Del Mar Estate Most Expensive Home in San Diego

by Eric Murphy

We follow luxury listings throughout the world, and when a home listed above $50 million hits the market, it’s NEWS by any stretch of the imagination. And San Diego is just the latest to break that barrier.

Priced at $76 Million, this circa 1937 oceanfront Del Mar trophy estate sits on nearly 5.5 singular acres. The two story home has nine bedrooms and six-and-a-half bathrooms and ocean frontage of 396 feet. It is an oceanfront estate that will appeal to top tier and global real estate collectors–and is a relative bargain compared to other hurricane-prone waterfront estates.

We caught first official details of the story from Michelle Mowad, crack reporter and writer for The San Diego Business Journal. She interviewed agents (listed by Brian Guiltinan with Prudential California Realty) involved in the offering and reveals that the property is owned by San Diego venture capitalist William “Bill” Stensrud, one of San Diego’s wealthiest residents. He is a partner with Enterprise Partner’s Venture Capital, who recently acquired Muze, Inc.–reportedly purchased the Del Mar property seven years ago for a (then) record-setting $25 million.

This just-listed, private, and gated estate also sits across from the Del Mar Race Track, and is just a short stroll away from Del Mar Village and shopping in Solana Beach.

And given that Del Mar and coastal San Diego County arguably have the finest year round climate in the world as well as a thriving economy–this is one real estate offering that may not last for long.
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