Realkey.ai
RealKey
‪(213) 433-7766‬

1141 Luneta Drive, Del Mar, California 92014, Del Mar, 92014 - 5 bed, 5 bath

1141 Luneta Drive, Del Mar, California 92014 home-pic-0
ACTIVE$4,995,000$2,676/sqft
Est. Value: $5,202,522
4%
BelowEstimate
1141 Luneta Drive, Del Mar, California 92014
5Beds
5Baths
2,676Sqft
12,296Lot

Price Vs. Estimate

The estimated value ($5,202,522.47) is $207,522.47 (4%) higher than the list price ($4,995,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12296, living area = 2676.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$5.00M vs avg $3.12M (+$1,877,500)76%
Size:2,676 sqft vs avg 2,539.5 sqft56%
Price/sqft:$1.9K vs avg $1.2K70%

More Insights

Built in 1977 (49 years old).
Condition: This property, built in 1977, has undergone significant and tasteful renovations, making it move-in ready. The kitchen features high-end stainless steel appliances, white shaker cabinets, and granite countertops, indicating a substantial update. The primary bathroom is modern with dual vanities, vessel sinks, a soaking tub, and a spacious walk-in shower. Other bathrooms are also updated, though with slightly more traditional elements. Hardwood flooring is consistent throughout and in excellent condition. The vaulted, beamed ceilings and expansive view decks contribute to a luxurious feel. Modern systems like solar electric and a soft water system are also in place. While the granite in the kitchen and some bathroom fixtures might not be considered 'brand new' contemporary, they are well-maintained and functional. The absence of central air conditioning is noted, but the coastal location and refreshing breezes are highlighted as natural cooling. Overall, the property reflects extensive renovations within the last 5-15 years, aligning with a 'Good' condition score.
Year Built
1977
Close
-
List price
$5M
Original List price
$5.3M
Price/Sqft
$1,867
HOA
-
Days on market
-
Sold On
-
MLS number
250046384SD
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

Experience the ultimate in coastal luxury with this exceptional home, ideally located in the prestigious Olde Del Mar neighborhood. Capturing stunning panoramic views and the refreshing Pacific breezes, this expansive residence boasts vaulted, beamed ceilings and an abundance of natural light, creating an inviting and airy atmosphere throughout. Designed for seamless indoor-outdoor living, the home features expansive view decks, private patios, gardens and more, perfect for entertaining or relaxing in tranquility. Experience the ultimate in coastal luxury with this exceptional home, ideally located in the prestigious Olde Del Mar neighborhood. Capturing stunning panoramic views and the refreshing Pacific breezes, this expansive residence boasts vaulted, beamed ceilings and an abundance of natural light, creating an inviting and airy atmosphere throughout. Designed for seamless indoor-outdoor living, the home features expansive view decks, private patios, gardens and more, perfect for entertaining or relaxing in tranquility. The fifth bedroom, complete with a full bath, is situated on the lower level, offering versatility as a private guest suite or current use as a fitness area, enhanced by a portable steam room (which may convey). Property is equipped with Solar Electric & Soft Water Systems. With an enviable walkable location, this residence provides effortless access to the village’s world-class dining, shopping, and the beach. This is coastal living at its finest, where luxury, convenience, and beauty come together in perfect harmony.

J
Joe Ghio
Listing Agent

Nearby schools

9/10
Del Mar Hills Elementary School
Public,•K-6•0.9mi
9/10
Del Mar Heights Elementary School
Public,•K-6•1.1mi
8/10
Earl Warren Middle School
Public,•7-8•2.7mi
10/10
Pacific Trails Middle
Public,•7-8•4.4mi
9/10
Torrey Pines High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
10/05/21
Sold
$3,577,500
Condition Rating
Good
This property, built in 1977, has undergone significant and tasteful renovations, making it move-in ready. The kitchen features high-end stainless steel appliances, white shaker cabinets, and granite countertops, indicating a substantial update. The primary bathroom is modern with dual vanities, vessel sinks, a soaking tub, and a spacious walk-in shower. Other bathrooms are also updated, though with slightly more traditional elements. Hardwood flooring is consistent throughout and in excellent condition. The vaulted, beamed ceilings and expansive view decks contribute to a luxurious feel. Modern systems like solar electric and a soft water system are also in place. While the granite in the kitchen and some bathroom fixtures might not be considered 'brand new' contemporary, they are well-maintained and functional. The absence of central air conditioning is noted, but the coastal location and refreshing breezes are highlighted as natural cooling. Overall, the property reflects extensive renovations within the last 5-15 years, aligning with a 'Good' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12296, living area = 2676.
Great Schools: Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Prime Coastal Location: Ideally situated in the prestigious Olde Del Mar neighborhood, offering an enviable walkable location with effortless access to world-class dining, shopping, and the beach.
Panoramic Views & Coastal Ambiance: Captures stunning panoramic views and refreshing Pacific breezes, creating an inviting, airy atmosphere with vaulted, beamed ceilings and abundant natural light.
Seamless Indoor-Outdoor Living: Designed for entertaining and relaxation with expansive view decks, private patios, and gardens, promoting a luxurious coastal lifestyle.
Eco-Friendly & Modern Systems: Equipped with Solar Electric and Soft Water Systems, providing modern efficiency and environmental benefits.
Versatile Living Space: Features a versatile fifth bedroom with a full bath on the lower level, suitable as a private guest suite or fitness area.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Property Age: Built in 1977, the property's age may imply older infrastructure or require updates to meet contemporary luxury standards, despite its described features.
Recent Price Reduction: The list price was recently reduced from $5.3M to $4.995M, which could indicate initial overpricing or a slower market response, potentially raising buyer questions.
Lack of Central Air Conditioning: While Pacific breezes are highlighted, the absence of explicit mention of a central air conditioning system could be a drawback for some buyers, especially in a luxury home.
Browse Properties by State Browse housing market trends by state