533 Bonair Way, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 3 bath
Loading property details...
La Jolla, California 92037
This Coastal Dual-Living Residence is a Strong Value Opportunity, listed at $2,500,000—positioned well below the $2,749,877 Fair Market Value by 9%. This valuation gap provides $249,877 in Instant Equity. Featuring a Good Condition Rating, the property includes a main home plus a private guest unit, a resort-style pool and spa, and access to La Jolla Elementary (9/10). This versatile asset balances a premium coastal lifestyle with significant rental upside. It is an ideal acquisition for Owner-Occupants seeking supplemental income or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 Bonair Way Subject | $2,500,000* List Price | 4 | 3 | 1,753 | $1,569 | - |
A 438 Retaheim Way Sold | $2,400,000 | 3 | 2 | 1,518 | $1,581 | 0.3 mi |
B 616 Rushville Street Sold | $1,945,000 | 2 | 1 | 1,107 | $1,757 | 0.3 mi |
C 7005 Draper Ave Sold | $2,406,142 | 3 | 2 | 1,376 | $1,749 | 0.2 mi |
D 7339 Draper Avenue Sold | $2,535,000 | 3 | 3 | 2,032 | $1,248 | 0.5 mi |
E 7355 Fay Avenue Sold | $3,198,000 | 4 | 4 | 2,100 | $1,523 | 0.5 mi |
F 7303 Eads Ave Sold | $2,875,000 | 3 | 3 | 2,103 | $1,367 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates despite its 1980 build date. The kitchen features modern stainless steel appliances, quartz countertops, and updated subway tile backsplashes. Bathrooms have been refreshed with newer wall tiling and fixtures. The interior features consistent wood-style flooring and recessed lighting, while the exterior pool and spa area are well-maintained. While some cabinetry reflects an older style, the overall quality and lack of deferred maintenance align with a 'Good' rating.
Elementary School: La Jolla Elementary School (9/10).
Situated in the highly coveted Windansea enclave, the property offers immediate proximity to world-class beaches and the vibrant amenities of La Jolla Village.
The detached one-bedroom unit above the garage provides excellent versatility for rental income, multi-generational living, or a private guest suite.
At a $2.5M list price for 1,753 square feet, the property commands a high price point that may challenge buyers looking for more interior volume.
Built in 1980, the residence may require capital improvements or modern updates to align with the contemporary luxury standards of the surrounding neighborhood.
Prime coastal investment opportunity in the coveted Windansea enclave of La Jolla Ideally located just moments from the iconic Windansea Beach and the vibrant shops and restaurants of La Jolla Village, this versatile property offers a rare combination of lifestyle appeal and income potential. The main residence features three bedrooms and two baths, with light-filled interiors and a functional layout designed for comfortable coastal living. Complementing the home is a private one-bedroom, one-bath unit above the garage—ideal for rental income, guest accommodations, or extended stays. The outdoor setting enhances both livability and desirability, with a pool, spa, and lush landscaping creating a private, resort-like environment attractive to both occupants and tenants. With strong rental potential, a highly sought-after location, and flexible use options, this property presents an exceptional opportunity for investors, second-home buyers, or those seeking a primary residence with supplemental income in one of Southern California’s most desirable coastal communities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,753 | 2,706 | 16% |
| Lot Size | 5,087 | 7,218 | 35% |
| Price | $2.50M | $3.50M | 22% |
| Price per sq ft | $1.4K | $1.3K | 55% |
| Built year | 1980 | 1977 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 161 | 7% |
Apr 6, 2026
$2,500,000
Initial Listing
Apr 30, 2013
$1,160,000
Public Record
Jun 18, 2012
$770,000
Public Record