Pacific Sotheby's International Realty Sets Record With $22.5M Sale Of The ORA House

The ORA House, an oceanfront property located at 5228 Chelsea Street in La Jolla, has been sold for a record-breaking price of $22.5 million. The sale, which took place on April 26, 2023, was facilitated by Deborah Greenspan of Pacific Sotheby's International Realty and Brett Dickinson of Compass. This transaction marks the highest-priced sale in San Diego County since 2021 and showcases the thriving luxury real estate market in the area.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $22,500,000
• Address: 5228 Chelsea Street
• Market: La Jolla
• Property Size: 7,581 square feet
• Price per Square Foot: $2,968

The ORA House, designed by Blue Heron, boasts an impressive modern design that seamlessly integrates natural elements with indoor-outdoor living spaces. With breathtaking waterfront views, this property offers a luxurious and serene living experience. The successful sale of The ORA House highlights the expertise and professionalism of Deborah Greenspan and Brett Dickinson, who represented the sellers in this historic transaction.

It is noteworthy that this sale sets a new benchmark in the San Diego luxury real estate market and emphasizes the desirability of properties with distinctive features and exceptional design. The record-breaking price achieved for The ORA House reflects the ongoing demand for premium properties in the area, further cementing San Diego as a prime destination for luxury living.