1865 Magdalene Way FIRST TIME ON THE MARKET SINCE BUILT IN 1962! LIVE THE BAY PARK SAN DIEGO LIFESTYLE-WITH VIEWS, FLEXIBILITY & ROOM TO CREATE YOUR OWN OASIS. Fully updated in 2026, this is a rare opportunity to own a versatile property where exceptional indoor-outdoor living meets some of San Diego's most spectacular views and experiences in the coveted Bay Park Neighborhood. From the living room, enjoy front-row views of SeaWorld fireworks and drone shows. Step onto the private panoramic deck and take in even more of the view. Venture to the upper portion of the expansive property and the possibilities become extraordinary-with elevated panoramic vistas and a spectacular vantage point for Fourth of July celebrations, where approximately six different fireworks locations can be seen. The thoughtfully designed property offers a separate studio with its own entrance and private panoramic deck, creating exceptional flexibility for extended family, guests, a home office, creative space, or potential income use. The expansive backyard is truly a blank canvas. With substantial usable potential and a property line extending up the hillside, envision a pool, putting green, resort-style entertaining area, gardens, or your own private sanctuary. The possibilities are limited only by your imagination and vision. A generous covered patio creates an outdoor living and entertaining destination, complete with an outdoor kitchen and grill and a full gym. Whether you're hosting friends, watching fireworks, working out, enjoying a quiet morning, or simply soaking in the San Diego sunshine, this property was made for enjoying life outdoors. Offered furnished or unfurnished, this is a property that can adapt to the way you live-whether you're looking for a full-time residence, a flexible multigenerational home, space for guests, or opportunities to generate additional income. (Plenty of room for additional ADU!) And the location is hard to beat. Ideally positioned near USD, San Diego Tennis/Racquet Club, Tecolote Canyon natural park, Point Loma, Ocean Beach, Mission Bay, Liberty Station, beaches, parks, dining, shopping and entertainment, with convenient access to major freeways, hospitals and everything that makes San Diego one of the world's most desirable places to live. Come for the location. Stay for the views. Make the possibilities your own.