5437 Caminito Bayo, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 3 bath
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La Jolla, California 92037
This Stunning Coastal Residence represents a High-Potential Investment Opportunity, listed at $2,399,000—positioned well below the $2,805,260 Fair Market Value by 14%. This valuation gap offers $406,260 in Instant Equity. Featuring a Good Condition Rating, the home boasts panoramic ocean views, a granite kitchen, and access to top-rated schools like Bird Rock Elementary. With its 2011 construction and 24-hour gated security, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium La Jolla lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5437 Caminito Bayo Subject | $2,399,000* List Price | 3 | 3 | 2,469 | $1,136 | - |
A 1567 Calle De Andluca Sold | $3,053,025 | 4 | 3 | 2,420 | $1,262 | 0.4 mi |
B 934 Candlelight Place Active | $2,649,000 List Price | 4 | 3 | 2,370 | $1,118 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011, this 15-year-old home is well-maintained and move-in ready. The kitchen features professional-grade appliances and granite countertops, while the bathrooms utilize high-end marble and travertine. Although the cabinetry and tile styles reflect the original build date, the overall condition is functional and requires no immediate maintenance, fitting the 10-20 year age bracket for a 'Good' rating.
Elementary School: Bird Rock Elementary School (10/10).
The property boasts rare, sweeping views of the Pacific Ocean, Mission Bay, SeaWorld, and the downtown San Diego skyline, providing significant aesthetic and investment value.
Built in 2011, this is one of the newer homes in the community; as a corner unit sharing only one wall, it offers three-sided natural light and the privacy of a detached residence.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3269, living area = 2469.
With a lot size of just 3,269 square feet for a 2,469 square foot home, the property offers very limited private yard space for gardening or outdoor recreation.
Despite its detached feel, the home is technically an attached residence with monthly HOA obligations and shared wall considerations, which may deter buyers seeking total autonomy.
Perched high on a coastal hill overlooking the Pacific Ocean, Mission Bay, SeaWorld, the Coronado Bridge, and downtown San Diego, 5437 Caminito Bayo is a uniquely positioned home in Emerald Cove. This rare corner home shares only one wall, delivering three-sided natural light and the privacy of a detached single family home. Built in 2011, 5437 Caminito Bayo is one of the newer constructed homes in the community. Soaring 18-foot vaulted ceilings, ivory porcelain tile throughout the main level, and Lauzon hard maple engineered wood upstairs. The kitchen opens to the family room with a peninsula breakfast bar, travertine subway tile backsplash with designer details over the cooktop, and European-style cabinetry in a medium-tone stain with glaze detail. Professional grade appliances. Ivory travertine fireplace with custom wood mantel. Ceiling-mounted premium speakers provide surround capabilities in the family room. Primary suite features vaulted ceilings, marble countertops, full marble floor and wall tile, built-in closet organizer, and a private glass railing balcony with sweeping views of the Pacific, Mission Bay, SeaWorld, the Coronado Bridge, and downtown San Diego exclusively from the primary suite. Full La Jolla Alta Club membership included: two pools, spa, sauna, tennis, gym, and clubhouse. Total HOA $380 per month. 24-hour gated community. Bird Rock Elementary 0.7 mi, Muirlands Middle 1.5 mi, La Jolla High 1.8 mi. All showings by private appointment only.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,469 | 2,778 | 42% |
| Lot Size | 3,269 | 7,548 | 26% |
| Price | $2.40M | $3.54M | 16% |
| Price per sq ft | $972 | $1.4K | 14% |
| Built year | 2011 | 1980 | 85% |
| HOA | $290.0 | $0 | 86% |
| Days on market | 30 | 142 | 10% |
May 7, 2026
$2,399,000
Initial Listing
Jan 27, 2012
$1,130,000
Public Record