Pacific Sotheby’s International Realty would like to introduce you to some of our most exciting listings! First, we have an an incomparable beachfront site in La Jolla that consists of .56 acres.
Presented by Suzanne M. Giannella, 858.248.6398
6767 Neptune Place, La Jolla, CA 92037
Priced at $17,950,000
La Jolla is one of the most coveted luxury seaside villages in the world and this site is adjacent to Windansea Beach – a fabulous section of beach that is famous for its surf breaks produced by underwater reefs.
Currently, apartments are located on the site but they are slated to be demolished and the site is fully entitled for 24 luxury condo units. The project has City of San Diego, La Jolla Planning Group and Coastal Commission approvals.
The building will consist of 3 stories not including 2 underground parking levels. The actual living area will total just over 33,000 SF. The architectural style designed by Marengo Morton Architects is contemporary Venturi with green principles and sustainability throughout.
The units themselves will average 1310 SF all consisting of 2 bedrooms and 2 baths and every unit will have an ocean view! The school districts are the coveted La Jolla High, Muirlands Middle and La Jolla Elementary. There are no affordable housing requirements in the complex.
This property is an incredible investment opportunity as any savvy investor knows, there is very little inventory in highly desirable areas and this project is a plum waiting to be picked.