
Encinitas, California 92024
Analysis of 3681 Manchester Avenue, Encinitas, California 92024 is currently available with a list price of $4,399,000. 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.
The property was built in 1978 (48 years old), placing it in the >30-year category. With no mention of renovations and a marketing description that focuses almost exclusively on land value, lot split potential, and building a 'dream coastal estate,' the existing structure is treated as a candidate for major rehab or replacement rather than a move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48351, living area = 1536.
Situated directly across from the San Elijo Lagoon and minutes from Cardiff-by-the-Sea, this property offers an unbeatable location near beaches, dining, and top-tier amenities.
The expansive 1.1-acre lot provides a rare opportunity for a lot split, making it a high-value prospect for builders, investors, or those looking to create a custom coastal estate.
The existing 1,536 sqft structure built in 1978 is modest relative to the $4.5M asking price, likely requiring a complete remodel or teardown to maximize the land's value.
While the lot split is highlighted as a key feature, it is not yet finalized, placing the burden of verification and municipal approval on the buyer.
LOCATION, LOCATION, LOCATION! Rarely does an opportunity like this come along. Nestled in the heart of coastal Encinitas, directly across the street from the San Elijo Lagoon this exceptional 1.1-acre property offers the potential for a lot split, creating endless possibilities for homeowners, builders, and investors alike. Ideally situated near the scenic San Elijo Lagoon, vibrant downtown Cardiff-by-the-Sea, premier shopping, dining, beautiful beaches, and convenient freeway access, the location simply can't be beat. Whether you envision building your dream coastal estate, developing a custom home for resale, or holding this premier parcel as a long-term investment, this is a truly exceptional opportunity in one of North County's most sought-after communities. Don't miss your chance to own a rare piece of coastal Encinitas with incredible potential. Buyer to verify all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,536 | 2,143.841 |
| Lot Size | 48,351.602 | 9,012.978 |
| Price | $4.40M | $2.49M |
| Price per sq ft | $2.9K | $988 |
| Built year | 1978 | 1985 |
| HOA | $0 | $189 |
| Days on market | 40 | 41 |
Aug 25, 2026
$4,399,000
$4,499,000
-2% Price Drop
Initial Listing
Jul 31, 2026
$4,499,000
Initial Listing