498 Neptune, Encinitas, California 92024, Encinitas, 92024 - 3 bed, 2 bath
ACTIVE$5,400,000
498 Neptune, Encinitas, California 92024
3Beds
2Baths
1,800Sqft
6,338Lot
Price Vs. Estimate
The estimated value ($5,400,000) is $0 (0%) lower than the list price ($5,400,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Oceanfront Location & Views: The property boasts an unparalleled oceanfront location in Encinitas, offering unfettered whitewater ocean views, providing a permanent vacation-like experience.
Top Cons:
Age of Construction: Built in 1950, the property's underlying structure is over 70 years old, which may imply potential for older systems or maintenance considerations despite recent remodeling.
Compared to the nearby listings
Price:$5.40M vs avg $2.11M (+$3,293,000)96%
Size:1,800 sqft vs avg 2,108 sqft27%
Price/sqft:$3.0K vs avg $98798%
More Insights
Built in 1950 (75 years old).
Condition: Despite being built in 1950, the property has undergone an extensive and tasteful renovation, as explicitly stated in the description and clearly visible in the images. The kitchen features modern, high-end stainless steel appliances, contemporary two-tone cabinetry, sleek countertops, and stylish backsplash, all appearing virtually new. The flooring throughout the visible living areas and laundry room is a consistent, light-colored, modern LVP or engineered wood. Light fixtures are updated and contemporary. The overall aesthetic is modern and elegant, indicating that all major components meet current quality standards with no visible deferred maintenance. The property is move-in ready and presents as a recently renovated home.
Year Built
1950
Close
-
List price
$5.4M
Original List price
$5.4M
Price/Sqft
$3,000
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2503586
Home ConditionExcellent
Features
Excellent View: Panoramic
Deck
ViewPanoramic
About this home
Waiting for you in the coastal resort town of Encinitas is this little bit of an oceanfront Pacific paradise. Tastefully remodeled and modernly elegant, this 3 bedroom, 2 bath 1800square foot oceanfront home offers unfettered whitewater ocean views on one of the most prestigious streets in North San Diego County. It’s like a permanent vacation when you step through the front door and literally leave the world behind you. Whether you want to surf or sip wine this property’s got you covered. This property is protected by a fully engineered, Coastal Commission approved seawall and upper bluff retention system, an amenity that cannot be duplicated ever again.
Nearby schools
7/10
Paul Ecke-Central Elementary School
Public,•K-6•0.3mi
7/10
Ocean Knoll Elementary School
Public,•K-6•2.1mi
7/10
Ada W. Harris Elementary School
Public,•3-6•2.4mi
/10
Cardiff Elementary School
Public,•K-3•2.5mi
7/10
Oak Crest Middle School
Public,•7-8•2.2mi
8/10
Diegueno Middle School
Public,•7-8•3.5mi
10/10
Pacific Trails Middle
Public,•7-8•9.6mi
7/10
La Costa Canyon High School
Public,•9-12•4.2mi
Condition Rating
Excellent
Despite being built in 1950, the property has undergone an extensive and tasteful renovation, as explicitly stated in the description and clearly visible in the images. The kitchen features modern, high-end stainless steel appliances, contemporary two-tone cabinetry, sleek countertops, and stylish backsplash, all appearing virtually new. The flooring throughout the visible living areas and laundry room is a consistent, light-colored, modern LVP or engineered wood. Light fixtures are updated and contemporary. The overall aesthetic is modern and elegant, indicating that all major components meet current quality standards with no visible deferred maintenance. The property is move-in ready and presents as a recently renovated home.
Pros & Cons
Pros
Prime Oceanfront Location & Views: The property boasts an unparalleled oceanfront location in Encinitas, offering unfettered whitewater ocean views, providing a permanent vacation-like experience.
Unique Coastal Protection: Secured by a fully engineered, Coastal Commission approved seawall and bluff retention system, this amenity offers rare and irreplaceable protection for the property.
Prestigious Address: Situated on one of the most prestigious streets in North San Diego County, enhancing its exclusivity and long-term value.
Tastefully Remodeled Interior: The home has been tastefully remodeled with modern elegance, offering a move-in ready and updated living space.
Desirable Coastal Community: Located in the highly sought-after coastal resort town of Encinitas, known for its vibrant lifestyle and scenic beauty.
Cons
Age of Construction: Built in 1950, the property's underlying structure is over 70 years old, which may imply potential for older systems or maintenance considerations despite recent remodeling.
Modest Square Footage for Price Point: With 1800 square feet, the living space might be considered modest for a luxury oceanfront property at a $5.4 million price point.
Absence of Cooling System: There is no mention of a dedicated cooling system (e.g., air conditioning), which could be a drawback for some buyers during warmer periods, despite coastal breezes.