
Encinitas, California 92024
This Development-Ready Coastal Asset is a High-Potential Investment Opportunity, listed at $2,799,000—positioned above the $2,452,218 Fair Market Value. While priced for its significant land value, the property offers a Condition Rating of 3, featuring a modern, high-end kitchen. The expansive .59-acre lot provides rare SB-9 development potential for multiple residences and ADUs. Located near top-rated schools like La Costa Heights and Pacific Trails, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a legacy coastal retreat with long-term appreciation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 752 Bracero Road Subject 3 bd · 4 ba · 1,846 sqft · $1,328 | $2,799,000* List Price | 3 | 4 | 1,846 | $1,328 | - |
A 939 Avenida De San Clemente Sold 3 bd · 3 ba · 2,231 sqft · $1,244 · 0.3 mi | $2,775,000 | 3 | 3 | 2,231 | $1,244 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1953, the interior features a modern, high-end kitchen renovation with white shaker cabinets, stone countertops, and stainless steel appliances. The property is well-maintained and move-in ready, serving as a functional residence or rental while the owner explores the SB-9 development potential mentioned in the listing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25700, living area = 1846.
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
The oversized .59-acre lot is a prime candidate for SB-9, offering rare flexibility to build multiple primary residences and ADUs, maximizing investment upside or creating a multi-generational compound.
While conceptual renderings exist, there are currently no approved plans or permits in place, leaving the buyer responsible for the time-consuming and uncertain entitlement process with the City.
The original 1953 structure likely requires significant modernization or complete removal to align with the high list price and the neighborhood's luxury standards.
This .59 acre parcel is a strong candidate for SB-9, opening the door to a range of possibilities—potentially allowing for two primary residences, each with its own ADU, along with the flexibility to incorporate pools, expansive outdoor living, and view-oriented design. Whether envisioning a multi-generational compound, investment-driven buildout, or a custom coastal retreat, the upside here is compelling. Situated in one of Encinitas’ most desirable neighborhoods, 752 Bracero offers a rare opportunity to create a legacy coastal property while generating interim income from the existing residence. Ideally located near top-rated schools including Ocean Knoll Elementary, Oak Crest Middle School, San Dieguito Academy, and La Costa Canyon High School, the property provides exceptional convenience for families. Just minutes from Encinitas’ renowned beaches, the location embodies the best of coastal Southern California living. With the potential for ocean views through thoughtful second-story or elevated design, the property offers strong long-term lifestyle and investment appeal. The setting combines quiet residential charm with close access to shopping, dining, and the vibrant coastal culture that defines Encinitas. Renderings are conceptual only and provided for illustrative purposes. Buyers are advised to independently verify development potential, zoning, SB-9 eligibility, and school assignments with the City of Encinitas and appropriate governing agencies. Renderings are purely conceptual. No plans or permits in place.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 3-6 • 0.8 mi
Grades K-3 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,846 | 2,072.058 |
| Lot Size | 25,700 | 9,262.387 |
| Price | $2.80M | $2.37M |
| Price per sq ft | $1.5K | $988 |
| Built year | 1953 | 1987 |
| HOA | $0 | $188 |
| Days on market | 4 | 43 |
Oct 21, 2026
$2,799,000
Initial Listing
Nov 1, 2017
$1,250,000
Public Record