
Del Mar, California 92014
This Architecturally Significant Legacy Estate is a Strong Value Opportunity, listed at $7,899,000—positioned well below the $7,911,950 Fair Market Value by 0.16%. Featuring a 3,402 sqft layout on an expansive 16,700 sqft lot, the property offers Panoramic Ocean Views and a Well-Maintained Condition Rating. With proximity to Top-Rated Schools like Pacific Trails Middle (10/10), this residence provides a rare blend of coastal prestige and long-term stability. It is an ideal acquisition for Luxury Homeowners or Legacy Estate Investors seeking a unique, high-potential coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 280 Torrey Pines Terrace Subject 4 bd · 4 ba · 3,402 sqft · $2,326 | $7,899,000* List Price | 4 | 4 | 3,402 | $2,326 | - |
A 327 Pine Needles Dr Sold 3 bd · 4 ba · 3,475 sqft · $1,957 · 0.1 mi | $6,800,000 | 3 | 4 | 3,475 | $1,957 | 0.1 mi |
B 354 Ocean View Ave Sold 4 bd · 5 ba · 3,709 sqft · $2,453 · 0.1 mi | $9,100,000 | 4 | 5 | 3,709 | $2,453 | 0.1 mi |
C 367 Pine Needles Dr Active 3 bd · 3 ba · 2,680 sqft · $2,201 · 0.1 mi | $5,900,000 List Price | 3 | 3 | 2,680 | $2,201 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2000, making it 24 years old, but it has been well-maintained and features a high-end renovated kitchen with a Wolf range, modern flat-panel cabinetry, and updated quartz countertops. The interior shows modern flooring and recessed lighting, and the exterior decks feature updated glass railings, fitting the criteria for a well-maintained, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16700, living area = 3402.
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 features rare dual-aspect views spanning from Torrey Pines and La Jolla to the Channel Islands, providing an exceptional coastal backdrop from both the front and rear of the home.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The marketing focus on 'endless potential' and 'reimagining' suggests the current structure may require significant capital expenditure to modernize or fully realize the land's value.
The unique prototype construction and premium price point target a very specific buyer pool, which may result in a longer sales cycle compared to more conventional luxury listings.
Among the most exceptional offerings in Old Del Mar, this remarkable property presents a rare combination of panoramic ocean views, architectural significance, privacy, and endless potential, all set on an exceptionally large parcel in one of Southern California's most coveted coastal neighborhoods. Originally commissioned in the 1950s by U.S. Steel as a prototype home with the assistance of architect John Lloyd Wright, the residence reflects subtle Mid-Century influences, abundant natural light, and a seamless connection to its extraordinary setting. Sweeping ocean views unfold from both the front and rear of the home, spanning from Torrey Pines State Beach and La Jolla to the south, north to the Channel Islands, creating an ever-changing coastal backdrop from sunrise to sunset. Walls of glass, generous living spaces, and an effortless indoor-outdoor flow embrace Southern California's year-round lifestyle, while the expansive grounds provide a remarkable sense of privacy just moments from the village, world-class beaches, restaurants, and scenic coastal trails. Whether enjoyed in its current form or thoughtfully reimagined, the property presents an extraordinary opportunity to create a legacy estate. Defined by its oversized parcel, architectural pedigree, breathtaking ocean views, and coveted Old Del Mar location, this is a once-in-a-generation offering that is as timeless as it is rare.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.0 mi
Grades 7-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 4.2 |
| Square foot | 3,402 | 3,064.357 |
| Lot Size | 16,700 | 9,286.762 |
| Price | $7.90M | $4.21M |
| Price per sq ft | $2.3K | $1.4K |
| Built year | 2000 | 1991 |
| HOA | $0 | $600 |
| Days on market | 65 | 49 |
Aug 21, 2026
$7,899,000
Initial Listing
Mar 15, 2024
$6,550,000
Public Record
Aug 3, 2005
$3,315,000
Public Record