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Listed by Willis Allen Real Estate, Drew Nelson, Listing Contact: 858-215-3739 
8 Beds
5 Baths
3,944 sqft

$9,995,000

1303 Cave Street, La Jolla CA, 92037

Price per sqft$2,534.23
Built in1935
Property size3,944 sqft
Property typeResidential

Overview

Active

Listed Dec 3, 2025

Updated 4 weeks ago

Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the option to transform it into a single-family estate, a multi-generational compound or to upgrade and maintain the multi-unit rental asset. The property consists of five separate residences across two connected structures - a 3BR/2BA, a 2BR/1BA, a 1BR/1BA and two studios - situated above four single-car garages and centered around a private courtyard. These existing improvements can provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the lands extraordinary combination of location and elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project - an architectural jewel at the entrance to the iconic Cove and Scripps Park - that simply cannot be replicated in todays landscape.

$66,497/mo

Est. mortgage payment based on a $9,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
NDP2511218

Interior Features

Bedrooms
8
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
View
Yes

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