1010 Scarlet Way, Encinitas, California 92024, Encinitas, 92024 - 5 bed, 5 bath

1010 Scarlet Way
Encinitas, California 92024
Property Price
SUMMARY
Analysis of 1010 Scarlet Way, Encinitas, California 92024 reveals a property with a current list price of $3,595,000, which is 9% above the estimated $3,270,195 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Encinitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1010 Scarlet Way Subject | $3,595,000* List Price | 5 | 5 | 3,979 | $822 | - |
A 515 Verbena Ct Sold | $3,150,000 | 5 | 5 | 4,011 | $785 | 0.9 mi |
B 468 Sandalwood Ct Sold | $4,400,000 | 4 | 5 | 4,200 | $1,048 | 0.8 mi |
C 473 Sandalwood Ct Sold | $2,700,000 | 6 | 5 | 4,060 | $665 | 0.8 mi |
D 1259 Berryman Canyon Lot 9 Sold | $4,500,000 | 5 | 6 | 5,132 | $877 | 0.9 mi |
E 548 Quail Pointe Lane Active | $2,849,000 List Price | 5 | 6 | 4,292 | $664 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This 2012-built former showcase model is in pristine, turnkey condition, featuring high-end modern upgrades that meet current luxury standards. The chef's kitchen is outfitted with premium Taj Mahal leathered quartzite countertops and professional-grade stainless steel appliances, while the bathrooms feature marble flooring, polished quartz, and Hansgrohe fixtures. With wide-plank oak flooring throughout, owned solar, and meticulous interior and exterior maintenance, the property shows no signs of physical depreciation and functions as a virtually new home.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
- Oversized Coastal Lot
Situated on a rare 12,233-sq-ft cul-de-sac lot, this property offers exceptional privacy and expansive outdoor living space, including a custom BBQ station and fireplace, which is highly coveted in coastal Encinitas.
- Premium Model Home Upgrades
As a former showcase model, the residence features high-end finishes such as Taj Mahal leathered quartzite countertops, wide-plank oak flooring, and owned solar, providing a turnkey luxury experience.
CONSRISKS & DEFICIENCIES
- Aggressive Price Appreciation
The property is listed at $3.595M after selling for $1.85M in 2021; this significant price jump may lead to appraisal challenges or resistance from value-driven buyers in the current market.
- School Zone Traffic Congestion
Located only 0.07 miles from Oak Crest Middle School, the immediate vicinity likely experiences high volumes of traffic and noise during morning drop-off and afternoon pick-up hours.
About 1010 Scarlet Way
Situated on a premier cul-de-sac lot in coastal Encinitas, this exceptional former Warmington Homes showcase model offers luxury, space, and privacy on an oversized 12,233-sq-ft lot. This turnkey 5-bedroom, 5-bath residence blends elegant design with modern comfort — ideal for both everyday living and entertaining. A custom 8-foot front door opens to a dramatic two-story foyer, where wide-plank oak flooring flows throughout the main living areas. The light-filled great room features soaring ceilings, a striking west-facing wall of windows, and French doors that open to sun-drenched outdoor spaces. Formal living and dining areas, along with a built-in bar with dual beverage refrigerators, create the perfect setting for gatherings large or small. The chef’s kitchen is a true centerpiece, equipped with premium stainless-steel appliances, a 6-burner range with griddle, double convection ovens, a double-wide refrigerator, large farmhouse sink with purified water, walk-in pantry, and stunning Taj Mahal leathered quartzite countertops — all centered around an expansive island and open to the inviting family room with fireplace. A main-level bedroom with ensuite bath provides ideal accommodations for guests, extended family, or live-in support. Upstairs, the luxurious primary suite opens through French doors to a private ocean-view balcony — perfect for morning coffee and year-round sunsets. The spa-inspired bath features a soaking tub, oversized shower with bench, dual vanities with Hansgrohe fixtures, marble flooring, polished quartz counters, and an expansive walk-in closet. An additional ensuite bedroom with private balcony, two secondary bedrooms connected by an upgraded Jack-and-Jill bath, and a spacious light-filled bonus loft offer flexible space for a home office, media room, playroom, or retreat. The upstairs laundry room adds everyday convenience. The backyard is a rare coastal find — large, private, and beautifully landscaped. Enjoy an expansive lawn, raised garden beds, multiple patio areas, and a custom covered outdoor built-in BBQ and fireplace, creating distinct spaces for relaxation and entertaining. Additional highlights include, finished 3-car garage with epoxy floors, extensive built-in storage cabinets, overhead storage racks, owned whole-house Culligan water softener/conditioner, owned solar system. Ideally located near top-rated schools, parks, shopping, dining, beaches, historic Highway 101 and the El Camino Real corridor, with convenient freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2012
- Lot Size
- 12,233 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $232.0 / Month
Neighborhood Insights
Encinitas Unified Schools
Ocean Knoll Elementary School
Grades K-6 • 0.3 mi
Ada W. Harris Elementary School
Grades 3-6 • 0.8 mi
Flora Vista Elementary School
Grades K-6 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 3,979 | 2,317 | 87% |
| Lot Size | 12,233 | 6,868 | 77% |
| Price | $3.60M | $2.12M | 88% |
| Price per sq ft | $903 | $957 | 41% |
| Built year | 2012 | 1985 | 83% |
| HOA | $232.0 | $36 | 75% |
| Days on market | 5 | 156 | 5% |
Pricing History
Listed for Sale
Mar 2, 2026
$3,595,000
Initial Listing
Sold
Aug 9, 2021
$1,850,000
Public Record
Sold
Nov 14, 2012
$1,249,000
Public Record





































