€10,573,625
€1,545,808
Located on one of the most coveted streets of Olde Del Mar, this coastal craftsman is a masterpiece of relaxed luxury. Offering expansive ocean views throughout and only a block to the sand or a leisurely stroll to Del Mar shops and restaurants. The main level of the home is welcoming with a beautiful wood burning fireplace and a kitchen fully equipped for any chef with Wolf and Sub Zero appliances. The great room and dining area are expertly situated adjacent to the kitchen making for a great entertaining area for guests. Ocean views and high beamed white timber ceilings make the space feel airy and light. A unique iron and glass staircase leads to an unbelievable media/game room perfect for entertaining (kids or adults!) with a must-see wet bar that includes a wine refrigerator and four pull-out beverage drawers. A light & bright lower level with 10' high ceilings.
There are an additional amply sized 3-bedrooms and large storage room. The spectacular master retreat is private and offers incredible ocean views and a rooftop terrace for enjoying spectacular sunsets. The home features many special patios and entertaining spaces including a true entertainer’s backyard with an outdoor kitchen, a fireside farmhouse table and BBQ, an enormous in-ground hot tub, fire pit, enclosed/outdoor shower & six off-street parking spaces. All expertly designed into a gorgeous craftsman masterpiece. Beautifully landscaped with raised vegetable beds & citrus trees. Live like it’s summer all year long! This is a truly one-of-a-kind home you won’t want to miss.
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How we estimated this 1/8 share price
We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.
| Purchase PriceWhole property: €10,573,625 | €1,321,703 |
| Upgrades, Taxes, and CompletionInterior design, furnishings, inspection & applicable taxes | €63,000 |
| Pacaso Service FeeBuyer aggregation & legal | €165,297 |
| Estimated 1/8 Ownership44+ nights per year | €1,545,808 |
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Flexible ownership
Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Transfer
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Resale
Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.
Selldown
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
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Understanding ownership costs
Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.
Courtesy of - Melissa James, Ranch and Coast Real Estate
Whole home list price: €10,573,625
All listings are represented by licensed independent brokerages.