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Recently Travel & Leisure Magazine published their first ever “Best Beach on Earth” survey. While no one would argue that these are indeed some of the best beaches in the world, we feel the need to point out that San Diego offers its own slice of coastal paradise with a dash of the reality that we can actually live, work and play in this paradise everyday.
Here are some great properties available in our beautiful backyard.
This beautifully detailed Oceanfront Masterpiece gently rests on a bluff overlooking an intimate cove in La Jolla. Enter through the spacious Italianesque courtyard to this magnificent home. The exquisite master suite is located on the main level. Every room has high, individually designed ceilings and each surface has been carefully and gracefully detailed to create a warm and rich environment. The oceanfront patios and lawn area provide great opportunities to enjoy every sunset.
Listed for $11,995,000 to $13,500,000. With only a handful of truly significant oceanfront estates in all of Southern California, 1660 Torrey Pines Road is perhaps the finest of all! A short stroll to the world renowned La Jolla’s village, this sprawling 6 bedroom, 6 ½ baths, and 5500 sq ft masterpiece rests on nearly an acre of a magnificent cascading landscape that embraces the beauty of coastal living. Two storybook cottages, a third delightful guest house, detached three car garage, and another two car attached, complete a property like no other. One cannot help but be taken by the visually stunning “Cove”, a curving northern coastline and the horizon create a brilliant picture frame for the blue ocean waves rolling straight inward. Designed for single level living, the guest suites are carefully placed on a lower level, which allows for uninterrupted seclusion. The estate includes its own scenic canyon with meandering stone walkways and lounging plazas, which are easily accessed by the home’s multiple terraces.
Extraordinary beachfront residence in La Jolla Shores, on the sand! This contemporary style home offers a pool and spa which is one of only two homes on the beach in this exclusive enclave to have this feature. On the beachside of this fine property there’s 50 ‘ of glass doors that slide away into the walls and completely disappear, allowing you to experience the ocean in all of it’s magnificent glory whether you’re inside or outside. The living room, master bedroom and breakfast area and kitchen enjoy the disappearing glass doors. The entire living area can be opened to the ocean. One of the secondary bedrooms offers it’s own private balcony to the ocean, another bedroom offers sliders to the courtyard and pool area. The entire lower level boasts spectacular views and sliders across the entire space that open to the lower deck and your own private security gated steps to the sand. From the moment you enter this home you’re mesmerized by the views, the large scale of the living space is impressive.
Enchanting single level ocean front beach house featuring stunning whitewater vistas. A rare opportunity to own one of the 22 coveted homes along La Jolla Shores beach with 51′ of beach front. Gated entry leads to a charming patio courtyard. Large open floor plan with vaulted ceilings, bleached hardwood floors and a fabulous great room open onto a spacious terrace overlooking the Pacific Ocean!
Mission Bay right at your doorstep. Charming historic Tudor style (yes, at the bay) 2 story home with incredible bay views and immediate access to the beach. Covered front patio great for entertaining and watching the sailboats. Ready to move in or rent out whole home or each floor separately. Vacation rental rates! Fireplace and beautiful wood floors downstairs. Upstairs 2 BR/1 BA has own kitchen. Corner lot w/ 4 parking spaces. Opportunity to own or develop this fabulous property.
300 Feet of unobstructed Ocean views. Live like you’re sitting on the Pacific Ocean. A very rare 1.2 acre (almost all usable) property with large pool and beautiful grounds. The BEST of architect Ronald Wilson with stunning views from almost every room. The contemporary elegance flows through the 7200+ SF of living space. Never before offered for sale!
Incredible opportunity! Unique flat, usable oceanfront lot with permitted plans including coastal development. Plans reflect a 6 bedroom, 6.5 bath w/ basement and parking for 7 cars, includes lift and elevator! Customize your dream home. Located on the coveted ocean bluff top in the highly sought after Bird Rock neighborhood.
Set back the hands of time and prepare to enter a sea side La Jolla estate that has a rich and nostalgic past. An architect’s dream, this California casual home seamlessly blends old world charm and modern flair. With only a handful of truly significant estates located on the Southern California coastline, Pacific Sotheby’s International Realty looks to expose a global audience to this unique offering.
