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Gaggenau appliances on La Jolla's Coast Walk

Former Price Club competitor keeps putting on market — with no success

1585 Coast Walk exterior. On the market in 2002, 2004, 2008, 2009, 2016.
1585 Coast Walk exterior. On the market in 2002, 2004, 2008, 2009, 2016.
Map

1585 Coast Walk

1585 Coast Walk

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.”

Office

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.

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1585 Coast Walk exterior. On the market in 2002, 2004, 2008, 2009, 2016.
1585 Coast Walk exterior. On the market in 2002, 2004, 2008, 2009, 2016.
Map

1585 Coast Walk

1585 Coast Walk

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.”

Office

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.

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Comments
1

Sounds like the owner is not serious about selling it, with a price that high. Also, the listing materials by Craig Lotzof with Pacific Sotheby's Int'l Realty are so full of ridiculous hype. Sorry, but views out the windows will NOT "hypnotize you." Not gonna happen, Craig! And who (besides Mr. Lotzof) says this is a "PERFECT 10?" Just saying so doesn't mean it is.

June 21, 2017

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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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