
La Jolla, California 92037
This property presents a High-Potential Investment Opportunity with a List Price of $3,599,000—positioned slightly above the $3,578,522 Fair Market Value. While the home carries a Condition Rating of 5, its 11,039 sqft lot and Panoramic Ocean Views offer significant upside for a luxury renovation. Located in the prestigious Muirlands neighborhood near Top-Rated Schools like La Jolla Elementary, this asset provides a rare canvas for a world-class coastal estate. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1703 Castellana Rd Subject | $3,599,000* List Price | 5 | 3 | 2,320 | $1,578 | - |
A 1381 W Muirlands Drive Sold | $2,700,000 | 3 | 3 | 1,710 | $1,579 | 0.8 mi |
B 7951 Paseo Del Ocaso Sold | $3,200,000 | 3 | 3 | 1,799 | $1,779 | 0.6 mi |
C 8217 La Jolla Shores Drive Sold | $4,046,500 | 4 | 2 | 2,394 | $1,690 | 0.9 mi |
D 1406 La Jolla Knoll Active | $4,000,000 List Price | 4 | 4 | 3,054 | $1,310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958, the home is over 65 years old and retains a highly dated interior. The kitchen features 40+ year old cabinetry with scalloped wood trim and aged appliances, while the flooring and fixtures show significant wear. The listing's emphasis on 'reimagining' the property suggests that major systems and finishes require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11039, living area = 2320.
Elementary School: La Jolla Elementary School (9/10).
The property offers breathtaking, unobstructed vistas of the Pacific Ocean, Torrey Pines Golf Course, and the La Jolla coastline from multiple vantage points and expansive decks.
Built in 1958, the home likely requires significant capital investment for renovations or a complete rebuild to meet the expectations of modern luxury buyers.
At a list price of nearly $3.6M for 2,320 square feet, the property commands a high premium for its view and location, which may be a hurdle for those seeking a turnkey residence.
Perched above La Jolla’s iconic coastline, 1703 Castellana Road presents a rare opportunity to own a panoramic view property overlooking the Pacific Ocean, Torrey Pines Golf Course, Blacks Beach, and the surrounding coastal landscape. Situated on an approximately quarter-acre lot in one of La Jolla’s most desirable neighborhoods, this 5-bedroom, 3-bath residence offers approximately 2,300 square feet of living space and an extraordinary backdrop from sunrise to sunset. Expansive windows and outdoor living areas capture sweeping vistas that stretch across the coastline, creating an exceptional setting for everyday living and entertaining alike. The home’s functional floor plan provides generous living spaces, comfortable bedrooms, and seamless indoor-outdoor flow designed to maximize enjoyment of the remarkable views. Whether a buyer chooses to enjoy the home in its current condition or reimagine the property to reflect a modern coastal vision, the possibilities are compelling. Opportunities to acquire a view property with this combination of location, lot size, and panoramic outlook are increasingly rare. Ideally located near world-class beaches, hiking trails, dining, shopping, golf, and all that La Jolla has to offer, 1703 Castellana Road represents a unique chance to create lasting value in one of Southern California’s premier coastal communities Perched high above the coastline in La Jolla’s coveted Muirlands neighborhood, this exceptional residence captures breathtaking panoramic views spanning the Pacific Ocean, whitewater coastline, and the dramatic cliffs of La Jolla and Torrey Pines. Set on an expansive lot, the home offers approximately 2,320 square feet with five bedrooms and three bathrooms, creating an ideal balance of comfort, flexibility, and future potential. Walls of glass frame the spectacular ocean vistas throughout the main living spaces, while an expansive view deck invites seamless indoor-outdoor living and unforgettable sunset gatherings. The spacious living room showcases a striking fireplace and sweeping coastline views that serve as a stunning backdrop to everyday life. The functional floor plan provides generous living areas, abundant natural light, and multiple spaces for family, guests, remote work, or multigenerational living. The kitchen, breakfast area, and several bedrooms enjoy captivating ocean outlooks, creating a constant connection to the coastal setting. Move in and enjoy today, enhance over time, or reimagine the property into a world-class coastal estate. Opportunities to acquire a view property of this caliber in the Muirlands are increasingly rare. Ideally located near La Jolla’s renowned beaches, Village dining and shopping, top-rated schools, and world-class golf, this is Southern California coastal living at its finest.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,320 | 2,834 |
| Lot Size | 11,039 | 16,094 |
| Price | $3.60M | $3.68M |
| Price per sq ft | $1.6K | $1.4K |
| Built year | 1958 | 1980 |
| HOA | $0 | $562 |
| Days on market | 35 | 60 |
Jun 17, 2026
$3,599,000
Initial Listing
May 16, 2022
$3,000,000
Public Record