It's December 31st, 2020 and the year has finally come to an end. 2020 will go down as one of the most challenging years and we are very blessed that the real estate market in La Jolla continued to be very strong with some stunning ocean front homes selling this year. The three highest sales in 2020 range from $17,800,000 to $24,700,000 with all three of them located on the oceanfront. The highest sale this year occurred at 8466 El Paseo Grande which was a five bedroom ocean front home that offered an approximate 6,071 square feet of two levels according to our multiple listing service. This sold for the full asking price of $24,700,000 which closed several days ago on 12/22/20. It was on the market for a total of 138 days and was located in the premier neighborhood of La Jolla Shores. One of the reasons for the sale was it was newly built in 2020 and offered wonderful craftsmanship as can be seen in the photo below.
The second highest sale took place at 5220 Chelsea Street which sold for $19,250,000 from the original list price of $19,995,000. This was a very quick sale that closed on 9/22/20. The property featured 7 bedrooms with an approximate 7,569 square feet with a 9 car garage and built in 2020 according to our multiple listing service. This was also an ocean front location with clean Contemporary lines and spectacular views.
The third highest sale was located at 302 Vista De La Playa in La Jolla. The home closed at $17,800,000 on 06/17/20 and was originally listed at $22,000,000. The six bedroom home offered an approximate 7,065 square feet with an attached two car garage according to our multiple listing service. This property was built in 1990 and was also located on the ocean front with spectacular ocean views as pictured below. The walls of glass seems to perfectly capture the view with elegant living quarters. We are looking forward to 2021 and hope to see more extraordinary homes being sold this year. If you are thinking about buying or selling in the La Jolla area please contact our local real estate agents at 858-200-7562. The properties featured below are the most expensive La Jolla homes on the market for sale right now.
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Listing information last updated on February 25th, 2021 at 8:00am CST.