8260 Paseo Del Ocaso, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 2 bath
ACTIVE$4,900,000
8260 Paseo Del Ocaso, La Jolla, California 92037
3Beds
2Baths
1,765Sqft
7,607Lot
Price Vs. Estimate
The estimated value ($4,852,165.25) is $47,834.75 (0%) lower than the list price ($4,900,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7607, living area = 1765.
Top Cons:
Age of Property: Built in 1947, the main residence likely requires significant modernization, renovation, or a complete rebuild to meet contemporary luxury standards.
Compared to the nearby listings
Price:$4.90M vs avg $3.59M (+$1,310,000)72%
Size:1,765 sqft vs avg 2,711 sqft12%
Price/sqft:$2.8K vs avg $1.4K96%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is well-maintained and appears clean, with functional major components like hardwood flooring and updated stainless steel kitchen appliances. However, the overall style, including the kitchen cabinets, light fixtures, and bathroom (not pictured but likely consistent with the home's age), shows signs of being outdated. The property analysis explicitly states it 'likely requires significant modernization, renovation, or a complete rebuild to meet contemporary luxury standards,' aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated components requiring updates beyond minor repairs for modern appeal.
Year Built
1947
Close
-
List price
$4.9M
Original List price
$6.1M
Price/Sqft
$2,776
HOA
-
Days on market
-
Sold On
-
MLS number
250030030SD
Home ConditionFair
Features
Good View:
Deck
Spa
Patio
View-
About this home
Exceptional opportunity in the heart of La Jolla Shores! Situated on a generous 7,871 sq. ft. lot, this rare 1,765 sq. ft. property features a 3-bedroom, 2-bath main residence plus a detached 1-bedroom, 1-bath casita—perfect for guests or a private home office. The flexible layout is centered around a spacious, enclosed courtyard that offers privacy and effortless indoor-outdoor living. With its large lot and versatile footprint, the property offers incredible development potential. Customize or expand the current layout, build your dream beach compound, or maintain as a charming, income-producing retreat in one of San Diego’s most desirable coastal neighborhoods. Just blocks from the beach, La Jolla Beach & Tennis Club, and the shops and restaurants of La Jolla Shores Village, this is a rare chance to own a property with character, flexibility, and upside in an unbeatable location.
Nearby schools
9/10
Torrey Pines Elementary School
Public,•K-5•0.7mi
8/10
Muirlands Middle School
Public,•6-8•1.9mi
8/10
La Jolla High School
Public,•9-12•1.9mi
Condition Rating
Fair
Built in 1947, this property is well-maintained and appears clean, with functional major components like hardwood flooring and updated stainless steel kitchen appliances. However, the overall style, including the kitchen cabinets, light fixtures, and bathroom (not pictured but likely consistent with the home's age), shows signs of being outdated. The property analysis explicitly states it 'likely requires significant modernization, renovation, or a complete rebuild to meet contemporary luxury standards,' aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated components requiring updates beyond minor repairs for modern appeal.
Pros & Cons
Pros
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 = 7607, living area = 1765.
Great Schools: Elementary School: Torrey Pines Elementary School (9/10).
Prime Coastal Location: Situated just blocks from La Jolla Shores beach, the La Jolla Beach & Tennis Club, and the vibrant shops and restaurants of La Jolla Shores Village, offering an unbeatable lifestyle.
Significant Development Potential: The generous 7,871 sq. ft. lot and flexible layout provide exceptional opportunities to customize, expand, or build a new dream beach compound.
Detached Casita: Includes a separate 1-bedroom, 1-bath casita, ideal for guest accommodations, a private home office, or potential rental income.
Generous Lot Size: A substantial 7,871 sq. ft. lot in a highly desirable coastal neighborhood offers ample space, privacy, and long-term value appreciation.
Indoor-Outdoor Living: A spacious, enclosed courtyard serves as a central hub, promoting privacy and effortless indoor-outdoor living.
Cons
Age of Property: Built in 1947, the main residence likely requires significant modernization, renovation, or a complete rebuild to meet contemporary luxury standards.
Price Reduction History: Multiple price reductions from an initial $6.1M to the current $4.9M indicate potential challenges in market valuation or buyer perception at previous price points.
Modest Existing Square Footage: The 1,765 sq. ft. main residence is relatively small for the large lot and prime location, suggesting that a buyer seeking a larger, move-in ready luxury home will need to invest substantially in expansion or new construction.