La
Jolla real estate is a much sought after commodity.
The area is recognized for its comfortable size
- about 20 square miles, and with a population of
about 35,000, has a multifaceted culture in a spectacular
natural setting.
La Jolla
is a one of a kind, world famous city and provides
tremendous residential real estate value. In its
July 2002 issue, the Robb Report designated La Jolla,
the "jewel" of San Diego, as the best
place to live in America. It is one of the wealthiest
communities in the entire USA. Average property
values are measured in the millions and real estate
gets snapped up quickly. Home prices range from
$900,000 to $12 million.
Read this
article or click on these links for other information.
You may also search the MLS for all La
Jolla Real Estate.
La Jolla Homes
Area leisure activities
La Jolla area Golf
In La
Jolla you'll find small beach cottages and elaborate
custom estates with up to five acres of land. Prices
vary from street to street. View home sites are
the norm in La Jolla. The wooded hillsides that
rise to around 1000 feet above sea level offer many
spectacular views with prices for these views costing
10% to 50% more. There is virtually no vacant land
left to develop in La Jolla and the property values
are high and getting higher. On occasion, older
existing homes are being purchased, and then demolished
to allow a brand new home to be erected on the site.
La Jolla
was one of the earliest colonies in the San Diego
area in the early 1800's. In 1886, Frank Terrill
Botsford, referred to as the "father"
of La Jolla, purchased the chaparral and sage covered
land without realizing it would be very difficult
to find a good, reliable source of drinking water.
He decided to sell, and a public auction was held.
The La
Jolla land sold for what amounted to only $1.25
an acre ... land which would be more than $2 million
an acre today!
There
are many people who call La Jolla home, and there
are many others who have a second or investment
property in La Jolla. Investing in real estate can
be part of a solid financial strategy. The most
important considerations are:
1) Know
the market...what is happening in the area and
economy
2) Know how to analyze a property
3) Know your limits (dollar and risk wise)
If you're
thinking of buying or selling a piece of property
in or around La Jolla, or know someone who is ..
don't hesitate to contact us, and we will be happy
to give you free advice. We understand that each
individual or family has unique requirements, and
we are dedicated to helping you find the perfect
property.
Contact
us today for more information; we invite you to
email us or phone us directly at (858)382-5822
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