
Encinitas, California 92024
Analysis of 304 La Veta Ave, Encinitas, California 92024 is currently available with a list price of $3,985,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Encinitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1945, this 79-year-old home features a significantly dated kitchen with 30+ year old wood cabinetry, tile countertops, and older appliances. While staged to look 'charming,' the property is primarily marketed for its land value and 'shovel-ready' approved plans for two new residences, indicating the current structure is at the end of its functional life cycle.
Middle School: Pacific Trails Middle (10/10).
Situated west of Highway 101, this property offers unparalleled walkability to Moonlight Beach, Stone Steps, and the vibrant dining and shopping district of downtown Encinitas.
The sale includes approved plans for two new homes with ADUs on two separate APNs, eliminating the significant time and regulatory hurdles typically associated with coastal development.
The nearly $4M asking price reflects the premium for land and development rights, which may limit the buyer pool to developers or high-net-worth individuals.
Built in 1945, the current 4-bedroom home likely requires substantial modernization or maintenance for those not intending to immediately proceed with the new construction plans.
Steps from the beach in one of Encinitas’ most coveted coastal neighborhoods, this rare double-lot corner property west of Highway 101 offers an exceptional combination of location, lifestyle, and opportunity. Walk to Moonlight Beach, Stone Steps, downtown Encinitas, restaurants, coffee shops, and shopping in just minutes. This is an exceptionally flexible opportunity. You can take advantage of a shovel-ready development project that includes APPROVED plans for two stunning new homes with ADUs on two separate APNs (designed by Marcela & Logan architecture firm). With the subdivision and approved plans already in place, the difficult development work has been done. Or, you can move in as-is and enjoy the charming 4-bedroom house that offers character, history, and the unique double-lot-near-the-beach experience. Live in and enjoy the property today, create a one-of-a-kind coastal compound, or bring the approved vision to life with two exceptional new residences. Opportunities offering this combination of walkability, location and development potential are exceedingly rare in coastal Encinitas.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.8 mi
Grades 3-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,756 | 2,143.841 |
| Lot Size | 8,008 | 9,012.978 |
| Price | $3.98M | $2.49M |
| Price per sq ft | $1.4K | $988 |
| Built year | 1945 | 1985 |
| HOA | $0 | $189 |
| Days on market | 27 | 41 |
Sep 5, 2026
$3,985,000
$4,500,000
-11% Price Drop
Initial Listing
Aug 13, 2026
$4,500,000
Initial Listing
Feb 13, 2023
$2,910,000
Public Record