Hammer – I feel for you on this one – it’s a tough choice
The area you are talking about is great – I think I would prefer a view of the harbor vs the ocean (harbor is more dramatic at night) but the view from south Sunset Cliffs doesn’t suck
Another factor for me at this point in my life is commuting – getting from south Sunset Cliffs to the freeway is not fun – I think for the commuting factor I would choose Pt Loma over Sunset Cliffs although it is probably a toss-up
I don’t have need of a big house right now so $1.1 mil wouldn’t cause me to bite today – it might make sense for you however if this is really the house you want to live in for the next decade or so