La Jolla

1540 Virginia Way

Offered at $6,295,000

JUST LISTED!

This luxurious and private home is set on two lush lots in the heart of the Village. Designated historic (Mills Act) with tax relief. Meticulously restored taking care to maintain its vintage charm. Sweeping panoramic ocean and night light views from the quiet cul-de-sac end of Virginia Way. Home features elegant foyer, large eat-in kitchen, wet bar, elevator, library, sunlit formal dining room, bedroom/bath on main first level, laundry chute, and a pool/spa off family room.

Joan Huffman

(858) 245-5626

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Reserve to preserve

Last week we discussed the major differences between the financial management of an HOA versus that of a traditional rental community. One difference is that an apartment community will fund its major repairs from its annual budget or via other funding arranged by the property owner. An HOA, on the other hand, is required to set aside "reserve funds" for the repair and replacement of major common area components.

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Home Sales Database

13-0313995 house Escondido CA 92026 1904 Felice Dr John D. Kosich Rodney D. Utterback and Mary J. Utterback 224-470-23 $315,000 5/20/2013 5/23/2013
13-0313997 house Oceanside CA 92056 3784 Via Baldona Gregory J. Gelgand and Michele Marie Gelgand Mona Aftim Fallaha 169-471-04 $460,000 5/20/2013 5/23/2013
13-0314012 condo Santee CA 92071 10124 Star Magnolia Ln Michael John Critchley and Audrey Critchley Michael Loether and Elizabeth Loether 381-742-38 $420,000 5/20/2013 5/23/2013
Last Updated 5/20/2013

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