
Encinitas, California 92024
This Single-Story Estate represents a Strong Value Opportunity, listed at $3,595,000—positioned well above the $3,287,007 Fair Market Value. While the price reflects a premium, the property offers significant upside through its 2-Acre Lot and Equestrian Zoning. With a Fair Condition Rating, the home provides a canvas for modernization, particularly in the kitchen and baths. Featuring a Resort-Style Pool, Spa, and Sport Court, this estate is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private, customizable luxury retreat in Encinitas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3501 Lone Hill Lane Subject | $3,595,000* List Price | 5 | 5 | 4,575 | $718 | - |
A 521 Latigo Row Sold | $3,317,000 | 5 | 5 | 5,513 | $602 | 0.2 mi |
B 3401 Adams Run Sold | $4,000,000 | 6 | 5 | 4,998 | $800 | 0.4 mi |
C 3140 Dusty Trail Sold | $3,725,000 | 4 | 4 | 4,590 | $812 | 0.9 mi |
D 3451 Dove Hollow Sold | $3,830,830 | 6 | 6 | 5,630 | $680 | 0.4 mi |
E 3537 Dove Hollow Dr. Active | $4,195,000 List Price | 6 | 5 | 5,813 | $722 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the 'Fair' category based on age (>20y). While the home is high-end and well-maintained with premium Viking appliances and owned solar, the interior finishes—specifically the tile countertops in the bathrooms, gold-tone fixtures, and kitchen cabinetry—are original to the build and considered dated, likely requiring aesthetic updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87120, living area = 4575.
The expansive two-acre lot features a premier backyard oasis including a pool, spa, multi-use sport court for pickleball/volleyball, and a built-in BBQ, offering an unparalleled entertainment experience.
The property includes a lower portion with separate access zoned for equestrian use or a potential ADU, providing rare flexibility and significant value-add opportunities for the owner.
Built in 2000, the interior finishes and architectural style may require cosmetic updates to meet the aesthetic expectations of contemporary luxury buyers in the Encinitas market.
The scale of the two-acre estate, combined with extensive landscaping, water features, and a sport court, implies substantial ongoing maintenance costs and utility obligations.
Located within the prestigious gated community of Knightsbridge Estates, this exceptional single-story estate offers luxury, privacy, and effortless indoor-outdoor living on two beautifully designed acres. The resort-style backyard is an entertainer’s dream with a sparkling pool, separate hot tub area, multi-use sport court ideal for pickleball, volleyball and more, built-in BBQ, fire pit with seating, expansive patios, lush lawn, tranquil water features, and intimate garden spaces.The highly desirable floor plan provides excellent separation of space. The generous primary suite and private office or optional ensuite bedroom occupy one wing, while three additional bedrooms and a spacious bonus room are located on the opposite side. Walls of windows fill the home with natural light and showcase the spectacular grounds.The gourmet kitchen features a Viking range, four ovens, abundant workspace, and premium finishes. The primary retreat includes a fireplace, spa-inspired bath, and dual oversized walk-in closets. Additional highlights include plantation shutters, a spacious laundry room with extensive storage, oversized four-car garage, owned solar, and ample guest parking.The lower portion of the property has separate access and is zoned for up to two horses, offering exciting possibilities for equestrian use or a potential ADU. With low HOA fees and resort-style grounds, this is truly a private retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,575 | 2,143.841 |
| Lot Size | - | 9,012.978 |
| Price | $3.60M | $2.49M |
| Price per sq ft | $786 | $988 |
| Built year | 2000 | 1985 |
| HOA | $110.0 | $189 |
| Days on market | 30 | 41 |
Aug 10, 2026
$3,595,000
Initial Listing
Jun 15, 2016
$1,850,000
Public Record
Feb 23, 2012
$1,200,000
Public Record
Apr 22, 2005
$1,800,000
Public Record
Jun 25, 1999
$997,500
Public Record