
Del Mar, California 92014
This Adobe-style Single Family Residence is a High-Potential Investment Opportunity, listed at $4,164,000—positioned above the $3,875,793 Fair Market Value. While priced at a premium, the property offers a 1.25-acre usable lot with a new pool and spa, providing significant lifestyle value. With a Condition Rating of 4, the home is move-in ready but offers clear modernization potential in the kitchen and baths. Located near top-rated schools like Solana Vista Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private, expansive estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15114 Paso Del Sol Subject | $4,164,000* List Price | 4 | 3 | 3,173 | $1,221 | - |
A 4955 Rancho Viejo Dr Sold | $3,665,000 | 5 | 4 | 3,079 | $1,190 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is well-maintained with recent cosmetic updates including new wood flooring and a new pool/spa. However, the kitchen and bathrooms (evidenced by the dated blue mosaic tile and cabinetry) appear to be over 20 years old and require modernization. While functional and move-in ready, the core wet areas do not meet the 'Good' or 'Excellent' criteria for recent renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 3173.
Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Set on a rare 1.25-acre usable lot in the prestigious Sun Valley enclave, this property offers exceptional privacy and significant potential for expansion, including space for a vineyard or a guest house.
Built in 1979, the home may require specialized maintenance or updates to original systems to align with the expectations of modern luxury buyers at this price point.
At a list price of over $4.1 million for a 1970s-era residence, the property represents a high price-per-square-foot investment that may limit the pool of competitive buyers.
WELCOME TO AN ADOBE STYLE MASTERPIECE in the prestigious Sun Valley enclave of Rancho Del Mar. Set on 1.25 usable acres, this rare property offers endless possibilities, including space for a vineyard, gardens, or future guest house. A long private driveway, mature fruit trees, lush landscaping, and a newly added pool and spa create a peaceful retreat surrounded by nature and privacy. Inside, the home features 4 spacious bedrooms, 2.5 baths, a charming country kitchen, and inviting living spaces designed for both everyday living and entertaining. The dining/living area includes a cozy wood-burning fireplace, while the formal living and entertaining area showcase vaulted ceilings, expansive windows, wood beams and stunning views of the pool, gardens, and natural surroundings. Newly imported wood flooring adds warmth and character throughout. The primary bedroom opens directly to the pool/patio, embracing Southern California’s most sought-after indoor-outdoor lifestyle. Additional highlights include paid solar, an oversized two-car garage, abundant wildlife, and a tranquil country setting just minutes from world-class beaches, shopping, dining, and top-rated schools. This is a rare opportunity to own an irreplaceable Adobe masterpiece in one of San Diego’s most desirable Sun Valley communities.
No exterior & parking available.
Grades K-3 • 1.4 mi
Grades K-6 • 1.8 mi
Grades PK-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,173 | 2,539 | 72% |
| Lot Size | 54,450 | 8,000 | 93% |
| Price | $4.16M | $3.74M | 60% |
| Price per sq ft | $1.3K | $1.4K | 46% |
| Built year | 1979 | 1985 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 92 | 16% |
May 29, 2026
$4,164,000
Initial Listing
Apr 30, 2019
$2,000,000
Public Record