808 Palaro Drive, Encinitas, California 92024, Encinitas, 92024 - 4 bed, 3 bath
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808 Palaro Drive
Encinitas, California 92024
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,553Sq Ft
0.26Lot Size
Property Price
LIST PRICE$2,995,000
EST. MARKET VALUE
$2,771,785
8% AboveMARKET VALUE
SUMMARY
This Turnkey Coastal Sanctuary is a Strong Value Opportunity, listed at $2,995,000—positioned above the $2,771,785 Fair Market Value. While priced for the premium Encinitas market, the property features a Condition Rating of 3 and includes a Permitted ADU, Paid Solar, and Resort-Style Grounds with a private spa. Located in the San Dieguito Union High School District near top-rated schools like La Costa Heights Elementary, this home offers a rare blend of lifestyle luxury and rental income potential. It is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a move-in ready coastal retreat.
Estimated Market Value
$2,771,785
Based on Realkey algorithm analyzing recent comparable sales in Encinitas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 808 Palaro Drive Subject | $2,995,000* List Price | 4 | 3 | 2,553 | $1,086 | - |
A 1349 Ranch Rd Sold | $2,217,500 | 3 | 2 | 2,000 | $1,109 | 0.9 mi |
B 489 La Costa Ave Pending | $2,799,000 List Price | 4 | 3 | 3,242 | $863 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1973, the property has undergone significant modern renovations including engineered hardwood flooring, updated recessed lighting, and the addition of paid solar and a permitted ADU. The interior finishes and Balinese-inspired landscaping are well-maintained and move-in ready, though some bathroom elements like the tile vanities suggest the renovations are likely in the 5-15 year range rather than brand new.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
- Permitted ADU
The property features a permitted, soundproofed 1-bedroom, 1-bathroom ADU with a private entrance and dedicated parking, providing excellent potential for rental income or multi-generational living.
- Resort-Style Outdoor Living
The Balinese-inspired grounds offer a luxurious private sanctuary, complete with a secluded spa, outdoor shower, fire-pit lounge, and lush landscaping on a spacious quarter-acre corner lot.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 11500.
- Vintage Infrastructure
Originally built in 1973, the property may have aging underlying systems that require more maintenance compared to newer constructions, despite the high-end cosmetic updates.
- Freeway Proximity
While providing easy I-5 access, the home's location near the interstate corridor may result in ambient traffic noise, which could detract from the tranquility of the outdoor garden nooks.
About 808 Palaro Drive
The Palaro Compound | A Private Coastal Sanctuary: Set on a fenced, lush quarter-acre corner lot, this 2,553 sq. ft. masterwork pairs "old school" Leucadia soul with modern custom finishes. Artisanal interiors showcase rich engineered hardwood, archways, decorative beams, and a wood-burning fireplace designed for effortless indoor-outdoor living. The Balinese-inspired resort grounds feature a secluded spa, outdoor shower, dining area, covered fire-pit lounge, and quiet garden nooks to unwind. Adding immense value, a permitted, soundproofed 1 BD / 1 BA ADU offers a private entrance, patio, and 2 dedicated parking spaces. Tucked away for privacy yet minutes from everything Encinitas offers, this home includes paid solar, an oversized driveway for Sprinter/RV parking, and easy I-5 access. Enjoy walking distance to Capri Elementary, with quick access to the surf at Swami’s and Moonlight Beach, plus all that the Highway 101 corridor has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 0.26 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encinitas Unified Schools
Capri Elementary School
Grades K-6 • 0.4 mi
6/10
El Camino Creek Elementary School
Grades K-6 • 2.0 mi
8/10
La Costa Heights Elementary School
Grades K-6 • 2.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,553 | 2,143.841 |
| Lot Size | 0.26 | 9,012.978 |
| Price | $3.00M | $2.49M |
| Price per sq ft | $1.2K | $988 |
| Built year | 1973 | 1985 |
| HOA | $0 | $189 |
| Days on market | 26 | 41 |
Pricing History
Listed for Sale
Aug 14, 2026
$2,995,000
Initial Listing
Sold
Aug 18, 2016
$1,150,000
Public Record