215 2nd St 101, Encinitas, California 92024, Encinitas, 92024 - 4 bed, 3 bath
Loading property details...
Encinitas, California 92024
This Luxury Coastal Townhome is a Prime Investment Opportunity with a List Price of $3,550,000—positioned well below the $4,000,646 Fair Market Value by 11%. This valuation gap provides $450,646 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a Remodeled Chef's Kitchen and a Rooftop Deck with Panoramic Ocean Views. Located west of the 101 near Top-Rated Schools like Pacific Trails Middle, it balances high-end lifestyle with significant financial upside. It is ideal for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 2nd St 101 Subject | $3,550,000* List Price | 4 | 3 | 2,561 | $1,562 | - |
A 369 W I Street Sold | $2,650,000 | 2 | 3 | 1,631 | $1,625 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property presents in excellent condition, featuring an extensively remodeled chef's kitchen with high-end stainless steel appliances, a wine fridge, and a large waterfall-style island. The home boasts modern upgrades throughout, including wide-plank hardwood flooring, smart recessed lighting, a tankless water heater, and contemporary metal stair railings. Although built in 2009, the recent high-end renovations and meticulous maintenance make all components appear virtually new, meeting the highest quality standards.
Middle School: Pacific Trails Middle (10/10).
Situated west of the 101 in the prestigious Lofts at Moonlight Beach, this property offers an elite walk-to-beach lifestyle in the heart of Encinitas.
The home features multiple private outdoor areas, highlighted by a spacious rooftop deck that delivers sweeping panoramic ocean views and premium sunset vantage points.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property was purchased for $2.75M in early 2024; the current $3.55M list price reflects a significant premium in a short timeframe, which may impact appraisal valuations.
A monthly association fee of approximately $684 adds a substantial fixed carrying cost compared to detached single-family homes in the same price bracket.
Experience elevated coastal living in this extensively upgraded townhome located west of the 101 in the coveted Lofts at Moonlight Beach in Encinitas. Spanning over 2,500 square feet, this residence offers a rare blend of space, style, and ocean views from multiple vantage points, including a rooftop deck designed for unforgettable sunsets. The flexible floor plan includes three bedrooms with an optional fourth bedroom or dedicated office, along with 2.5 bathrooms. Thoughtful upgrades throughout include hardwood flooring, a tankless water heater, and modern lighting with integrated smart recessed features. Large windows flood the home with natural light, enhancing the open and airy feel. At the heart of the home is a spacious, open-concept living area that flows seamlessly into a remodeled kitchen equipped with abundant storage, updated appliances, a wine fridge, and an oversized bar ideal for gathering. Multiple outdoor spaces elevate the lifestyle, featuring a private patio for everyday enjoyment and a rooftop deck that delivers sweeping ocean views and a true indoor-outdoor coastal experience.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.5 mi
Grades 3-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,561 | 1,455 | 94% |
| Lot Size | - | 0.41 | 48% |
| Price | $3.55M | $1.10M | 97% |
| Price per sq ft | $1.4K | $883 | 94% |
| Built year | 2009 | 1981 | 77% |
| HOA | $683.67 | $430 | 94% |
| Days on market | 29 | 114 | 13% |
Mar 24, 2026
$3,550,000
Initial Listing
Jan 11, 2024
$2,750,000
Public Record
Oct 1, 2019
$1,875,000
Public Record
Apr 3, 2017
$1,650,000
Public Record