NOT LISTED FOR SALE

2318 Ocean Front Del Mar, CA 92014

Estimated Value: $8,096,000 - $19,063,069

6 Beds
5.5 Baths
3,770 Sq Ft
$3,602/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $20,000,000 $5,305 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $89,460/month

14 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Del Mar Heights School Rated A+
  • Spa
  • Retreat

About This Home

As of May 2022

Once in a lifetime opportunity! Own an UNPARALLELED 100 FEET OF DEL MAR OCEAN FRONT - APPROVED plans to build this extraordinary new coastal modern home. 4,273SF. MSTR bedrooms on each level totaling 6BR & 6.5BA. Floor to ceiling windows w/ spectacular views showcasing one of Califfornia’s most beautiful beaches. Lrg 2-car garage. Entertain front row on sand for gatherings sure to create lifelong memories. Approved building plans & const. budget available upon request. See video & Doc tab for design book. BAREFOOT 23: 2318 OCEAN FRONT: A once in a lifetime opportunity to own one of Del Mar’s premiere sandy oceanfront properties. With an unparalleled 100 feet of Del Mar ocean front. The second widest property on Del Mar Beach. Offering 4,273 square feet (based on new approved plan), 6 bedrooms, 6.5 bathrooms and an abundant beachside terrace to entertain year round with the Pacific Ocean as your backdrop. Fully approved plans, available upon request, show a modern coastal beach house with gorgeous blonde Indoteak timber, taupe concrete accents, hammered limestone & other natural elements harmoniously creating an indoor-outdoor experience with the home’s surrounding beach environment. Offering two primary bedrooms, one on each level for a grand total of 6 bedrooms and 6.5 bathrooms each boasting of their own private bathroom and more ocean views. There will always be plenty of parking (even during popular summer months) with an oversized two car garage in addition to a potential of 4 more on property parking spaces. This beach house is ready to be transformed into your dreamy beach compound and will be one of Del Mar’s most coveted and sophisticated beach properties on the sand. Enjoy Del Mar beach living at its finest - stroll to restaurants, boutiques or the race track. Live on one of California’s finest beaches, where you can create lifelong memories, watch the surf, see dolphins play and enjoy endless sunsets. Please click the video link.

Last Agent to Sell the Property

Rande Turner

Pacific Sotheby's Int'l Realty License #00857729 Listed on: 04/27/2022

Pacific Sotheby's Int'l Realty

Co-Listed By

Melissa James

Pacific Sotheby's Int'l Realty License #02041041

Last Buyer's Agent

Heather Kidder

Arbor Real Estate License #01187466

Arbor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 7,000 Sq Ft Lot
  • Beach Front
  • Level Lot
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Clay Roof
  • Wood Siding

Interior Spaces

  • 3,770 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Double Oven
  • Gas Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Spa

Location

  • West of 101 Freeway
  • West of 5 Freeway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 299-096-02-00

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: 23rd Street
  • Neighborhood: Ocean Front
  • Supplement: BAREFOOT 23: 2318 OCEAN FRONT: A once in a lifetime opportunity to own one of Del Mar’s premiere sandy oceanfront properties. With an unparalleled 100 feet of Del Mar ocean front. The second widest property on Del Mar Beach. Offering 4,273 square feet (based on new approved plan), 6 bedrooms, 6.5 bathrooms and an abundant beachside terrace to entertain year round with the Pacific Ocean as your backdrop. Fully approved plans, available upon request, show a modern coastal beach house with gorgeous blonde Indoteak timber, taupe concrete accents, hammered limestone & other natural elements harmoniously creating an indoor-outdoor experience with the home’s surrounding beach environment. Offering two primary bedrooms, one on each level for a grand total of 6 bedrooms and 6.5 bathrooms each boasting of their own private bathroom and more ocean views. There will always be plenty of parking (even during popular summer months) with an oversized two car garage in addition to a potential of 4 more on property parking spaces. This beach house is ready to be transformed into your dreamy beach compound and will be one of Del Mar’s most coveted and sophisticated beach properties on the sand. Enjoy Del Mar beach living at its finest - stroll to restaurants, boutiques or the race track. Live on one of California’s finest beaches, where you can create lifelong memories, watch the surf, see dolphins play and enjoy endless sunsets. Please click the video link.
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 5835.54
  • Price Per Sq Ft: 5305.04
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 5305.04
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Double Oven, Gas Oven, Gas Stove
  • Fireplaces: 3
  • Fireplace: Fp In Family Room, Fp In Living Room, Fp In Master Br
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room, Great Room, Master Retreat, Office, Kitchen, Living Room, Master Bedroom, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 6
  • Bedrooms: 6
  • Master Bedroom Dimensions: 15x17
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 3770
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Wood/Stucco
  • Frontage: Ocean/Sand
  • Roof: Tile/Clay
  • Spa: Yes
  • Spa Heat: Gas
  • View: Ocean, Panoramic Ocean, Coastline, White Water
  • Exclusive Use Yard: Yes
  • Frontage Dimensions in Feet: 100

