Builder/Investor opportunity in the heart of La Jolla! Blocks from the ocean and walking distance to Windansea Beach. Plans are underway and call for scraping the existing home and building two identical 2,812 ft² 3 bed/2.5 bath homes plus an office and 310 ft² ADU w/ separate entrance, 2-Car Garage and Western facing rooftop deck with ocean views. Dumbwaiter from garage to rooftop deck. Final Coastal Development Permit (CDP) is expected at the end of June/July, seller willing to close upon recordation of permit. Construction docs are scheduled to be submitted concurrently with recordation of CDP. Existing home recently listed on Airbnb, first month brought in $3500 last month brought in $7,700. Earn income as you wait for building permit.

Date Added: 6/6/22 at 7:00 am
Last Update: 6/7/22 at 5:45 am

Interior

  • GeneralBathtub, Granite Counters, Kitchen Island, Open Floor Plan, Pantry, Shower, Wet Bar, *** Resting on over a half-acre site surrounded by beautifully landscaped grounds, this spectacular, single-level residence is fully walled and gated affording an exceptional level of privacy. The open, light-infused interior includes 5 bedrooms, 4.5 baths, an exercise/bonus room, a private master retreat with its own office and spa-inspired bath, as well as generous living areas flowing seamlessly together. The breathtaking backyard, with its Pebble Tec saltwater swimming pool and spa boasts an expansive patio providing a tranquil environment to relax with family and friends, a built-in barbeque, an outdoor fireplace, and an upper level yard with a vegetable garden, mature trees and fire pit seating. Parking is a breeze with your 3-car garage plus ample space in the gated, semi-circular drive for additional cars. Located in the highly coveted neighborhood of La Jolla Farms, where only residents are privileged with a private key to drive down and park at world-renowned Blacku2019s Beach, and youu2019ll enjoy convenient access to UCSD, The Estancia Hotel and Spa, freeways, Torrey Pines golf course, and the UTC mall. Other notable amenities: 3 zones of heat & air conditioning, a security system, 2 tankless water heaters, Halo water softener, 2 reverse osmosis systems, 4 fireplaces, numerous working skylights, an indoor-outdoor surround sound system, 5 different types of fruit trees, and much more. A must see!
  • RoomsN/ K
  • AppliancesN/ K
  • Living RoomN/ K
  • FlooringCarpet, Stone, Wood
  • A/CCentral Forced Air, Energy Star
  • HeatingN/ K, Other/ Remarks
  • FireplaceFP in Living Room

Exterior

  • GeneralStucco
  • Other StructuresNone Known
  • PoolN/ K

Construction

  • RoofingShingle

Location

  • Road/AccessN/ K
  • HOA Amenities0.0

Lot

  • TopographyLevel, Slope Gentle
  • ZoningR-1: SINGLE
  • FencingN/ K

Utilities

  • WaterMeter on Property
  • SewerSewer Connected
  • UtilitiesCable Connected, Electricity Connected, Natural Gas Connected

Schools

  • DistrictSan Diego City Unified School District
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