
La Jolla, California 92037
This Mediterranean Contemporary Residence is a Strong Value Opportunity, listed at $7,250,000—positioned well below the $7,672,376 Fair Market Value by 5%. This valuation gap offers $422,376 in Instant Equity. Featuring a 1,026 sqft finished basement, panoramic ocean views, and a pool/spa, the home maintains a Condition Rating of 4. Located near the 9/10 rated Torrey Pines Elementary, this property is an ideal acquisition for Owner-Occupants seeking a coastal lifestyle or discerning investors prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2320 Camino Del Collado Subject | $7,250,000* List Price | 3 | 4 | 3,160 | $2,428 | - |
A 8314 Paseo Del Ocaso Active | $8,100,000 List Price | 3 | 4 | 3,555 | $2,278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is over 30 years old. While it is in immaculate condition and features high-end system updates like solar and an EV charger, the interior aesthetic—specifically the Saltillo tile flooring and the kitchen's white cabinetry and blue tile backsplash—is dated and reflects its original construction era. It is move-in ready but fits the 'Fair' criteria as it would require cosmetic updates to meet modern luxury standards.
Elementary School: Torrey Pines Elementary School (9/10).
Situated on a quiet cul-de-sac just steps from La Jolla Shores Beach, this property offers an elite walkable lifestyle near world-class dining, boutique shopping, and UCSD.
The home includes a 1,026-square-foot finished basement, a highly unique and valuable feature for the La Jolla area that significantly increases the functional square footage.
At a $7.25 million price point, the three-bedroom configuration may be a constraint for larger families or buyers seeking more dedicated guest accommodations.
While architecturally significant, the 1993 Mediterranean styling and Saltillo tile may require cosmetic modernization to appeal to buyers seeking a more contemporary luxury aesthetic.
Sand in your toes in less than five minutes! World-famous La Jolla Shores Beach is just steps away! Featured on the cover of San Diego Home & Garden when it was built, this three bedroom, four bath, two story warm Mediterranean contemporary residence is just what you have been looking for. Rare for La Jolla, this home has an extra large finished basement of approximately 1026 square feet. Located on a quiet cul-de-sac in La Jolla Shores, this sun-filled estate is walking distance to beautiful beaches, shops, fine dining and Torrey Pines Mesa, the epicenter of San Diego's multi-billion dollar biotech and medical research ecosystem. You know from the moment you enter the front door and gaze through to the lushly landscaped private front and back yard with pool and spa, that seasoned architect, J. David Hawkins AIA, thought through every detail in this masterpiece. Enjoy sunlight filled intimate family moments as well as flexible spaces that can accommodate small and large gatherings. There are two bedrooms on the main level. The second story features magnificent ocean views and is devoted exclusively to the master suite, a second living room or office/study, with large outdoor terraces filled with panoramic ocean views. The custom designed chef’s kitchen with a spacious center island is a gathering spot for family and features a Gaggenau oven, Wolf cooktop in an island that will become your go-to breakfast spot. 150 windows flood this warm home with natural light. Additionally, there is a wine cellar for 250 bottles. Other features include solar, an oversized 2+ car garage with plenty of built-in shelving and an additional Sub-Zero refrigerator, EV charger ready, security system, a wired surround sound with speakers in the living room and master bedroom, and a rooftop deck for entertaining with incredible ocean views. Enjoy sunlight filled two story ceilings accented by stunning custom Douglas fir beams and Saltillo tile. Ideal as a primary or second home, we invite you to come see for yourself.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,160 | 2,834 |
| Lot Size | 7,322 | 16,094 |
| Price | $7.25M | $3.68M |
| Price per sq ft | $2.3K | $1.4K |
| Built year | 1993 | 1980 |
| HOA | $0 | $562 |
| Days on market | 22 | 60 |
Jun 30, 2026
$7,250,000
Initial Listing
Dec 31, 2013
$3,543,500
Public Record