Here’s Why You Should Consider Relocating to Mission Bay

August 31, 2021

Are you looking for a new neighborhood in San Francisco to call home? The iconic city has a number of fantastic neighborhoods ranging from quaint, upscale Russian Hill to trendy North Beach to the revitalized cool of Hayes Valley. However, if you’re looking for a youthful neighborhood that has been created specifically to keep people in the area by offering spacious homes at reasonable prices, then Mission Bay is the place for you. Here is everything you need to know if you’re considering buying homes for sale in Mission Bay.

Homes Are Affordable


The median price for homes for sale in Mission Bay is $1.1 million, down more than 21% from one year ago. This may not seem like a bargain until you consider the median price of homes in other neighborhoods such as Russian Hill (median price: $1.6 million), Presidio Heights ($3.6 million), and Seacliff ($2.84 million.) 

In Mission Bay, $1.5 million will get you a two-bedroom, two-bathroom condo with more than 1500 square feet of space—large enough for a small family.

There is Plenty of Nearby Entertainment

If you’re a sports fan, you can’t do better than buying Mission Bay real estate as this is the neighborhood the San Francisco Giants call home. Not a baseball fan? Don’t worry. This is also the home of the Golden State Warriors who play in Mission Bay’s Chase Center. Of course, with two professional sports teams in the area, there are plenty of trendy places to gather with friends, have a beer, and watch one of the games. Local favorite spots include Little Creatures, Death by Taco, and Third Rail.

Is fine dining more your style? When you buy one of the homes for sale in Mission Bay, you will have easy access to world-class restaurants like ATWater Tavern, Bellota, and Dumpling Time Thrive City.

The Green Spaces are Unbeatable


Lots of green space can be hard to come by in thriving metropolitans, but the Mission Bay area has linked several green spaces with spacious trails. Residents can easily get to tennis courts, grassy knolls, and plenty of places for their dogs to run and play. The waterfront also provides a beautiful backdrop for those who want to enjoy a cool breeze while they walk, bike, or job. 

Want to enjoy some entertainment in your green space? The Esplanade walkway leads to an outdoor amphitheater where small events are regularly held for locals and tourists alike. There are plenty more parks in and surrounding Mission Bay to choose from. They include Bay Front Park, which sits between the waterfront and Chase Center, Mission Bay Commons Park, and Parkland Gardens.

It’s the Home of UCSF

Credit: UCSF Health

Many of those interested in homes for sale in Mission Bay work in the medical field. Why? Because they’re attracted to the many job opportunities at the University of California at San Francisco Medical Center, a healthcare mecca that takes up a large chunk of the neighborhood. In addition to the main medical facility, Mission Bay is also the home of Benioff Children’s Hospital, the Smith Cardiovascular Research Building, and a variety of other UCSF Medical Facilities.

Tips on Buying Homes for Sale in Mission Bay 


Convinced that Mission Bay should be your new home? Like most of San Francisco and many other parts of the country, the Mission Bay real estate market is currently leaning heavily in favor of the seller. With more interested buyers than there are homes on the market, competition can get tough. However, you can still find and buy a home that works for you in Mission Bay if you keep the following tips in mind:

  • Work with an experienced Mission Bay real estate agent. A good local agent can help you get to listings early, assist you in writing an offer that will get the seller’s attention, and represent you should there be a multiple offer or bidding war scenario. Your realtor can also help walk you through the closing process and connect you with other professionals like decorators or contractors who can help you improve or settle into your new home.

  • Get pre-approved for a loan. In a competitive market, some sellers will not even consider an offer from a buyer who is not pre-approved for a loan. Before you begin looking at homes for sale in Mission Bay, visit a lender and go through the pre-approval process. Once you have a letter of pre-approval, take it with you when you start looking at homes so sellers know you are a good-faith buyer.

  • Make a strong offer. Now is not the time to try and score a deal on homes for sale in Mission Bay. Work with your agent to write a strong offer that is at or above the asking price and that drops common contingencies like those based on appraisals or obtaining financing. Though you will open yourself up to some risks when leaving out contingencies, it may be the only way to seal the deal in this type of market.

  • Get ready to act fast. Though the typical home in Mission Bay stays on the market for an average of 45 days, popular homes can easily be snapped up much more quickly. That means that taking the time to think about making an offer can mean losing the home to a more motivated buyer. Make sure you’re pre-approved and have the right mindset to make an offer on the spot when you find a home you love.


Mission Bay is the ideal location for those who want to experience all the vibrant amenities of San Francisco while not paying sky-high housing costs. Ready to start looking at homes for sale in Mission Bay? Reach out to an experienced agent like Vi Pavlicevich for assistance.

 

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Vi's understanding for urban living meets no end when representing her clients in San Francisco. She loves the city life and is passionate about sharing the lifestyle San Francisco has become famous for.

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