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La Jolla Villa up for Auction

Image from sheldongood.com
Image from sheldongood.com

It's a name-your-own-price auction for an 8400-square-foot custom villa perched on a 140-foot wide oceanfront bluff in La Jolla.

New York-based real estate auctioneer Sheldon Good & Company is looking for buyers who might be interested in owning the property, previously listed at $18 million. Bids for a sealed-bid auction are due October 11 on this "extraordinary playground," as it states on the company’s website.

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In addition to the views, the house at 5490 Calumet Avenue offers an exercise pool, a five-hole putting green with an eco-friendly driving range (meaning, presumably, the golf balls are caught in a net to prevent them from reaching the ocean), a raised spa with waterfalls, swim-up bar, wine cellar, outdoor kitchen, and home theater.

Should this sound like the home of your dreams, one can schedule an appointment to view it on October 7, according to sheldongood.com.

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Image from sheldongood.com
Image from sheldongood.com

It's a name-your-own-price auction for an 8400-square-foot custom villa perched on a 140-foot wide oceanfront bluff in La Jolla.

New York-based real estate auctioneer Sheldon Good & Company is looking for buyers who might be interested in owning the property, previously listed at $18 million. Bids for a sealed-bid auction are due October 11 on this "extraordinary playground," as it states on the company’s website.

Sponsored
Sponsored

In addition to the views, the house at 5490 Calumet Avenue offers an exercise pool, a five-hole putting green with an eco-friendly driving range (meaning, presumably, the golf balls are caught in a net to prevent them from reaching the ocean), a raised spa with waterfalls, swim-up bar, wine cellar, outdoor kitchen, and home theater.

Should this sound like the home of your dreams, one can schedule an appointment to view it on October 7, according to sheldongood.com.

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Comments

Someone tell them this is not 2006 anymore, and prices are not $18 Million, nor $15 million, not even $12 million..I predict a sub $10 million sales price.

Oct. 6, 2012

Sub $10 mil? I don't know. Mrs. Romney might want to pick something up for the kids. But I think you are right about the price range and considering it is an auction, I'll go with $7 - 9 mil.

Oct. 6, 2012

It's an auction in name only. These so called home auctions have reserves that are the bottom line. List price is $13 million. No way. It is a beautiful home with ocean view frontage, but it has no beach to it, just the view (and cliff). I love the home, but how many people can truly use a home theater with 26 seats??????

Oct. 7, 2012

Sooo can anyone give me a no income no asset loan for about $10 million???

Oct. 7, 2012

LOL...us usually on ythese top of the market sales they are all cash deals.

Oct. 7, 2012

If I can find the several million dollars I thought was laying around my crib, then maybe I might just make an offer and host snooty La Jolla Rave parties to recoup my investment.

Oct. 7, 2012
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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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