NOT LISTED FOR SALE

Estimated Value: $7,320,000 - $9,054,841

4 Beds
3.5 Baths
3,002 Sq Ft
$2,812/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $8,210,000 $2,735 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $54,399/month

20 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Dual Staircase
  • La Jolla Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of October 2023

Lovingly named “La Estrella del Mar” in 1925 by Master Architect, Herbert Palmer, 306 Sea Lane is truly a treasure to behold! Situated on a coveted corner lot in La Jolla’s historic Beach Barber Tract neighborhood, just steps from the sand, this landmark Spanish home was meticulously restored in its entirety in 2005 by its current owners along with Trip Bennett, AIA and Grunow Construction, who carefully preserved and honored the home’s historicity while providing modernizations for everyday living. Elegance welcomes you as soon you enter the home and discover the arched passageways, solid walnut plank floors, beamed ceilings, plaster walls, antique Puebla tiles, and original woodwork that follow you throughout. Herbert Palmer’s signature blend of indoor and outdoor living can be found throughout this beloved home with access from nearly every room to a courtyard, patio, balcony, or private outdoor space. Perfectly designed for entertaining, the main level enjoys a formal living room with wet bar and fireplace at the front of the home, an adjacent dining room with antique brick ceilings and access to the 950-bottle wine cellar, an informal living room at the back of the home with vaulted ceilings and bi-folding collapsible doors that open to the outdoor dining patio and backyard, and the pristine chef’s kitchen that is located in the heart of the home with a large center marble island and access to the interior courtyard through custom iron French doors beneath original carved beams. Make your way up the original, hand-carved spiral staircase in the formal living room to the immaculate primary suite with ocean views through the bank of west-facing windows, a fireplace, walk-in closet, and spa-like bathroom with a Beaumanière limestone walk-in, steam shower and a separate Kallista clawfoot bathtub. Two additional generously-sized bedrooms can be found upstairs with a shared hallway bathroom as well as a private ocean view deck with a cozy, built-in sectional and outdoor speakers, providing an idyllic setting to watch the sunset. The fully-walled property is believed to be the only property in all of San Diego County that is built directly to the lot line on all 4 corners, utilizing all square footage and providing for spacious courtyard and backyard spaces. The private backyard features a large grassy area with surrounding gardens, an arched outdoor shower with Talavera tiles and an arbor with flowering yellow trumpet vines, a picturesque outdoor living space atop an elevated terrace with hanging star pendant lights and access to the detached two-car garage, as well as a fully-plumbed masonry outbuilding, which is believed to be the former staff quarters, that has been transformed into an art studio and gardening workshop. There are countless unique and historic details to take in as you make your way through this cherished home, as if each room has its own story to tell of its rich, nearly-100-year history with only a handful of owners. 306 Sea Lane is an exceptionally special property that presents a rare opportunity to own a piece of La Jolla history and to continue writing its story with new memories for years to come.

Last Agent to Sell the Property

Linda Daniels

Pacific Sotheby's Int'l Realty License #00545941 Listed on: 09/06/2023

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Salvatore Cefalu

Keller Williams San Diego Metro License #01435914

Keller Williams San Diego Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,857

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Security Fence
  • Stucco Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Backyard Sprinklers
  • Private Yard
  • Lawn
  • Back Yard
  • Zero Lot Line
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Turnkey
  • Interior Block Wall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,002 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Bar
  • Chair Railings
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • French Doors
  • Panel Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Art Studio
  • Ocean Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Utility Sink

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Sinks
  • Private Water Closet
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outbuilding
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 21-24 / 6
  • Tax Tract Number 893
  • Assessor Parcel Number 3510161600

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,857

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: La Jolla Beach
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3510161600
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3002.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Chair Railings, Living Room Deck Attached, Recessed Lighting, Wet Bar, Wired for Sound
  • Stories: 2
  • Entry Location: Foyer
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas, Living Room, Primary Bedroom, Primary Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2734.84
  • Room Type: Art Studio, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office
  • Window Features: Casement Windows, Screens, Wood Frames
  • Bathroom Features: Double Sinks In Bath(s), Dual Shower Heads (or Multiple), Exhaust Fan(s), Humidity Controlled, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Tile Counters, Upgraded, Walk-In Shower, Shower, Shower In Tub, Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchen Island, Stone Counters, Utility Sink, Walk-In Pantry, Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Workshop
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Privacy, Security, Stucco Wall
  • Patio And Porch Features: Covered, Patio, Patio Open, Stone, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Off Street, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Underground Utilities, Cable Connected, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Gas Range, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: La Jolla

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped, Lawn, Level with Street, Rectangular Lot, Sprinklers In Rear, Yard, Zero Lot Line
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet

Tax Info

  • Tax Block: 6
  • Tax Lot: 21-24
  • Tax Tract Number: 000893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 29, 2023
Sold by
Freundt Christopher and Freundt Christina
Bought by
306 Sea Lane Llc
Seller's Agent
Linda Daniels
Pacific Sotheby's Int'l Realty
Buyer's Agent
Salvatore Cefalu
Keller Williams San Diego Metro
List Price
$8,650,000
Sold Price
$8,210,000
Premium/Discount to List
-$440,000
-5.09%
Views
115
Current Estimated Value
$8,441,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,280
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Apr 19, 2004
Sold by
Frazee Elizabeth Janis
Bought by
Freundt Christopher and Freundt Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Best John Mcclanian
Bought by
Best John Mcclanian
Source: Public Records

Range of Values:

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List Price
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
306 Sea Lane Llc $8,210,000 Lawyers Title
Freundt Christopher $2,440,000 Chicago Title Co
Best John Mcclanian -- --
Best John Mcclanian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freundt Christopher K $1,500,000
Previous Owner Freundt Christopher $2,640,000
Previous Owner Freundt Christopher $1,830,000
Previous Owner Best John Mcclanian $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $8,210,000 -5.1% $2,735 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $8,650,000 -- $2,881 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $100,857 $8,374,200 $7,140,000 $1,234,200
2024 $100,857 $8,210,000 $7,000,000 $1,210,000
2023 $48,844 $3,991,217 $3,143,143 $848,074
2022 $47,543 $3,912,959 $3,081,513 $831,446
2021 $47,216 $3,836,236 $3,021,092 $815,144
2020 $46,642 $3,796,901 $2,990,115 $806,786
2019 $45,807 $3,722,453 $2,931,486 $790,967
2018 $42,817 $3,649,464 $2,874,006 $775,458
2017 $41,799 $3,577,906 $2,817,653 $760,253
2016 $41,140 $3,507,752 $2,762,405 $745,347
2015 $40,530 $3,455,064 $2,720,912 $734,152
2014 $39,885 $3,387,385 $2,667,614 $719,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2306958

California Regional Multiple Listing Service (CRMLS)

APN: 351-016-16