Real Estate Industry News

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"Exterior"

Exterior

Preview First

After five years on the market, the just-closed sale of a 7,625-square-foot home in the Del Mar region of San Diego goes to Jenny Craig, founder of the eponymous weight loss company. The home was first put up for sale in 2014 for $39.5 million and came down in price several times, most recently to $27 million in March of this year. The sale closed this week for $22 million. Despite its 44% price reduction the home still comes in near the top of the highest-priced home sales for Del Mar and all of San Diego County. It is also the highest-priced sale in over a decade. The highest priced sale on record is a 10,000-square-foot $48.2 million home that sold in 2007. After that is a $28 million home measuring 5,000 square feet that also sold in 2007. Then, according to public records, comes the sale of Craig’s property, a five-bed, seven-bath compound built around a central pool.

Its compound-like structure, plus the eighty feet of beach frontage, can be seen from this drone shot.

"Overhead"

Overhead

Preview First

The two-story house is designed to blend in with the outdoors, with most of the main living spaces oriented towards the series of glassy double doors that face the ocean. Here’s the dining room.

"Dining

Dining Room

First Preview

The kitchen is technically indoors but has immediate access to the outside that is feels like it is an outdoor kitchen. The weather-resilient floor tiles make a nice transition between the exterior courtyard and the more interior rooms.

"Kitchen"

Kitchen

First Preview

Here’s a look at one of the bedrooms, which uses shaded glass to maintain privacy while still having views of the ocean. A tiled hearth fire place can add to the coziness.

"Bedroom"

Bedroom

First Preview

For one last look, here is a close up of the wide porch that looks out to the ocean.

"Porch"

Porch

First Preview

Jason Barry&nbsp;of Barry Estates represented the undisclosed buyer and Zachary Weinger&nbsp;of Willis Allen Real Estate repped the seller. Barry Estates also repped Craig when she sold her $18 million horse ranch to Microsoft head Bill Gates, which Forbes previously reported on here.

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After five years on the market, the just-closed sale of a 7,625-square-foot home in the Del Mar region of San Diego goes to Jenny Craig, founder of the eponymous weight loss company. The home was first put up for sale in 2014 for $39.5 million and came down in price several times, most recently to $27 million in March of this year. The sale closed this week for $22 million. Despite its 44% price reduction the home still comes in near the top of the highest-priced home sales for Del Mar and all of San Diego County. It is also the highest-priced sale in over a decade. The highest priced sale on record is a 10,000-square-foot $48.2 million home that sold in 2007. After that is a $28 million home measuring 5,000 square feet that also sold in 2007. Then, according to public records, comes the sale of Craig’s property, a five-bed, seven-bath compound built around a central pool.

Its compound-like structure, plus the eighty feet of beach frontage, can be seen from this drone shot.

The two-story house is designed to blend in with the outdoors, with most of the main living spaces oriented towards the series of glassy double doors that face the ocean. Here’s the dining room.

The kitchen is technically indoors but has immediate access to the outside that is feels like it is an outdoor kitchen. The weather-resilient floor tiles make a nice transition between the exterior courtyard and the more interior rooms.

Here’s a look at one of the bedrooms, which uses shaded glass to maintain privacy while still having views of the ocean. A tiled hearth fire place can add to the coziness.

For one last look, here is a close up of the wide porch that looks out to the ocean.

Jason Barry of Barry Estates represented the undisclosed buyer and Zachary Weinger of Willis Allen Real Estate repped the seller. Barry Estates also repped Craig when she sold her $18 million horse ranch to Microsoft head Bill Gates, which Forbes previously reported on here.