
La Jolla, California 92037
This legacy estate represents a Strong Value Opportunity, listed at $7,900,000—positioned well below the $8,689,747 Fair Market Value by 9%. This valuation gap offers $789,747 in Instant Equity for buyers. Featuring a .839-acre lot with panoramic ocean views, the property requires a full interior rehab given its Condition Rating of 5. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to develop a premier multi-generational coastal compound in La Jolla.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7865 Roseland Drive Subject 4 bd · 4 ba · 3,733 sqft · $2,108 | $6,900,000* List Price | 4 | 4 | 3,733 | $2,108 | - |
A 8305 Calle Del Cielo Active 4 bd · 4 ba · 3,731 sqft · $2,278 · 0.7 mi | $8,500,000 List Price | 4 | 4 | 3,731 | $2,278 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and held by the same family for over 60 years, the home is in largely original condition. The kitchen features 50+ year old cabinetry, countertops, and appliances, and the bathrooms are similarly dated. While the structure is well-maintained, the property requires a full interior rehab and likely system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36590, living area = 3733.
The estate offers rare, sit-down panoramic views spanning from the La Jolla Beach & Tennis Club and Scripps Pier to the Torrey Pines Reserve, providing a premier coastal backdrop.
Situated on a massive .839-acre lot, the property features a rare flat, usable plateau that offers significant development potential or space for a sprawling private estate.
Built in 1952 and held by the same family for over 60 years, the home likely requires a substantial renovation or complete rebuild to meet modern luxury standards.
Given the $7.9M entry price primarily for the land and views, the additional capital investment needed for upgrades will result in a very high total cost for the buyer.
Tucked away at the end of a private driveway and held by the same family for more than six decades, this legacy panoramic view estate on a .839 acre lot is one of La Jolla's best-kept secrets, and it is now available for the first time in generations. This home needs to be experienced in person to truly grasp the unparalleled view, its charm and the potential. The setting is a large lot above La Jolla Shores, topped by a flat, usable plateau. Enjoy sweeping, sit-down beach backdrops from The La Jolla Beach & Tennis Club, North to Scripps Pier, Torrey Pines Reserve and beyond. This combination of location, large usable lot and panoramic views is exceptionally rare to find. The authentic mid-century ranch style main house, 3,733 square feet, wraps around a central courtyard designed for entertaining. Enter the home to an expansive living room that sets the tone featuring floor to ceiling windows, a beautiful brick fireplace and time period built ins. The dining room pairs its sweeping view with leaded glass accents, and a circular staircase leading to a dedicated wine cellar. Three ensuite bedrooms are arranged on one wing with a fourth bed and bath at the opposite end. A detached two-story 1,034-square-foot structure adds three bedrooms, two bathrooms, and a workshop with more spectacular views from the second floor. There is also a four-car detached garage plus parking for ten or more vehicles. Multiple outdoor living areas seamlessly connect the sprawling lot creating an extraordinary canvas for a multi-generational coastal compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.1 |
| Baths | 4.0 | 3.7 |
| Square foot | 3,733 | 2,784.514 |
| Lot Size | 36,590 | 12,220.286 |
| Price | $6.90M | $3.49M |
| Price per sq ft | $1.8K | $1.2K |
| Built year | 1952 | 1981 |
| HOA | $0 | $515 |
| Days on market | 24 | 58 |
Oct 22, 2026
$6,900,000
$7,900,000
-13% Price Drop
Initial Listing
Oct 1, 2026
$7,900,000
Initial Listing