3451 Dove Hollow, Encinitas, California 92024, Encinitas, 92024 - 6 bed, 6 bath
3451 Dove Hollow
Encinitas, California 92024
Property Price
SUMMARY
Analysis of 3451 Dove Hollow, Encinitas, California 92024 reveals a Prime Investment Opportunity with a current list price of $3,940,000—significantly undercutting the $4,143,508 Fair Market Value by 4%. This valuation gap indicates a +$203,508 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3451 Dove Hollow Subject | $3,940,000* List Price | 6 | 6 | 5,630 | $736 | - |
A 3401 Adams Run Active | $4,295,000 List Price | 6 | 5 | 4,998 | $859 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' condition rating. The home is move-in ready and features high-end amenities including a chef-inspired kitchen with premium stainless steel appliances, multi-zone HVAC, owned solar, and an elevator. While the cabinetry and flooring styles are consistent with the original year of construction rather than a recent modern renovation, the estate is exceptionally well-maintained with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 152460, living area = 5630.
- Significant Development Potential
The expansive 3.5-acre lot is a rare find in Encinitas, offering unique opportunities for a potential lot split or the addition of an ADU, providing substantial long-term value-add possibilities.
- Premium Luxury Amenities
The estate is exceptionally well-appointed with modern high-end features including owned solar, an elevator, multi-zone HVAC, and a rooftop deck that captures breathtaking panoramic views.
CONSRISKS & DEFICIENCIES
- Market Pricing Adjustment
The property has already seen a significant price reduction from its original list price, suggesting that the initial valuation may have been aggressive for the current market conditions.
- Development Complexity
While the acreage offers potential, any lot split or additional construction requires extensive independent verification and may face complex local coastal zoning and permitting hurdles.
About 3451 Dove Hollow
Set behind a grand portico on 3.5 private acres, this extraordinary Encinitas estate delivers space, style, and endless potential in a premier coastal setting. Encompassing 5,630 square feet, the 6-bedroom, 5.5-bath residence is designed for both refined living and unforgettable entertaining. Inside, discover a chef-inspired kitchen, expansive living areas filled with natural light, a luxurious main-level primary retreat, and a rooftop view deck capturing breathtaking panoramic vistas. The home also features a private guest suite, charming interior courtyard, elevator access, owned solar, multi-zone HVAC, and ample room for vehicles with dedicated RV parking. Beyond the home, the sprawling grounds open the door to rare opportunities — whether you envision adding an ADU, exploring a potential lot split, or creating a custom outdoor oasis (buyers to independently verify all development possibilities). This is more than a home — it’s a legacy property offering privacy, flexibility, and the ultimate Encinitas lifestyle just minutes from the coast.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 152,460 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 95% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 5,630 | 2,317 | 99% |
| Lot Size | 152,460 | 6,868 | 99% |
| Price | $3.94M | $2.12M | 92% |
| Price per sq ft | $700 | $957 | 12% |
| Built year | 2007 | 1985 | 82% |
| HOA | $0 | $11 | 50% |
| Days on market | 65 | 156 | 17% |
Pricing History
Listed for Sale
Feb 21, 2026
$3,940,000
$4,250,000
-7% Price Drop
Initial Listing
Price Change
Jan 1, 2026
$4,250,000
Initial Listing