8504 Prestwick Dr, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 4 bath
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La Jolla, California 92037
Analysis of 8504 Prestwick Dr, La Jolla, California 92037 is currently available with a list price of $4,995,000. 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.
Built in 1969 (57 years old) with no evidence of significant renovations. The listing description emphasizes the property as a 'canvas for the creation of a world class coastal estate' and focuses on land value and views, indicating the existing structure is likely unlivable or obsolete.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20452, living area = 2637.
Elementary School: Torrey Pines Elementary School (9/10).
Situated in the prestigious La Jolla Shores enclave, this property offers rare sweeping vistas of the Pacific Ocean and the iconic La Jolla Cove, providing significant long-term value and prestige.
Built in 1969, the current residence likely requires a complete overhaul or teardown to meet modern luxury standards, necessitating a substantial additional investment beyond the purchase price.
The listing's value is heavily tied to conceptual renderings and future possibilities, requiring the buyer to navigate the time-consuming and costly permitting processes inherent to La Jolla coastal development.
Exceptional Value in La Jolla Shores! Positioned on a rare oversized corner parcel in the coveted La Jolla Shores enclave, this exceptional Upper Shores offering captures sweeping vistas of the Pacific and the iconic La Jolla Cove. The predominantly level site currently hosts a single level four bedroom residence, presenting an extraordinary canvas for the creation of a world class coastal estate. This is a special opportunity to secure a premier view site in one of La Jolla’s most desirable neighborhoods and bring to life a bespoke ocean view estate that reflects your vision and lifestyle, all just moments from the beach, the Village, world class dining, premier shopping at UTC, major freeways, and top rated schools, seamlessly combining privacy, prestige, and everyday convenience along the Southern California coastline. Renderings are conceptual only and do not depict the current home, and may not accurately depict what can be done with the existing structure. Buyer is advised to independently verify the possibilities of the lot.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,637 | 2,834 |
| Lot Size | 20,452 | 16,094 |
| Price | $5.00M | $3.68M |
| Price per sq ft | $1.9K | $1.4K |
| Built year | 1969 | 1980 |
| HOA | $0 | $562 |
| Days on market | 6 | 60 |
Jul 16, 2026
$4,995,000
Initial Listing
Jun 2, 2023
$4,800,000
Public Record