The 32-acre property once known as Foxhill Estate is now on the market for $49 million. At that price, the coastal compound is the most expensive property in the desirable seaside village of La Jolla, CA.
But if a buyer doesn’t want to buy the whole enchilada, there are other options.
First up, there’s a 6.2-acre parcel that can be purchased separately for $28 million. It includes the legendary main estate.
Another option is to buy an adjacent 22.4-acre building site for $24 million. Also, another undeveloped 1.8-acre parcel is available for $8 million.
James and Helen Copley, publishers of the San Diego Union-Tribune, built the grand residence in the 1960s and lived there for decades. Their son David Copley, who inherited the newspaper, also lived there. After his death in 2015, the compound was purchased for $17 million by Doug Manchester, who also owned the Union-Tribune for a time.
At the beginning of this year, the ocean-view property was on the market for $55 million, so the current listing price represents a discount.
In addition to being the town’s priciest property, it’s also La Jolla’s largest contiguous residential property. The listing is held by Drew and Tim Nelson of the Nelson Brothers Team at Willis Allen Real Estate.
“Foxhill is completely and utterly unique for La Jolla and most of coastal Southern California for its size and scale,” the Nelson brothers said in a statement provided to Realtor.com®.
“It is approximately 30 ocean view acres in an extremely private location just above the village of La Jolla. The scarcity of such a large piece of property so close to the village and ocean cannot be overstated, and it is even more rare for that acreage to maintain such abundant privacy.”
The highlight of the offering is the 6.2-acre parcel known as Foxhill Estate. It’s anchored by a recently expanded, 22,897-square-foot home with 10 bedrooms and 14 baths.
The “classically elegant” residence is laden with luxurious amenities. There’s a tennis court, pool, gym with sport courts, and multiple guest rooms, guesthouses, and apartments.
Elegant interiors include an opulent kitchen, multiple dining spaces, and a rec room with a bar.
Outside, there are gardens, a greenhouse, and acres of grassy lawns. The property stands out as “the ultimate Southern California estate.”
The 22.4-acre parcel available for $24 million is located in the town’s Country Club neighborhood. It’s “arguably the best undeveloped lot in Southern California,” notes the listing.
Finally, there’s the 1.8-acre parcel listed for $8 million. Gated, private, and with a flat, usable building area, the parcel offers “phenomenal” ocean views.
Can’t choose? There’s always the option to grab the entire compound.
Let it be known La Jolla isn’t exactly a bargain hunter’s paradise. The coastal village’s median home list price comes in at $2.9 million with just 184 homes on the market.
“It is an incredible value and opportunity,” the Nelson brothers stated. The offering “has great potential as a true compound, development opportunity, and/or to subdivide and parcel pieces of it off and sell them.”
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