489 La Costa Ave, Encinitas, California 92024, Encinitas, 92024 - 4 bed, 3 bath
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Encinitas, California 92024
This Multi-Generational Coastal Residence is a Strong Value Opportunity, listed at $2,799,000—positioned slightly above the $2,691,154 Fair Market Value. While the list price reflects a premium, the property offers significant utility through its 0.40-acre lot, fully paid solar, and a 2-bedroom ADU with a separate HVAC system. With an Excellent Condition Rating and recent interior updates, this home provides immediate move-in readiness. It is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a versatile, high-end coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 489 La Costa Ave Subject | $2,799,000* List Price | 4 | 3 | 3,242 | $830 | - |
A 1712 Burgundy Road Sold | $2,145,000 | 3 | 3 | 2,264 | $947 | 0.6 mi |
B 1760 Gascony Road Sold | $2,175,000 | 3 | 3 | 2,264 | $961 | 0.6 mi |
C 1802 Hygeia Ave Pending | $3,175,000 List Price | 4 | 4 | 2,915 | $1,089 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1980, the property has undergone significant recent renovations and maintenance. The interior features fresh paint, new carpet, and updated hardwood flooring. Bathrooms show modern stone tile work and contemporary vanities. The kitchen includes high-end stainless steel appliances. Major systems are updated with central HVAC and a fully paid solar system, meeting the criteria for mint condition and move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17276, living area = 2803.
Situated West of Interstate 5 and just five blocks from the beach, this property offers a highly coveted coastal lifestyle with easy access to local dining and amenities.
The inclusion of a separate 2-bedroom ADU with its own HVAC system, combined with a single-level main residence, provides exceptional versatility for guests or rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3242, other record living area = 2803. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
Built in 1980, the property may require further interior modernization beyond the recent paint and carpet to meet the aesthetic expectations of today's luxury buyers.
At a list price of $2.799M, the property faces stiff competition from newer or more comprehensively renovated homes in the Encinitas market.
This property has it ALL! *FULLY PAID SOLAR * FIAT .40 ACRE LOT, *SINGLE LEVEL, *4 BEDROOMS/2.5 BA, * 2 BEDROOM ADU, * WALKING DISTANCE TO A FABULOUS ENCINITAS BEACH (APPX 5 BLOCKS) *FRESHLY PAINTED *NEW CARPET * FABULOUS OUTDOOR ENTERTAINMENT AREA W/TV, REFRIGERATOR, STORAGE SHED &, CHEF'S BBQ CENTER, *FULLY FENCED BACK YARD, *PRIVATE FRONT PATIO AREA, *FIREPLACE, *ATTACHED DOUBLE GARAGE, *EXTRA PARKING (OFF STREET) FOR 8 AUTOS, *RV PARKING WITH HOOK UPS, CENTRAL A/C AND HEAT (SEPARATE SYSTEM FOR ADU) Located near restaurants and easy access for daily commute. Come take a look at this amazing, rarely found, West of Interstate 5, gem!
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 | 3,242 | 2,167 |
| Lot Size | - | 7,840.8 |
| Price | $2.80M | $2.54M |
| Price per sq ft | $863 | $969 |
| Built year | 1980 | 1984 |
| HOA | $0 | $174 |
| Days on market | 31 | 41 |
Jun 21, 2026
$2,799,000
Initial Listing
Oct 31, 2018
$1,380,000
Public Record
Jul 31, 2017
$1,200,000
Public Record
Jul 18, 2005
$799,000
Public Record