Most Expensive Home Sold in San Diego in 2011

Well, the results are in! In 2010, the big winner for the most expensive home sold in San Diego went to a beach front mansion in Coronado for $10.5 million. For 2011, La Jolla wins the crown. After a tough year for our nation's economy and the real estate market, there are still those with enough money to pay $14.1 million IN CASH for a breathtaking mansion overlooking the bluffs in Torrey Pines (La Jolla). The big winner for "THE MOST EXPENSIVE HOME SOLD IN SAN DIEGO IN 2011" goes to 9826 La Jolla Farms Wy, La Jolla CA 92037.

This soaring custom designed cliff side manor boasts 7 bedrooms, 8 bathrooms and over 11,000 square feet of living space. With unobstructed ocean views, an infinity pool, private access to Blacks Beach, an 8-car garage, and a 2nd level guest home, the asking price started out at $19,388,000. After six months, and one bankruptcy court auction later, it finally sold for a whopping $14,097,000 making it the most expensive home sold in San Diego County in 2011. The buyer was "9826 Lfrca LLC" a corporation based out of Palm Beach, Florida who paid cash for the property. The commission for the listing agent on this deal alone was around $280,000.

Click on the following link to view more photos of the property: http://idx243281.fusionmls.sandicor.com/?r=1859402032&id=3139353330393032.413. When the new window appears in your browser, click on the link that says "more details" to learn some of the details of this transaction.