
1205 Muirlands Dr
Dbottom 20%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
20 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 10, 2026.
Pass at asking: -$159,852/mo full cashflow at 20% down, 7.43% rate.
Works at $3,182,211 (87% under asking); even all cash loses money at asking.
Rent $31,741/mo from 9 leases of houses within 0.5 mi, same school area, size-adjusted ($28,435–$34,432).
Beds
8
Baths
11
Sqft
14,768
Year Built
1929
Days on Market
90
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019577SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
A $3 MILLION SIGNIFICANT REPOSITIONING OF AN ICONIC CALIFORNIA ESTATE! THE VERSAILLES OF LA JOLLA One of California’s great private estates is now available for sale! A once-in-a-generation opportunity to acquire one of California’s truly great estates. There are beautiful homes. There are extraordinary homes. And then there are estates that transcend real estate—properties that become part of the architectural and cultural fabric of a place. The Versailles of La Jolla is one of those estates. Commanding an extraordinary setting in the coveted Muirlands, this magnificent historic estate offers an exceptional combination of architectural pedigree, extraordinary scale, privacy, resort-style amenities, and panoramic Pacific views. Designed by esteemed architect Edgar Ulrich, the residence is a remarkable expression of European elegance infused with a distinctly California sensibility. Its architectural and historical significance is further distinguished by its coveted Mills Act designation. Thoughtfully expanded and modernized by the current owner in collaboration with Island Architects, the estate preserves its historic character and original charm while providing the sophistication, comfort, and livability expected of a world-class private residence. A ONCE-IN-A-GENERATION OPPORTUNITY TO OWN ONE OF CALIFORNIA'S MOST EXTRAORDINARY PRIVATE ESTATES A LEGACY IN LANDSCAPE Set on approximately 2.65 irreplaceable acres, the grounds are an extraordinary estate within the estate. Inspired by the grandeur of Balboa Park and associated with the landscape vision of legendary horticulturist Kate Sessions, the “Mother of Balboa Park,” the gardens unfold through mature landscaping, formal gardens, secluded pathways, terraces, and exceptional outdoor entertaining spaces. Then there is the view. Sweeping, uninterrupted panoramas stretch across the Pacific and along the California coastline, with spectacular ocean vistas and extraordinary sunsets providing a breathtaking backdrop from the property. The setting is simply irreplaceable. A PRIVATE RESORT Designed as a private resort, The Versailles of La Jolla offers an extraordinary collection of amenities rarely found within a single residential estate. A magnificent saltwater pool and spa anchor the grounds, complemented by a luxurious pool cabana with full kitchen and bath. A regulation tennis court provides a private venue for competitive play or leisurely matches. Two beautifully appointed guest residences offer exceptional accommodations for family, friends, distinguished guests, or staff—creating privacy and flexibility rarely possible within a single residential compound. THE ART OF ENTERTAINING Inside, the estate rivals the finest private clubs. A spectacular Hollywood-style theater, expansive game room, and sophisticated billiard and bar lounge create extraordinary spaces for entertaining. A dedicated music room and study provide an inspiring environment for creativity, work, or quiet reflection. The chef’s kitchen, outfitted with top-tier appliances, combines exceptional functionality with refined design. A gracious formal sitting room offers an elegant setting for intimate entertaining and conversation. For the ultimate enthusiast, a state-of-the-art golf simulator brings the game home, adding another dimension to this remarkable private resort. Grandly proportioned interiors, soaring ceilings, exquisite architectural detailing, and expansive walls of glass further elevate the residence, while the seamless connection between interior spaces and the extraordinary grounds embraces the quintessential La Jolla lifestyle.
Mortgage Calculator
Est. Monthly Payment
$164,296
Location
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Zoned Schools
Elementary
La Jolla Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$31,741
Comp Average
$23,085
5416 Candlelight Dr
8bd / 10.5ba · 12,509 sqft · Single Family
$30.00M
Est. $22,740/mo
7138 Romero Loop
7bd / 9ba · 12,795 sqft · Single Family
$27.50M
Est. $25,320/mo
1410 Inspiration Drive
6bd / 7ba · 11,404 sqft · Single Family
$26.50M
Est. $29,050/mo
5833 Rutgers Rd
6bd / 7ba · 8,586 sqft · Single Family
$18.50M
Est. $19,189/mo
8421 Whale Watch Way
6bd / 7.5ba · 8,218 sqft · Single Family
$20.50M
Est. $19,128/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of houses within 0.5 mi, same school area, size-adjusted · $28,435–$34,432
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$159,852/mo short at 20% down; +$207,599/mo rent closes it.
- Break-even price
- $3,182,211
- Break-even rent
- $239,340/mo
- Cashflow at 35% down
- −$134,857/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
87% under asking
$207,599/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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