1828 Spindrift Dr

La Jolla, San Diego, CA · 37 days on market · View on Zillow

1828 Spindrift Dr

$22M somewhere else buys…

5 bedrooms · 8 baths · 10,715 sqft · 23,522 sqft lot

Built 2010 · 4 Garage spaces · Pool · $2007/sqft (city median $715)

Perched atop La Jolla's coveted Billionaire's Bluff, and adjacent to the highest sale in San Diego's history ($57 million), this extraordinary oceanfront estate is one of only eight residences privileged to occupy one of California's most exclusive stretches of coastline.

What this place offers

  • Private pool
  • Heating: Fireplace, Forced Air Unit
  • Cooling: Central Forced Air, Zoned Area(s)
  • 4 Garage spaces
  • Garage
  • Top school rating 10/10 nearby

The numbers

$252K/yr

Property tax (actual rate)

$77K/yr

Insurance (quoted)

Price history

2015$27,900,000
2018$21,000,888
2019$17,800,000
2026 (asking)$21,500,000

Down 23% since 2015

$21,500,000

Down payment20% · $4,300,000
%
Mortgage (principal + interest)$107,587
Property tax$20,963
Home insurance$6,450
All-in monthly$135,000/mo

You'd need about $5,785,694/yr in household income (28% rule) plus $4,300,000 in cash.

Would rent for ~$64,467/mo · 3.6% gross yield

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