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La Jolla Real Estate Spotlight

 

Welcome to our La Jolla Real Estate Spotlight.

The words “La Jolla” derive from the Spanish translation of “The Jewel”. A perfect way to describe an affluent, hilly, seaside community near San Diego.

Known as a “Seaside Village” so beautiful that it inspires artists for decades. (Source)

Enjoy a lifestyle of casual, relaxed luxury in a picturesque village.

 

La Jolla Real Estate Facts

 

Nicknamed the “Jewel City”.

La Jolla pronounced “La-HOY-a”.

La Jolla takes up over 7 miles of curving Pacific Ocean coastline.

Located on a hill named Mount Soledad.

11 miles distance from downtown San Diego surrounded by three sides of beaches and ocean bluffs. Estimated travel time of 20 minutes driving 40 mph.

La Jolla bordered by Del Mar, extending along the Pacific Ocean shoreline to Pacific Beach.

La Jolla only a coastal neighborhood and not a city. (Source)

Home to several renowned educational institutions like:

 

La Jolla Real Estate Neighborhoods

 

Its neighborhoods include:

 

La Jolla Real Estate Market 2020

 

According to a La Jolla Light news article: “San Diego will become a hot home market in California in 2020.” (Source)

 

Redfin describes the La Jolla real estate market in 2020 as:

  • “Somewhat Competitive” earning 42 points out of 100;
  • Homes selling around 3% below list price;
  • Listed homes remain pending for about 70 days;
  • Hot homes sell below list price and go pending for 26 days;
  • The average sales price in January 2020 = $1.53 million; and
  • Average sales price per square foot = $749.

 

Movoto claims the La Jolla real estate market in 2020 as:

  • Median list price = $2.45 million;
  • Median home size = 2,665 square feet;
  • The median list price rose by 3% from January to February 2020; and
  • Median list price by square foot = $924 in February 2020 up from $893 in January.

 

Zillow reports the La Jolla real estate market in 2020 as:

  • Median home value = $1.55 million;
  • Median list price per square foot = $823;
  • Home values grew by 3.5% over the past year; and
  • Predicts a rise of 4.1% within the next year.

 

Awhile back, we published photos of mansions in La Jolla here.

Also, we published posts about:

  • Villa La Jolla Condos here; and
  • Regents La Jolla Condos here.

 

Got Questions?

 

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La Jolla Attractions

 

la jolla real estate spotlight

 

The Mount Soledad Christian Cross stands on an 822 feet hill in the eastern side of La Jolla. Erected in 1913, as a prominent landmark. Twice replaced, with the final 29-foot cross erected in 1954. Finally, a war memorial built around it and named the “Mount Soledad Veterans War Memorial”.

La Jolla Playhouse founded by Hollywood actors Gregory Peck, Mel Ferrer, and Dorothy McGuire in 1947. By 1959, it closed but revived in 1983 as part of the UCSD campus. Three theaters exist on the property: Potiker Theater, Mandell Weiss Forum, and the Mandell Weiss Theatre.

Museum of Contemporary Art of San Diego since 1941 formerly the home of Ellen Browning Scripps. It includes a permanent collection of over 3,000 post-1950 American and European works of art.

 

La Jolla Beaches

 

So many beaches in La Jolla to enjoy, including:

 

La Jolla Things To Do

 

la jolla real estate spotlight

 

Downtown La Jolla for boutiques, jewelry stores, upmarket hotels, and restaurants.

Torrey Pines Golf Course which hosts a major PGA Tour since 2010 either in January or February. In 2021, it hosts the U.S. Open.

20 Free things to do in La Jolla list here.

Kayaking in the La Jolla Ecological Preserve.

Top activities in La Jolla listed here.

View a La Jolla daily events calendar here.

 

La Jolla Restaurants

 

The La Jolla community organization publishes a guide to the best food in the area. Their best recommendations include:

Hennessey’s La Jolla, an Irish joint serving traditional Irish cuisine. But, their famous Moo Cluck Oink! Burger comes with a fried egg, cheddar cheese, and crispy bacon.

Public House, offering great burgers and local craft beers.

Torrey Pines, tucked-away behind the Whole Foods Market offers casual dining and a great place to hang out and drink good beers.

Sushi Mori, at La Jolla Shores for the best sushi.

James’ Place, offers unique Asian Fusion near the UCSD campus.

Galaxy Taco, for a unique spin on classic tacos. Try their mushroom tacos or grilled octopus tostadas, or the avocado tostada with chapulines.

Jose’s, for their Mexican cuisine including carne asada tacos, pollo asado, grilled mahi-mahi tacos served with a pitcher of margaritas.

Catania, for the best Italian cuisine offering a patio with ocean views.

Piatti, comes in 2nd for Italian food in a cozy space on the La Jolla Shores.

Cusp Dining & Drinks for the best fresh seafood located in the La Jolla Hotel.

Café La Rue on Prospect for the best French cuisine located inside La Valencia.

The Shores Restaurant offers the best ocean views offering a modern flair California cuisine.

The Marine Room came in 2nd place for ocean views with waves crashing against the floor to ceiling windows offers and exciting dining experience.

 

La Jolla Schools

 

 

Served by the San Diego Unified School District. The main schools earning high ratings by the Great Schools Organization include:

Bird Rock Elementary rated 10 (out of 10) teaching grades K-5 to around 450 students with students rated a 10 for Test Scores and Equity. Also, rated a 9 for Academic Progress.

La Jolla Elementary School also rated a 10 teaching grades K-5 to around 570 students with students receiving a 10 for Test Scores, Equity, and Low-Income students.

Muirlands Middle School rated a 9 teaching grades 6-8 to about 920 students with students rated a 10 for Test Scores. Also, their students rated an 8 for Equity, Low Income, and Academic Progress.

Preuss School, a public charter school rated a 9 overall. Also, rated a 9 for Test Scores, Equity, and Low-Income students.

La Jolla High School rated a 9 overall teaching grades 9-12 to around 1,400 students. Plus, a 10 for College Readiness and a 9 for Test Scores.

The Bishop’s School, a prep school receiving high ratings from parents, but private schools not rated by the Great Schools Organization.

 

Conclusion

 

Our La Jolla real estate spotlights “The Jewel” of the San Diego area.

A beautiful seaside village inspiring artists for decades.

Residents enjoying a relaxed luxury with a casual lifestyle. Perched on Mount Soledad and winding for over 7 miles of curving Pacific Ocean coastline.

Its famous cross and veteran’s memorial along with three theaters and a renowned contemporary art museum provide a culture for its residents and visitors.

Seven popular beaches provide all the outdoor activities a family needs.

A world-class championship golf course along with several sources for news about the many free things to do provides entertainment for the whole family.

Local community organizations publish guides to the best restaurants in La Jolla. The diversity of cuisines include Asian, French, Irish, Italian, Mexican, fresh seafood, local craft beers, sushi, and gourmet burgers.

Local schools boast high rankings from the Great Schools Organization including two elementary schools rated a 10. Also, a middle school, a charter school, and the high school all rated a 9.

Home to four higher education institutions.

The La Jolla real estate market in 2020 provides homes ranging from $1.5 million to $2.45 million. Home values grew by at least 3% over the past year.

Contact Us to find your ideal home in La Jolla, “The Jewel” of the greater San Diego area.

Steven Rich, MBA – Guest Blogger

 

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Steven Rich, MBA

Steven Rich, MBA

Steven Rich, MBA has been involved in the real estate industry for over 30 years. As an investor, real estate agent, associate editor of a real estate magazine, a real estate marketing expert, a Wikipedia real estate article author, and as a writer.