
La Jolla, California 92037
This property presents a High-Potential Investment Opportunity with a List Price of $4,995,000—positioned well below the $4,868,229 Fair Market Value by -2%. While the home requires modernization, its Fair Condition Rating is offset by a massive 20,000 sq. ft. lot, panoramic ocean and canyon views, and a rare 48' indoor pool. Located near top-rated schools like Bird Rock Elementary, this AS-IS Asset offers significant upside for Value-Add Investors or Contractors seeking to restore a premier La Jolla estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 855 Muirlands Drive Subject | $4,995,000* List Price | 4 | 4 | 3,520 | $1,383 | - |
A 1230 Nautilus Sold | $3,910,000 | 4 | 4 | 3,083 | $1,268 | 0.5 mi |
B 1177 Muirlands Vista Way Sold | $3,975,000 | 3 | 4 | 3,151 | $1,262 | 0.4 mi |
C 7207 Fairway Rd Sold | $5,515,000 | 4 | 5 | 4,628 | $1,192 | 1.0 mi |
D 1005 Solymar Drive Active | $5,595,000 List Price | 4 | 4 | 3,819 | $1,465 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956 with renovations to the kitchen and bathrooms that appear to be 15-20 years old. While the home features functional updates like dual solar systems and refinished oak flooring, the listing's explicit 'AS-IS' condition and 'bring your contractor' advisory suggest the property is dated and requires repairs or significant modernization to reach its full potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20019, living area = 3520.
Elementary School: Bird Rock Elementary School (10/10).
Situated in the prestigious Muirlands enclave of La Jolla, this property occupies an expansive 20,000 sq. ft. lot featuring serene canyon and ocean views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The property is being sold in as-is condition, indicating that the buyer will need to manage and fund all necessary repairs and modernizations.
Built in 1956, the home is described as an 'old beauty' requiring a contractor and vision to update its dated infrastructure to meet contemporary luxury standards.
Originally designed as a 5-bedroom residence and thoughtfully reimagined into a 4 bedroom, this home offers generous room sizes, timeless character & enduring craftsmanship throughout. Set on a 20,000 sq. ft. lot, the home enjoys serene canyon and ocean views, rich oak flooring and a spectacular 48' indoor pool & spa. Two separate solar systems service both the home & pool, enhancing energy efficiency. Outdoor amenities include a former putting green, secluded gazebo & expansive decks SUPPLEMENT BELOW: Adding to the property's versatility is an additional bedroom and bath located beneath the pool along the canyon rim ( not included in the home square footage) with canyon and ocean views, ideal for guests, a home office, fitness studio or creative retreat. Private, sunny, and blessed with refreshing ocean breezes, this old beauty is tucked away in an exclusive enclave of distinguished homes, offering a rare blend of tranquility, recreation, and timeless appeal. Properties of this caliber are seldom available. Offered in AS-IS condition, this is a comfortably wonderful home but also an exceptional opportunity to create your dream estate. Bring your contractor, your imagination, and your vision. Schedule your private showing today!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,520 | 2,834 |
| Lot Size | 20,019 | 16,094 |
| Price | $5.00M | $3.68M |
| Price per sq ft | $1.4K | $1.4K |
| Built year | 1956 | 1980 |
| HOA | $0 | $562 |
| Days on market | 5 | 60 |
Jul 17, 2026
$4,995,000
Initial Listing