231 Bonair St
1 / 20

231 Bonair St

D

La Jolla, CA 92037

$7,695,000
NEW — 2d

Soft Appraisal Value: $7,227,200 · 6.5% above estimate

Beds

3

Baths

3.5

Sqft

2,598

Year Built

2007

Days on Market

2

Property Type

Condo

HOA/mo

$859

MLS ID

260011135SD

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

Virtual Tour

About This Property

Welcome to a coastal sanctuary and rare opportunity to own an extraordinary penthouse residence above Windansea Beach in La Jolla. Offering panoramic, unobstructed ocean views this residence spans nearly 2,600 sq. ft. and combines timeless sophistication with modern elegance. Bathed in natural light, the open-concept layout flows effortlessly between living, dining, and entertaining spaces. The chef’s kitchen was designed for beauty and performance featuring a six-burner Wolf range, dual Miele ovens, a 25-bottle wine refrigerator, and sleek custom cabinetry. The home offers 4 distinct dining areas. Whether it’s an intimate breakfast indoors, sunset dining on the terrace, casual bites at the oversized kitchen island, or hosting guests in a more formal setting, the layout offers flexibility and intention for every occasion. The main living area opens to an expansive oceanfront terrace, complete with lounge seating, gas fire pit, built-in grill, and dining area. A second balcony leads to an outdoor shower and path for easy beach access. Retractable glass walls dissolve the boundary between indoors and out, inviting in the sound of waves and ocean breeze. Three spacious en-suite bedrooms, a well-appointed powder room, three interior fireplaces, and warm architectural details throughout contribute to the home’s inviting yet elevated ambiance. Perched above one of La Jolla’s most iconic stretches of coastline, this penthouse is at once a tranquil retreat and a bold statement in coastal design—an irreplaceable property that captures the very essence of Southern California living. This beautiful residence is also available for rent and has consistently produced great tenants. Asking $35K for a 3 months or $25K for 12 month minimum.

Mortgage Calculator

Est. Monthly Payment

$49,708

Principal & Interest$38,910
Property Tax$7,695
Insurance$2,244
HOA$859
%($1,539,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$7,728
Monthly Cashflow

Rent − PITIA

$-41,980
Full Cashflow

Incl. vacancy, PM, maint, capex

$-50,170

Mortgage (P+I)
$38,910
Cap Rate
-1.76%
Cash-on-Cash
-39.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.16
Break-even Rent
$72,884

NOI (Annual)
$-135,119
Price-to-Rent

Lower = better for investors

83.0

* 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.

Get Expert AnalysisOpen Full Calculator