
Del Mar, California 92014
This Dual-Residence Coastal Property represents a Strong Value Opportunity, listed at $3,995,000—positioned well below the $4,475,514 Fair Market Value by 10%. This valuation gap provides $480,514 in Instant Equity. Featuring an Excellent Condition Rating with recent high-end renovations, the home offers unobstructed lagoon views and rare dual-residence versatility. Located near top-rated schools like Pacific Trails Middle (10/10), this is an ideal acquisition for Owner-Occupants seeking multi-generational living or Buy-and-Hold Investors targeting premium coastal assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1604 6 San Dieguito Dr Subject | $3,995,000* List Price | 4 | 4 | 2,185 | $2,048 | - |
A 1407 Ocean Ave Sold | $4,300,000 | 3 | 4 | 2,117 | $2,031 | 0.7 mi |
B 2254 Del Mar Heights Rd Active | $3,750,000 List Price | 3 | 3 | 2,356 | $1,592 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, the property has undergone a high-end, comprehensive renovation within the last 5 years. Interior images show modern bathrooms with contemporary tiling and fixtures, updated flooring, and designer lighting. The exterior features pristine siding and professional hardscaping, indicating mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23664, living area = 2185.
Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
The property is situated on a premier 0.54-acre corner lot offering rare, panoramic views of the lagoon, providing a serene and high-value coastal atmosphere.
With a list price of nearly $4 million for approximately 2,185 square feet, the property commands a very high price point relative to the existing interior living space.
Built in 1968, the residences likely require substantial modern updates or renovations to align with contemporary luxury standards and buyer expectations in this price bracket.
Beautifully positioned on a premier 0.54-acre corner lot with unobstructed lagoon views, this exceptional Del Mar property offers an unparalleled blend of privacy, versatility, and effortless coastal living. Featuring two thoughtfully designed residences with individual addresses and a combined four bedrooms and four bathrooms, the homes offer a level of flexibility rarely found. Nestled in one of Del Mar's most sought-after and seldom-available settings, this peaceful retreat is just moments from the heart of Del Mar, the beach, and the iconic Del Mar Racetrack, embodying one of Southern California's most coveted coastal lifestyles.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,185 | 2,932.5 |
| Lot Size | 23,664 | 8,150 |
| Price | $4.00M | $3.84M |
| Price per sq ft | $1.8K | $1.5K |
| Built year | 1968 | 1998 |
| HOA | $0 | $554 |
| Days on market | 17 | 65 |
Jul 6, 2026
$3,995,000
Initial Listing
Oct 14, 2010
$725,000
Public Record