La Jolla Real Estate Blog: La Jolla Real Estate - Anyone interested in a $23,000,000 dollar home?

My office with Coldwell Banker Residential is in La Jolla and we are, in my opinion, the premier office in the nation.  Not only do I think so.. but actually we have won numerous awards for our outstanding agents.  Today I received an update of new listings in the La Jolla area and was impressed to see that there is a new listing on Camino de la Costa listed by my fellow La Jolla agent for $23,000,000 to $26,000,876.  This is a "Value Range" pricing which basically means that the seller will "entertain" offers in that price range and is not obligated to look at offers for a lower price.  This beautiful French Normandy style home sits on almost 3/4 acre of prime La Jolla land.  Unlike most areas of the country, our land is more valuable than our homes... thus small vacant lots selling for over $1M.  With 7 bedrooms, 8 1/2 baths and approximately 9,400 square feet this newer home (built in 2004) is on an ocean front cove site. This is considered a smart house, with home theater, heated stone floors, gym and Billiards room, guest or children's wing with 2 bedrooms and living area.

Interested?  Buyers must be pre-qualified to view the home and no pictures or virtual tour will be available due to the extensive and expensive furnishings.  Still interested?  Give me a call anytime, we will get you pre-qualified and heck, I will hire a limousine to show you the property in style! 

Today there are 181 detached homes for sale in La Jolla.  Of these 181 homes, there are 177 homes over $1 Million Dollars!  The least expensive detached home is on Draper Avenue and is a 2 bedroom, 1 bath home listed for $699,000.  The most expensive home in La Jolla is listed for $29,950,000 featuring 6 bedrooms +2, 9 bathrooms and was built in 1990.  This is on an oceanfront lot with direct access to a secluded sandy beach.  A nearby neighbor to the other Camino de la Costa property... I can show you both at the same time! :-)

There are currently 215 condominiums for sale in La Jolla.  The least expensive is a 1 bedroom, 1 bath condo at Tuscana for $219,900 - bargain prices for the La Jolla zip code!  The most expensive is a 3 bedroom, 2 1/5 bath condo at 202 Coast Boulevard for $8,900,000 - with 2,738 square feet, that makes this ocean front  single level property a mere $3,251 per square foot.  Bring your tape measure!

All kidding aside, I take my business seriously and have been successfully negotiating for my high-end clients for over 20 years.  If you want excellent service and representation, give me a call anytime.  Susan Laxson at (858) 775-3329.  Visit my website at www.LJ-Homes.com to learn more about La Jolla real estate, neighborhoods, developments, prices, and current listings of detached homes, condos, lots and rentals.

Below is a picture of the most expensive property in La Jolla and its view...