
Encinitas, California 92024
This Panoramic Coastal Estate is a Strong Value Opportunity, listed at $3,500,000—positioned well below the $3,611,956 Fair Market Value by 3%. This valuation gap offers $111,956 in Instant Equity. Boasting a Good Condition Rating, the residence features Panoramic Ocean Views, a detached suite, and a sunset rooftop deck. Located near Top-Rated Schools like Pacific Trails Middle, it balances luxury lifestyle with financial upside. This is a premier choice for Owner-Occupants or Multi-generational Families seeking a private, turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1280 Santa Fe Dr Subject | $3,400,000* List Price | 5 | 6 | 4,796 | $709 | - |
A 664 Sea Ridge Ct Sold | $3,675,000 | 5 | 5 | 4,144 | $887 | 0.9 mi |
B 939 Bluejack Rd Sold | $2,600,000 | 4 | 4 | 2,986 | $871 | 0.3 mi |
C 349 Horizon Drive Sold | $2,455,000 | 5 | 3 | 3,009 | $816 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, this property falls within the 10-20 year age range for a 'good' condition rating. The home is move-in ready and features modern wood-look flooring, recessed lighting, and well-maintained exterior stucco and landscaping. While the architectural style is contemporary and the systems appear well-maintained, it does not meet the 'excellent' criteria as it is over 10 years old and there is no evidence of a full-scale renovation within the last 5 years.
Middle School: Pacific Trails Middle (10/10).
The estate offers expansive, unobstructed ocean and mountain views, including a dedicated sunset rooftop deck that maximizes its elevated coastal position.
Featuring a main house, a detached suite, and separate creative spaces, the property provides exceptional flexibility for multi-generational living or a sophisticated home office setup.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With a listing price of $3.5M following a $3M sale in 2022, the rapid valuation increase may require strong market justification for some buyers.
Being located on Santa Fe Drive may result in some ambient traffic noise, which could slightly detract from the otherwise serene and private atmosphere.
MAJOR PRICE REDUCTION — NOW OFFERED AT $3,400,000. BEST VALUE PER SQUARE FOOT IN NORTH COUNTY COASTAL. This is the opportunity serious buyers and investors have been waiting for. Nearly 5,000 square feet, detached ADU, detached office, and panoramic ocean views — all at a price per square foot that doesn't exist anywhere else in this market at this size. For the buyer who sees what this property is, this is a significant value-add opportunity. The bones, the layout, the views, and the scale are all here. The upside for the right buyer is real. Panoramic ocean views. Total privacy. Something different. There's a reason homes like this rarely trade hands. Tucked into one of Encinitas' most desirable coastal pockets, this estate delivers what most buyers spend years searching for — ocean views that actually feel big, spaces that live larger than expected, and a layout that separates when you want separation and connects when you want connection. Main house. Detached suite. Separate creative spaces. Sunset rooftop moments. Courtyard mornings. Indoor/outdoor flow that feels intentional rather than forced. If you've been waiting for something that doesn't feel like everything else on the market — and at a price that reflects today's reality — this is it.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 3-6 • 0.6 mi
Grades K-3 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 71% |
| Baths | 6.0 | 3.0 | 88% |
| Square foot | 4,796 | 2,467.5 | 91% |
| Lot Size | - | 7,840.9 | 13% |
| Price | $3.40M | $2.35M | 72% |
| Price per sq ft | $709 | $946 | 13% |
| Built year | 2009 | 1987 | 84% |
| HOA | $0 | $73 | 49% |
| Days on market | 115 | 120 | 47% |
Jun 5, 2026
$3,400,000
$3,499,900
-3% Price Drop
Initial Listing
Apr 25, 2026
$3,499,900
$3,500,000
+0% Price Increase
Initial Listing
Feb 11, 2026
$3,500,000
Initial Listing
Feb 28, 2022
$3,000,000
Public Record
Jun 22, 2021
$2,200,000
Public Record
Nov 30, 2007
$660,000
Public Record
Jul 1, 2003
$525,000
Public Record