1303 Cave Street 15 Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this “gatekeeper” site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the options to transform it into a single-family estate, a multi-generational compound or multi-unit rental asset. The property consists of five separate residences across two connected structures - a 3BR/2BA, 2BR/1BA, a 1BR/1BA and two studios - situated above four single-car garages and centered around a private courtyard. These existing improvements provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the land’s extraordinary elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project - an architectural jewel at the entrance to the iconic Cove and Scripps Park - that simply cannot be replicated in today’s landscape.