Listing details: 7254 Olivetas Ave., La Jolla, Calif.
Architect’s challenge Location: 7254 Olivetas Ave., La Jolla, CA 92037Asking price: $4,985,000Previously sold for: $2,986,000 in 2004Size: Five bedrooms, 5 1/2 baths in 4,435 square feet Lot size: 5,776 square feet Additional features: Custom cabinetry, built-in refrigerator-freezer, wood-topped island, limestone flooring, three fireplaces, walk-in closets, outdoor shower, custom sound systemAround the neighborhood: Through September, 179 single-family homes sold this year in the 92037 ZIP Code, according to MDA DataQuick, at a median price of $1.4 million. That was an 8.8% price drop from the first half of 2008. There were 288 homes listed for sale last week in 92037 at Realtor.com priced from $449,000 to $28.55 million.Listing agent: Linda Marrone, Coldwell Banker, La Jolla, (858) 456-3224
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