
La Jolla, California 92037
Analysis of 8305 Calle Del Cielo, La Jolla, California 92037 is currently available with a list price of $8,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the La Jolla Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is marketed as a shovel-ready development opportunity with a fully-approved Coastal Development Permit to replace the existing 1954 structure with a new 11,754-SF masterpiece. All provided images are architectural renderings of the proposed project, and the listing emphasizes that construction can begin immediately, indicating the current value lies solely in the land and redevelopment potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 3731.
Elementary School: Torrey Pines Elementary School (9/10).
The property features a fully-approved Coastal Development Permit (CDP) with all permits and school fees already paid, allowing for the immediate construction of a massive 11,754-SF estate and bypassing years of typical coastal regulatory delays.
The listing is for a development opportunity rather than a move-in ready home, requiring the buyer to manage a complex, multi-year construction process for a nearly 12,000-SF residence.
With an $8.5 million entry price for the land and plans alone, the project requires a buyer with substantial liquidity to cover both the acquisition and the subsequent multi-million dollar build costs.
Outstanding ocean-view showplace awaits construction in prestigious La Jolla Shores cul-de-sac. This rare Shores opportunity to build a 6-bed, 7-bath, 1/2-half bath, 11,754-SF masterpiece with exceptional views, first-rate walkability, and a fully-approved, shovel-ready CDP, is an opportunity of a lifetime. Permits and school fees have been paid for, you can begin building tomorrow! Architectural plans include a contemporary stunner with floor-to-ceiling windows, dramatic two-story great room, wonderful indoor-outdoor flow, and sophisticated water features. With its perfect blend of privacy, near-beach location, stunning neighboring properties, and the ability to customize finishes in an already superbly-designed home, this is your chance to live a most exceptional coastal lifestyle.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 53% |
| Square foot | 3,731 | 2,712 | 80% |
| Lot Size | 30,056 | 7,548 | 92% |
| Price | $8.50M | $3.54M | 94% |
| Price per sq ft | $2.3K | $1.3K | 94% |
| Built year | 1954 | 1977 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 161 | 8% |
Mar 26, 2026
$8,500,000
Initial Listing
Aug 19, 2020
$3,600,000
Public Record
Jan 26, 2018
$3,225,000
Public Record