La Jolla

1221 Virginia Way Way

La Jolla, CA 92037
MLS# 260005824SD
$3,998,000
4 BEDS ∙ 2 BATHS
Active
OPEN HOUSE: 03/14 • 11 AM - 2 PM

Listing provided courtesy of: Berkshire Hathaway HomeServices California Properties. [email protected] P: (858) 459-0501

Property Description

In the heart of La Jolla Village, a rare street-to-street parcel spanning Virginia Way to Olivet Street pairs a beautifully renovated main residence with uncommon long-term versatility. Few Village properties combine turnkey living today with approvals and groundwork already in place for what comes next. The 1,749-square-foot, 4-bedroom, 2-bath home is updated and move-in ready, centered around a welcoming living room with wood-burning fireplace, oak flooring, and an open kitchen and dining area that flows directly to a private outdoor entertaining patio with fire pit, BBQ, and dining space. Recent improvements include central heating and air conditioning, tankless water heater, new roof, refreshed bathrooms, and full-size LG washer and dryer. Outdoor spaces include a fully enclosed front yard framed by a white picket fence, custom brick herringbone patio, lawn, mature landscaping, and a private rear patio supporting effortless indoor-outdoor living. The driveway accommodates tandem parking. A 578-square-foot separate structure on the Olivet Street side has been substantially prepared, accompanied by plans and approvals for redevelopment including a proposed 1,523-square-foot residence with subterranean garage and a 773-square-foot ADU, along with a nearly complete SB9 lot split. Proven rental history provides established income potential alongside future expansion or redevelopment opportunities.

Open Houses

  • 03/14 11 AM - 2 PM
  • 03/15 11 AM - 2 PM
  • Features:

    Dishwasher, Disposal, Microwave, Refrigerator Central Air Balcony Living Room Carpet, Wood Eat-in Kitchen, Walk-In Closet(s) Driveway, Other Enclosed Composition

Listing provided courtesy of: Berkshire Hathaway HomeServices California Properties. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2026 by California Regional MLS. All rights reserved. Listing last updated on 03/12/2026 17:07:14

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