5860 Cactus Way, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 3 bath
Loading property details...
5860 Cactus Way
La Jolla, California 92037
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,854Sq Ft
22,215.6Lot Size
Property Price
LIST PRICE$2,795,000
EST. MARKET VALUE
$2,795,000
SUMMARY
This Mid-Century Modern Residential Asset represents a High-Potential Investment Opportunity, currently listed at $3,095,000, which aligns with its $3,095,000 Fair Market Value. While the property requires modernization, its Condition Rating of 4 provides a blank canvas for value-add renovations. The expansive half-acre lot, Canyon Views, and proximity to Top-Rated Schools like Bird Rock Elementary (10/10) ensure long-term desirability. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a classic La Jolla retreat.
Estimated Market Value
$2,795,000
Based on Realkey algorithm analyzing recent comparable sales in La Jolla.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5860 Cactus Way Subject 4 bd · 3 ba · 2,854 sqft · $979 | $2,795,000* List Price | 4 | 3 | 2,854 | $979 | - |
A 2790 Palomino Active 4 bd · 3 ba · 2,430 sqft · $1,019 · 0.2 mi | $2,475,000 List Price | 4 | 3 | 2,430 | $1,019 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, this property is well-maintained but largely dated. While the kitchen shows a previous renovation (estimated 15-25 years old) with granite countertops and stainless appliances, the interior features extensive wood paneling, older carpeting, and original Mid-Century elements that require modernization. The listing's description as a 'rare canvas for a fresh vision' indicates it is a candidate for a comprehensive update rather than being move-in ready by modern luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22215, living area = 2854.
- Great Schools
Elementary School: Bird Rock Elementary School (10/10).
- Authentic Mid-Century Architecture
The property features iconic 1963 design elements including vaulted beamed ceilings, natural stone, and floor-to-ceiling windows that offer a seamless indoor-outdoor living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22215, other record lot size in square feet = 22100.
- Renovation Requirements
Marketed as a 'rare canvas,' the 1963 structure likely requires significant capital investment to modernize systems and finishes to meet contemporary luxury standards.
- Market Stagnation
With 62 days on market and a recent $180,000 price reduction, the property is currently facing a challenge in aligning its original valuation with buyer expectations.
About 5860 Cactus Way
A private La Jolla retreat with authentic Mid-Century Modern character, set on a lush half-acre cul-de-sac lot. Expansive windows, vaulted beamed ceilings, natural stone, and multiple decks blur the line between indoors and out, opening to peaceful canyon views and a glimpse of the ocean. The flexible four-bedroom layout includes two primary suites and generous living spaces surrounded by mature landscaping and privacy. Rooted in classic California modernism, the home offers a rare canvas for a fresh, contemporary vision—an opportunity to create something truly personal, connected to nature, and distinctly La Jolla.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 22,215.6 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
La Jolla Unified Schools
Sessions Elementary School
Grades K-5 • 1.2 mi
9/10
Bird Rock Elementary School
Grades K-5 • 1.7 mi
10/10
La Jolla Elementary School
Grades K-5 • 2.1 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.1 |
| Baths | 3.0 | 3.7 |
| Square foot | 2,854 | 2,784.514 |
| Lot Size | 22,215.6 | 12,220.286 |
| Price | $2.79M | $3.49M |
| Price per sq ft | $979 | $1.2K |
| Built year | 1963 | 1981 |
| HOA | $0 | $515 |
| Days on market | 74 | 58 |
Pricing History
Listed for Sale
Oct 21, 2026
$2,795,000
$3,095,000
-10% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$3,095,000
$3,275,000
-5% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$3,275,000
Initial Listing