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1303 15 Cave StreetLa Jolla, CA 92037

For Sale

$9,995,000

Smart Buyer Rebate $99,950

A trophy asset in an unbelievable La Jolla location! Perched above the street, overlooking the ocean, caves, and coastal trail, this legacy property offers a unique glimpse of a classic beach cottage to hold & maintain, redevelop, or transform into a single-family residence or multi-generational compound. At the iconic intersection of Prospect & Cave St, this property sits as a pseudo-gatekeeper in the Village as one heads toward the Cove and Scripps Park. Its elevation offers surprising privacy, ocean views and a unique perspective where land & sea meet. Currently configured as five separate units in two connected structures comprised of a 2BR/1BA, two studios, a 3BR/2BA and a 1BR/1BA above four single-car garages with a central courtyard, the property currently generates over $335K annually in gross income as a short term vacation rental, making it a great 1031 exchange opportunity as well. It is immediately recognizable, would be next to impossible to replicate, is immensely valuable in its existing form, has abundant potential and is an opportunity not to be missed.

Listed by Drew Nelson

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License #01376023

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Willis Allen Real Estate

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dnelson@willisallen.com

Listed by Timothy Nelson

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License #01801493

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Willis Allen Real Estate

Last updated December 03, 2025

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Source: CRMLS #NDP2511218

Listing Facts

  • TypeSingle-family
  • NeighborhoodVillage of La Jolla
  • Bedrooms8
  • Bathrooms5
  • Days on Prevu8
  • Size3,944 sqft
  • Price per sqft$2,534

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/03/2025
Listed by Willis Allen Real Estate
$9,995,000

Property Details for 1303 15 Cave Street

Association

Amenities

  • Community Features: Curbs, Sidewalks

General

  • Number Of Units In Community: 5

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 1935
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Entry Location: front

Features

  • View: Coastline, Neighborhood, Ocean, Water

Measurements

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,403
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,403
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 3501210100

Interior

Features

  • Fireplace Features: See Remarks
  • Fireplace: Yes

Measurements

  • Living Area: 3,944
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 8

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Schools

High School

  • High School District: La Jolla

Utilities

Equipment

  • Cooling: See Remarks
  • Has Cooling: Yes
  • Laundry Features: See Remarks
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 8 bedrooms and 5 bathrooms in this single-family home at 1303 15 Cave Street.

Does this single-family home have parking?

Yes, there are 4 parking spaces available for 1303 15 Cave Street.

How does 1303 15 Cave Street compare to other single-family homes in Village of La Jolla?

This single-family home is listed 116% above the average price for single-family homes in Village of La Jolla and has been on the market for 37 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,944 sqft.

1303 15 Cave Street is a 8-bedroom, 5-bath single-family home for sale in La Jolla CA 92037. On Prevu for 8 days at $9,995,000. This property features 3,944 square feet of living space, located in Village of La Jolla. The median listing price for single-family homes in this area is $3,047,000. The home offers parking. Explore more single-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.