This spectacular estate previously owned by a celebrated local philanthropist and political journalist Harle Montgomery, whose career accolades include interviewing former, US Presidents John F. Kennedy & Richard Nixon along with a wide array of foreign dignitaries. If these walls could speak, 1660 Torrey Pines would share a history as old as La Jolla itself. The owner’s cosmopolitan lifestyle is definitely reflected in the property with a magnificent entry way flanked by remarkable hand carved columns from the Swat region of India, all leading to century’s old door acquired from a monastery in Nepal. Gazing out towards the rolling waves of the Pacific through magnificent reclaimed windows from the iconic Hotel Del Coronado, will surely elicit pure tranquility.
Exclusive marketing channels and a robust global media strategy make Sotheby’s International Realty the perfect vehicle to showcase such an exquisite estate. Partnerships with the NY Times, Wall Street Journal, BBC and many others insure that local properties have unrivaled access to qualified buyers around the world.
To promote the new offering, the company has included two of their top agents. Each brings a unique skill set and range of expertise. Amber Anderson, an expert negotiator and global marketing powerhouse, who has recently sold two of San Diego country’s largest ocean front homes. She is joined by Ross Whitney, whose impressive 31 year career has seen him earn numerous industry awards and professional accolades. After a complete re-invention of the home, both Amber and Ross look to showcase this spectacular property to a local and global audience.
Anniversary of Strategic Alliance Highlights the Firm’s Continued Expansion as the County’s Fastest-Growing Real Estate Brokerage
After just one year since announcing the strategic partnership between Brian Arrington, Steve Games and Nyda Jones-Church, Pacific Sotheby’s International Realty has experienced tremendous growth and now counts itself as one of San Diego’s top five real estate firms. Trendgraphix, one of the nation’s leading providers of real estate market data, reports Pacific Sotheby’s International Realty as the fastest growing real estate company in San Diego County with closed sales volume up over 100 percent, and reports indicating that pending sales could reach as high as 1,000 percent over the same time last year. Since creating the “Power Trio” in June 2012, Pacific Sotheby’s International Realty has opened additional locations in Rancho Santa Fe, Fairbanks Ranch, Del Mar, and Downtown San Diego with additional plans to open in Encinitas in August. Its offices in Point Loma, Mission Hills, Coronado, La Jolla, and La Mesa have also grown as the brokerage continues to expand its market share.
“The dynamic partnership we’ve created combines the best in leadership experience, cutting-edge technology, high-end marketing and the unrivaled global reach of the Sotheby’s International Realty brand,” says founding partner and CEO Brian Arrington. “This combination continues to attract new agents and clients. The result is powerful – frankly, nothing is better.”
Pacific Sotheby’s International Realty now boasts approximately 330 agents—up about 65 percent from one year ago, when the firm had nearly 200.
“Our vision for Pacific Sotheby’s Realty is not to be the biggest in San Diego or Southern California, but definitely to be the best,” says Chairman Steve Games. “We have worked hard to make this vision a reality by building the support and infrastructure our agents need, which has allowed them to significantly increase their production.”
“Our agents appreciate the fact that we truly are a locally-owned and managed company. We view our company as a family business and we are present and available to support our agents and employees everyday,” adds COO Nyda Jones-Church.
Pacific Sotheby’s Realty is comprised of approximately 330 agents in 13 offices throughout San Diego County. Pacific Sotheby’s Realty’s listings are marketed on sothebysrealty.com global website and benefit from the association with the Sotheby’s auction house and its Sotheby’s International Realty marketing programs. The Sotheby’s International Realty luxury network has 12,800 sales associates located in approximately 660 offices in 47 countries and territories worldwide and has established itself as a leading brokerage specializing in the luxury market niche but proudly serving all property types and price points.
Pacific Sotheby’s REALTOR® Eric Iantorno had the pleasure of escorting The Times UK reporter Leah Milner on a tour of homes throughout San Diego county on her recent visit to California. Milner, a reporter for The Times UK was researching the California real estate market for an article on home prices in the States. According to Iantorno, “It was a great opportunity for us to showcase the diverse areas and properties that San Diego county offers. With so many new homebuyers and investors coming from overseas, San Diego is truly a player in the global market.”
Following is the complete article written by Leah Milner and published in The Times UK today.
