1703 Castellana Rd
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1703 Castellana Rd

C

La Jolla, CA 92037

$3,599,000

Soft Appraisal Value: $3,466,400 · 3.8% above estimate

Beds

5

Baths

3

Sqft

2,320

Year Built

1958

Days on Market

11

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014655SD

This property is in La Jolla (92037). View neighborhood stats →

About This Property

Perched above La Jolla’s iconic coastline, 1703 Castellana Road presents a rare opportunity to own a panoramic view property overlooking the Pacific Ocean, Torrey Pines Golf Course, Blacks Beach, and the surrounding coastal landscape. Situated on an approximately quarter-acre lot in one of La Jolla’s most desirable neighborhoods, this 5-bedroom, 3-bath residence offers approximately 2,300 square feet of living space and an extraordinary backdrop from sunrise to sunset. Expansive windows and outdoor living areas capture sweeping vistas that stretch across the coastline, creating an exceptional setting for everyday living and entertaining alike. The home’s functional floor plan provides generous living spaces, comfortable bedrooms, and seamless indoor-outdoor flow designed to maximize enjoyment of the remarkable views. Whether a buyer chooses to enjoy the home in its current condition or reimagine the property to reflect a modern coastal vision, the possibilities are compelling. Opportunities to acquire a view property with this combination of location, lot size, and panoramic outlook are increasingly rare. Ideally located near world-class beaches, hiking trails, dining, shopping, golf, and all that La Jolla has to offer, 1703 Castellana Road represents a unique chance to create lasting value in one of Southern California’s premier coastal communities Perched high above the coastline in La Jolla’s coveted Muirlands neighborhood, this exceptional residence captures breathtaking panoramic views spanning the Pacific Ocean, whitewater coastline, and the dramatic cliffs of La Jolla and Torrey Pines. Set on an expansive lot, the home offers approximately 2,320 square feet with five bedrooms and three bathrooms, creating an ideal balance of comfort, flexibility, and future potential. Walls of glass frame the spectacular ocean vistas throughout the main living spaces, while an expansive view deck invites seamless indoor-outdoor living and unforgettable sunset gatherings. The spacious living room showcases a striking fireplace and sweeping coastline views that serve as a stunning backdrop to everyday life. The functional floor plan provides generous living areas, abundant natural light, and multiple spaces for family, guests, remote work, or multigenerational living. The kitchen, breakfast area, and several bedrooms enjoy captivating ocean outlooks, creating a constant connection to the coastal setting. Move in and enjoy today, enhance over time, or reimagine the property into a world-class coastal estate. Opportunities to acquire a view property of this caliber in the Muirlands are increasingly rare. Ideally located near La Jolla’s renowned beaches, Village dining and shopping, top-rated schools, and world-class golf, this is Southern California coastal living at its finest.

Mortgage Calculator

Est. Monthly Payment

$22,847

Principal & Interest$18,199
Property Tax$3,599
Insurance$1,050
%($719,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,331
Monthly Cashflow

Rent − PITIA

$-14,517
Full Cashflow

Incl. vacancy, PM, maint, capex

$-19,432

Mortgage (P+I)
$18,199
Cap Rate
-0.41%
Cash-on-Cash
-32.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$33,567

NOI (Annual)
$-14,800
Price-to-Rent

Lower = better for investors

36.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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