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$7,990,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision La Jolla
MLS Listing ID 260026730
HOA Fees $5,000/Semi-Annually
Lot Size 0.403 Acres
Property Sub-Type Lots/Land
Type of Financing Cash,Conventional
Property Type Lots/Land
Property Description
An extraordinary opportunity to build a legacy estate in one of La Jolla's most coveted coastal enclaves. Located within Montoro, an exclusive gated cul-de-sac perched above La Jolla Shores, this approximately 17,545-square-foot (0.40-acre) homesite offers sweeping ocean views, exceptional privacy, and a rare combination of usable land and valuable development entitlements. Featuring an architectural vision by acclaimed designer Sebastian Mariscal, the property offers an exceptional foundation for a one of a kind coastal estate. Unlike many vacant parcels that require years of planning and approvals, this property comes with an approved Coastal Development Permit (CDP) and Site Development Permit (SDP). Grading plans have been approved and grading fees have been paid. The building permit has also been approved, with only the applicable fee payment and formal permit issuance remaining. These significant approvals represent substantial time, expense, and uncertainty already addressed, allowing a future owner to move closer to realizing their architectural vision without starting the entitlement process from scratch. Surrounded by some of La Jolla's most prestigious estates, this exceptional property offers the opportunity to build a custom coastal residence in a private, elevated setting just moments from the beaches, dining, shopping, and lifestyle of La Jolla Shores. This is more than a parcel of land. It's an opportunity to acquire a premier coastal homesite with a distinguished architectural vision and
Location
State CA
County San Diego
Community Biking/Hiking Trails, Pool, Tennis Courts
Area Coastal South
Interior
Fireplace No
Exterior
Fence Gate
View Y/N Yes
View Evening Lights, Greenbelt, Mountains/Hills, Ocean, Panoramic Ocean, Valley/Canyon
Present Use Residential
Others
HOA Fee Include Common Area Maintenance,Gated Community
Senior Community No
Tax ID 346-831-44-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Erika M Borunda, DRE#01963227 Compass California III, Inc.
Nearby School & Business
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