Bay Park is a beautiful, hilly community overlooking the San Diego Bay, with Bay Ho to the north, which is also a hilly community and Clairemont and Linda Vista to the east. With a mixture of bungalows, single family homes, new and old constructions, Bay Park and Bay Ho offer diverse housing options and great access to the freeways, shopping and the beach. Because Bay Park and Bay Ho are located on the east side of I5, real estate prices are more affordable than beach communities. Bay Park is strictly a residential neighborhood, with plenty of single family homes to choose from. Because there is no commercial or retail development here, the Bay Park neighborhood truly feels like a suburban community, despite its urban location. Bay Ho has a mixture of both commercial and residential, although leans more heavily on residential than commercial. While these neighborhoods are adjacent, Bay Ho is on the north side of Balboa, and not as many homes have the million dollar bay view.
Median real estate prices in this community are $557,813 and average rental prices are $1,738, according to NeighborhoodScout. Bay Park has an extremely low vacancy rate, meaning this neighborhood in San Diego is mainly owner occupied. Bay Park is very quiet and safe, which is perfect for families and retirees. Bay Park’s real estate is mainly detached single family homes mainly built between the 1970s and 1990s. In addition to the established homes, Bay Park also has some historic homes intermixed in the neighborhood, built between the 1930s and 1940s. Bay Park is unique because it offers a neighborhood feel to the community with views of the San Diego Bay, but without the noise, tourists, or high real estate prices that other communities in San Diego have, making this a true gem.
Zillow’s analysis of the home values for Bay Ho indicates that the median price at $522,500, which is up 25.8% from last year. Bay Ho offers more condominium developments and apartment rentals in addition to the large number of single family homes, making this area more diverse in property types than its neighbor, Bay Park. Homes were developed around the same time as Bay Park, offering an established feel to the neighborhood.
Residents of both Bay Park and Bay Ho are generally upper-middle income, maintaining both white and blue collar professions. Residents here range between upwardly-mobile singes, young couples, older couples (65+) and families. Because of their proximity, both Bay Park and Bay Ho were developed around the same time, offering very established neighborhoods, which adds to the diversity of residents living here. Residents have a few public and private schools to choose from while living in Bay Park, and the public schools have a high ranking according to Trulia. Families looking to buy in Bay Park have several home options as well as school options, making this a great community to raise children. Bay Ho has a few public and private schools located in this neighborhood. Whenever you are looking to move, contacting the school district directly will give you the best insight into the academics, athletics and overall feel of a school.
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