1221 Virginia Way

  • $3,998,000
La Jolla, California
Active
1221 Virginia Way
La Jolla, California
  • $3,998,000

Overview

  • Residential
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 2327
  • Sqft
  • 662245
  • Property ID

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.

Details

Updated on March 31, 2026 at 9:16 pm
Listed by Maxine Gellens, Berkshire Hathaway HomeServices California Properties
  • Property ID: 662245
  • Price: $3,998,000
  • Property Size: 2327 Sqft
  • Land Area: 5602 Square Feet
  • Bedrooms: 4
  • Bathrooms: 2
  • Garage: 0
  • Year Built: 1977
  • Property Type: Residential
  • Property Status: Active

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