 million for a three-bedroom atop a Modern mid-rise building that borders Balboa Park. In the northern and western areas of the neighborhood, there’s a handful of historic single-family homes from the late 19th to early 20th centuries; a two-bedroom Craftsman Bungalow from the 1920s with a gated backyard and stucco exterior can cost $1.4 million, while an 1880s Great Dame, Spanish Revival or Georgian Mansion that overlooks the Maple Canyon and gazes westward toward the ocean can exceed $4 million.
Most new residents will find condominiums the easiest entry into ownership in Bankers Hill.
Queen Anne Victorians dot Bankers Hill streets, often meticulously maintained.
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Local restaurants and nearby grocery stores and Little Italy
By Balboa Park, early 20th-century brick buildings hosting local eateries sit between Modern condominiums. Hob Knob Hill’s “Wizard of Oz” mural, stainless steel countertops and cushy leather booths drench the restaurant in midcentury Americana, and since 1944, residents have enjoyed starting the day here with fluffy waffles coated in powdered sugar and ending it with a double-patty cheeseburger and crinkle-cut fries. Atop the historic Manchester building, Mister A’s blue suede benches and white tablecloths set the scene for a fine dining experience “with great views of the city lights, Balboa Park and the ocean,” Penrose says. “Little Italy is also within walking distance of the neighborhood, and it's the dining center of San Diego.” Folks can find Walgreens, Whole Foods and Trader Joe’s grocery stores less than a mile north of Bankers Hill.
Barrio Star keeps regional specialties on the menu for locals and visitors alike.
Trader Joe's can be found just outside Bankers Hill in Hillcrest.
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Saint Patrick’s Day Parade and Festival
Since 1982, the San Diego Saint Patrick’s Day Parade has brought tens of thousands to Bankers Hill to watch bands of Kelt-wearing bagpipers and floats carrying traditional Irish dances march through the neighborhood’s streets. The fun continues in Balboa Park, where locals can listen to a mix of live modern and traditional Irish music as they shop among arts and crafts vendors. Every March, locals can also head to the Abbey — an event venue that was originally a Spanish Revival church — to try beers from over 15 San Diego breweries during the Bankers Hill Art and Craft Beer Festival.
Highly rated San Diego Unified schools
Local kids can attend Florence Elementary, which earns an A-minus from Niche. They can continue to B-plus-rated Roosevelt International Middle and A-rated San Diego High, the latter of which offers a variety of career-focused programs like GeoTech Academy for students interested in designing environmentally friendly technology and the Academy of Finance and Entrepreneurship for those who wish to pursue a business career.
Theodore Roosevelt Middle School in San Diego servers students in Bankers Hill.
Florance Elementary School in Hillcrest serves students in Bankers Hill.
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Balboa Park, canyons and wiggly bridges
The 1,200-acre Balboa Park’s sprawling green lawns and palm trees form Banker Hill’s eastern border. Locals entering the park from the neighborhood are greeted by paved trails that wind between low-hanging trees and bushes; as they head further toward its center, they can discover dozens of Spanish Renaissance buildings that are home to museums, arts centers and gardens, as well as the San Diego Zoo. “It’s not just one of the best zoos in the country but one of the best zoos in the world,” Penrose says. Within Bankers Hill, folks can descend into the Maple and Arroyo canyons, whose mile-long dirt paths are surrounded by grassy hills, tall eucalyptus and palm trees and bountiful yellow garland chrysanthemums that blossom in the springtime. Locals can also catch a bird’s eye view of the Maple Canyon from the historic Quince Street and Frist Avenue bridges, and over the Arroyo Canyon, the Spruce Street swing bridge earned the nickname “Wiggly Bridge” for the way it sways in the wind.
The famous Lily Pond in Balboa Park draws visitors and locals alike.
Maple Canyon contains two historic bridges and walking paths for those in Bankers hill.
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Easy Interstate 5 access and a nearby airport
Bankers Hill’s commuters have direct access to Interstate 5 and State Route 163, making travel in and out of the city easy. Broad sidewalks, separated bikeways along 4th and 5th avenues, and access to the Spruce Street and Quince Street bridges make the neighborhood pedestrian-friendly. Metropolitan Transit System buses also make stops throughout Bankers Hill. UC San Diego Medical Center is 2 miles north, and with the San Diego International Airport being only 2 miles west, planes often fly low and loudly over the neighborhood.
High atop 5th street Mr. A's restaurant, a San Diego institution, boasts bay and city views.
Dedicated bike lanes make Bankers Hill easy to traverse.
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Bankers Hill Community Group’s neighborhood watch
The CAP Index (Crimes Against Persons, Crimes Against Property) score in Bankers Hill is an overall 6 out of 10, with larceny and vehicle theft both receiving 7 out of 10. Locals can report safety incidents to the Bankers Hill Community Group, which runs a neighborhood watch program.
Lawn bowling is a favorite past time in Bankers Hill.
Bankers Hill is a walkers paradise with Balboa park just blocks away from many.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jorge Alvarez,
an experienced agent in this neighborhood.
