
Encinitas, California 92024
This Luxury Coastal Sanctuary is listed at $6,250,000, offering exceptional stability at its $6,250,000 Fair Market Value. Boasting an Excellent Condition Rating, this fully remodeled residence features panoramic ocean views of Moonlight Beach and high-end finishes like premium stone counters and hardwood floors. The versatile layout provides multi-generational potential with dual living spaces and a detached studio. Situated within the Encinitas Union district near the 10/10 rated Pacific Trails Middle, this home defines coastal luxury. It is a perfect match for discerning homebuyers or multi-generational families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 5th Street Subject | $6,250,000* List Price | 3 | 2 | 1,980 | $3,157 | - |
A 498 Neptune Active | $5,150,000 List Price | 3 | 2 | 1,800 | $2,861 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation, making it completely turnkey. It features modern kitchens with premium stone countertops and sleek stainless steel appliances, fully renovated bathrooms, hardwood flooring, recessed lighting, and dual-pane windows. Despite the 1963 build date, the extensive recent updates and luxury finishes meet the criteria for excellent condition.
Middle School: Pacific Trails Middle (10/10).
Situated just steps from the iconic Moonlight Beach, this property offers rare and unobstructed panoramic whitewater and ocean views from nearly every vantage point.
The home’s unique layout allows it to function as a large single-family residence or two independent units, providing exceptional flexibility for multi-generational living or rental income.
The detached garage and studio space are currently still under renovation, which may be a deterrent for buyers seeking a 100% completed project at this price point.
With a list price exceeding $3,100 per square foot, the property represents a significant premium that may limit the pool of qualified buyers despite its luxury upgrades.
Huge Price Reduction! Discover the ultimate coastal treasure at 231 5th Street, Encinitas, CA—truly a real-life unicorn in the world of real estate! This 3-bedroom, 2-bathroom sanctuary spans nearly 2,000 square feet, seamlessly blending modern luxury with stunning beach and whitewater views that greet you from every angle. Just steps away from the sands of Moonlight Beach, one of San Diego's most cherished spots, this home has been fully remodeled and is completely turnkey. This incredible home has the ability to be a single family home with a detached garage/studio and yard or two separate units, one upper and one lower, to provide the potential for multi-generational living or a nanny suite under the same roof. Each unit contains fully equipped updated kitchens with premium stone counters and sleek stainless appliances, fully renovated bathrooms, and private living space. Perfect for when you want family living while maintaining privacy. Or if you choose, long-term rental possibilities are an option. The detached garage is still under renovation, complete with a full bathroom, washer/dryer and studio kitchen. A roof top deck will capture all of the action at Moonlight beach and fantastic sunsets. This space could be a garage, studio, office, workout room, storage, etc. Step outside into your private oasis, where a brand new hot tub and beautiful outdoor spaces await. Enjoy the expansive deck and balcony, each offering breathtaking vistas. Copper rain gutters add a sophisticated touch to the exterior, while the interior shines with dual pane windows, hardwood floors, and recessed lighting. Additionally, parking is convenient with a detached garage, guest parking, and accessible street parking. This exceptional property is ready to be all yours, offering a lifestyle that’s both luxurious and relaxed. Don’t miss out on this rare opportunity—fully furnished and waiting for you to make it your own slice of paradise!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.6 mi
Grades 3-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,980 | 2,358.5 | 33% |
| Lot Size | 4,946 | 7,246 | 29% |
| Price | $6.25M | $2.24M | 98% |
| Price per sq ft | $3.2K | $983 | 98% |
| Built year | 1963 | 1986 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 313 | 113 | 99% |
Dec 22, 2025
$6,250,000
$6,499,000
-4% Price Drop
Initial Listing
Jun 13, 2025
$6,499,000
Initial Listing