
Encinitas, California 92024
This Single Family Residence represents a Strong Value Opportunity, listed at $2,495,000—positioned above the $2,341,974 Fair Market Value. While priced at a premium, the property’s Condition Rating of 3 and expansive half-acre lot offer significant development potential, including ADU construction. Featuring sweeping valley views, a granite kitchen, and vaulted wood-beam ceilings, the home balances immediate livability with long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land value in a coveted Encinitas enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4165 Manchester Ave Subject | $2,495,000* List Price | 4 | 3 | 2,338 | $1,002 | - |
A 3626 Lorimer Ln Sold | $1,875,000 | 4 | 3 | 2,141 | $876 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985, the property has been well-maintained with clear evidence of mid-life renovations. The kitchen features updated granite countertops and stainless steel appliances, while bathrooms show modernized vanities and fixtures. The hardwood flooring and vaulted wood-beam ceilings are in great condition, making the home move-in ready, though some cabinetry and window systems reflect the original era.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24829, living area = 2338.
The rare half-acre lot provides significant flexibility for future value-add projects, including the addition of a pool, guest house (ADU), or a comprehensive outdoor retreat.
Situated in a highly coveted Encinitas pocket and surrounded by multi-million dollar estates, the property offers sweeping valley views that secure its long-term investment appeal.
The description of 'well-loved character' and 'opportunity to personalize' suggests the 1985 interior may be dated and require significant capital for contemporary upgrades.
At nearly $2.5M for approximately 2,300 square feet, the pricing is heavily weighted toward the land value, which may challenge buyers seeking a turnkey luxury residence at this price point.
Set on an expansive half-acre in one of Encinitas’ most coveted pockets, this property is less about compromise and entirely about possibility. Framed by sweeping valley views and surrounded by multi-million dollar estates, it offers a rare canvas for both immediate enjoyment and future vision. The home’s distinctive architecture and well-loved character create a warm, livable space with upgraded granite kitchen and bath counters, stainless appliances, custom cabinetry, wood floors, new carpet, fresh paint, wood-lined ceilings and expansive windows. A long, private driveway sets the tone for arrival, and the generous patio and sprawling grounds open the door to endless possibilities-adding a pool, creating a guest house or ADU. Opportunities like this are increasingly rare—where land, location, and flexibility converge. This is a chance to own a truly special piece of Encinitas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,338 | 2,167 |
| Lot Size | 24,829 | 7,840.8 |
| Price | $2.50M | $2.54M |
| Price per sq ft | $1.1K | $969 |
| Built year | 1985 | 1984 |
| HOA | $0 | $174 |
| Days on market | 4 | 41 |
Jul 18, 2026
$2,495,000
Initial Listing