For Sale at La Jolla: 1221 Virginia Way, La Jolla, CA 92037. 4-bedroom 2-bath, 2327 sf, 1977 Village $3,998,000 begin new search
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Overview

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.

Address 1221 Virginia Way

La Jolla, CA 92037
Listing Status Active
Asking Price $3,998,000
Original Listing $3,998,000 @ 2026-03-12
Rooms
Walk-In Closet, Main Floor Bedroom
Square Footage 2327 sf
Flooring Carpet, Wood
Bedrooms 4
Full Bathrooms 2
Location
Directions Cross Street: High Avenue.
Market Area 92037 - La Jolla
Neighborhood Village
Complex La Jolla
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
Public Records
County San Diego
Assessor Parcel# 3505011400
Zoning RS-1-7
Geographic Areas

Community College District: San Diego CC

Community: Village

School District: San Diego Unified

Zip Code: 92037

Highway Locator

West of I-15

West of I-5

West of I-805

West of SR-163

West of SR-67

South of SR-78

Ocean Distance 0.4 miles
Exterior
Style Single Family Residence
Material Not Listed
Lot Size ~ 5,602 sf
Fencing Partial
Topography Not Listed
Roof Composition
Swimming Pool None
Patio Enclosed
Exclusive Yard 1
Parking
Other
Driveway
Total Spaces: 2
Garage Spaces: 0
Non-Garage Spaces: 0 - 2.00
View Ocean, Neighborhood, Peek-A-Boo
Features
Year Built 1977
Laundry Location Electric Dryer Hookup
Elevator Not Listed
Cooling Central Air
Heating Natural Gas, Forced Air
Fireplaces Living Room (1)
Interior Features Balcony
Additional Parcels No
Appliances Yes
Assessments No
Association No
Association Fee 2 0
Attached Garage No
Below Grade Finished Area 0
Carport Spaces 0
Construction Materials Wood Siding, Stucco
Cooling Yes
Eating Area Family Kitchen, Area
Heating Yes
Land Lease No
Laundry Yes
Levels Two
Living Area Source Appraiser
Lot Size Source Assessor
Lot Size Units Square Feet
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio Yes
Pool Private No
Property Attached No
Sprinklers No
View Yes
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 260005824SD
Courtesy of Berkshire Hathaway HomeServices California Properties
Listing Agent Maxine Gellens & Marti Gellens-Stubbs