
Encinitas, California 92024
This Versatile Coastal Estate is a High-Potential Investment Opportunity, listed at $1,875,000—positioned well below the $2,113,293 Fair Market Value by 11%. This valuation gap provides $238,293 in Instant Equity. The property maintains a Condition Rating of 3, featuring a Premium Chef’s Kitchen and rare R-3 Zoning on a .46-acre lot west of the I-5. With access to Top-Rated Schools like Pacific Trails Middle, it balances luxury lifestyle with significant development upside. This is an elite acquisition for Owner-Occupants or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1460 Orpheus Avenue Subject | $1,875,000* List Price | 4 | 2 | 2,076 | $948 | - |
A 1705 Hawk View Dr Sold | $1,635,000 | 4 | 3 | 1,984 | $824 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-end upgrades that elevate it above the standard for its 1997 build year. The kitchen is a major highlight, featuring professional-grade Sub-Zero and Wolf appliances and custom cabinetry. The bathrooms have been fully remodeled with luxury features like rainfall showers and jetted tubs. Additionally, the home boasts updated essential systems including a tankless water heater, central HVAC, and triple-paned windows. While the finishes are high-quality, the use of travertine flooring and the overall style suggest the renovations occurred within the 5-15 year window rather than a brand-new 'excellent' category renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20100, living area = 2076.
Middle School: Pacific Trails Middle (10/10).
The property features rare R-3 zoning on a nearly half-acre lot west of the I-5, offering significant investment upside through the potential construction of additional homes or multi-unit buildings.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Located just west of the I-5, the property may experience ambient freeway noise in outdoor spaces, which could impact the tranquility of the expansive lot.
Although situated in a reputable district, some of the highest-rated assigned schools, such as Pacific Trails Middle, are located over 10 miles away, potentially posing a commute challenge for families.
West of the 5 freeway in Encinitas, on a nearly half acre lot, Zoned R-3 for future development opportunity, a phenomenally and truly rare opportunity awaits you at an unbelievable price. Enjoy capitalizing on this exceptionally rare opportunity to own a beautiful single story home on nearly half an acre in one of Californias most incredibly vibrant and beautiful coastal communities, Encinitas. This property sits on an expansive and lush .46 acre lot that is Zoned R-3 and allows for the development additional homes. Expand on that opportunity by potentially developing multi unit buildings on the property for maximum investment return. Functional and thoughtful architecture is at the forefront of this lovely and remarkably well maintained and appointed 2076 square foot 4-bedroom, 2-bathroom home. The home is absolutely move in ready with vaulted ceilings and custom travertine flooring. The triple paned windows and extra insulation create both energy efficiency and a peaceful sanctuary. Light and bright throughout, the home is crafted with an intelligent floor plan that creates a mix of spaces for both privacy and gathering. A large living room leads to an open concept kitchen and dining room adjacent to the outdoor patio. The chef’s grade kitchen features a 6 foot integrated Sub-Zero refrigerator that blends seamlessly with the array of ample custom cabinetry. Enjoy a beautiful oversized granite island perfect for casual dining and entertaining as well as the convenience and top quality of a Wolf 6 burner range, a double oven, and a whisper quiet Bosch dishwasher and waste compactor. Remodeled bathrooms include double vanities, a seamless glass dual rainfall walk in shower, luxurious rejuvenating jetted soaking tub, and designer tile and cabinetry. The primary bedroom offers a retreat with sliding glass doors to a private patio and a large walk in closet with built ins tailored to maximize space and organization. Life is made easier with numerous smart home features such as ethernet hardwired to every room, 240V electric vehicle charging outlet, and built in surround sound speakers. The home includes a generously sized and well equipped laundry room with custom shelving and storage and state of the art washer and dryer. The updated systems of the home include a tankless water heater, central heating and air conditioning, ceiling fans, and a natural gas fireplace that all bring comfort and efficiency with the flick of a switch The expansive outdoor entertainer’s deck is perfect for outdoor dining and sunset gazing and offers plenty of room to add a Jacuzzi and garden. Not only does the large garage provide plenty of room for two cars plus storage, the property and driveway offer uncommon and exceptional room to park your boat as well as recreational and work vehicles. Acquire your own sanctuary in Encinitas, the laid back and upscale beach town where stunning natural beauty meets friendly community spirit. The home is situated just short moments away from some of the most beautiful beaches and open spaces in Southern California as well as outstanding dining, shopping, recreation and entertainment, farmers markets, botanical gardens, galleries, golf, and year round community festivals and events. Encinitas is Californias best kept "secret spot" beach town and the opportunity to own a beautiful home on a large lot with R-3 zoning is a is a special opportunity you wont want to miss out on.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 3.4 mi
Grades 7-8 • 10.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 2,076 | 2,358.5 | 39% |
| Lot Size | 20,100 | 7,284.5 | 83% |
| Price | $1.88M | $2.22M | 30% |
| Price per sq ft | $903 | $974 | 41% |
| Built year | 1997 | 1986 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 111 | 19% |
Feb 27, 2026
$1,875,000
Initial Listing
Feb 26, 2026
$1,850,000
Initial Listing
Mar 4, 2022
$1,735,000
Public Record
Jan 14, 2013
$600,000
Public Record
Jul 1, 1999
$264,000
Public Record
Aug 15, 1995
$94,500
Public Record