The West Coast dream revival that is driving prices in southern California
Almost 160 years after the end of the California gold rush, it is boom time again in the Golden State, with property prices in the south at their highest level in five years.
Upmarket destinations in San Diego County, such as La Jolla, Del Mar, Rancho Santa Fe, Encinitas and Coronado are proving a particular magnet for America’s elite, with Microsoft founder Bill Gates and former presidential candidate Mitt Romney among local property owners. The annual Comic-Con comic book convention is currently under way, a major draw for celebrities including Cameron Diaz, who was born in San Diego.
Buyers are lured by spacious homes with stunning coastal views, guaranteed sunshine and the option to switch from surfboard to skis within a weekend, but it is not cheap, particularly for British buyers hit by sterling’s fall against the dollar.
Land near the coast that was once owned by flower growers has become too valuable to cover with greenhouses, and many family businesses are selling up and moving their farms further inland to make way for prime real estate.
Prices in San Diego County were up by 21 per cent over the year to May, when the median property value was $406,500 (£269,640), according to DataQuick, the research consultancy. Low mortgage rates and a lack of properties for sale have pushed up prices, but they remain below the 2005 peak of $517,500 (£343,250).
Eric Iantorno of Pacific Sotheby’s International Realty still believes that the luxury end of the market offers value in terms of space, scenery and lifestyle. The area is also attracting foreign interest: Iantorno says 35 per cent of his business comes from overseas. It is popular with buyers from Canada, Mexico, China, Russia and Britain.
Encinitas, just north of San Diego city, is one destination that is grabbing the attention of wealthy buyers. Residents seem to be in permanent holiday mode as they breeze along the high street in flip-flops and comfy-chic Lululemon yoga trousers, sipping “dirty chai lattes” (chai with a shot of espresso). “One of my clients had a vast collection of Chanel handbags, which she sold when she moved here,” Iantorno says. Yoga seems to dominate here, largely because it is home to the Encinitas Hermitage, Retreat & Gardens spiritual centre, which played host to the Beatle George Harrison and sitarist Ravi Shankar.
You can buy a Mediterranean-style ocean-front villa with a sun terrace overlooking the beach for $6.9 million (£4.58 million). The four-bedroom, three-bathroom 4,400 sq ft property also has a courtyard to escape the sun or, on cooler evenings, to socialise around the wood-burner. It has an airy kitchen with doors on to the terrace that you can open wide to let in the sea air. Some of the bathrooms and bedrooms also look out on crashing waves.
For $2.65 million (£1.76 million) you could get a modern home on Sheridan Road, set back from the ocean, with six bedrooms, five bathrooms (including a guest house) and a 50ft swimming pool.
Other big-budget buyers flock to La Jolla, which has less of a new-age feel than Encinitas. The high street is lined with fashion boutiques, jewellery stores, restaurants and high-end hotels, and the coastline is a mix of rocky stretches, where sea lions slumber, and sandy beaches.
For $10.5 million to $12.5 million (£6.96 million to £8.29 million) you could buy the five-bedroom, seven-bathroom Via Casa Alta, on a hill above La Jolla. It is a contemporary home with plenty of glass to make the most of the views, and a pool, hot tub and staff quarters.
Four miles inland, nestled amid groves of eucalyptus, is Rancho Santa Fe, a haven for horsey types and golfers. With a median property price of $1.59 million (£1.06 million) it is one of America’s richest zip codes, and offers 40 miles of equestrian trails as well as the 18-hole Rancho Santa Fe golf club. Bing Crosby launched a golf tournament here in 1937, as well as setting up the horse-racing track in nearby Del Mar with some of his Hollywood friends.
Facebook boosts values
Five hundred miles north of San Diego, the San Francisco property market is feeling the “Facebook effect”. The social network’s $104 billion flotation last year is thought to have created a thousand millionaires and Rob Levy, of Sotheby’s International Realty’s San Francisco branch, believes dot-com successes have boosted sentiment among buyers. A recent study ranked San Francisco as the happiest city in America and seventh happiest in the world, and perhaps this upbeat outlook is supporting the housing market recovery, as median prices in the city have gone up 24 per cent over the past year to $870,000 (£572,077), according to DataQuick.
