1303 Cave ST, La Jolla, CA 92037
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1303 Cave ST, La Jolla, CA 92037
1303 Cave ST, La Jolla, CA 92037
1303 Cave ST, La Jolla, CA 92037
1303 Cave ST, La Jolla, CA 92037
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$ 9,995,000
Est. payment /mo
Active

1303 Cave ST La Jolla, CA 92037

8 Beds

5 Baths

3,944 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,944 sqft

Price per Sqft $2,534

MLS Listing ID NDP2511218

Bedrooms 8

Full Baths 5

HOA Y/N No

Year Built 1935

Lot Size 6,403 Sqft

Property Sub-Type Single Family Residence

Property Description

Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the option to transform it into a single-family estate, a multi-generational compound or to upgrade and maintain the multi-unit rental asset. The property consists of five separate residences across two connected structures - a 3BR/2BA, a 2BR/1BA, a 1BR/1BA and two studios - situated above four single-car garages and centered around a private courtyard. These existing improvements can provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the land's extraordinary combination of location and elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project - an architectural jewel at the entrance to the iconic Cove and Scripps Park - that simply cannot be replicated in today's landscape.

Location

State CA

County San Diego

Area 92037 - La Jolla

Zoning R-1:Single Fam-Res

Interior

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry See Remarks

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Coastline, Neighborhood, Ocean, Water

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Level or Stories Three Or More

New Construction No

Schools

School District La Jolla

Others

Senior Community No

Tax ID 3501210100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2511218


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Listed by Drew Nelson Willis Allen Real Estate dnelson@willisallen.com, DRE #01376023

NEARBY SCHOOL & BUSINESS

John Bertsch

John Bertsch

Agent | License ID: 02135471

+1(619) 518-5421

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1303 Cave ST