1221 Virginia Way, La Jolla, CA 92037

$3,150,000
4
BD
2
BA
2,327
SqFt

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Sold Price
$3,150,000
List Price
$3,498,000
Closing Date
Jun 23, 2026
Status
CLOSED
MLS#
260005824SD
Year Built
1977
Bedrooms
4
Bathrooms
2
Living Sq. Ft
2,327
Lot Size
5,602
Acres
0.13
Days on Market
68
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
La Jolla

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.

Additional Information

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood, Ocean, Peek-A-Boo
Exterior Construction
Stucco, Wood Siding
Patio
Enclosed
Roof
Composition
Interior Features
Balcony, Eat-in Kitchen, Bedroom on Main Level, Walk-In Closet(s)
Attached Structure
Detached

Listing courtesy of Listing Agent: Maxine Gellens (teamgellens@gellens.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

Listing sold by Terry Sheldon from T.L. Sheldon & Associates

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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.