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It’ll cost almost $13 million to live next to Mitt

Backyard with access to a secluded stretch of coast
Backyard with access to a secluded stretch of coast

Current Owner: Yaz, LP

Listing Price: $12,980,000

Beds: 5

Baths: 7

With only 2850 square feet of living space, the just-remodeled luxury home at 310 Dunemere Drive in La Jolla doesn’t match up in size to many of the estates featured on these pages. It does, however, offer access to a secluded stretch of coast as well as a front-row seat to one of the most highly publicized residential real estate battles fought locally in recent memory.

The home itself was originally built in 1965 and contains five bedrooms and seven baths, including a master suite with whitewater ocean views through a wall of windows and a large sliding glass door.

The kitchen and baths feature lava stone and marble-slab countertops, mahogany and maple cabinetry, “glass and stone weave accent niche tile,” and copper and nickel sinks. There’s also a private spa and steam room, as well as an outdoor cabana bar with a refrigerator, ice-maker, and concealed television.

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Outside, there’s a large deck accessible from the living room and master bedroom on the main upper level. Below, a covered patio shelters the cabana bar and an outdoor dining area, with a private sandy yard featuring an outdoor fireplace overlooking the beach, which sits just below the yard.

Map

301 Dunemere Drive, La Jolla

301 Dunemere Drive, La Jolla

Despite the home’s age, it was recently renovated under the leadership of Bokal & Sneed, a Del Mar–based architecture firm, with interior design contributions from Phillips Houston Design in Solana Beach. The home has never been lived in since the remodel, and it’s being offered fully furnished with new designer appointments — the new buyer need only grab some clothes and adopt “a lifestyle and experience the value of which cannot be measured with dollars alone.”

Current records show the property as being owned by “Yaz,” an entity that can be traced to Poway real-estate investor Jeff Lepore. Lepore purchased the property from former mayor Maureen O’Connor for $2.4 million in 2010, the latter having liquidated a number of properties and assets around this time to feed a massive gambling habit that eventually landed her in trouble for illegally transferring more than $2 million out of her late husband’s charitable trust and into personal accounts. This sale, however, netted her no proceeds, and actually left multiple lenders taking a loss on more than $4.5 million in outstanding debt at the time the sale closed.

Sauna

Beyond the notable former owner, the home is sited next door to 311 Dunemere, the 3000-square-foot home purchased for $12 million in 2008 by former presidential candidate Willard “Mitt” Romney.

As early as 2010, Romney began attempting to demolish the house and replace it with an estate with more than 8000 square feet of living area.

After a long process including formal complaints from neighbors and a series of unpaid tax bills, Romney was given permission to proceed with his project in late 2013. Images published by San Diego’s NBC affiliate in late August show razed ground and a large bulldozer juxtaposed with the former home’s garage and entryway, indicating construction is in full swing.

The house next door to Mitt was originally listed for sale post-renovation in mid-May, with an asking price of $12,980,000 that remains unchanged to date.

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Backyard with access to a secluded stretch of coast
Backyard with access to a secluded stretch of coast

Current Owner: Yaz, LP

Listing Price: $12,980,000

Beds: 5

Baths: 7

With only 2850 square feet of living space, the just-remodeled luxury home at 310 Dunemere Drive in La Jolla doesn’t match up in size to many of the estates featured on these pages. It does, however, offer access to a secluded stretch of coast as well as a front-row seat to one of the most highly publicized residential real estate battles fought locally in recent memory.

The home itself was originally built in 1965 and contains five bedrooms and seven baths, including a master suite with whitewater ocean views through a wall of windows and a large sliding glass door.

The kitchen and baths feature lava stone and marble-slab countertops, mahogany and maple cabinetry, “glass and stone weave accent niche tile,” and copper and nickel sinks. There’s also a private spa and steam room, as well as an outdoor cabana bar with a refrigerator, ice-maker, and concealed television.

Sponsored
Sponsored

Outside, there’s a large deck accessible from the living room and master bedroom on the main upper level. Below, a covered patio shelters the cabana bar and an outdoor dining area, with a private sandy yard featuring an outdoor fireplace overlooking the beach, which sits just below the yard.

Map

301 Dunemere Drive, La Jolla

301 Dunemere Drive, La Jolla

Despite the home’s age, it was recently renovated under the leadership of Bokal & Sneed, a Del Mar–based architecture firm, with interior design contributions from Phillips Houston Design in Solana Beach. The home has never been lived in since the remodel, and it’s being offered fully furnished with new designer appointments — the new buyer need only grab some clothes and adopt “a lifestyle and experience the value of which cannot be measured with dollars alone.”

Current records show the property as being owned by “Yaz,” an entity that can be traced to Poway real-estate investor Jeff Lepore. Lepore purchased the property from former mayor Maureen O’Connor for $2.4 million in 2010, the latter having liquidated a number of properties and assets around this time to feed a massive gambling habit that eventually landed her in trouble for illegally transferring more than $2 million out of her late husband’s charitable trust and into personal accounts. This sale, however, netted her no proceeds, and actually left multiple lenders taking a loss on more than $4.5 million in outstanding debt at the time the sale closed.

Sauna

Beyond the notable former owner, the home is sited next door to 311 Dunemere, the 3000-square-foot home purchased for $12 million in 2008 by former presidential candidate Willard “Mitt” Romney.

As early as 2010, Romney began attempting to demolish the house and replace it with an estate with more than 8000 square feet of living area.

After a long process including formal complaints from neighbors and a series of unpaid tax bills, Romney was given permission to proceed with his project in late 2013. Images published by San Diego’s NBC affiliate in late August show razed ground and a large bulldozer juxtaposed with the former home’s garage and entryway, indicating construction is in full swing.

The house next door to Mitt was originally listed for sale post-renovation in mid-May, with an asking price of $12,980,000 that remains unchanged to date.

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The latest copy of the Reader

Please enjoy this clickable Reader flipbook. Linked text and ads are flash-highlighted in blue for your convenience. To enhance your viewing, please open full screen mode by clicking the icon on the far right of the black flipbook toolbar.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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