This was the former mayor’s house, sold as a short sale in 2010 for $2,400,000.
It was (re)listed for $12,980,000 three weeks ago, and is now marked pending. It was probably assisted by the two La Jolla oceanfront listings that hit the market this week – both over $20,000,000. Or by Romney living next door? Maybe he picked up another piece!
Just Completed! La Jolla, CA. from Urban Green Productions on Vimeo.
Jim Klinge
Klinge Realty Group
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Trustindex verifies that the original source of the review is Google. Jim & Donna Klinge helped us sell our home of 30 years in Ocean Hills. We were very happy with their service and would HIGHLY recommend them to anyone looking for an Honest, Knowledgeable, Skilled, Informed Efficient realty team. Both Jim & Donna were so helpful in different ways and complemented each others skills. Please refer to a more detailed review that we wrote on YELP. Thank You Both for all your help!!!Trustindex verifies that the original source of the review is Google. A+ thank youTrustindex verifies that the original source of the review is Google. Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years. Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. 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Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. 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Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Load more
How many car spaces in the basement?
One payday like that and you done LOL, nothing but umbrella drinks while sitting on the beach.
JtR, was this a total remodel or did the guy who nabbed the short sale in 2010 just live in it and then sell it this year? If a remodel did he go all the way down to the studs? Wish I could see the “before and after” photos and of yeah, get the address…
I surmise that this was hardly a traditional flip.
From $11M in ’09 to $2.4M “short sale” in 2010 to $13M in 2015…?
This had to have been a golden handshake, a family go-ahead, or some other relationship-based transaction, aided by the bank.
I’m not suggesting some Dominelli-era chicanery. It’s just that I can’t rationally imagine an owner leaving a conservative $3M on the table because he couldn’t make the payment. Someone would have thrown him/her a line for a piece of the action. There has to be something more here.
N.B.: While I’m unsophisticated on the real estate front, I have never failed to be entertained by the hubris of San Diego’s ruling class, variously including Hortons and Hedgecocks, Copley’s and Jacobs.
The short sale seller was Maureen O’Connor, who had her hands full with gambling debts and felony embezzling charges.
Ah, of course. L’il Mo.
Still, care to make odds that the short sale buyer received some sort of roller derby whip-in to the deal?
Yes, an insider deal.
It was listed in 2009 for $7,499,000 but didn’t sell.
In 2010 it was listed for $2,900,000, lowered to $2,490,000 and then marked pending – all on the same day! It closed 4 months later for $2,400,000.
“I’m not suggesting some Dominelli-era chicanery…”
I resist the temptation of believing a community is made up of exploiters, suckers, and the mugs, but then the lights go out at Lehman Brothers, and it makes the rationalizing difficult. I always feel the same way you do, though. Since my mentality isn’t about reeming my community, or someone else’s, for raw personal gain, I find it hard to believe it’s that simple when it seems to be occurring.