1585 Coast Walk exterior. On the market in 2002, 2004, 2008, 2009, 2016.
Listing materials for the blufftop La Jolla estate at 1585 Coast Walk promise to deliver “without a doubt, one of the best waterfront homes in La Jolla.”
Kitchen features “modern and functional cabinetry, granite countertops and two islands, a breakfast bar, and refrigerated wine storage.”
Built in 1986 and designed by celebrated local architect Henry Hester, the “perfectly poised contemporary masterpiece” includes five bedrooms (including an office/den as an optional bedroom) and five baths spread across more than 6000 square feet of indoor living area.
Living areas offer “dramatic floor-to-ceiling windows” facing directly onto the Pacific.
Features include a full-sized commercial elevator from the subterranean four-car garage to the floor’s main and upper levels, full house security and automation with three separate zones of heat and air conditioning, a commercial phone system, and “state of the art electronics and lighting.”
The “connoisseur’s kitchen” features “modern and functional cabinetry, granite countertops and two islands, a breakfast bar, and refrigerated wine storage,” along with “top shelf Gaggenau appliances” imported from Germany (used refrigerators from the high-end manufacturer start at around $5000 on eBay).
Potential buyers can “entertain in style in your spacious oceanfront yard with large grassy area.”
The mansion’s “abundant living areas” offer “dramatic floor-to-ceiling windows” facing directly onto the Pacific, offering views from the master, living, dining room, and den that “will hypnotize you the moment you enter each space.”
The 480-square-foot master suite offers a private outdoor terrace, his-and-hers walk-in closets and bathroom vanities, a spa tub with separate steam shower, and even heated towel racks.
Outdoor features include an entry water feature designed by noted Venice, California-based sculptor Eric Orr. Potential buyers can “entertain in style in your spacious oceanfront yard with large grassy area” with “manicured landscaping and a beautiful slate patio....”
“This home scores a PERFECT 10 for High Style, Great Design and an Intelligent Floor plan,” the listing continues. “A rarely available & coveted location which is a short, scenic stroll to the ‘Village of La Jolla’ makes this offering a once in a lifetime opportunity.”
The Coast Walk estate was last sold in 1996 to Henry Haimsohn for $2 million. Haimsohn served as president of Pace Membership Warehouse, a Colorado-based competitor to the San Diego–based warehouse club pioneers Sol and Robert Price, whose Price Club eventually sold to Costco (Pace locations became Walmart-owned Sam’s Club in 1994). It currently has an assessed value of just under $2.9 million, which carries an annual property-tax bill of $33,694.
The home has repeatedly been offered for sale in the intervening years without attracting a buyer. It was offered for $9.5 million in 2002, $7.9 million in 2003, $6.5 million in early 2004, and then $9.5 million again by late 2004 before dropping to $5.9 million before the end of the year. The year 2008 saw a $7.75 million offering; in 2009 the price dropped as low as $7 million. Last year the property made a return to the market, carrying an asking price between $8,650,000 and $9,750,000 that remains unchanged to date.