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

1010 Scarlet Way, Encinitas, California 92024 home-pic-0

1010 Scarlet Way

Encinitas, California 92024

ACTIVE
CONDITION: EXCELLENT
5Beds
5Baths
3,979Sq Ft
12,233Lot Size

Property Price

LIST PRICE$3,595,000
EST. MARKET VALUE
$3,270,195
9% AboveMARKET VALUE

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

$3,270,195
Based on Realkey algorithm analyzing recent comparable sales in Encinitas.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1010 Scarlet Way
Subject
$3,595,000*
List Price
553,979$822-
A
515 Verbena Ct
Sold
$3,150,000554,011$7850.9 mi
B
468 Sandalwood Ct
Sold
$4,400,000454,200$1,0480.8 mi
C
473 Sandalwood Ct
Sold
$2,700,000654,060$6650.8 mi
D
1259 Berryman Canyon Lot 9
Sold
$4,500,000565,132$8770.9 mi
E
548 Quail Pointe Lane
Active
$2,849,000
List Price
564,292$6640.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

7/10

Ada W. Harris Elementary School

Grades 3-6 • 0.8 mi

7/10

Flora Vista Elementary School

Grades K-6 • 1.3 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
77%
Baths5.03.0
80%
Square foot3,9792,317
87%
Lot Size12,2336,868
77%
Price$3.60M$2.12M
88%
Price per sq ft$903$957
41%
Built year20121985
83%
HOA$232.0$36
75%
Days on market5156
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

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