ActiveResidential · sale

1828 Spindrift Dr

La Jolla, CA 92037

$21,500,000

  • 5 beds
  • 8 baths
  • 10,715 sq ft
  • 0.54 acres
  • Built 2010

Listed by Compass · MLS #260017734SD

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1828 Spindrift Dr, La Jolla, CA 92037 · MLS #260017734SD

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2010.

Garage parking

4 garage spaces listed.

Property size

0.54 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Perched atop La Jolla's coveted Billionaire's Bluff, and adjacent to the highest sale in San Diego's history ($57 million), this extraordinary oceanfront estate is one of only eight residences privileged to occupy one of California's most exclusive stretches of coastline. Recently refreshed and impeccably presented, the property showcases breathtaking panoramic ocean views spanning from La Jolla Cove to Scripps Pier and north to Dana Point, creating an unforgettable backdrop from nearly every principal room. Completed in 2010 after being meticulously crafted over the course of nearly a decade, the residence blends timeless architecture with enduring quality and modern luxury, creating an unrivaled coastal compound just steps to direct beach access to the golden sands of La Jolla Shores. Given today's stringent coastal development regulations, a legacy estate of this scale, prominence, and oceanfront positioning could likely never be replicated, making it an exceptionally rare offering for generations to come. Designed for both grand entertaining and effortless everyday living, the estate offers an exceptional main residence complemented by an expansive detached 2 suite guest residence, delivering a true luxury compound experience with remarkable privacy. Resort style amenities include a spectacular saltwater pool and spa, an impressive game room featuring a two lane bowling alley, a private theater, fitness studio, billiards lounge, and countless spaces designed for recreation and relaxation. Completely concealed behind gates and surrounded by mature landscaping, the home enjoys an extraordinary sense of seclusion while embracing one of the most captivating settings on the California coast. The chef's kitchen is equipped for the most discerning culinary enthusiast with professional grade appliances, multiple ovens, specialty cooking stations, wine and beverage refrigeration, and every convenience expected in a world class residence. Luxurious guest suites, each thoughtfully appointed with spa inspired baths and private amenities, ensure exceptional comfort for family and visitors alike. A comprehensive smart home system seamlessly controls security, lighting, climate, window coverings, and entertainment, while around the clock surveillance and gated entry provide complete peace of mind. Outside, the ever changing scenery of crashing waves, passing dolphins, seabirds, kayakers, and spectacular sunsets transforms every day into a remarkable coastal experience. Offering an unmatched combination of location, privacy, amenities, architectural significance, and scale, this is a once in a generation opportunity to own one of the few estates on La Jolla's Billionaire's Bluff where direct beach access, commanding oceanfront views, and an extraordinary lifestyle come together in one truly iconic residence.

THE NEIGHBORHOOD

Explore the location.

1828 Spindrift Dr, La Jolla, CA 92037

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LOCAL MARKET CONTEXT

San Diego County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$917,223Up 1.4% vs. the previous 12 months
Months of supply2.712-month average
Days on market3312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2010
Full baths
5
Half baths
3
Garage spaces
4
Cooling
CentralAir,Zoned
Heating
ForcedAir,Fireplaces,NaturalGas
Appliances
Barbecue,ConvectionOven,CounterTop,Dishwasher,Disposal,Microwave,Refrigerator,RangeHood,TrashCompactor
Fencing
StuccoWall
Pool
No
Pool features
GasHeat,Heated,InGround
Spa
No
Subdivision
La Jolla
Parcel
3464401100

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$89,583.33
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #260017734SD · California Regional MLS

Listing brokerage: Compass
Listing agent: Elliott Ahajanian

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.