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12927 Via Grimaldi, Del Mar, California 92014, Del Mar, 92014 - 4 bed, 5 bath

12927 Via Grimaldi, Del Mar, California 92014 home-pic-0
ACTIVE$5,495,000
12927 Via Grimaldi, Del Mar, California 92014
4Beds
5Baths
4,090Sqft
Lot
Year Built
2003
Close
-
List price
$5.5M
Original List price
$6M
Price/Sqft
$1,344
HOA
-
Days on market
-
Sold On
-
MLS number
250033946SD
Home ConditionFair
Features
Excellent View:
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.50M(83th), sqft - 4090(85th), beds - 4(54th), baths - 5(85th).

PHENOMENALLY PRICED....Tucked into the hills of Del Mar Terrace with views of the Pacific Ocean and the Torrey Pines Reserve is this masterfully built, modern Italian villa. Custom designed and constructed with extraordinary materials and workmanship this home offers privacy and exudes quality. Complete with 4 bedroom suites, each with outdoor access, a sound proof gym, wine cellar, elevator, 3 fireplaces, outdoor spa with ocean view, cook's kitchen, walk- in pantry, primary retreat with 2 walk-in closets, and 3 car garage. Incredible opportunity to live life above the fray! Located minutes to the beaches and California surfing, the Village of Del Mar, hiking and golf at world class Torrey Pines, the Del Mar Race Track, shopping and dining, just 30 minutes to public and private airports, 3 universities and downtown San Diego. The best known secret in Del Mar is the neighborhood of Del Mar Terrace with its viby, eclectic charm offering exclusivity, luxury and privacy, a blend of cutting edge design, panoramic views and a lifestyle and community that values privacy and quiet, but remains close to nightlife, fine dining, entertainment and outdoor endeavors.

Nearby schools

9/10
Del Mar Heights Elementary School
Public,•K-6•0.7mi
9/10
Del Mar Hills Elementary School
Public,•K-6•1.3mi
10/10
Pacific Trails Middle
Public,•7-8•4.0mi
8/10
Earl Warren Middle School
Public,•7-8•4.2mi
9/10
Torrey Pines High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
10/22/25
Price Change
$5,495,000
07/18/25
Listing
$5,995,000
Condition Rating
Fair
The property was built in 2003, making it 21 years old. While described as a 'masterfully built, modern Italian villa' with 'extraordinary materials,' the lack of interior images prevents a direct assessment of the current condition and style of the kitchen and bathrooms, which are likely to show signs of being outdated given the age without explicit recent renovations. A significant weakness noted is the absence of central air conditioning, a standard expectation for a luxury home in this region and price point. These factors indicate that while the property is likely well-maintained, it requires minor updates to meet contemporary luxury standards and amenities.
Pros & Cons

Pros

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).
Panoramic Ocean & Reserve Views: The property offers stunning views of the Pacific Ocean and Torrey Pines Reserve, enhancing its luxury appeal and providing a serene backdrop.
Luxury Amenities & Custom Features: Equipped with high-end amenities including an elevator, wine cellar, soundproof gym, outdoor spa with ocean view, and a 3-car garage, catering to a sophisticated lifestyle.
Prime Del Mar Location: Situated in the exclusive Del Mar Terrace neighborhood, minutes from beaches, world-class golf, dining, shopping, and offering a blend of privacy and accessibility.
High-Quality Construction & Design: A masterfully built modern Italian villa, custom-designed with extraordinary materials and workmanship, exuding quality and cutting-edge design.
Excellent School District: Located within a highly-rated school district, including top-tier elementary, middle, and high schools, adding significant value for families.

Cons

Recent Price Reduction: The property has undergone a significant price reduction from its original listing, which may suggest it was initially overpriced or has faced challenges in attracting buyers.
Absence of Central Air Conditioning: The detailed description of luxury features does not mention a cooling system, which is a standard expectation for high-end homes in Southern California and could be a significant missing amenity.
Specific Architectural Style Appeal: While a 'modern Italian villa' is a strength for some, this specific architectural style might not appeal to all luxury buyers, potentially narrowing the buyer pool compared to a more universally appealing contemporary design.

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