Significant price adjustment now offering an exceptional opportunity at $3,000,000. Rarely does a property of this scale and potential become available in the heart of coastal Encinitas. Set on an expansive 0.44-acre lot, this charming 1949 residence offers approximately 1,975 square feet of living space with 3 bedrooms, 1.5 bathrooms, and an oversized 3-car garage. The location places you within minutes of world-class beaches, acclaimed restaurants, vibrant coffee culture, and the energy that makes Encinitas and Leucadia two of the most beloved communities in all of Southern California. The true opportunity here is the land. In a coastal market where lot size commands a significant premium, nearly half an acre is genuinely extraordinary. Whether your vision is a luxury renovation, a full custom build, an ADU, multigenerational living, or a long-term coastal land investment, this property offers the kind of flexibility and upside that buyers spend years searching for at this price point. Currently operating as a successful Airbnb, the home offers immediate income potential for investors, vacation buyers, and primary residence buyers who want the ability to generate meaningful revenue while holding one of the most coveted land positions in all of North County San Diego. The potential is limitless!!