$25 million Home for Sale on PLNU’s Campus

“On-campus” housing options at PLNU now includes a house that is currently listed for $24,995,000. According to Zillow, the property offers 180-degree ocean views from nearly everywhere inside and outside the home, similar to those that students experience on PLNU’s campus.

The house boasts six bedrooms, five bathrooms and a four-car garage for its new owners. The 7,300 square-foot home’s stunning price tag and prime location makes PLNU students consider what residence life on campus is really worth. Senior biology major Becca Salgado says, “You can basically see the ocean from anywhere on campus, and the neighborhood is really safe! I feel like the Point Loma area is close enough to other major sites like Fashion Valley, Old Town, Northpark and Convoy.”

The home for sale, 4095 Lomaland Drive, is located just south of the PLNU’s Department of Public Safety and offers a unique setting to potential buyers, who must enter PLNU’s campus to access their home. Situated on 1.55 acres, the home is rather private, surrounded by a wooded area, as well as, the offices and buildings of PLNU. Realtor, Karen Duvall Meyer of Ascent Real Estate says the home has been on the market 134 days. “Because it is such a unique property, it may take a long time to sell,” says Duvall Meyer.

The unique setting, massive size and expensive listing makes the property distinct from others in this area. The home’s stunning backdrop puts the property in a whole new price category. Considering the market price of the home, one can only imagine PLNU’s own property value. The university campus constitutes 90 acres atop Sunset Cliffs and is home to endless ocean views.

A PBS documentary about San Diego’s historic places describes the original owners of the Lomaland property as a theosophical society where members lived, worked and went to school. Following the Great Depression, the society moved and the Lomaland property went through various owners. PLNU, formerly known as Pacific Bible College, was founded in 1902 and moved to the breathtaking Point Loma location in 1973. Since then, students, faculty and staff have had the privilege of living and learning practically on top of the Pacific Ocean.

Senior athletic training and applied health double major, Sarah Lentz, is thankful for her undergraduate residence life experience. Lentz says, “I think it’s incredible that as a student I get to live on a property where I can look out my bedroom window and see the ocean, when people pay millions of dollars for houses with the same view.” Given the scenery, PLNU truly provides a million-dollar experience to its students.