1311 Caminito Faro, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 4 bath
ACTIVE$2,475,000
1311 Caminito Faro, La Jolla, California 92037
3Beds
4Baths
2,471Sqft
7,179Lot
Price Vs. Estimate
The estimated value ($2,371,165.99) is $103,834.01 (4%) lower than the list price ($2,475,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Top Cons:
High Association Fees: The property carries a significant monthly association fee of $470, which adds to the ongoing cost of ownership.
Compared to the nearby listings
Price:$2.48M vs avg $3.57M ($-1,093,500)22%
Size:2,471 sqft vs avg 2,711 sqft38%
Price/sqft:$1.0K vs avg $1.4K17%
More Insights
Built in 1995 (30 years old).
Condition: The property, built in 1995, is well-maintained but shows its age in critical areas. The kitchen features dated honey oak cabinetry and black granite countertops. The bathrooms are particularly outdated with tile countertops, older tile surrounds in the shower/tub, and brass-toned fixtures. While functional and clean, these elements require significant updates to meet current aesthetic standards, especially for a luxury market like La Jolla. The property is in good structural condition but needs cosmetic renovations.
Year Built
1995
Close
-
List price
$2.48M
Original List price
$2.54M
Price/Sqft
$1,002
HOA
$470
Days on market
-
Sold On
-
MLS number
250036357SD
Home ConditionFair
Features
Patio
View-
About this home
This special single-level floorplan was custom designed for the lot. The siting allows for good-sized outdoor spaces. It’s rare to find a one-story home in Crystal Bay that offers 3 en-suite bedrooms plus a powder room, both family and living rooms, and formal and informal dining. The primary is quite large and includes a spacious sitting area with a fireplace. Living spaces easily flow to the private, sunny yard and patios. Light filled and in a quiet location. Enjoy all of the resort amenities including 3 lighted tennis courts, gym, lap swimming and free form pool, spas, clubhouse (ideal for entertaining). Primary Bedroom: Overall: 26’x13'; Sitting Room: 12’x11’, Bedroom Proper: 14’x14’.
Nearby schools
10/10
Bird Rock Elementary School
Public,•K-5•0.8mi
8/10
Muirlands Middle School
Public,•6-8•1.5mi
8/10
La Jolla High School
Public,•9-12•1.7mi
Condition Rating
Fair
The property, built in 1995, is well-maintained but shows its age in critical areas. The kitchen features dated honey oak cabinetry and black granite countertops. The bathrooms are particularly outdated with tile countertops, older tile surrounds in the shower/tub, and brass-toned fixtures. While functional and clean, these elements require significant updates to meet current aesthetic standards, especially for a luxury market like La Jolla. The property is in good structural condition but needs cosmetic renovations.
Pros & Cons
Pros
Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Rare Single-Level Floorplan: The property features a custom-designed, single-level floorplan, which is explicitly noted as rare for the Crystal Bay area, offering broad appeal and accessibility.
Resort-Style Community Amenities: Residents have access to extensive resort amenities including 3 lighted tennis courts, a gym, lap and free-form pools, spas, and a clubhouse, enhancing lifestyle and value.
Functional & Spacious Layout: The home boasts 3 en-suite bedrooms plus a powder room, separate family and living rooms, and formal and informal dining areas, providing excellent functionality and privacy.
Desirable La Jolla Location: Situated in the prestigious La Jolla area, specifically a quiet location within Crystal Bay, offering a premium address and desirable neighborhood.
Excellent Outdoor Space & Natural Light: The property offers good-sized, private, and sunny outdoor spaces with patios, complemented by light-filled interiors, enhancing livability and enjoyment.
Cons
High Association Fees: The property carries a significant monthly association fee of $470, which adds to the ongoing cost of ownership.
Potential for Dated Interiors: Built in 1995, without explicit mention of recent major renovations, some interior elements (e.g., kitchen, bathrooms, finishes) may be considered dated by modern luxury buyers, potentially requiring additional investment.
Recent Price Reduction & Valuation Gap: The property recently underwent a price reduction and its estimated value is slightly below the current list price, which could suggest market resistance or a perception of being slightly overpriced.