Many a neighbourhood is flatteringly described by estate agents as “in transition”. This usually means construction work on every other corner, yet the atmosphere of an area can quickly change from one block to the next. Hipster hang-outs such as Mission and SoMa are similar to parts of East London that have yet to lose their rough edges completely. This does not deter the tech winners from seeking out luxury warehouse apartments and high-rise penthouses here.
If you are looking for architecture evocative of San Francisco, Haight-Ashbury is where you’ll find the colourful Victorian and Edwardian terraces known as the “ painted ladies”. The city has no shortage of properties with stunning views, thanks to its undulating terrain. Nob Hill, Russian Hill and Pacific Heights are popular with buyers for this reason. In the latter, you can buy an environmentally sensitive four-bedroom, seven-bathroom home for $23 million (£15.1 million). Its sky-lit loft level opens on to a roof terrace looking out over San Francisco Bay and the Golden Gate Bridge. There is a swimming pool, steam and sauna rooms, and a guest floor with its own sitting room.
Watch out if you’re buying in California — the state levies an annual tax on all properties of 1 per cent of the market value, which could be a substantial sum.
Sotheby’s International Realty® recently held their 2013 Global Networking Event in Los Angeles, California. The event which took place June 2-5th ath the L.A. Live complex included amazing keynote speakers including Erik Wahl, internationally recognized graffiti artist and author of Untink; Joe Calloway, bestselling author of Becoming A Category of One; and Stefan Swanepoel, the leading expert on international real estate trends.
More than 1400 brokers from 120 offices and 26 countries representing markets from the U.S.A, Canada, Mexico, Central and South America, Europe, Asia, Australia and Moscow were in attendance.
(The Pacific Sotheby’s Realty Team)
In addition to Pacific Sotheby’s Realty’s executives Chairman of the Board, Steve Games and CEO, Brian Arrington, Pacific Sotheby’s Realty was well represented by the 44 managers and agents who were all eager to connect with the world’s top real estate professionals and executives to promote the San Diego market. ”This is a great opportunity for our agents to connect with their counterparts around the world, exchange ideas and forge new relationships,” says Pacific Sotheby’s Realty CEO Brian Arrington.
“International buyers represent over $80 billion a year in U.S. home sales, and California ranks very high among the areas in which foreign investors are purchasing. Having offices and a strong referral program in 45 countries allows us to access these potential clients and that is something with which no other real estate company in San Diego can compete.”
The event speakers included Philip White, CEO Sotheby’s International Realty® who provided compelling insights to the future of the brand, Wendy Purvey, Chief Marketing Officer, Sotheby’s International Realty® gave an extremely engaging presentation about the new “Anthology Live” marketing program. Henry Howard Sneyd, Executive Vice President, North America,Sotheby’s and Amy Todd Middleton, Senior Vice President, Global Strategic Marketing,Sotheby’s spoke about the relationship with and future of the Sotheby’s Auction House. Richard A. Smith, Chairman, Chief Executive Officer and President, Realogy Alex Perriello, President and Chief Executive Officer, Realogy; provided an informative overview on the current state of the Sotheby’s International Realty network, the Realogy brands and direction for the future.
Those in attendance were able to take part in several breakout and networking sessions held by Sotheby’s International Realty executives and brokers from offices around the world.
(Pacific Sotheby’s Realty’s CEO Brian Arrington speaking on the Sotheby’s Experience)
(Pacific Sotheby’s Realty’s Seth O’Byrne Speaking on Real Estate and Social Media)
I was recently asked how the relationship between Sotheby’s International Realty and Sotheby’s Auction House provide tangible benefits to our Pacific Sotheby’s International Realty agents and their clients.
Sotheby’s International Realty has an exclusive relationship with Sotheby’s Auction House. We are not just one of many “affiliates” we are the ONLY real estate partner. This collaboration leverages our brand’s rich history and heritage to enhance market perceptions about the properties we represent. This is a powerful differentiator for our agents and the clients they represent.
Listings represented by our network may be displayed at the Sotheby’s Auction House locations around the world. This exclusive opportunity provides targeted exposure to a coveted audience, utilizing the custom brochure that is created to market your home.
Throughout the year, print ads showcasing the collaboration between Auction and Realty are featured in a variety of global and local print publications. Active property listings are featured alongside important upcoming auctions, exhibitions and sales that appeal to a wide and diverse audience.
