
Encinitas, California 92024
This Turnkey Equestrian Estate is a High-Potential Investment Opportunity, listed at $4,999,888—positioned well below the $5,122,408 Fair Market Value by 2%. This valuation gap offers $122,520 in Instant Equity. Featuring a Mint Condition Rating, the property includes a renovated main residence, a 1,550sqft ADU, and a 700sqft shop. With 12kW Owned Solar and Two-Horse Capability, this estate offers rare functionality. It is an ideal acquisition for Multi-Generational Families or Luxury Owner-Occupants seeking a private, sustainable coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 519 Meadowmist Court Subject 6 bd · 5 ba · 5,850 sqft · $876 | $4,999,888* List Price | 6 | 5 | 5,850 | $876 | - |
A 855 Stratford Knoll Sold 6 bd · 5 ba · 5,110 sqft · $822 · 0.5 mi | $4,200,000 | 6 | 5 | 5,110 | $822 | 0.5 mi |
B 2471 Calle San Clemente Sold 4 bd · 3 ba · 4,116 sqft · $888 · 0.6 mi | $3,653,000 | 4 | 3 | 4,116 | $888 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018 and recently reconstructed with high-end finishes, this estate is in mint condition. It features a modern chef's kitchen with marble countertops, coffered ceilings, and Fleetwood pocket doors, along with updated systems including a 12kW owned solar array.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41382, living area = 5850.
The property features a rare combination of a single-level main residence, a substantial 1,550 sqft ADU, and a 700+ sqft detached shop, providing unmatched flexibility for multi-generational living, guests, or professional-grade hobbies.
The main home boasts a high-end transformation of the kitchen and living areas, featuring 14-foot coffered ceilings, marble countertops, and Fleetwood pocket doors that create a seamless indoor-outdoor entertaining experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5850, other record living area = 5627. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Listed at nearly $5 million, the property sits at the top end of the local market, which may limit the pool of qualified buyers despite the extensive upgrades and unique amenities.
While the primary residence is highly desirable as a single-story home, the ADU is a two-story structure, which may be a drawback for buyers seeking completely step-free living for elderly family members or guests.
Rarely does an estate of this scale, setting and level of finish come to market in the heart of Olivenhain. Located on the end of a cul-de-sace, Set on just under 1 flat acre parcel with tranquil views toward Val Sereno open space, this extraordinary property embodies the best of Olivenhain’s coveted private lifestyle. Upon entrance of the main residence, you are greeted by an enormous foyer with a 10ft wide hallway leading into the main living area. The approximately 4,300sqft main residence is entirely single level, with every bedroom and primary living space thoughtfully positioned on one floor. For buyers specifically seeking a substantial private single story estate, this is a truly exceptional offering. The main residence has been extensively upgraded from top to bottom, including a remarkable transformation of the kitchen and main living areas through a full reconstruction. At the heart of the home is an impressive open kitchen featuring approximately 14-foot coffered ceilings, custom cabinetry, beautiful marble countertops, and an oversized Fleetwood Pocket door, creating a dramatic yet inviting space that flows seamlessly into the main living areas. The thoughtful design emphasizes indoor-outdoor living, with the principal living spaces opening naturally to the expansive grounds and creating an ideal setting for both everyday enjoyment and large-scale entertaining. Beyond the main residence, the property offers an unusually versatile collection of improvements. A separate 1,550sqft ADU provides two bedrooms and two bathrooms, with its own private entrance and excellent flexibility for extended family, guests, a home office or additional living accommodations. The ADU is the only two-story structure on the property, allowing the primary residence to retain its highly desirable single story configuration. For those seeking the space and functionality associated with an estate property, a 700+sqft detached shop offers tremendous utility, complete with two roll up doors and ample room for vehicles, equipment, hobbies, storage or a workshop. The property also offers a true equestrian component, with the ability to accommodate two horses, perfectly complementing Olivenhain’s longstanding horse friendly heritage. The expansive, flat and fully usable grounds provide an exceptional canvas for outdoor living, recreation, gardening, animals and entertaining, while the protected open space views create a peaceful and private backdrop. Adding to the property’s long-term efficiency and appeal is an approximately 12-kilowatt owned solar system with NEM 2.0, providing the benefits of substantial owned solar infrastructure under California’s favorable legacy net-energy metering structure. Olivenhain remains one of Encinitas’ most distinctive and sought after communities, celebrated for its historic character, equestrian roots, spacious estates and rural atmosphere, yet remarkably close to the beaches, downtown Encinitas, 5 freeway, and the best of coastal North County. A rare combination of single story living, one fully usable acre, protected open space views, extensive high-end renovation, exceptional indoor-outdoor living, a 1,550sqft 2bedroom ADU, a 700+sqft shop, two-horse capability and owned 12-kilowatt solar. This is a truly exceptional Olivenhain estate offering a level of flexibility, privacy and functionality rarely found in coastal San Diego.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,850 | 2,072.058 |
| Lot Size | 41,382 | 9,262.387 |
| Price | $5.00M | $2.37M |
| Price per sq ft | $855 | $988 |
| Built year | 2018 | 1987 |
| HOA | $0 | $188 |
| Days on market | 11 | 43 |
Oct 14, 2026
$4,999,888
Initial Listing
Apr 28, 2017
$1,410,000
Public Record
Sep 29, 2006
$1,675,000
Public Record
Aug 28, 1998
$650,000
Public Record