
La Jolla, California 92037
COASTAL RARITY WITH EXTRAORDINARY POTENTIAL IN PRESTIGIOUS LA JOLLA SHORES. Experience an exceptional opportunity to create a true coastal masterpiece on a rare, approximately ½-acre flat lot in highly desirable La Jolla Shores. Offering a spectacular ocean view & an enviable location minutes from the beach, restaurants, shopping, & all that La Jolla has to offer, this property presents an extraordinary canvas for your single level dream home. The current 3,142-sq. ft. custom estate with plans for 4500 sq. ft. home, plus casita, pool, & outdoor shower creating luxurious living. Could have room for added ADU, a private office, or additional living space? Approved home & casita/pool plans will convey with the sale, allowing the next owner to move forward with an already envisioned design rather than starting from scratch. Imagine waking each morning to expansive ocean views and abundant natural light streaming through large picture windows. The home is thoughtfully positioned to embrace the coastal views, with indoor and outdoor spaces designed for relaxed Southern California living. Outdoor entertaining is equally inviting, with Trex decking, spa, & fire pit creating the perfect setting to unwind, entertain friends, or simply sit back & enjoy the ocean views & coastal atmosphere. Currently, the property includes a detached art studio and two additional storage structures, offering a glimpse of the possibilities that await. This is more than a property—it's an opportunity to create a distinctive costal retreat with your vision and finishes. Expecting approval by NOV. Proposed home based on plans currently submitted for permit approval. Buyer to verify all plans, dimensions, square footage, permits, and proposed improvements with the appropriate government agencies. Permits pending with estimated date for approval on November 2026.
Property is land value only, full reconstruction required.
Built in 1961 (>50 years old) with no noted renovations, this property is being sold primarily for its land value and coastal location. The listing explicitly focuses on the extraordinary potential to build a new custom estate, conveying approved plans for a 4,800 sq. ft. home, indicating the existing structure is a tear-down candidate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 127148, living area = 3142.
Elementary School: Torrey Pines Elementary School (9/10).
Situated in the prestigious La Jolla Shores, this property offers rare panoramic ocean views and is just minutes from world-class beaches, dining, and shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =127148, other record lot size in square feet = 20736.
With permits currently pending and an estimated approval date of November 2026, buyers face a significant waiting period before major construction can commence.
As a development-focused listing, the purchase price is just the starting point, requiring substantial capital for the construction of the proposed 4,800 sq. ft. home and amenities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.1 |
| Baths | 3.0 | 3.7 |
| Square foot | 3,142 | 2,784.514 |
| Lot Size | 127,148 | 12,220.286 |
| Price | $4.64M | $3.49M |
| Price per sq ft | $1.5K | $1.2K |
| Built year | 1961 | 1981 |
| HOA | $0 | $515 |
| Days on market | 36 | 58 |
Sep 19, 2026
$4,640,000
Initial Listing
Aug 18, 2025
$3,500,000
Public Record