
Encinitas, California 92024
This Custom-Built Estate represents a Strong Value Opportunity, listed at $4,295,000—positioned well below the $4,053,561 Fair Market Value by -5%. While the list price exceeds the current estimation, the property offers significant utility through its 1,196 SF Detached ADU and 54,450 SF Lot. With a Condition Rating of 3, the home provides a move-in ready foundation with owned solar and panoramic views. This versatile estate is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a private, high-end Olivenhain lifestyle.
Luxury 5BR/5BA Olivenhain estate with detached ADU, panoramic views, and owned solar. No HOA or Mello-Roos. Prime Encinitas location near top-rated schools.
Property is move-in ready.
Although built in 2000 (26 years old per listing date), the property is in well-maintained, move-in ready condition. It features a 'near new' custom ADU, recently renovated bathrooms with modern tiling and glass enclosures, and owned solar systems. The main kitchen, while featuring original 2000s-style cabinetry, remains highly functional with premium stainless steel appliances and stone countertops, placing it above the 'Fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 4482.
The property features a nearly new, 1,196 sqft detached ADU with 2 bedrooms and 2 baths, offering exceptional versatility for guests, extended family, or potential rental income.
Situated on over 1.25 acres in the prestigious Olivenhain area, the estate provides ultra-privacy and stunning panoramic southerly views of the surrounding countryside.
One of the upstairs bedrooms lacks a closet, which may limit its functionality as a formal fifth bedroom and could impact traditional appraisal valuations.
Originally built in 2000, the main residence may require aesthetic or system upgrades to align with the contemporary luxury standards expected at this price point.
Custom-built home and separate ADU in an ultra-private Olivenhain setting w/stunning panoramic southerly views of the surrounding countryside and hills. An open floor plan, high ceilings and views from the main living areas create a light and spacious feel. The flexible floor plan offers single-story living, with most bedrooms and main living areas on the first level. The kitchen with breakfast nook opens to the family room, ideal for everyday living and entertaining. Upstairs, two bedrooms (1 has no closet), a bath, kitchenette, spacious living room and private entrance provide an ideal space for extended family, guests or a home office. A near new custom built ADU is privately situated away from the main residence and features 2 BR/2BA, approx. 1196 SF, a large covered patio and parking for two cars. Outdoor amenities include a built-in BBQ with refrigerator and sit-up dining, along with room for a pool. Enjoy the tranquil country atmosphere, with easy access to nearby rural trail system, while still being just minutes from excellent schools, shopping and restaurants, and within easy reach of the beaches. Owned solar and 3-car garage. No HOA or Mello-Roos.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,482 | 2,072.058 |
| Lot Size | 54,450 | 9,262.387 |
| Price | $4.29M | $2.37M |
| Price per sq ft | $958 | $988 |
| Built year | 2000 | 1987 |
| HOA | $0 | $188 |
| Days on market | 26 | 43 |
Sep 29, 2026
$4,295,000
Initial Listing