NOT LISTED FOR SALE

Estimated Value: $4,342,000 - $10,762,753

4 Beds
3 Baths
3,125 Sq Ft
$2,234/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $11,000,000 $3,520 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $48,135/month

32 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Solar Power System
  • Torrey Pines Elementary School Rated A
  • Above Ground Spa
  • 0.91 Acre Lot

About This Home

As of October 2023

Unparalleled ocean views abound at this truly spectacular Oceanfront residence. Perfectly sited on approximately 0.91 Acres above the Blue Pacific, with views from the La Jolla Cove to the Cliffs of Blacks Beach. Expansive level yard and lush tropical foliage invite you to enjoy the outdoor coastal lifestyle. Single-level Wood and Glass home blends seamlessly into the vista. Floor to ceiling walls of glass capture the amazing views. Curvilinear kitchen island is the focal point of the open floorplan, with the spacious kitchen facing the living and dining rooms, all highlighted by soaring ceilings, glass walls and natural design features. A once in a lifetime Trophy Property. Incredible privacy abounds, starting with the long driveway, set off the street leading to a parking pad and garage that can accommodate 10+ cars. Wooden gate with artistic water feature leads you to the flower filled entry courtyard, and massive front door, that creates a statement upon entry to your "hidden home". Reported to be the largest Oceanfront property, for a detached home, between Marine Street and Scripps Pier. This is a 'hidden home' on an amazing lot, with pathways and trails to explore the nature that surrounds you. In addition to the three bedrooms, there are two additional rooms, used currently as a den/guestroom and the other as an office looking out towards the courtyard. A subterranean room, currently used for book storage would make a wonderful wine cellar. Fully fenced for your dog. Solar panels are owned. Unique features for fabulous entertaining include ample parking for 10+ cars and/or catering services. Very rare to find, large, level lawn and garden on the Oceanfront with views in every direction, plus wrap around decks and patios with seating options for groups and private moments to soak in the views. Secluded spa with views is yet another space for meditation and relaxation at this amazing property. You will never want to leave home. Seller has received Residential Building Records from the County Tax Assessor that says the year built was 1958, it was extensively remodeled in 2002. And to quote the notes on that document... "Magnificent unimpeded ocean and shoreline panoramic views, nearly 180 degrees" Even the city officials are impressed! And you will be as well!

Last Agent to Sell the Property

Michelle Dykstra

Compass License #01141195 Listed on: 08/28/2023

Compass

Last Buyer's Agent

Shaun Worthen

Berkshire Hathaway HomeService License #01253329

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135,120

Year Built

  • Built in 1958

Lot Details

  • 0.91 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Bluff on Lot
  • Level Lot
  • Private Yard
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bluff

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Interior Storage Closet
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Spa
  • Pool Equipment or Cover

Additional Features

  • Accessible Parking
  • Solar Power System
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 350-151-10-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$135,120

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Princess
  • Neighborhood: La Jolla Village
  • Supplement: Incredible privacy abounds, starting with the long driveway, set off the street leading to a parking pad and garage that can accommodate 10+ cars. Wooden gate with artistic water feature leads you to the flower filled entry courtyard, and massive front door, that creates a statement upon entry to your "hidden home". Reported to be the largest Oceanfront property, for a detached home, between Marine Street and Scripps Pier. This is a 'hidden home' on an amazing lot, with pathways and trails to explore the nature that surrounds you. In addition to the three bedrooms, there are two additional rooms, used currently as a den/guestroom and the other as an office looking out towards the courtyard. A subterranean room, currently used for book storage would make a wonderful wine cellar. Fully fenced for your dog. Solar panels are owned. Unique features for fabulous entertaining include ample parking for 10+ cars and/or catering services. Very rare to find, large, level lawn and garden on the Oceanfront with views in every direction, plus wrap around decks and patios with seating options for groups and private moments to soak in the views. Secluded spa with views is yet another space for meditation and relaxation at this amazing property. You will never want to leave home. Seller has received Residential Building Records from the County Tax Assessor that says the year built was 1958, it was extensively remodeled in 2002. And to quote the notes on that document... "Magnificent unimpeded ocean and shoreline panoramic views, nearly 180 degrees" Even the city officials are impressed! And you will be as well!
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 3808.0
  • Price Per Sq Ft: 3520.0
  • SP/ Sq Ft: 3520.0
  • Stories: 1 Story
  • Stories In Building: 1
  • Accessibility Features: Parking
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1958
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bathtub, Living Room Deck Attached, Open Floor Plan, Pantry, Storage Space, Kitchen Open To Family Rm
  • Flooring: Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Solar Panels, Washer, Double Oven, Freezer, Gas Stove, Ice Maker, Counter Top
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, MBR Entry Level, Office, Optional Bedrooms, Wine Cellar, Kitchen, Living Room, Master Bedroom, Foyer, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x16
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3125
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Gate, Wood
  • Patio: Deck
  • Roof: Asphalt
  • Spa: Above Ground
  • View: Ocean, Panoramic Ocean, Bluff
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 8
  • Parking Spaces Total: 10

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Available
  • Heating: Fireplace, Radiant
  • Utilities: Sewer Available, Water Available, Sewer Connected

Association/Amenities

  • Entry Level Building: 1

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Bluff/Canyon Rim, Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 350-151-10-00
  • Estimated Lot Sq Ft: 39639
  • Estimated Number of Acres: 0.91
  • Map Code Column: G
  • Map Code Page: 1227
  • Map Code Row: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 3, 2023
Sold by
Eric Korevaar Trust
Bought by
Lowenthal-Tanimoto Living Trust and Lowenthal
Seller's Agent
Michelle Dykstra
Compass
Buyer's Agent
Shaun Worthen
Berkshire Hathaway HomeService
List Price
$11,900,000
Sold Price
$11,000,000
Premium/Discount to List
-$900,000
-7.56%
Views
186
Current Estimated Value
$6,982,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,017,416
Avg. Annual Appreciation
-22.65%
Original Mortgage
$7,000,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2017
Sold by
Korevaar Eric and Plesniak Leigh A
Bought by
Korevaar Eric

Purchase Details

Closed on
May 5, 2006
Sold by
Korevaar Eric and Plesniak Leigh
Bought by
Korevaar Eric and Plesniak Leigh A

Purchase Details

Closed on
Sep 22, 2000
Sold by
Tessler Karen
Bought by
Tessler Richard
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lowenthal-Tanimoto Living Trust $11,000,000 First American Title
Korevaar Eric -- None Available
Korevaar Eric -- None Available
Tessler Richard -- Chicago Title
Korevaar Eric $4,500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenthal-Tanimoto Living Trust $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $11,000,000 -7.6% $3,520 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $11,900,000 -- $3,808 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $135,120 $11,220,000 $10,200,000 $1,020,000
2024 $135,120 $11,000,000 $10,000,000 $1,000,000
2023 $84,588 $6,908,871 $6,155,448 $753,423
2022 $82,337 $6,773,403 $6,034,753 $738,650
2021 $81,771 $6,640,592 $5,916,425 $724,167
2020 $80,777 $6,572,502 $5,855,760 $716,742
2019 $79,332 $6,443,631 $5,740,942 $702,689
2018 $74,154 $6,317,286 $5,628,375 $688,911
2017 $72,392 $6,193,418 $5,518,015 $675,403
2016 $71,252 $6,071,979 $5,409,819 $662,160
2015 $70,197 $5,980,773 $5,328,559 $652,214
2014 $69,080 $5,863,619 $5,224,180 $639,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230016815

San Diego MLS

APN: 350-151-10