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Water Heater Type: Gas
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: DEL MAR

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: West of I-5, West of 101
  • Topography: Level
  • Assessor Parcel Number: 299-096-02-00
  • Estimated Lot Sq Ft: 7000
  • Estimated Number of Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 20, 2022
Sold by
Fog Beach Llc
Bought by
Miyagi Do Llc
Seller's Agent
Rande Turner
Pacific Sotheby's Int'l Realty
Buyer's Agent
Heather Kidder
Arbor Real Estate
List Price
$22,000,000
Sold Price
$20,000,000
Premium/Discount to List
-$2,000,000
-9.09%
Current Estimated Value
$13,579,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,420,465
Avg. Annual Appreciation
-10.09%

Purchase Details

Listed on
Apr 4, 2020
Closed on
Aug 14, 2020
Sold by
Hassanein Salah V and Hassanein Richard C
Bought by
Fog Beach Llc
Seller's Agent
Rande Turner
Pacific Sotheby's Int'l Realty
Buyer's Agent
Rande Turner
Pacific Sotheby's Int'l Realty
List Price
$15,850,000
Sold Price
$12,000,000
Premium/Discount to List
-$3,850,000
-24.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.46%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Hassanein Salah M
Bought by
Hassanein Salah M

Purchase Details

Closed on
Dec 10, 1996
Sold by
England Eilhys
Bought by
Hassanein Salah M

Purchase Details

Closed on
Jan 18, 1994
Sold by
Security Trust Company
Bought by
Hassanein Salah M

Purchase Details

Closed on
Dec 31, 1993
Sold by
American Financial Services
Bought by
Security Trust Company

Purchase Details

Closed on
Oct 4, 1993
Sold by
C V Systems Inc
Bought by
American Financial Services

Purchase Details

Closed on
Nov 6, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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
Miyagi Do Llc $20,000,000 New Title Company Name
Fog Beach Llc $11,800,000 Wfg Title Company Of Ca
Hassanein Salah M -- --
Hassanein Salah M -- --
Hassanein Salah M -- Chicago Title Co
Security Trust Company -- Chicago Title Co
American Financial Services $50,000 Chicago Title Co
-- $1,100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $20,000,000 -9.1% $5,305 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $22,000,000 0.0% $5,836 / Sq Ft
02/26/2021 02/26/21 Rented $29,000 0.0% --
11/02/2020 11/02/20 Price Changed $29,000 -17.1% $8 / Sq Ft
10/15/2020 10/15/20 For Rent $35,000 0.0% --
08/19/2020 08/19/20 Sold $12,000,000 -24.3% $3,183 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $15,850,000 0.0% $4,204 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $15,850,000 -- $4,204 / 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 $221,428 $21,224,160 $16,979,328 $4,244,832
2024 $221,428 $20,808,000 $16,646,400 $4,161,600
2023 $216,563 $20,400,000 $16,320,000 $4,080,000
2022 $128,281 $12,036,000 $10,608,000 $1,428,000
2021 $123,534 $11,800,000 $10,400,000 $1,400,000
2020 $51,631 $4,833,469 $3,885,436 $948,033
2019 $50,539 $4,738,696 $3,809,251 $929,445
2018 $48,295 $4,645,781 $3,734,560 $911,221
2017 $47,383 $4,554,688 $3,661,334 $893,354
2016 $45,828 $4,465,382 $3,589,544 $875,838
2015 $45,138 $4,398,309 $3,535,626 $862,683
2014 $44,201 $4,312,153 $3,466,368 $845,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220009973

San Diego MLS

APN: 299-096-02