“This astounding La Jolla estate exemplifies the best of modern luxury,” promise listing materials for the newly constructed blufftop home at 5910 Camino de la Costa. Located just north of Bird Rock, the luxury residence has five bedrooms and seven baths spread across nearly 8000 square feet of living area.
5910 Camino de la Costa, La Jolla
The “architectural masterpiece brilliantly designed to maximize exposure to the panoramic views of the Pacific Ocean” was designed by noted local architect Claude-Anthony Marengo, with 14-foot floor-to-ceiling windows and automated sliding doors that ensure “breathtaking ocean views saturate every corner” of the living room. A “chef’s dream” kitchen is “unimposing but remarkable”; it “boasts every desirable high-end feature and appliance available, capable of catering to a crowd while also comfortable for one.”
Current Owner: American Coastal Properties
List Price: $14,888,000
“Expansive rooms are masterfully designed, with clean lines and high-end finishes” including marble flooring, “rustic fossilized tongue-and-groove hardwood made of solid strand bamboo with a saw-marked surface and hard wax oil finish,” and polished metals that “create a splash of modern shimmer to the natural stone throughout.”
“Every thoughtful detail blends contemporary style with old world materials,” while the ground floor “entertainment suite,” like other rooms, is “anchored by the expansive views of the Pacific.”
“Adorned with a fully equipped bar and wine cellar, the exceptional media and gaming lounge features hi-tech and high-end amenities.”
“Stunning ocean views continue in the light and alluring master bedroom, a soothing retreat featuring massive windows to showcase the sea,” and the “spa-like master bathroom is accompanied by an impeccable dressing room, with abundant storage for an all-season, all-occasion wardrobe.”
Outside, residents can “enjoy some of the world’s best sunsets from the custom infinity hot tub, while listening to the waves as the night descends on this beautiful, extraordinary home.” The backyard also features several drier entertainment options, including a wooden deck with gas firepit.
“This home has never been lived in and is waiting for that someone to call it their home. You don’t even need to pack your toothbrushes, it comes with one in every bedroom,” the listing promises. “Whether you’re hosting a large event, a small group of friends, or an intimate dinner for two, this incredible property will impress even the most discerning guest.”
The Camino de la Costa property last sold in early 2014 for a reported $7.8 million. At that time, the lot housed a 4528-square-foot home built in 1959. Little remains of the residence, as the property underwent extensive remodeling and expansion — tax rolls indicate an effective construction date of 2015, though the listing cites a build date of 2013.
The 2014 buyer was American Coastal Properties, a New York–based property investment firm that seems to target high-end real estate in Southern California for renovation and resale. As repairs commenced on the property, it’s been re-assessed several times — the tax base rose from $482,000 in 2014 (when the home was in the hands of its former owners) to $7.6 million in 2015 and just under $10 million in 2016. The latest value carries an annual property-tax bill of nearly $117,000.
Since the remodel was completed, the estate has been offered for sale several times. A five-month listing beginning in July 2016 at $16,995,000 failed to attract a buyer, as did a second that began in January with a price of $16,795,000 that dropped to $14,995,000 by its expiration in June. The home was re-listed in mid-July at $14,900,000, though an adjustment was quickly made — the sellers are now looking to entertain offers between $13,888,000 and $14,888,000.