7727 Lookout Dr, La Jolla, CA 92037

5 beds4 baths2,620 sqft Edit

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Sold: $3,500,000
Sold on 05/31/13
Zestimate®: $3,381,438
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My Notes

Edit
Fabulous opportunity to purchase this former estate(~.84 ac.) with 4 legal parcels, one of which has a 1937 Cliff May, 5BD/4BA 2, 600sqft. home in need of complete restoration. Has historic designation from the City without Mills Act. Potential for North Shore white water views! Parcel lot lines can be adjusted, best to build one house on pcls 4/5 and build new on pcl 2. Cliff May house (pcl 1) is expandable. All subject to City approvals.

Facts

  • Lot: 0.84 acres
  • Single Family
  • Built in 1936
  • Views: 5,643 all time views
  • Cooling: Other
  • Heating: Other
  • Last sold: May 2013 for $3,500,000
  • Last sale price/sqft: $1,336

Features

  • Flooring: Other
  • Parking: 8 spaces
  • Patio

Construction

  • Roof type: Other
  • Stories: 1
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 2,620 sqft
  • Heating: Other
  • Last remodel year: 1936
  • Parcel #: 3520121600
  • Zillow Home ID: 16851253

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$3,381,438
-$177,841 Last 30 days
$3.08M
$4.40M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$8,908/mo
+$95 Last 30 days
$2.9K
$18K
Zestimate range

Popularity on Zillow

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5,643 all-time views
of this home (chart)
682 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $2.5-4.7M.

$2.19M
$5.0M

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Market guide

Zillow predicts La Jolla home values will decrease 0.5% next year, compared to a 3.5% increase for San Diego as a whole. Among La Jolla homes, this home is valued 140.4% more than the midpoint (median) home, and is valued 105.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In La Jolla, the number of foreclosures waiting to be sold is 157.4% greater than in San Diego, and 15.2% higher than the national average. This higher local number may prevent La Jolla home values from rising as quickly as other regions in San Diego.

Learn more about forecast calculations or La Jolla home values.
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