In what could make for a record breaking sale in San Diego County, weight loss icon Jenny Craig has listed her luxurious beachfront property in Del Mar for $39.5 million. The exquisite home is currently one of the most expensive properties listed in the county.
The property at 2936 Ocean Front features plenty of amenities that will keep the luxury buyer out in the San Diego sun with a vast courtyard featuring a three-lane swimming pool, spa and a beachfront patio. A beautifully-tiled colonnade stretches the length of the courtyard, serving as a luxurious cabana-like property to the outdoor patio space. A smattering of potted plants and palm fronds also emanate an exotic feel, making this space feel more like a lavish vacation destination rather than a home.
The home itself is 8,000 square feet of pure opulence. It features five bedrooms and six-and-a-half bathrooms in addition to features that seem to come standard for all luxury buyers these days such as a professional chef’s kitchen. Being right on the beach, two of the bedrooms on the property open out to the most spectacular ocean views with balcony access to enjoy the fresh, salty breeze.
In addition to the main house, there is also a separate guest suite outfitted with a private living room, kitchen and bathroom.
The original diet diva, who recently celebrated her 82nd birthday, purchased the home in 1986 with her late husband for $3.25 million, according to public records. If she is able to fetch a price even close to her asking value, Craig stands to make a killing in the San Diego real estate market.
Del Mar Real Estate Update
As Jenny Craig prepares to bid farewell to one of the priciest and most luxurious communities in San Diego County, and the entire country for that matter, the local real estate market stands to provide her with conditions that could very well give her a run for her money. According to Altos Research, a California-based real estate analytics company, the market in Del Mar is currently running in favor of home buyers despite a healthy increase in home prices noted in the area.
Altos reports on buyer and seller activity through a unique value known as the Market Action Index. This value measures from a neutral point of 30 whether trends are working up in favor of home sellers or down in favor of home buyers. With an MAI of 27.92, Del Mar is currently in favor of luxury home buyers. The MAI recently fell over the last few weeks from a seller-favored 31. This wavering indicates that this exclusive community is hovering right around neutral conditions, a healthy indicator of a rather balanced market.
Despite being in favor of home buyers, Del Mar’s home values are still gaining at healthy rates. The median, single-family home value as of August 1 was notched at $2,140,723 and gaining.
If you are interested in the exquisite real estate of Del Mar, please don’t hesitate to contact our luxury property representatives today.