7944 Prospect Place, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 4 bath
ACTIVE$4,878,000
7944 Prospect Place, La Jolla, California 92037
4Beds
4Baths
3,247Sqft
5,403Lot
Price Vs. Estimate
The estimated value ($4,113,569.2) is $764,430.8 (15%) lower than the list price ($4,878,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Top Cons:
Substantial Overpricing: The current list price of $4.878M is significantly above the estimated property value of $4.113M, suggesting a potential overvaluation.
Compared to the nearby listings
Price:$4.88M vs avg $3.59M (+$1,288,000)72%
Size:3,247 sqft vs avg 2,738 sqft65%
Price/sqft:$1.5K vs avg $1.4K65%
More Insights
Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old. While described as a 'beautifully constructed custom residence' with 'timeless classic detailing' and 'finest quality' materials, the visual evidence, particularly in the kitchen, suggests that it has not undergone an extensive renovation within the last 5-15 years to meet current quality and style standards. The kitchen features high-end appliances (like the Sub-Zero style refrigerator and double ovens) that appear to be from the original build era or an earlier update, and the cabinetry and granite countertops reflect a style popular in the early 2000s. Flooring includes well-maintained hardwood and terracotta tiles, which are classic but not contemporary. The overall condition is very good and move-in ready, but the aesthetic of key areas like the kitchen and some fixtures show signs of being outdated compared to modern trends. This aligns with the 'Fair' criteria: 'The home is aged but maintained through regular upkeep and occasional updates. Major components are functional but show signs of being outdated.'
Year Built
2001
Close
-
List price
$4.88M
Original List price
$4.88M
Price/Sqft
$1,502
HOA
-
Days on market
-
Sold On
-
MLS number
250021649SD
Home ConditionFair
Features
Excellent View:
Deck
Patio
View-
About this home
Quiet, private, and located right in the heart of La Jolla's village center steps to La Jolla Cove, boutiques and restaurants, this beautifully constructed custom residence by an esteemed local builder offers an elegant, easy, turnkey experience with lovely outdoor patios and a fabulous rooftop deck with dumbwaiter and dazzling panoramic whitewater and North shore ocean and coastline views. Soaring cathedral ceilings, a gorgeous stairway and magnificent wood and ironwork greet guests to this home where timeless classic detailing throughout is of the finest quality. Enjoy easy living and a walking lifestyle in a superb, sought-after Village location.
Nearby schools
9/10
La Jolla Elementary School
Public,•K-5•0.6mi
8/10
Muirlands Middle School
Public,•6-8•1.1mi
8/10
La Jolla High School
Public,•9-12•1.1mi
Condition Rating
Fair
The property was built in 2001, making it 23 years old. While described as a 'beautifully constructed custom residence' with 'timeless classic detailing' and 'finest quality' materials, the visual evidence, particularly in the kitchen, suggests that it has not undergone an extensive renovation within the last 5-15 years to meet current quality and style standards. The kitchen features high-end appliances (like the Sub-Zero style refrigerator and double ovens) that appear to be from the original build era or an earlier update, and the cabinetry and granite countertops reflect a style popular in the early 2000s. Flooring includes well-maintained hardwood and terracotta tiles, which are classic but not contemporary. The overall condition is very good and move-in ready, but the aesthetic of key areas like the kitchen and some fixtures show signs of being outdated compared to modern trends. This aligns with the 'Fair' criteria: 'The home is aged but maintained through regular upkeep and occasional updates. Major components are functional but show signs of being outdated.'
Pros & Cons
Pros
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Unbeatable Village Location: Direct access to La Jolla Cove, boutiques, and restaurants, offering a highly desirable walkable lifestyle in the heart of the village.
Dazzling Panoramic Ocean Views: Features whitewater and North Shore ocean/coastline views, especially from the fabulous rooftop deck, enhancing its luxury appeal.
High-Quality Custom Construction: Built by an esteemed local builder with timeless classic detailing and finest quality materials, ensuring durability and elegance.
Exceptional Outdoor Living: Includes lovely outdoor patios and a rooftop deck equipped with a dumbwaiter, perfect for entertaining and enjoying the views.
Turnkey & Private Residence: Offers an elegant, easy, and private living experience, ready for immediate enjoyment without significant initial renovations.
Cons
Substantial Overpricing: The current list price of $4.878M is significantly above the estimated property value of $4.113M, suggesting a potential overvaluation.
Limited Modern Amenities: The property description does not mention high-demand luxury features such as a pool, spa, or integrated smart home technology, which are present in several comparable properties.
Aging Construction Date: Built in 2001, it is older than some recently constructed or extensively remodeled luxury homes in the area, which might impact its appeal to buyers seeking the newest designs and features.