SOTHEBY’S AT AUCTION
Each issue of the Auction House’s propriety magazine, Sotheby’s At Auction, includes an exclusive real estate section designed to promote available listings represented ONLY by our network.
Property listings may be featured in popular locations on the Auction House’s website, sothebys.com. Through a rotational schedule, visitors are exposed to listings for sale. Banner ads are also used to promote listings and are included on high-profile sales pages and emails directed toward the Auction House’s prestigious clientele. All listings in Sotheby’s At Auction are also featured on sothebys.com
Anne Herrin, a Point Loma real estate agent with Pacific Sotheby’s International Realty has joined the green movement by acquiring an all electric vehicle for use in her real estate business. After studying her auto use, she realized 90 percent of her business was within the range of a zero emission electric car.
“The majority of my business with clients is conducted locally within the 80 mile range of the electric vehicle I chose. My car, the Honda Fit EV, is very roomy and comfortable inside, plus has great performance. I think my clients will enjoy its features and quiet ride” said Herrin.
Honda is offering only 1000 Honda Fit EV electric vehicles in a few select states. The Fit EV is equipped with a monitoring system that gathers information on the electric vehicle’s use and reliability through an onboard data link. This data is continuously and automatically transmitted to Honda and will be used in the development of future electrical vehicles. The Fit EV has an e-mpg rating of 118 miles per gallon and can recharge in three hours.
Herrin said “With the stop and go driving required in showing houses to my clients, my gas mileage really suffered. I look forward to driving in our neighborhoods in a quiet, exhaust free vehicle. My office is located in Liberty Station, and the installation of new charging stations outside of the Vons market makes it an ideal fit for me. I’ll still keep my SUV in the garage, and make it available for use for those client’s with larger families or those with special requirements. I have only had the Fit EV a short time, and everyone who has had an opportunity to ride in it has been very impressed. This car is so fun to drive and it feels great to be helping the environment.”
19 new Blink Network electric vehicle charging stations have been installed at Liberty Station where Pacific Sotheby’s Realty’s Point Loma office is located. They will be available for public use in the coming weeks. To find other area charging stations go to the Department of Energy website http://www.afdc.energy.gov/fuels/electricity_locations.html
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.
A-Rod Sells Miami Mansion for $30 Million - Sotheby's International Realty
Mayi de la Vega and Arlene Susy Dunand of ONE Sotheby’s International Realty – South Florida’s real estate firm that dominates the ultra luxury home market – today announced that they represented baseball icon Alex Rodriguez in the sale of his $30 million estate.
While flying around the area in their seaplane in 1934, Avis and Grattan Lynch saw the house from the air. Grattan Lynch landed the plane in the then undredged bay, taxied up to the beach, got out and bought the house. It has remained with the same family ever since.
Built in 1924, the 2 story house is English Tudor style and was one of the first built in that area. This landmark property is on a large corner lot in South Mission with the bay right in front. The house has 4 Bedrooms, 2 1/2 baths and is more than 2,600 square feet. The beautiful hardwood floors are original to the house. There is a wonderful covered porch for gathering with friends and family to enjoy the gorgeous bay view and all of the boating activities. The porch leads out to the grass area and garden, which has spectacular roses that are greatly appreciated by those passing by on the path. There are 6 parking spaces at the property. For the past several years it has been enjoyed by many families for vacation rentals.
Built by John Lowe, superintendent and Chief Engineer of the Arizona and Santa Fe Railway. The Railway was created and owned by John D. Spreckels. He also owned the trolley system that went from downtown, past Point Loma, past Ocean Beach, across the bridge to Mission Beach and up to La Jolla.
The Mission Beach development was supposed to be the first planned community in the US. Prior to that Mission Beach had started out as an area for hunters and fisherman. It then evolved in to a vacation tent city much like the Silver Strand in Coronado. They put in the streets, trolley line, sidewalks, sewers, Belmont Park, artificial island and points (which no longer exist) opposite of Belmont Park on the bay side.
The home is currently for sale for $3,100,000. Contact Caroline Glasner 619 992- 2083 and Susan Diamond 619 977-9190, Pacific Sotheby’s International Realty Showings are by appointment only.
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