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7007 Country Club Drive
SOLD

Record $35M Sale Of Doug Manchester's La Jolla Estate To Ranch Capital

7007 Country Club Drive

Single Family
22,897 SF
clock iconSold 72 days ago
Brett Dickinson
Ross Clark
Lauren Gable
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Summary

Sale
CALIFORNIA
Single Family
22,897 sqft

The La Jolla property located at 7007 Country Club Drive, totaling 30.71 acres, was recently sold for a record-breaking amount of $35,000,000. This single-family asset boasts a substantial 22,897 square feet and was acquired by Larry Hershfield on behalf of Ranch Capital - Foxhill Invco Two LLC from the seller Doug Manchester. The transaction resulted in a price per square foot of $1,529.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $35,000,000
  • Buyer: Larry Hershfield - Ranch Capital - Foxhill Invco Two LLC
  • Seller: Doug Manchester
  • Buyer's Representative: Lauren Gable, Ross Clark & Brett Dickinson - Compass
  • Seller's Representative: Willis Allen Real Estate
  • Address: 7007 Country Club Drive
  • Market: La Jolla
  • Size: 22,897 square feet
  • Price per Square Foot: $1,529
  • Asset Type: Single Family

The 32-acre estate includes a stunning 23,000-square-foot mansion complemented by orchards, gardens, and a gym. Following the acquisition, the new owners have outlined plans to develop additional luxury homes on the expansive property while ensuring the preservation of its low-density character, marking a pivotal moment in the history of the area.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Brett Dickinson's profile picture
Brett Dickinson
Compass-image
Broker Associate
$57.5M Sold
Ross Clark's profile picture

Details

Deal Summary
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SOLD
IMAGE: Larry Hershfield, Lauren Gable, Ross Clark & Brett Dickinson DATE: 04/30/2024 ADDRESS: 7007 Country Club Drive MARKET: La Jolla ASSET TYPE: Single Family ~ ACRES: 30.71 BUYER: Larry Hershfield - Ranch Capital - Foxhill Invco Two LLC SELLER: Doug Manchester BUYER'S REP: : Lauren Gable (@LAJollaLauren), Ross Clark (@RealEstate92037) & Brett Dickinson (@BrettDickinson1) - Compass (@Compass) SELLER'S REP: Willis Allen Real Estate SALE PRICE: $35,000,000 SF: 22,897 ~ PPSF: $1,529 NOTE: La Jolla property previously owned by Doug Manchester was sold for a record $35 million, the highest sale in the area's history. The 32-acre estate features a 23,000-square-foot mansion with orchards, gardens, and a gym, and the new owners plan to develop additional luxury homes on the property while preserving its low-density character.

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Address7007 Country Club Drive

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