The sale, which was facilitated by Coldwell Banker Residential Brokerage agent Linda Marrone, marks the secondhighest oceanfront sale to date this year in San Diego, according to the San Diego Multiple Listing Service.
“We are very proud of Linda and her commitment to facilitate this transaction,” said Jeffery Nunn, branch manager of Coldwell in La Jolla.
The two-story, 90-year-old, 4,000-square-foot-plus home and guest house, dubbed “Casa de Lido,” was initially listed at $12.5 million and stayed on the market for 250 days before Marrone was able to close the sale of the beachfront property.
“Given the challenges this property presented, it took an agent with a very unique skill set to close the sale,” said Nunn.
The main house boasts five bedrooms, four baths, a lanai and an office with a one-bedroom guesthouse, lush garden and swimming pool.
In other news:
Coldwell Banker Residential Brokerage offices throughout San Diego will once again support the Marine Toys for Tots Foundation this holiday season. Seventeen Coldwell Banker locations are registered drop sites for those wanting to donate new, unwrapped toys, which will be collected until Dec. 17.
— Staff and contribution