This property at 4635 Yerba Santa Drive , San Diego, CA92115 has listed by Drew  Field but has not been updated for quite some time. Please contact the listing agent and broker for up to date information.

4635 Yerba Santa Drive
San Diego, CA92115

$2,400,000

Single Family Residential

4 beds3 full baths2 half baths5682 sqft

Lot: 2.43acres Year built: 1967

Sold

Urban Oasis in Prominent Alvarado Estates

Drew Field with Sotheby's International Realty sold this extraordinary estate twice; both the highest home sales price in the neighborhood of Alvarado Estates as of escrow close date according to MLS Sandicor. Be sure to view the YouTube video by clicking on link to left or going to www.fieldestates.com. Thinking of selling or buying? Contact Drew to schedule an appointment. I take great pride in using my expertise, resources, and global connections to perfectly unite extraordinary places with the extraordinary buyers who will cherish them as I do. (Drew Field: Cal BRE Lic. # 0186264)

About the Neighborhood

The Alvarado Estates community is located on the plateau above Mission Valley, just west of San Diego State University. Alvarado Estates is a gated community of homes on lots of one acre or more, private streets, and its own community park. There is one common thread in the blend of architecture: None of the homes is more than one story above street level, and most have wonderful views over pristine canyons.

Alvarado Estates may be accessed from Montezuma Road between College Avenue and Fairmount Avenue just south of Interstate 8 in San Diego, California. The main street of Alvarado Estates is Yerba Santa Drive, which intersects with Montezuma Road. Other streets in the Association area include: Armin Way, Avion Way, Fremontia Lane, Le Barron Road, Mesquite Road, Norris Road, Palo Verde Terrace, Toyon Road, Toyoff Way, and Yerba Anita Drive.

Neighborliness is fostered by the Alvarado Community Association, a California nonprofit mutual benefit corporation. The Association is managed by a Board of Directors, consisting of 11 volunteer residents, that provides for social events, management of the private roads, gate, community park, and trash collection. The Board also interprets the Covenants, Conditions and Restrictions that are recorded on all of the 129 lots in the community.

The mailing address of the Association is 4774 Yerba Santa Drive, San Diego, California 92115.

History

In 1948 a group of professors and local professionals met to discuss the possibility of providing home sites for those who loved the outdoors, with a particular emphasis on horseback riding. With the aid of a local developer, the site, west of then San Diego State College, was decided upon. It was a rather wild area that had never been used before, the only existing infrastructure being a private airport and one house.

A surveyor was hired to map the area and suggest lot lines for home sites to the north of the airport. By 1952, the Covenants, Conditions & Restrictions were recorded on the land and lots were ready for sale. The initial group met in the cafeteria at San Diego State and organized themselves, holding a drawing out of a hat of numbers for the order of selection of the lots. The lots all sold initially for less than $5,000 each, but resales quickly reached $5,000 and construction on lots began one by one.

In 1965, a second set of lots was surveyed, annexed to the Association and the new members joined. By this time, the airport had been shut down and its runways had been turned into home sites.

Alvarado Terrace, an area to the southeast on the same plateau, was built out but was not annexed to the Association until the year 1999, when the Association won approval from the City of San Diego to construct a gate at the entrance of the Estates, turning the public streets into private streets. The change to a gated community was the result of the decision of San Diego State University to build Cox Arena, a site to be used for sporting events and popular concerts, which threatened the Community with parking and traffic issues.

Homes on Yerba Anita Drive, to the east of Alvarado Estates, were annexed in 2001 as a result of concern about fire hazards on the eastern edge of the Estates. A plan to make that street private and gate it to protect the eastern edge did not succeed and some of the Yerba Anita Drive owners were allowed to withdraw from the Association.

Today, the Association territory includes 129 lots, in addition to the common area owned by the Association. Its Covenants, Conditions & Restrictions were last updated in May 2004.

More details

Drew Field sold this extraordinary estate in February 2015 for $2.5M and in January 2016 for $2.4M; both the highest home sales price in the neighborhood of Alvarado Estates.
 
It’s easy to perfect the art of living when you live within a work of art. Located in prominent Alvarado Estates, this 5,682 sq. ft. modern architectural oasis rests peacefully on a canyon rim and artfully combines indoor and outdoor living. Innovative architecture, premium design finishes and meticulous attention to detail are immediately apparent throughout this modern home.
 
Extensively remodeled, this modernist estate centers on a soothing resort-style pool and features solar generated electricity, four spacious bedrooms and five modern bathrooms, a media room, integrated sound system, three balconies, three car garage, hot tub, steam room, and a beautifully appointed chef’s kitchen. The chef’s kitchen includes an informal dining area and features custom maple cabinets, granite countertops, brilliant glass tiled backsplash, and Viking gourmet appliances. The focus of the kitchen and nearby gathering room is the sweeping view of the resort-style pool and outside entertainment area. Both gathering and formal living rooms are anchored by impressive limestone fireplaces. Found throughout are solid mahogany doors and trim and soaring ceilings with dramatic glass doors which further enhance the contemporary style of the home, and floors of gleaming chestnut and polished travertine are an outstanding accent in this perfect place for entertaining.

The master retreat includes a luxurious master bath and spa, a grand walk-in closet with custom storage cabinetry, and floor-to-ceiling glass wall framing expansive canyon vistas. All bathrooms incorporate the finest finishing materials including custom maple cabinetry, brilliant marble and granite and shimmering travertine.

Located in one of San Diego’s prominent neighborhoods only minutes from downtown, La Jolla, beaches, destination shopping and dining, this extraordinary estate makes a dramatic architectural statement – embodying sophistication, tranquility and self-expression.

Drew  Field

Pacific Sotheby's International Realty
619-886-3909
Listed by: Drew Field with Pacific Sotheby's International Realty

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