5602 Ladybird Lane, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 2 bath

5602 Ladybird Lane, La Jolla, California 92037 home-pic-0
ACTIVE$2,695,000
5602 Ladybird Lane, La Jolla, California 92037
3Beds
2Baths
1,809Sqft
6,200Lot

Price Vs. Estimate

The estimated value ($2,300,446.99) is $394,553.01 (14%) lower than the list price ($2,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Top Cons:
Potential Overpricing: The current list price of $2,695,000 is significantly higher than the estimated property value of $2,300,446, suggesting it may be overpriced relative to market estimations.

Compared to the nearby listings

Price:$2.69M vs avg $3.57M ($-873,500)26%
Size:1,809 sqft vs avg 2,711 sqft13%
Price/sqft:$1.5K vs avg $1.4K63%

More Insights

Built in 1958 (67 years old).
Condition: Built in 1958, the property is well-maintained with an 'open concept kitchen' and 'central AC,' indicating some updates. However, without specific dates for these renovations or interior images, and considering the 'Original Construction Era' noted as a weakness, it's likely that some elements show signs of being outdated, fitting the 'Fair' category. It is move-in ready but may require minor updates to meet modern aesthetic standards.
Year Built
1958
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
$1,490
HOA
-
Days on market
-
Sold On
-
MLS number
250024134SD
Home ConditionFair
Features
Excellent View: Ocean, Water
ViewOcean, Water

About this home

Delightful and low-maintenance single-level home with dazzling ocean views in the serene La Jolla Mesa neighborhood located on the sunny side of Mount Soledad! Situated on a corner lot, this home enjoys excellent sunlight, ocean breezes, and ocean and coastline views from throughout most of the property. An open concept kitchen with a gorgeous living room with fireplace, 3 bedrooms, 2 full bathrooms, central AC, and an attached 2-car garage create a simple and great feeling floor plan. Outdoor spaces are well manicured with little to maintain including a paver driveway. This home is a true joy in a fantastic location that is convenient to all that La Jolla and nearby Pacific Beach have to offer!

Nearby schools

10/10
Bird Rock Elementary School
Public,K-50.5mi
9/10
La Jolla Elementary School
Public,K-51.7mi
8/10
Muirlands Middle School
Public,6-81.2mi
8/10
La Jolla High School
Public,9-121.3mi
Condition Rating
Fair

Built in 1958, the property is well-maintained with an 'open concept kitchen' and 'central AC,' indicating some updates. However, without specific dates for these renovations or interior images, and considering the 'Original Construction Era' noted as a weakness, it's likely that some elements show signs of being outdated, fitting the 'Fair' category. It is move-in ready but may require minor updates to meet modern aesthetic standards.
Pros & Cons

Pros

Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Dazzling Ocean Views: The property offers dazzling ocean and coastline views from throughout most of the property, a highly desirable feature in La Jolla.
Prime La Jolla Location: Situated in the serene La Jolla Mesa neighborhood on the sunny side of Mount Soledad, offering convenience to La Jolla and Pacific Beach amenities.
Single-Level & Low-Maintenance: A delightful single-level home with well-manicured outdoor spaces and a paver driveway, designed for ease of living and minimal upkeep.
Functional Floor Plan & Comfort: Features an open concept kitchen, a gorgeous living room with a fireplace, 3 bedrooms, 2 bathrooms, central AC, and an attached 2-car garage.
Corner Lot with Natural Elements: Located on a corner lot, benefiting from excellent sunlight and refreshing ocean breezes, enhancing the living environment.

Cons

Potential Overpricing: The current list price of $2,695,000 is significantly higher than the estimated property value of $2,300,446, suggesting it may be overpriced relative to market estimations.
Original Construction Era: Built in 1958, the property's age may imply older systems or design elements that could require future updates to meet modern luxury standards, despite some mentioned interior features.
Lack of Premium Amenities: Unlike some comparable properties in the area, this home does not mention high-end amenities such as a pool, spa, or owned solar panels, which could be a competitive disadvantage at this price point.

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