824 Neptune Ave, Encinitas, California 92024, Encinitas, 92024 - 5 bed, 6 bath
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824 Neptune Ave
Encinitas, California 92024
ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
4,430Sq Ft
0Lot Size
Property Price
LIST PRICE$1,790,000
SUMMARY
New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home. This contemporary cliffside stunner offers unparalleled elegance and endless views of the Pacific. Frameless glass doors seamlessly connect the interior to the limestone-tiled terrace. The open plan living space has a sleek fireplace flanked by built-ins. The gourmet kitchen is warmed by walnut cabinets and underlit quartzite countertops, and features Miele appliances. The adjoining dining room opens to the patio, fire pit and spectacular vistas. Dual primary suites offer more ocean views through glass-railed balconies, plus luxurious en suite bathrooms. The home includes an office, family room, a glass elevator and a garage with an automatic lift. The home comes fully furnished and professionally decorated.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and in mint, turnkey condition. The gourmet kitchen features high-end Miele appliances and walnut cabinetry, while the home includes modern luxury systems like a glass elevator and automatic garage lift.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Pacific Trails Middle (10/10).
- Prime Coastal Location
Situated on the prestigious Neptune Avenue cliffside, this property offers rare, unobstructed panoramic views of the Pacific Ocean with seamless indoor-outdoor living via frameless glass doors.
- Ultra-Luxury Finishes
The home features high-end contemporary design, including a glass elevator, Miele appliances, walnut cabinetry, and quartzite countertops, ensuring a sophisticated and modern living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4430, other record living area = 4264.
- Fractional Ownership Structure
As a 1/8 co-ownership opportunity, the buyer does not have exclusive year-round access or full autonomy over the property, which may limit appeal for traditional whole-home buyers.
- High Valuation for Share
The $1.79M price tag for a 1/8 share implies a total property valuation exceeding $14 million, which represents a significant premium and may narrow the pool of interested investors.
About 824 Neptune Ave
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- -
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encinitas Unified Schools
Paul Ecke-Central Elementary School
Grades K-6 • 0.6 mi
7/10
Diegueno Middle School
Grades 7-8 • 3.6 mi
8/10
Pacific Trails Middle
Grades 7-8 • 10.0 mi
10/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,430 | 2,072.058 |
| Lot Size | - | 9,262.387 |
| Price | $1.79M | $2.37M |
| Price per sq ft | $404 | $988 |
| Built year | 2016 | 1987 |
| HOA | $0 | $188 |
| Days on market | 111 | 43 |
Pricing History
Listed for Sale
Jul 8, 2026
$1,790,000
$1,690,000
+6% Price Increase
Initial Listing
Price Change
Jul 6, 2026
$1,690,000
Initial Listing
Sold
Mar 22, 2022
$10,300,000
Public Record
Sold
Oct 9, 2018
$8,500,000
Public Record