Millman Team Real Estate

$9,995,000
8 Bed
5 Bath
3,944 Sqft
0.15 Acre Lot

1303 15 Cave Street, La Jolla, California 92037

  • Residential Property Type
  • 3,944 Sqft Square Footage
  • 1935 Year Built
Property Description

Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the option to transform it into a single-family estate, a multi-generational compound or to upgrade and maintain the multi-unit rental asset. The property consists of five separate residences across two connected structures – a 3BR/2BA, a 2BR/1BA, a 1BR/1BA and two studios – situated above four single-car garages and centered around a private courtyard. These existing improvements can provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the land’s extraordinary combination of location and elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project – an architectural jewel at the entrance to the iconic Cove and Scripps Park – that simply cannot be replicated in today’s landscape.

Basic Details
Residential
For Sale
NDP2511218
$9,995,000
Coastline, Neighborhood, Ocean, Water
8
5
3,944 Sqft
1935
0.15 Acre
Active
5
1
Single Family Residence
Features
: None
: See Remarks
: See Remarks
: See Remarks
: Public Sewer
$0
Address Map
CA
San Diego
La Jolla
92037
Cave
1303 15
Street
W118° 43' 47.3''
N32° 50' 55.3''
Torrey Pines > Prospect > Cave Street
92037 - La Jolla
R-1:Single Fam-Res
Neighborhood
La Jolla
Additional Information
$0
$0
$0
$0
$0
1
: Sidewalks, Curbs
2
4.0
: Three Or More
: 0-1 Unit/Acre
2025-12-03
9995000
3
https://www.propertypanorama.com/instaview/crmls/NDP2511218
Broker/Agent Information
Willis Allen Real Estate
Drew Nelson
Listing Information
Timothy Nelson
107413
16281
Willis Allen Real Estate
107411
16281
Cash, Conventional
Active
2026-06-12T17:08:52Z
CRMLS
: Standard
2025-12-02T16:00:00Z
Agent info
Ray Millman
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