2516 Ruette Nicole

La Jolla, San Diego, CA · 2 days on market · View on Zillow

2516 Ruette Nicole

$15M somewhere else buys…

5 bedrooms · 7 baths · 8,216 sqft · 15,246 sqft lot

Built 2003 · 3 Garage spaces · Pool · $1820/sqft (city median $715)

Immaculately crafted Montoro estate in La Jolla Shores delivers sensational views from the Cove and north past Scripps Pier. Tall window walls of glass, curved hallways, and inlaid stone floors set an elegant tone, with art gallery walls throughout. Designed for total privacy and security, every room is oriented to the ocean, and an elevator connects all levels.

What this place offers

  • Private pool
  • Heating: Forced Air Unit
  • Cooling: Central Forced Air
  • 3 Garage spaces
  • Garage
  • Top school rating 10/10 nearby
  • HOA $8,404 semi-annuallyly

The numbers

$175K/yr

Property tax (actual rate)

$54K/yr

Insurance (quoted)

Price history

2025$15,995,000
2026 (asking)$14,950,000

Down 7% since 2025

$14,950,000

Down payment20% · $2,990,000
%
Mortgage (principal + interest)$74,811
Property tax$14,576
Home insurance$4,485
All-in monthly$93,872/mo

You'd need about $4,023,075/yr in household income (28% rule) plus $2,990,000 in cash.

Would rent for ~$8,410/mo · 0.7% gross yield

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