1144 Hermes, Encinitas, California 92024, Encinitas, 92024 - 5 bed, 4 bath
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1144 Hermes
Encinitas, California 92024
ACTIVE
CONDITION: FAIR
5Beds
4Baths
3,963Sq Ft
9,100Lot Size
Property Price
LIST PRICE$4,498,000
EST. MARKET VALUE
$4,133,125
8% AboveMARKET VALUE
SUMMARY
This Coastal Luxury Residence is a High-Potential Investment Opportunity, listed at $4,498,000—positioned well below the $4,133,125 Fair Market Value by -8%. While the home features a Fair Condition Rating due to its 2001-era finishes, it offers premium amenities including a 3rd-story sun deck, solar with battery storage, and a professional outdoor kitchen. Located in the heart of Leucadia near top-rated schools like Pacific Trails Middle, this property provides a unique blend of lifestyle and value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal sanctuary.
Estimated Market Value
$4,133,125
Based on Realkey algorithm analyzing recent comparable sales in Encinitas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1144 Hermes Subject | $4,498,000* List Price | 5 | 4 | 3,963 | $1,043 | - |
A 817 Dolphin Sold | $3,470,000 | 5 | 5 | 4,032 | $861 | 0.8 mi |
B 220 Jacob Lane Sold | $4,595,000 | 4 | 4 | 3,500 | $1,313 | 0.4 mi |
C 279 1/4 Hillcrest Drive Active | $3,299,000 List Price | 4 | 3 | 2,983 | $1,106 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property underwent a major renovation and addition in 2001, making the interior finishes over 20 years old. While the home features high-end appliances (Viking, True) and updated systems like solar with battery storage and tankless water heaters, the ornate wood cabinetry and extensive travertine tile are dated by modern standards. Per the criteria, a renovation older than 20 years falls into the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Pacific Trails Middle (10/10).
- Prime Coastal Location
Situated in the heart of Leucadia, this property offers an exceptional coastal lifestyle within walking distance to the beach, local dining, and boutique shops.
- High-End Entertainment Amenities
The home is a premier venue for hosting, featuring a professional outdoor kitchen, a home theater with a step-down bar, a 100-bottle wine fridge, and a third-story sun deck with coastline views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3963, other record living area = 3491. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Aging Major Renovation
While the home features luxury materials, the primary addition and updates were completed in 2001, meaning some aesthetic elements may feel dated compared to new construction at this price point.
- School Commute Logistics
Although the property is served by high-performing schools, the top-rated middle school is located over 10 miles away, which may be a drawback for families prioritizing proximity to education.
About 1144 Hermes
Exceptional opportunity for coastal living in the heart of Leucadia, walking distance to the beach, dining and shops. Addition and updated in 2001, A truly one-of-a-kind luxury home w/ Brazilian Ipa wood gated entry includes, 5 bedrooms, 4 baths. Two primary suites, the down stairs suite is approx., 800 sq.ft , walk-in closet, includes gas fireplace, vaulted wood ceilings, huge adjoining bath, w/steam shower. Upstairs suite with balcony, vaulted wood beam ceilings, adjoining bath, vanity with double sinks, w/ travertine steam shower. Designer kitchen with hand carved cabinets with beveled glass, Viking Range, True refrigerator, French limestone floors, and travertine stone backsplash. Outdoor kitchen w/hot water sink, lynx grill, refrigerator, built in bar and adjoining shower. Family room/home theater includes step down bar, marble bar top, 100 bottle wine fridge, dishwasher, icemaker. 3rd story sun deck. Solar panels w/franklin battery storage. 3 AC units, Alarm, tankless water heater, soft water system. Arizona flagstone Driveway. Auto Sprinklers. Sound system, Solid wood doors. Huge laundry room w/appliance included. Attached 2 car garage w/finished floor and built-in cabinets
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 9,100 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encinitas Unified Schools
Paul Ecke-Central Elementary School
Grades K-6 • 0.8 mi
7/10
Diegueno Middle School
Grades 7-8 • 3.6 mi
8/10
Pacific Trails Middle
Grades 7-8 • 10.2 mi
10/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,963 | 2,143.841 |
| Lot Size | 9,100 | 9,012.978 |
| Price | $4.50M | $2.49M |
| Price per sq ft | $1.1K | $988 |
| Built year | 1975 | 1985 |
| HOA | $0 | $189 |
| Days on market | 21 | 41 |
Pricing History
Listed for Sale
Aug 19, 2026
$4,498,000
Initial Listing
Sold
Feb 13, 2024
$165,500
Public Record
Sold
Apr 13, 1998
$350,000
Public Record