2538 Ruette Nicole

2538 Ruette Nicole

Ddirt

La Jolla, CA 92037

$7,990,000
NEW — 0d

Lot Size

0.40 acres

Asking $/Acre

$19,837,241

Days on Market

0

Property Type

Land

HOA/mo

N/A

MLS ID

260026730SD

This property is in La Jolla (92037). View the La Jolla land market →

About This Property

An extraordinary opportunity to build a legacy estate in one of La Jolla's most coveted coastal enclaves. Located within Montoro, an exclusive gated cul-de-sac perched above La Jolla Shores, this approximately 17,545-square-foot (0.40-acre) homesite offers sweeping ocean views, exceptional privacy, and a rare combination of usable land and valuable development entitlements. Featuring an architectural vision by acclaimed designer Sebastian Mariscal, the property offers an exceptional foundation for a one of a kind coastal estate. Unlike many vacant parcels that require years of planning and approvals, this property comes with an approved Coastal Development Permit (CDP) and Site Development Permit (SDP). Grading plans have been approved and grading fees have been paid. The building permit has also been approved, with only the applicable fee payment and formal permit issuance remaining. These significant approvals represent substantial time, expense, and uncertainty already addressed, allowing a future owner to move closer to realizing their architectural vision without starting the entitlement process from scratch. Surrounded by some of La Jolla's most prestigious estates, this exceptional property offers the opportunity to build a custom coastal residence in a private, elevated setting just moments from the beaches, dining, shopping, and lifestyle of La Jolla Shores. This is more than a parcel of land. It's an opportunity to acquire a premier coastal homesite with a distinguished architectural vision and

Location

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Zoned Schools

  • Elementary

    Torrey Pines 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.

Dirt Analysis
Ddirt
208% above comp value
Asking $7,990,000 vs ~$2,597,952 implied by sold-land comps
Lot size
17,545 sqft
Asking $/acre
$19,837,241
Zip median $/acre (sold)
$6,372,549
Comp-implied value
$2,597,952

Benchmarked against 2,889 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.