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SDNews.com
Home La Jolla Village News

Making waves in La Jolla real estate market

Tech by Tech
September 1, 2011
in La Jolla Village News
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Making waves in La Jolla real estate market

Coldwell Banker Residential Brokerage La Jolla has widened its imprint in San Diego County’s luxury residential real estate market with the closed sale of a 6,039-square-foot oceanfront home for an undisclosed amount and with a listing price of $13.9 million. According to the Multiple Listing Service, the deal marks the highest purchase price for a residential property in San Diego County this year, eclipsing the previous high of $8 million. Additionally, the sale marks the first oceanfront property sold in La Jolla this year. The four-bedroom home sits on sprawling grounds in La Jolla with panoramic ocean views. Sarah Flynn Tudor of Coldwell Banker Residential Brokerage in La Jolla represented the buyer in the landmark property sale. In addition to the record-setting oceanfront sale, the former two-story oceanfront home of famed scientist Roger Revelle, father of the global warming theory, has been re-introduced to the market by Coldwell Banker La Jolla’s Linda Marrone in the Barber Tract neighborhood of La Jolla for $12.5 million. The property, aptly coined “Casa del Lido” (Home on the Beach), offers five bedrooms, four bathrooms and a fascinating family legacy that spans across 90 years. Coldwell Banker La Jolla has also listed another notable oceanfront property slated to hit the market in the coming weeks. Nestled in the coveted Bird Rock neighborhood of La Jolla, the five-bedroom, 7 1/2-bathroom home is listed with a price tag of about $7.5 million and is located next door to the current site of where MTV’s “The Real World” is currently being filmed. The luxury home boasts 90 feet of ocean frontage, about 6,733 square feet of living space and expansive windows in each room with ocean views. “We wanted to make sure the filming next door had been completed and our listing was staged to perfection before offering the home for sale,” said agent Maria Weiss of Coldwell Banker Del Mar, who is sharing the listing with Irene McCann of Coldwell Banker La Jolla. “There are a lot of bright lights the film crew requires for the taping, and we just want to make sure we showcase the home and neighborhood in its natural environment, away from the attention-grabbing scene going on next door during the filming.” Located in the heart of the Village of La Jolla, Coldwell Banker Residential Brokerage has been involved with the home sales and purchases of some of the country’s most luxurious properties through its acclaimed Previews International® program. For more information, contact branch manager Jeffrey Nunn at (858) 602-8880, or by email at [email protected].

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