824 Neptune Ave, Encinitas, California 92024, Encinitas, 92024 - 5 bed, 6 bath
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Encinitas, California 92024
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $1,690,000—positioned well below the $1,702,362 Fair Market Value by 0.72%. This valuation gap offers $12,362 in Instant Equity. Featuring an Excellent Condition Rating, this home offers a Gourmet Kitchen with Miele appliances and Unobstructed Panoramic Ocean Views. Located near top-rated schools like Pacific Trails Middle, this property provides a sophisticated lifestyle. It is an ideal acquisition for Luxury Lifestyle Seekers or Discerning Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 824 Neptune Ave Subject | $1,790,000* List Price | 5 | 6 | 4,430 | $393 | - |
A 824 Neptune Ave Sold | $1,690,000 | 5 | 6 | 4,430 | $381 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is within the 10-year age bracket for excellent condition. It is a turnkey, professionally managed home featuring a gourmet kitchen with high-end Miele appliances, walnut cabinetry, and quartzite countertops. The bathrooms are modern and luxurious, and the home includes premium systems such as a glass elevator and an automatic garage lift.
Middle School: Pacific Trails Middle (10/10).
Situated on the prestigious Neptune Avenue cliffside, the property offers breathtaking, unobstructed Pacific Ocean views and seamless indoor-outdoor living through frameless glass doors.
The home features premium finishes including Miele appliances, a glass elevator, a garage with an automatic lift, and dual primary suites, ensuring a sophisticated living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4430, other record living area = 4264.
The listing is for a 1/8 co-ownership share rather than the full fee simple interest, which may limit financing options and total control over the property.
As a cliffside property in Leucadia, the home may be subject to long-term environmental concerns related to bluff stability and coastal erosion common to the area.
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.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 3.6 mi
Grades 7-8 • 10.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,430 | 2,167 |
| Lot Size | - | 7,840.8 |
| Price | $1.79M | $2.54M |
| Price per sq ft | $404 | $969 |
| Built year | 2016 | 1984 |
| HOA | $0 | $174 |
| Days on market | 16 | 41 |
Jul 8, 2026
$1,790,000
$1,690,000
+6% Price Increase
Initial Listing
Jul 6, 2026
$1,690,000
Initial Listing
Mar 22, 2022
$10,300,000
Public Record
Oct 9, 2018
$8,500,000
Public Record