
Encinitas, California 92024
This Spacious Single-Level Estate is a Strong Value Opportunity, listed at $3,400,000—positioned well below the $3,411,086 Fair Market Value by 0.32%. This property offers $11,086 in Instant Equity. Featuring a 4,422 sqft floor plan on a 1.3-acre lot with a pool and attached ADU, the home maintains a Condition Rating of 4. While cosmetic updates will modernize the 1987 interiors, the panoramic hillside views and Olivenhain location provide significant long-term appeal for Owner-Occupants or Multi-Generational Families.
Property is moderate renovation needed.
Built in 1987, the home is clean, functional, and well-maintained, but features dated 1980s/90s elements including the tile and brick fireplaces, wet bar, and built-in cabinetry that are ripe for cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56628, living area = 4422.
The property features a rare attached ADU with a separate entrance, offering exceptional flexibility for multi-generational living, a nanny suite, or potential rental income.
Finding a 4,422-square-foot single-story home on over an acre in Olivenhain is increasingly rare, providing an accessible and spacious layout that appeals to a wide range of buyers.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1987, the home may require cosmetic updates and interior personalization to align with modern luxury standards and the $3.4M price point.
The extensive 1.3-acre lot, featuring mature fruit trees and a pool, will require significant ongoing maintenance and landscaping costs to preserve its appeal.
The best views in Olivenhain - Tucked away at the end of a quiet, Olivenhain cul-de-sac and approached by its own private drive, 3105 Caminito Ricardo offers a rare opportunity: single-level living on 1.3 private acres, with beautiful elevated hillside views, a pool and an attached ADU in one of Encinitas’ most sought-after communities. Inside, the 5-bedroom, 4-bath home offers a spacious and versatile single-level floor plan designed for both gathering and everyday living, with a generous kitchen at the heart of it all. A large center island anchors the space, while abundant counter space and a separate bar create plenty of room for cooking, entertaining and pulling up a seat to stay awhile. Completely open to the family room, the kitchen keeps everyone connected and draws your eye beyond the living space to the beautiful hillside views outside. The open layout feels expansive and inviting, with generous living spaces and plenty of potential to personalize the home over time. The large primary retreat features a fireplace, huge walk-in closet, and luxurious bathroom with separate soaking tub and walk-in shower. This home also features an attached ADU, offering flexibility for extended guests, nanny, long-term guests, a private home office or additional income, complete with a separate entrance. Outside, the property really comes into its own. The pool and surrounding entertaining areas take advantage of the peaceful setting, while mature fruit trees, landscaping and 1.3 acres create a wonderful sense of space and seclusion. With so much land, there’s room to enjoy what’s already here while imagining even more possibilities for the future. Picture the peacefulness of country living while still being close to everything that makes this part of North County so desirable, with Encinitas beaches, Rancho Santa Fe and everyday conveniences just minutes away. It’s a combination that’s increasingly rare to find: single-level living, acreage, privacy, views, a pool and the flexibility of an ADU—all in the heart of Olivenhain.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,422 | 2,072.058 |
| Lot Size | 56,628 | 9,262.387 |
| Price | $3.40M | $2.37M |
| Price per sq ft | $769 | $988 |
| Built year | 1987 | 1987 |
| HOA | $0 | $188 |
| Days on market | 46 | 43 |
Sep 9, 2026
$3,400,000
Initial Listing