Parks in this Area
Plaza de Panama
Waterfront Park
Balboa Park
Dog Park
Picnic Area
Trails
Amici Park
Dog Park
Parking Lot
Cabrillo Canyon Entrance
Waldo Dean Waterman Park and Monument
Trails
Hiking
Transit
Airport
San Diego International
6 min drive
Bus
1st Av & Juniper St
Bus
1st Av & Nutmeg St
Bus
4th Av & Date St
Bus
4th Av & Juniper St
Bus
2nd Av & Fir St
Bus
5th Av & Nutmeg St
Bus
1st Av & Thorn St
Crime and Safety
1 - Low Crime, 10 - High Crime
Bankers Hill
US
Homicide
3
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
7
4
Motor Vehicle Theft
7
4
Larceny
7
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Bankers Hill, San Diego sell after 42 days on the market compared to the national average of 47 days. The average sale price for homes in Bankers Hill, San Diego over the last 12 months is $1,451,234, down 1% from the average home sale price over the previous 12 months.
Welcome to one of the most coveted enclaves of Bankers Hill–Arroyo Canyon. Perched gracefully atop a scenic hillside, this tri-level architectural gem is unlike anything else on the market—a true relic of timeless design. Step into a lush retreat where vintage charm meets panoramic bay views, and let yourself be transported to an era of elegant cocktail soirées and classic San Diego living. From
Stylish. Comfortable. Perfectly Located. This beautiful 2-bedroom, 2-bathroom condo sits in one of San Diego’s most sought-after neighborhoods, Bankers Hill/Hillcrest, just moments from parks, dining, and Downtown. This light-filled residence features brand new carpet in the living room and bedrooms, creating a fresh and cozy feel throughout. The kitchen opens to the dining and living areas,
Discover the perfect blend of comfort and convenience in this spacious one-bedroom condo ideally located just four blocks from world-renowned Balboa Park. The iconic Old Globe Theater, fascinating museums, San Diego Zoo, are all within easy walking distance! This move-in ready home is complete with in-unit washer & dryer, stove, refrigerator, cable TV, and wireless internet for your convenience.
Come take a look at this spacious 2 bedrooms 2 bathrooms condominium unit located in the prestigious Bankers Hill neighborhood. Travertine tiles in the living area and wood floors in the bedrooms. This unit is a corner unit on the first floor. So, just one neighboring unit on one side and above. You get the Bay view from the patio where you can enjoy a glass of wine at the end of your hard day.
Architectural canyon retreat by Batter Kay blends modern design, smart tech, and immersive nature. Just steps to Spruce St Bridge & Balboa Park, this 4,188 sqft home features a Control4 system, Concord elevator, paid 40-panel solar, 3-car garage, chef’s kitchen w/Sub-Zero, Thermador, Dacor, Bosch, walk-in pantry, and laundry room w/sink. Spa-like primary suite has a jetted tub with canyon view,
Refreshed and Ready for New Owners. This Private Top-Floor Corner Unit In The Heart of Bankers Hill is Located Just Steps Away From Balboa Park. It boasts 2-bedrooms and 2-baths, 2 parking spaces in a gated garage, in-unit Washer/Dryer and Central A/C. The freshly installed modern flooring throughout elevates the interior with a clean, contemporary feel. Enjoy a spacious open-concept living and
Situated on Fourth Avenue next to Laurel Street in the heart of Bankers Hill, our brand-new boutique apartment community offers luxurious living with spacious studios, lofts, and one & two-bedroom residences, many have GREAT VIEWS of downtown San Diego, the bay and ocean! With Fourth and Laurel’s prime location and top-tier amenities, our pet-friendly, Bankers Hill San Diego apartments
Tucked away in the tranquil, lush Arroyo Canyon, this unique property sits on a spacious 10,800 sqft lot, surrounded by homes that blend character and natural beauty. The peaceful setting offers the ideal mix of serenity and convenience, with easy access to some of San Diego's most iconic destinations: the Historic Spruce Street Bridge, vibrant Little Italy, expansive Balboa Park, and San Diego
We are located in the very desirable Bankers Hill area just north of downtown San Diego. We are in walking distance from downtown San Diego, Gaslamp Area, Petco Park, Little Italy, Balboa Park, Hillcrest, and the San Diego Bay. Some amenities include:1) Secured garage parking available2) Laundry on-site3) Roof-top patio4) All kitchen appliances including dishwasher5) One
Interested in learning more about homes in this area?
Reach out to
Jorge Alvarez,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
9,465
Median Age
43
Population Density
23 ppl/acre
Population under 18
12.3%
Below the national average
23.8%
Population over 65
22.1%
On par with the national average
19.1%
Finances
Median Household Income
$89,546
Above the national average
$71,702
Average Household Income
$115,707
Education and Workforce
High School Graduates
95.5%
College Graduates
60.9%
Significantly above the national average
34.1%
Advanced Degrees
26.4%
Above the national average
13.3%
% Population in Labor Force
63.8%
Weather
Annual Precipitation
9''
Average Winter Low Temperature
50°F
Average Summer High Temperature
76°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
45/ 100
Walker's Paradise
Walk Score®
92/ 100
Good Transit
Transit Score®
60/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
