3013 Woodford Dr, La Jolla, California 92037, La Jolla, 92037 - 5 bed, 7 bath
ACTIVE$6,750,000
3013 Woodford Dr, La Jolla, California 92037
5Beds
7Baths
6,208Sqft
40,075Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Development Potential: The property is explicitly marketed as a 'Developer’s Dream' with 'entitled square footage,' allowing buyers to 'skip months of permitting' and accelerate construction of a custom estate.
Top Cons:
Existing Home Condition & Value: The description clearly states, 'This is about the site, not the house—the existing home is simply a time-saving advantage,' indicating the current 1981-built structure likely holds minimal value and will require demolition or extensive renovation, adding substantial cost to the project.
Compared to the nearby listings
Price:$6.75M vs avg $3.59M (+$3,160,000)86%
Size:6,208 sqft vs avg 2,738 sqft92%
Price/sqft:$1.1K vs avg $1.4K21%
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this property is explicitly marketed as a 'Developer’s Dream' where 'This is about the site, not the house—the existing home is simply a time-saving advantage.' The images confirm this, showing a very dated kitchen with no visible appliances, bathrooms that are partially stripped or feature outdated fixtures and finishes, and multiple rooms with unfinished concrete subfloors, indicating a need for complete renovation or demolition. The property's value is clearly in the land and its development potential, aligning with the 'tear-down' classification.
Year Built
1981
Close
-
List price
$6.75M
Original List price
$7.75M
Price/Sqft
$1,087
HOA
-
Days on market
-
Sold On
-
MLS number
250022438SD
Home ConditionTear down
Features
Excellent View: Mountain(s), Panoramic
Pool
Spa
Patio
ViewMountain(s), Panoramic
About this home
Developer’s Dream! Rare 1-acre elevated parcel with entitled square footage—skip months of permitting and start building your vision now. Lush, mature landscaping, pool, tennis court, hardscape, and utilities already in place. This is about the site, not the house—the existing home is simply a time-saving advantage. Create a signature estate on a prime lot with privacy, views, and unmatched development potential.
Nearby schools
9/10
Torrey Pines Elementary School
Public,•K-5•0.8mi
8/10
Muirlands Middle School
Public,•6-8•2.1mi
8/10
La Jolla High School
Public,•9-12•2.2mi
Condition Rating
Tear down
Built in 1981, this property is explicitly marketed as a 'Developer’s Dream' where 'This is about the site, not the house—the existing home is simply a time-saving advantage.' The images confirm this, showing a very dated kitchen with no visible appliances, bathrooms that are partially stripped or feature outdated fixtures and finishes, and multiple rooms with unfinished concrete subfloors, indicating a need for complete renovation or demolition. The property's value is clearly in the land and its development potential, aligning with the 'tear-down' classification.
Pros & Cons
Pros
Exceptional Development Potential: The property is explicitly marketed as a 'Developer’s Dream' with 'entitled square footage,' allowing buyers to 'skip months of permitting' and accelerate construction of a custom estate.
Prime La Jolla Location & Large Lot: A rare 1-acre (40,075 sqft) elevated parcel in the prestigious La Jolla subdivision offers exclusivity, privacy, and inherent value in a highly desirable area.
Existing Infrastructure & Amenities: The presence of 'lush, mature landscaping, pool, tennis court, hardscape, and utilities already in place' provides a significant head start and cost savings for future development.
Panoramic Views: The elevated position offers desirable 'Panoramic' and 'Mountain(s)' views, which are highly sought after in the luxury market and will enhance the value of a new build.
Reduced Development Timeline: The pre-approved entitlements and existing site improvements significantly reduce the typical time and complexity associated with obtaining permits and preparing a raw lot for construction.
Cons
Existing Home Condition & Value: The description clearly states, 'This is about the site, not the house—the existing home is simply a time-saving advantage,' indicating the current 1981-built structure likely holds minimal value and will require demolition or extensive renovation, adding substantial cost to the project.
Niche Buyer Pool: Positioned as a 'Developer’s Dream,' the property appeals to a very specific segment of the market (developers or ultra-luxury custom home builders), which may limit the number of potential buyers compared to a move-in ready luxury home.
Significant Additional Investment Required: Beyond the substantial purchase price, the buyer must be prepared for a significant additional investment in construction costs to build a new signature estate, as the current structure is not intended for long-term use.