The Corey House-Historic Site #375 was built in 1909 and was moved to Heritage Place in 2003. Right, the open concept great room at the Corey House, once home and office to Dr. Martha Dunn Corey, La Jolla’s first female physician. Photo courtesy of Coldwell Banker Residential Brokerage

The Corey House-Historic Site #375 was built in 1909 and was moved to Heritage Place in 2003. Right, the open concept great room at the Corey House, once home and office to Dr. Martha Dunn Corey, La Jolla’s first female physician. Photo courtesy of Coldwell Banker Residential Brokerage

— It was a passion for preservation and a sense of place that created Heritage Place in La Jolla — a charming collection of three historic cottages in La Jolla’s Barber Tract neighborhood.

photo

The Rhoads House-Historic Site #128 at 7210 La Jolla Blvd., was built in 1917 and is part of a compound of three historic cottages on a third of an acre called Heritage Place. Photo courtesy of Coldwell Banker Residential Brokerage

Linda Marrone, an affiliate agent with the office of Coldwell Banker Residential Brokerage, has the listing on the one-of-a-kind property that she said is a rare opportunity to own a collection of three meticulously restored, award-winning historic homes that seamlessly merge modern day amenities with their discrete classic architectural styles. Surrounded by professionally landscaped grounds on a third of an acre two blocks from the beach, the property comes with the Mills Act property tax savings.

photo

The Galusha B. Grow House Historic Site #133, also known as the “Yellow Cottage” was moved to Heritage Place in 1979. Photo courtesy of Coldwell Banker Residential Brokerage

The address is 7210 La Jolla Blvd. between Dunemere Drive and Arenas Street in La Jolla. The listing price is $4.35 million.

Heritage Place was born when Patricia and Bob Schaelchlin, active La Jolla preservationists, were inspired to take action in the early 1970s when they observed that parts of La Jolla’s history was systematically being scraped away in favor of modern commercial and residential structures.

They set about to do what they could to preserve the legacy of at least some of La Jolla’s history for future generations.

“Actually the yellow cottage was the inspiration,” Marrone said. “It was more or less on the chopping block and slated to be torn down for a huge retail office space.”

Marrone, a realtor since 1990, is also certified in selling and marketing historic and architecturally designed homes by the National Trust for Historic Preservation in Washington, D.C. In 2008, she was appointed by the mayor of San Diego to serve on the City of San Diego’s Historical Resources Board where she served for eight years.

Marrone said the Schaelchlins had purchased a 0.34-acre lot on La Jolla Boulevard in 1974 that already had a bungalow on it as the beginning of their journey to create a home for other endangered historic properties around La Jolla.

The existing home and land was formerly owned by Horace Rhoads, who was a vice president/business manager of the newspaper the San Diego Sun, (later bought out by E.W. Scripps) as well the founder of the San Diego Athletic Club in the early 1920s. In 1928, he decided to move his home on Wall Street in the heart of the village to its current location on La Jolla Boulevard in light of the encroaching commercial structures springing up around his residence.

The home, historically designated as the Rhoads House in 1978, is the largest of the three. Originally built in 1917 and designed in the Craftsman Bungalow style, the home was meticulously restored and expanded in 2006 and is now approximately 3,090 square feet with four bedrooms, three baths and a semi-attached guesthouse.

The Schaelchlins then moved the Yellow Cottage to the Heritage Place property in 1979 from 7831 Ivanhoe Ave. The “Yellow Cottage” is a Victorian Vernacular style home that was built in 1895 and is historically designated as the Galusha B. Grow House. Galusha Grow was once well known in San Diego banking circles and was also a fire commissioner. The house is now a restored two-story home with 1,000 square feet, two bedrooms and one-and-a-half baths.

The last house to be moved to the property was the Martha Dunn Corey house, a Victorian Bungalow-style home that was built in 1909. During its lifetime it is believed to have been moved several times before it found its permanent spot at Heritage Place in 2003. It has a redesigned interior of approximately 745 square feet with an open floorplan and a loft-style bedroom. The Corey house was home to La Jolla’s first female doctor and also served as her office.

Marrone said the current owners worked with the historical resources board and did everything to the secretary of the interior standards — the standards required to remodel, restore or rehabilitate a historic structure. All three houses have newer plumbing, foundations and electrical.

“Each of the people who have been looking at it has a different way of how they would use it,” Marrone said. “Some of them are looking at living in the large house that has more than 3,000 square feet and a guesthouse and then renting out the two smaller cottages as long-term rentals.”

Other couples are considering it as a family compound and renting out the cottages if they aren’t there, in keeping with the original vision of the Schaelchlins.

Marrone said there have also been a number of calls from people interested in it as an investment property “because it’s listed in the MLS as a single-family residence and also as residential rentals.”

“It’s one of those (properties) that each person that has come in has looked at it with a different set of eyes; it has all those options,” Marrone said. “This neighborhood is so close to the beach and downtown La Jolla; it’s an ideal location.”

Send luxury real estate items to sglidden@sdbj.com.