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503 Rosemont St, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 1 bath

503 Rosemont St, La Jolla, California 92037 home-pic-0
ACTIVE$2,500,000
503 Rosemont St, La Jolla, California 92037
2Beds
1Bath
982Sqft
3,298Lot

Price Vs. Estimate

The estimated value ($2,445,166.21) is $54,833.79 (2%) lower than the list price ($2,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Top Cons:
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those desiring more private spaces, especially given the premium location.

Compared to the nearby listings

Price:$2.50M vs avg $3.57M ($-1,068,500)23%
Size:982 sqft vs avg 2,711 sqft3%
Price/sqft:$2.5K vs avg $1.4K95%

More Insights

Built in 1940 (85 years old).
Condition: Despite being built in 1940, the property has been extensively and beautifully remodeled with designer finishes, presenting a 'turnkey' and 'move-in ready' condition. The kitchen features modern white shaker cabinets, light countertops, white subway tile backsplash, and stainless steel appliances, all appearing new. Hardwood floors are consistent throughout the living areas and bedrooms, and light fixtures are contemporary. The overall aesthetic and stated renovations align with a property extensively renovated within the last 5 years, meeting current quality standards with virtually new components and no deferred maintenance.
Year Built
1940
Close
-
List price
$2.5M
Original List price
$2.65M
Price/Sqft
$2,546
HOA
-
Days on market
-
Sold On
-
MLS number
250039136SD
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Enchanting Single-Level Coastal Cottage in Prime Beach-Barber Tract! Just three blocks from the iconic sands of Windansea Beach, this light, bright, and beautifully remodeled home is the perfect blend of coastal charm and modern comfort. Nestled in one of La Jolla’s coveted neighborhoods, this turnkey 2-bedroom, 1-bath gem offers a serene retreat with an unbeatable walkable lifestyle. Extensively remodeled with designer finishes and freshly painted inside and out, the home exudes pride of ownership. Both bedrooms are generously oversized, ideal for rest, work, or relaxation. Additional 250esf finished attic with easy retractable ladder access provides valuable bonus space for storage or creative use. The spacious yard invites outdoor living, the patio is perfect for al fresco dining and entertaining. A one-car garage offers secure parking, additional storage, or potential ADU expansion (R-2 zoned). Architectural plans available for expansion to 2 story beauty with ocean views from the second level. Just minutes from La Jolla’s charming village, farmer’s market, world-class beaches, shops, galleries, and renowned dining. This is a rare opportunity to own a slice of coastal paradise! "When viewing on a mobile device, scroll down to 'Property Facts and Features' and tap 'Show More' to access the stunning aerial video under the 'Virtual Tour' link."

Nearby schools

9/10
La Jolla Elementary School
Public,•K-5•0.8mi
8/10
Muirlands Middle School
Public,•6-8•0.4mi
8/10
La Jolla High School
Public,•9-12•0.4mi
Condition Rating
Excellent
Despite being built in 1940, the property has been extensively and beautifully remodeled with designer finishes, presenting a 'turnkey' and 'move-in ready' condition. The kitchen features modern white shaker cabinets, light countertops, white subway tile backsplash, and stainless steel appliances, all appearing new. Hardwood floors are consistent throughout the living areas and bedrooms, and light fixtures are contemporary. The overall aesthetic and stated renovations align with a property extensively renovated within the last 5 years, meeting current quality standards with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: La Jolla Elementary School (9/10).
Exceptional Coastal Location: Situated in the prime Beach-Barber Tract, just three blocks from Windansea Beach, offering an unparalleled walkable lifestyle to La Jolla village, shops, and dining.
Turnkey & Remodeled Interior: The home has been extensively and beautifully remodeled with designer finishes, presenting a light, bright, and move-in-ready condition.
Significant Expansion Potential: R-2 zoning allows for potential ADU expansion, and architectural plans are available for a second-story addition that could yield ocean views.
Desirable Outdoor Living: Features a spacious yard and patio, ideal for al fresco dining and entertaining, enhancing the coastal lifestyle.
Access to Top-Rated Schools: Located within close proximity to highly-rated public schools including La Jolla Elementary, Muirlands Middle, and La Jolla High.

Cons

Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those desiring more private spaces, especially given the premium location.
Compact Interior Square Footage: At 982 sqft, the interior living space is relatively small for the La Jolla market, potentially limiting comfort and functionality for some buyers.
History of Price Reductions: Multiple price adjustments since its initial listing may suggest the property was initially overpriced or is facing market resistance, potentially impacting perceived value.

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