2815 Caminito Merion, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 3 bath

2815 Caminito Merion, La Jolla, California 92037 home-pic-0
ACTIVE$2,995,000
2815 Caminito Merion, La Jolla, California 92037
4Beds
3Baths
3,239Sqft
Lot

Price Vs. Estimate

The estimated value ($2,242,801.12) is $752,198.88 (25%) lower than the list price ($2,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exclusive Guard-Gated Community: The property is located within the guard-gated Windemere community, offering enhanced security and a sense of exclusivity.
Top Cons:
Significant Price Discrepancy: The listing price is 25% higher than the estimated property value, which could deter potential buyers and impact market competitiveness.

Compared to the nearby listings

Price:$3.00M vs avg $3.57M ($-573,500)36%
Size:3,239 sqft vs avg 2,738 sqft65%
Price/sqft:$925 vs avg $1.4K12%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this property has undergone significant customization and expansion, as evidenced by the high-end Gaggenau and Subzero kitchen appliances, custom wood ceiling, and specialized art lighting. While well-maintained and move-in ready, the visual style of the kitchen cabinetry, countertops, and bathroom vanities, along with some light fixtures and finishes (e.g., wallpaper in one bath), suggests that these renovations likely occurred 15-25 years ago rather than within the last 5-15 years. The property is functional but shows signs of being outdated in terms of current aesthetic trends, aligning with the 'Fair' condition criteria.
Year Built
1977
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$925
HOA
$515
Days on market
-
Sold On
-
MLS number
240028021SD
Home ConditionFair
Features
Spa
Patio
View-

About this home

Expanded and customized 3,239 square foot two-story impressive home in guard-gated Windemere with primary bedroom on the main level and two or three bedrooms on the second level. This home, unlike any you have seen in Windemere, has stone and carpet flooring, a handsome custom wood ceiling, a large living room and a dedicated dining room that can seat 14 people. There is a warm and inviting brick patio with lush plantings off the kitchen and family room, accessible through sliding glass doors. The kitchen has Gaggenau and Subzero appliances, a breakfast bar and breakfast table in the family room. There are skylights galore-in the grand entry and the primary bathroom. There are multiple art display cases with specialized lighting to highlight individual pieces. Upstairs you have the option of a large media room or two bedrooms, as there is a wall that accordions out of the cabinetry, creating separate rooms. The spacious primary bedroom has sliding glass doors out onto an in ground tiled spa. The garage is finished and abuts a small office to organize household affairs. Enjoy all the amenities that Windemere has to offer including 2 swimming pools, lighted pickleball/ tennis courts, a fitness room, racquetball court, manned security entrance, sauna, and clubhouse.

Condition Rating
Fair

Built in 1977, this property has undergone significant customization and expansion, as evidenced by the high-end Gaggenau and Subzero kitchen appliances, custom wood ceiling, and specialized art lighting. While well-maintained and move-in ready, the visual style of the kitchen cabinetry, countertops, and bathroom vanities, along with some light fixtures and finishes (e.g., wallpaper in one bath), suggests that these renovations likely occurred 15-25 years ago rather than within the last 5-15 years. The property is functional but shows signs of being outdated in terms of current aesthetic trends, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exclusive Guard-Gated Community: The property is located within the guard-gated Windemere community, offering enhanced security and a sense of exclusivity.
Extensive Community Amenities: Residents enjoy access to a wide array of resort-style amenities including 2 swimming pools, lighted pickleball/tennis courts, a fitness room, racquetball court, sauna, and clubhouse.
Highly Customized & Unique Interior: The home features extensive customization, including a handsome custom wood ceiling, specialized art display cases with lighting, and a flexible upstairs media room/bedroom configuration with an accordion wall, making it distinct within the subdivision.
Gourmet Kitchen with Premium Appliances: The kitchen is outfitted with high-end Gaggenau and Subzero appliances, appealing to discerning buyers and culinary enthusiasts.
Luxurious Primary Suite with Private Spa: The spacious primary bedroom on the main level includes sliding glass doors leading to a private in-ground tiled spa, offering a luxurious and private retreat.

Cons

Significant Price Discrepancy: The listing price is 25% higher than the estimated property value, which could deter potential buyers and impact market competitiveness.
Property Age & Potential for Outdated Systems: Built in 1977, despite customizations, the underlying infrastructure (e.g., plumbing, electrical, HVAC) may be original and could require future updates or present maintenance concerns.
High Monthly Association Fees: A monthly association fee of $515 adds a significant recurring cost to homeownership, which may be a consideration for budget-conscious buyers.

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