808 Palaro Drive, Encinitas, California 92024, Encinitas, 92024 - 4 bed, 3 bath
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Encinitas, California 92024
This Coastal Residential Compound is a High-Potential Investment Opportunity, listed at $2,995,000—positioned well above the $2,492,549 Fair Market Value. While priced at a premium, the property offers a unique Condition Rating of 3 and significant versatility through its permitted, attached ADU. Located in the San Dieguito Union High School District, this home features a Bali-inspired backyard, paid solar, and panoramic ocean views. This is an ideal acquisition for Owner-Occupants seeking a luxury coastal lifestyle or Investors looking for high-end rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 808 Palaro Drive Subject | $2,995,000* List Price | 4 | 3 | 2,553 | $976 | - |
A 1711 Burgundy Rd. Sold | $2,345,000 | 4 | 3 | 2,793 | $840 | 0.2 mi |
B 1551 Burgundy Rd Active | $2,899,000 List Price | 4 | 3 | 2,307 | $1,257 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1973, the property has undergone significant renovations to achieve 'designer interiors' with modern flooring, custom woodwork, and updated lighting. The inclusion of paid solar and a permitted ADU indicates updated systems and functional improvements within the 5-15 year range, making it move-in ready and well-maintained.
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
The property includes a permitted, attached ADU with its own entrance, providing a turnkey solution for rental income, multi-generational living, or a private home office.
Situated on a rare quarter-acre lot in Leucadia, the Bali-inspired backyard with a spa, fire pits, and outdoor surf shower offers an expansive and private retreat that is uncommon for the area.
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.
Originally built in 1973, the property may require more frequent maintenance or updates to its core mechanical and structural systems compared to newer builds.
The use of AI-altered and virtually staged photography may create a discrepancy between the property's online marketing and its actual physical condition or aesthetic during in-person tours.
Welcome to 808 Palaro Drive, a private coastal compound tucked into a quiet pocket of old-school Leucadia. Set on a rare quarter-acre lot, this 4-bedroom home offers 2,553 square feet of warmth, character, and custom woodwork. The designer interiors support both quiet moments and lively gatherings, but the true magic lies outside. Designed to be fully lived in, the property features a sun-filled front yard with garden beds and a Bali-inspired backyard complete with fire pits, a secluded spa, and an outdoor surf shower. This authentic retreat balances laid-back tranquility with versatility, featuring paid solar and a permitted, attached ADU with its own entrance—ideal for guests or rental income. Located within the top-tier San Dieguito school district, you are minutes from the iconic surf culture, local cafés, and vibrant energy of downtown Encinitas, Moonlight Beach, and Swami’s. It is the ultimate coastal lifestyle: grounded, refined, and effortlessly relaxed! Please note: Certain photos have been digitally altered using AI/virtual staging to show alternative times of day and furniture decor concepts. These enhancements are for illustrative purposes only. Physical property characteristics remain unchanged.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 2.0 mi
Grades K-6 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,553 | 2,467.5 | 52% |
| Lot Size | 0.26 | 7,840.9 | 16% |
| Price | $3.00M | $2.35M | 67% |
| Price per sq ft | $1.2K | $948 | 74% |
| Built year | 1973 | 1986 | 16% |
| HOA | $0 | $73 | 49% |
| Days on market | 11 | 120 | 8% |
May 26, 2026
$2,995,000
Initial Listing
Aug 18, 2016
$1,150,000
Public Record