7716 Lookout Drive
CLa Jolla, CA 92037
Beds
3
Baths
3
Sqft
3,186
Year Built
1937
Days on Market
—
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2606728
This property is in La Jolla (92037). View neighborhood stats →
About This Property
The iconic Lowry McClanahan/Thomas Shepherd Residence is available — an architectural jewel and historically designated landmark (HRB No. 710), complete with a Mills Act agreement for significant property tax savings. Tucked away on a quiet street in the esteemed La Jolla Hills and designed in 1936 by Master Architect, Thomas Shepherd, this Colonial Revival estate has been lovingly restored, offering timeless elegance across a generous .33-acre lot framed by lush privacy hedges and manicured gardens. Every detail of this home speaks to its pedigree — from the original oak flooring, intricate millwork, and built-ins, to the natural light that fills each carefully curated space. The main level offers a versatile layout ideal for modern living and entertaining. The grand living room features classic wainscoting, an original masonry fireplace, and French doors that open to a serene loggia with views of the expansive backyard. A charming formal dining room with bay window and corner built-ins flows into a beautifully updated chef’s kitchen and butler’s pantry, complete with creamy white cabinetry, Corian countertops, paneled appliances, and a walnut-topped center island. Step onto the elevated entertaining deck or enjoy alfresco dining surrounded by roses below. Upstairs, three spacious bedrooms and two full baths include a private primary suite with dual walk-in closets and a sun-drenched en-suite bath. A cozy den, powder room, and rare basement/utility space add to the home’s function and charm. 7716 Lookout Drive is more than just a residence — it’s a legacy. A rare offering to own a masterwork of La Jolla’s architectural heritage and create the next chapter in its storied history.
Mortgage Calculator
Est. Monthly Payment
$33,328
Comparable Properties
5 comps foundThis Property
$7,898
Comp Average
$7,679
5537 Bellevue Avenue
3bd / 2.5ba · 1,818 sqft · Single Family
$3.15M
Est. $7,898/mo
2045 Avila Ct
3bd / 3ba · 2,834 sqft · Single Family
$3.20M
Est. $7,893/mo
370 Nautilus St
3bd / 3ba · 1,429 sqft · Single Family
$3.30M
Est. $7,613/mo
744 Bonair St
3bd / 3.5ba · 2,916 sqft · Single Family
$3.45M
Est. $7,680/mo
La Jolla
3bd / 2ba · 1,280 sqft · Single Family
$3.49M
Est. $7,310/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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