682 Palomar Ave, La Jolla, California 92037, La Jolla, - bed, bath

home-pic
ACTIVE$9,900,000
682 Palomar Ave, La Jolla, California 92037
6Beds
9Baths
7,618Sqft
42,688Lot
Year Built
2024
Close
-
List price
$9.9M
Original List price
$9.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
230022980SD
Home ConditionExcellent
Features
Excellent View: Ocean
Pool
Patio
ViewOcean

About this home

Welcome to coastal sophistication at its finest in La Jolla's newest exclusive enclave of homes. Designed & built by Archbel Builders, this home seamlessly blends modern elegance with timeless charm, offering breathtaking ocean views and top-notch craftsmanship. Step inside to discover a bright, airy interior filled with natural light pouring through expansive windows. The high ceilings amplify the sense of space, connecting the indoors with the serene outdoor surroundings. Outside, a custom-designed pool with a captivating water feature beckons relaxation and leisure. This residence is a harmonious blend of refined design and comfort, providing a serene sanctuary for everyday living.

Price History

Date
Event
Price
11/27/23
$9,900,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (146 Listings)
Beds64
94%
Baths94
96%
Square foot7,6182,672
95%
Lot Size42,68814,108
71%
Price$9.9M$3.5M
94%
Price per square foot$1,300$1,371
41%
Built year20241976
97%
HOA
Days on market708168
93%
Condition Rating
Excellent

This property was built in 2024, making it a brand new construction. The description highlights 'newest exclusive enclave,' 'top-notch craftsmanship,' and 'modern elegance.' Images showcase a pristine, contemporary kitchen with high-end finishes and stylish light fixtures, new hardwood flooring throughout, and a custom-designed pool area. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Premier La Jolla Location: Situated in an exclusive enclave within La Jolla, one of Southern California's most prestigious and highly sought-after coastal communities.
Brand New Construction & Superior Craftsmanship: Built in 2024 by Archbel Builders, ensuring modern design, top-notch craftsmanship, and minimal immediate maintenance needs.
Breathtaking Ocean Views: Offers stunning, unobstructed ocean views, a premium and highly desirable feature that significantly enhances property value and appeal.
Luxury Amenities & Design: Features a custom-designed pool with a captivating water feature, bright and airy interiors, expansive windows, and high ceilings, catering to a high-end lifestyle.
Exceptional Size & Layout: Boasts a generous 7,618 sqft of living space with 6 bedrooms and 9 bathrooms, set on a substantial 42,688 sqft lot, providing extensive room and privacy.

Cons

Ultra-Luxury Price Point: The $9.9 million asking price positions this property in a very exclusive market segment, significantly narrowing the potential buyer pool.
Extended Market Time: Being on the market since November 2023 (over 6 months) for a brand new, high-end property could indicate price resistance or a very specific buyer profile is needed.
High Ongoing Ownership Costs: As a luxury property in La Jolla, it will incur substantial annual property taxes and potentially significant HOA fees, adding to the total cost of ownership.

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