367 Pine Needles Dr, Del Mar, California 92014, Del Mar, 92014 - 3 bed, 3 bath
Loading property details...
367 Pine Needles Dr
Del Mar, California 92014
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,680Sq Ft
14,900Lot Size
Property Price
LIST PRICE$5,900,000
EST. MARKET VALUE
$5,379,451
9% AboveMARKET VALUE
SUMMARY
This Architectural Mid-Century Sanctuary is a Strong Value Opportunity, listed at $5,900,000—positioned above the $5,379,452 Fair Market Value. While priced at a premium, the property offers rare architectural pedigree by Hanis Therkelsen and a Condition Rating of 4, providing a canvas for modernization. Located in the prestigious Olde Del Mar area, it features spectacular ocean views, a 1000-bottle wine cellar, and access to top-rated schools like Pacific Trails Middle. This is an ideal acquisition for Luxury Homeowners or Design-Conscious Buyers seeking a coastal legacy estate.
Estimated Market Value
$5,379,451
Based on Realkey algorithm analyzing recent comparable sales in Del Mar.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 367 Pine Needles Dr Subject | $5,900,000* List Price | 3 | 3 | 2,680 | $2,007 | - |
A 262 Ocean View Sold | $6,925,000 | 4 | 4 | 2,817 | $2,458 | 0.1 mi |
B 327 Pine Needles Dr Sold | $6,800,000 | 3 | 4 | 3,475 | $1,957 | 0.0 mi |
C 126 7th St Sold | $4,300,000 | 3 | 3 | 2,239 | $1,921 | 0.6 mi |
D 750 Stratford Ct Sold | $6,250,000 | 3 | 4 | 2,577 | $2,425 | 0.7 mi |
E 280 Torrey Pines Terrace Active | $7,499,000 List Price | 4 | 4 | 3,402 | $2,204 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1994 (30 years old) with no evidence of recent major renovations. While the home is well-maintained and features high-end appliances, the kitchen cabinetry and bathrooms (specifically the glass block walls and gold-tone fixtures) are dated and reflect the original construction era, fitting the criteria for a property over 20 years old needing updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14900, living area = 2680.
- Great Schools
Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
- Architectural Pedigree & Location
Situated in the coveted south end of Olde Del Mar, this mid-century modern home designed by Hanis Therkelsen offers rare architectural significance in a premier coastal location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14900, other record lot size in square feet = 14700.
- High Price Per Square Foot
At a list price of $5.9 million for 2,680 square feet, the property commands a significant premium that may challenge appraisal values compared to larger area estates.
- Limited Bedroom Count
With only three bedrooms, the home may have limited appeal for larger families or buyers seeking more versatile space at this luxury price point.
About 367 Pine Needles Dr
Coveted south end of Olde Del Mar. Originally designed by famed architect Hanis Therkelsen, this striking mid-century modern home is nestled among the pines with spectacular ocean views! Exceptionally private and serene....your own sanctuary. Home features an organic flow/open floor plan designed for entertaining. The warm, inviting interior and dramatic floor to ceiling windows flood the space with natural light. High end custom interior finishes and approximate 1000 bottle climate controlled wine cellar. Ideal for both relaxed coastal living and effortless entertaining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 14,900 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Del Mar Unified Schools
Del Mar Heights Elementary School
Grades K-6 • 0.5 mi
9/10
Del Mar Hills Elementary School
Grades K-6 • 1.0 mi
9/10
Earl Warren Middle School
Grades 7-8 • 3.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 4.2 |
| Square foot | 2,680 | 3,056.447 |
| Lot Size | 14,900 | 9,543.263 |
| Price | $5.90M | $3.97M |
| Price per sq ft | $2.2K | $1.5K |
| Built year | 1994 | 1990 |
| HOA | $0 | $600 |
| Days on market | 28 | 45 |
Pricing History
Listed for Sale
Aug 12, 2026
$5,900,000
Initial Listing