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

They wanted to rent this joint for $25,000 a month

“Ever changing views of a million points of light on the water.”
“Ever changing views of a million points of light on the water.”

Current Owners: Daly Family Trust

Bedrooms: 5

Baths: 9

Price: $15,750,000

Prospective buyers of the waterfront mansion on San Diego Bay at 2905 Nichols Street in the La Playa neighborhood of Point Loma are invited to be “welcomed like a warm embrace” when visiting.

Built in 1928, the property comprises two lots totaling approximately three quarters of an acre, with a 6900-square-foot main residence with garage, guest/maid quarters, and a detached bathhouse.

The main home was designed by architect William Templeton Johnson, noted for crafting the plans for La Jolla’s La Valencia Hotel and Balboa Park’s Museum of Art and Natural History Museum, as well as several other local landmarks.

The second-level master suite features dual his-and-hers bathrooms, as well as a private balcony with “ever changing views of a million points of light on the water,” from Shelter Island to the downtown skyline and Coronado.

The entire home has been “meticulously renovated” to offer “limitless entertaining pleasures,” including a water-view formal dining room as well as a separate “morning room” atrium set up for dining, family/game room, wine cellar, gourmet kitchen, and several outdoor entertaining areas.

Herringbone parquet in the dining room

Antique architectural details include hand-painted exposed beams in the living room, herringbone-patterned wood floors in the dining room, and a mahogany-paneled library/study.

Outside, the gated estate features “rolling lawns and pristine gardens” as well as a private tennis court and boat dock. A bathhouse is sited near the water’s edge.

“You will feel transported by the romance of this precious property,” promise listing materials, “life lived surrounded by beauty in every direction is a dream actualized.”

Map

2905 Nichols Street, Point Loma, 92106

2905 Nichols Street, Point Loma, 92106

Due to the home’s historic status, it qualifies for reduced property taxes under the Mills Act, written by former local state assemblyman and historic preservationist James Mills to promote the maintenance and restoration of historically designated buildings. Assessed property taxes in 2014 were just over $11,000, though the home’s most recently published sale price of $6.3 million in 2011 would suggest an annual tax rate well north of $70,000.

Tax records show the property is owned by the Daly family of La Jolla, though it’s not in use as a personal residence.

The home has been offered for rent several times in recent years, with the previous owners asking as much as $25,000 per month in 2010. The price had been lowered to $10,000 a month for listings in 2013 and 2014, though there do not appear to have been any takers at the reduced rate.

Most recently, the estate was offered for sale in late September 2014. The asking price of $15,750,000 remains unchanged to date.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

The massive, small molcajete at La Sinaloense

How regionally inspired mariscos fill a restaurant patio in La Presa
Next Article

Roy Campbell: friends and supporters from George Orwell to Dylan Thomas to J.R.R. Tolkien

Critics such as Joseph Pearce, Roger Scruton and Jorge Luis Borges have sought to resuscitate his reputation
“Ever changing views of a million points of light on the water.”
“Ever changing views of a million points of light on the water.”

Current Owners: Daly Family Trust

Bedrooms: 5

Baths: 9

Price: $15,750,000

Prospective buyers of the waterfront mansion on San Diego Bay at 2905 Nichols Street in the La Playa neighborhood of Point Loma are invited to be “welcomed like a warm embrace” when visiting.

Built in 1928, the property comprises two lots totaling approximately three quarters of an acre, with a 6900-square-foot main residence with garage, guest/maid quarters, and a detached bathhouse.

The main home was designed by architect William Templeton Johnson, noted for crafting the plans for La Jolla’s La Valencia Hotel and Balboa Park’s Museum of Art and Natural History Museum, as well as several other local landmarks.

The second-level master suite features dual his-and-hers bathrooms, as well as a private balcony with “ever changing views of a million points of light on the water,” from Shelter Island to the downtown skyline and Coronado.

The entire home has been “meticulously renovated” to offer “limitless entertaining pleasures,” including a water-view formal dining room as well as a separate “morning room” atrium set up for dining, family/game room, wine cellar, gourmet kitchen, and several outdoor entertaining areas.

Herringbone parquet in the dining room

Antique architectural details include hand-painted exposed beams in the living room, herringbone-patterned wood floors in the dining room, and a mahogany-paneled library/study.

Outside, the gated estate features “rolling lawns and pristine gardens” as well as a private tennis court and boat dock. A bathhouse is sited near the water’s edge.

“You will feel transported by the romance of this precious property,” promise listing materials, “life lived surrounded by beauty in every direction is a dream actualized.”

Map

2905 Nichols Street, Point Loma, 92106

2905 Nichols Street, Point Loma, 92106

Due to the home’s historic status, it qualifies for reduced property taxes under the Mills Act, written by former local state assemblyman and historic preservationist James Mills to promote the maintenance and restoration of historically designated buildings. Assessed property taxes in 2014 were just over $11,000, though the home’s most recently published sale price of $6.3 million in 2011 would suggest an annual tax rate well north of $70,000.

Tax records show the property is owned by the Daly family of La Jolla, though it’s not in use as a personal residence.

The home has been offered for rent several times in recent years, with the previous owners asking as much as $25,000 per month in 2010. The price had been lowered to $10,000 a month for listings in 2013 and 2014, though there do not appear to have been any takers at the reduced rate.

Most recently, the estate was offered for sale in late September 2014. The asking price of $15,750,000 remains unchanged to date.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Paella Toñico: past and present

Mother and daughter, Yolanda and Yolinda, are keeping the show going.
Next Article

In brilliant capstone to its declarations on racism and vaccine misinformation, Board of Supervisors declares “the twisted darkness that lurks in the depths of every human heart” a public health crisi

Supernatural Supervisors
Comments
0

Be the first to leave a comment.

Sign in to comment

Sign in

Ask a Hipster — Advice you didn't know you needed Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Drinks All Around — Bartenders' drink recipes Excerpts — Literary and spiritual excerpts Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Outdoors — Weekly changes in flora and fauna Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Sheep and Goats — Places of worship Special Issues — The best of Street Style — San Diego streets have style Surf Diego — Real stories from those braving the waves Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Your Week — Daily event picks
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
Close