
Encinitas, California 92024
This Spanish Modern Estate is a High-Potential Investment Opportunity, listed at $4,995,000—positioned well above the $4,865,043 Fair Market Value by -2%. Featuring an Excellent Condition Rating, this property offers a single-level main residence with a detached guest house, owned solar, and a custom cedar wine cellar. Located near top-rated schools like Pacific Trails Middle, it provides a rare, private sanctuary for multigenerational families or discerning owner-occupants seeking a turnkey coastal lifestyle in Encinitas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 Crest Dr Subject 4 bd · 5 ba · 4,722 sqft · $1,030 | $4,995,000* List Price | 4 | 5 | 4,722 | $1,030 | - |
A 1240 Berryman Canyon Sold 5 bd · 5 ba · 4,962 sqft · $1,007 · 0.6 mi | $4,995,000 | 5 | 5 | 4,962 | $1,007 | 0.6 mi |
B 1376 Tennis Club Drive Active 5 bd · 4 ba · 4,575 sqft · $961 · 0.8 mi | $4,395,000 List Price | 5 | 4 | 4,575 | $961 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2005, the property presents in mint condition with a high-end modern kitchen renovation featuring premium appliances, marble slab backsplashes, and contemporary cabinetry. The inclusion of owned solar, modern HVAC systems, and updated interior finishes aligns with the <5-year renovation criteria for an excellent rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19368, living area = 4722.
Middle School: Pacific Trails Middle (10/10).
The property features a rare single-level main residence complemented by a detached 748-square-foot guest house, providing exceptional flexibility for guests, a home office, or extended family living.
A $300,000 price reduction within the first two weeks of listing suggests the initial pricing may have exceeded current market expectations, potentially affecting buyer momentum.
Although the property is served by high-ranking schools, the top-rated middle school is located over seven miles away, which may be a drawback for families prioritizing proximity to all educational levels.
Set behind private gates on an expansive 19,368-square-foot homesite, this extraordinary Spanish Modern estate embodies timeless elegance, exceptional craftsmanship, and the effortless indoor-outdoor lifestyle that defines coastal Encinitas. Built in 2005 and spanning approximately 4,722 square feet, the thoughtfully designed property features a beautifully appointed single-level main residence and a detached guest house, offering the perfect balance of luxury, comfort, and privacy.esigned for both grand-scale entertaining and everyday living, the main home showcases spacious open-concept living areas filled with natural light, soaring ceilings, and seamless transitions to multiple outdoor living spaces. The chef's kitchen is appointed with top-of-the-line appliances, custom cabinetry, generous prep space, and an inviting layout that naturally becomes the heart of the home, flowing effortlessly into the dining and great room for memorable gatherings. The single-level main residence offers three spacious bedrooms, two full bathrooms, and two powder rooms, creating a functional and elegant floor plan with effortless accessibility. A detached 748-square-foot guest house provides an additional bedroom and full bath, offering a private retreat for guests, extended family, creative workspace, or multigenerational living.very detail has been thoughtfully curated to create an atmosphere of warmth and sophistication. A custom cedar wine cellar provides the ideal setting to showcase a prized collection, while owned solar and air conditioning deliver modern efficiency...See Supplement Every detail has been thoughtfully curated to create an atmosphere of warmth and sophistication. A custom cedar wine cellar provides the ideal setting to showcase a prized collection, while owned solar and air conditioning deliver modern efficiency and year-round comfort. The estate's beautifully landscaped grounds are designed as a series of peaceful outdoor destinations, where multiple serene seating areas invite quiet mornings with coffee, afternoon relaxation beneath mature landscaping, or intimate evenings spent entertaining under the stars. Expansive patios and lush gardens create a true sanctuary, blending privacy with the natural beauty of Southern California's coastal climate. Combining Spanish/California-inspired architecture with refined modern finishes, exceptional amenities, and a coveted gated setting, this remarkable Encinitas estate offers a rare opportunity to experience luxury living just moments from world-class beaches, vibrant shopping and dining, and some of North County's most sought-after schools.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 3-6 • 0.8 mi
Grades K-3 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,722 | 2,072.058 |
| Lot Size | 19,368 | 9,262.387 |
| Price | $5.00M | $2.37M |
| Price per sq ft | $1.1K | $988 |
| Built year | 2005 | 1987 |
| HOA | $0 | $188 |
| Days on market | 38 | 43 |
Oct 1, 2026
$4,995,000
$5,295,000
-6% Price Drop
Initial Listing
Sep 17, 2026
$5,295,000
Initial Listing
Oct 13, 2016
$2,250,000
Public Record