Recently updated, this stunning modern contemporary residence is
situated on nearly half an acre in La Jolla's desirable Muirlands
Estates. Designed for luxurious living and effortless
functionality, the home is filled with natural light and elevated
by sophisticated finishes throughout. Designed for seamless
indoor-outdoor living, the home opens to a private backyard with a
pool and spa, built-in BBQ area, cedar ceilings, fireplace,
television, and multiple spaces for relaxing and entertaining. The
chef's kitchen features a Wolf gas cooktop, induction Teppanyaki
burners, and an oversized marble-topped island with an integrated
butcher-block work surface. Expansive living spaces are enhanced by
10-foot coved ceilings, a striking limestone fireplace, a newly
added full-home automation system, Frame televisions, and newly
added security cameras. The exceptional primary suite offers dual
bathroom spaces, a large soaking tub, heated floors, and a private
courtyard featuring a dramatic gas fire pit and lush living wall. A
beautiful and bountiful vegetable garden adds to the property's
serene, resort-like setting. Elevator access to all levels.
Additional amenities include an approximately 400-square-foot
casita, gym, media room with projector, space for an executive
office or an additional guest room, and staff room with separate
entry-creating an extraordinary La Jolla residence that blends
modern design, comfort, technology, and privacy with no HOA fees.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Timeless architecture is considered to be designed in such a way that it evokes special feelings, outlasts trends, relevant for many years and masterfully constructed of the finest materials. Once again Pelican Development has delivered in collaboration with EOS Architecture and KSLA to create an inspiring estate. Located on a secure, sprawling half-acre lot in the upper Muirlands of La Jolla, this finished product allows one to live each day enveloped in a true work of art, composed without compromise. The manager has listed the unit size as 7500 square feet.
Jun 2, 2020
No longer available
-
No longer available
Feb 27, 2020
Listed
$8,950,000
Listed
Timeless architecture is considered to be designed in such a way that it evokes special feelings, outlasts trends, relevant for many years and masterfully constructed of the finest materials. Once again Pelican Development has delivered in collaboration with EOS Architecture and KSLA to create an inspiring estate. Located on a secure, sprawling half-acre lot in the upper Muirlands of La Jolla, this finished product allows one to live each day enveloped in a true work of art, composed without compromise. The manager has listed the unit size as 7735 square feet.
Extensive design reflects owners care and interest in this special single level property. Complete privacy and gorgeous city to ocean views. One of the longest private drives in La Jolla leads you to this magical setting on nearly a half acre lot. Neighborhoods: Muirlands Equipment: Dryer,Pool/Spa/Equipment, Washer Other Fees: 0
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Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
Parking Details
Has Garage
Has Carport
Has Open Parking
Parking Features: Concrete, Carport, Direct Access, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Gated, Off Street, Tandem, DoorSingle, Uncovered
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