5717 Baja Mar, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 7 bath
ACTIVE$7,999,995
5717 Baja Mar, La Jolla, California 92037
4Beds
7Baths
6,334Sqft
14,968Lot
Price Vs. Estimate
The estimated value ($6,201,042.07) is $1,798,952.93 (22%) lower than the list price ($7,999,995). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Views: The property offers breathtaking panoramic whitewater ocean views, bay and city vistas, and even firework shows, providing an exceptional visual experience.
Top Cons:
Potential for Modernization Costs: Built in 1981 and owned for over 30 years, the property may require significant investment for interior modernization and upgrades to meet current luxury buyer expectations.
Compared to the nearby listings
Price:$8.00M vs avg $3.59M (+$4,409,995)90%
Size:6,334 sqft vs avg 2,738 sqft92%
Price/sqft:$1.3K vs avg $1.4K39%
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this property has been lovingly cared for but shows significant signs of being outdated, aligning with the 'Fair' condition criteria. The kitchen appears to have had an update, likely 15-25 years ago, with wood cabinets, granite countertops, and stainless steel appliances that are functional but not contemporary in style. Other interior spaces, such as the living and dining areas, feature older carpeting, dated window treatments, and mirrored walls, indicating a need for modernization. While the exterior, pool, and solar panels are well-maintained, the interior requires minor to moderate updates to meet current aesthetic standards and buyer expectations, as also noted in the property analysis's 'Potential for Modernization Costs' and 'Lack of Specific Interior Updates' weaknesses.
Year Built
1981
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,263
HOA
-
Days on market
-
Sold On
-
MLS number
250021887SD
Home ConditionFair
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
First time on the market in over 30 years! This lovingly cared-for home boasts panoramic whitewater ocean views, bay and city vistas, and dazzling firework shows. Nestled in a quiet cul-de-sac in La Jolla, this property offers an incredible opportunity to make it uniquely yours. Perfect for hosting gatherings, the outdoor space features a pool, spa, and various amenities designed for leisure and entertainment. The property comes with owned solar panels, providing sustainable and cost-efficient energy. Situated in a serene and private cul-de-sac, offering peace and tranquility. Don't miss out on this rare piece of property where you can create your dream home in one of La Jolla's most coveted locations.
Condition Rating
Fair
Built in 1981, this property has been lovingly cared for but shows significant signs of being outdated, aligning with the 'Fair' condition criteria. The kitchen appears to have had an update, likely 15-25 years ago, with wood cabinets, granite countertops, and stainless steel appliances that are functional but not contemporary in style. Other interior spaces, such as the living and dining areas, feature older carpeting, dated window treatments, and mirrored walls, indicating a need for modernization. While the exterior, pool, and solar panels are well-maintained, the interior requires minor to moderate updates to meet current aesthetic standards and buyer expectations, as also noted in the property analysis's 'Potential for Modernization Costs' and 'Lack of Specific Interior Updates' weaknesses.
Pros & Cons
Pros
Panoramic Views: The property offers breathtaking panoramic whitewater ocean views, bay and city vistas, and even firework shows, providing an exceptional visual experience.
Prime La Jolla Location: Situated in a quiet, serene, and private cul-de-sac within one of La Jolla's most coveted locations, offering exclusivity and tranquility.
Outdoor Entertainment Oasis: The outdoor space is well-equipped for hosting, featuring a pool, spa, and various amenities designed for leisure and entertainment.
Sustainable Energy Solution: Includes owned solar panels, providing a cost-efficient and environmentally friendly energy source for the homeowner.
Generous Space & Rarity: Boasts a substantial 6,334 sqft of living space on a 14,968 sqft lot, and is on the market for the first time in over 30 years, indicating a rare opportunity.
Cons
Potential for Modernization Costs: Built in 1981 and owned for over 30 years, the property may require significant investment for interior modernization and upgrades to meet current luxury buyer expectations.
Overpriced Relative to Market Estimate: The listing price is approximately 22% higher than the estimated property value, which could lead to buyer resistance and a longer time on market.
Lack of Specific Interior Updates: While 'lovingly cared-for,' the description does not highlight specific recent high-end interior renovations, suggesting potential buyers may need to budget for comprehensive updates.