1221 Virginia Way Way, La Jolla, CA 92037 (MLS # 260005824SD)

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PRICE $3,998,000 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 2,327 sqft
LOT SIZE 5,602 sqft

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.

DAYS ON MARKET 5 LAST UPDATED 3/12/2026
TRACT La Jolla YEAR BUILT 1977
COMMUNITY 92037 - La Jolla COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Microwave, Refrigerator
AREA 92037 - La Jolla
CONSTRUCTION Stucco, Wood Siding
EXTERIOR Balcony
FIREPLACE Yes
HEAT Forced Air, Natural Gas
INTERIOR Eat-in Kitchen, Walk-In Closet(s)
LOT 5602 sq ft
LOT DIMENSIONS 5602
PARKING Driveway, Other
POOL DESCRIPTION None
STORIES 2
SUBDIVISION La Jolla
VIEW Yes
VIEW DESCRIPTION Neighborhood, Ocean
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Listed with Berkshire Hathaway HomeServices California Properties

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 4:35 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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