
Encinitas, California 92024
This Stunning Coastal Retreat is a High-Potential Investment Opportunity, listed at $3,500,000—positioned well below the $3,682,169 Fair Market Value by 4%. This valuation gap offers $182,169 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern infrastructure like a Tesla solar system, this home offers Panoramic Ocean Views and significant ADU Conversion Potential. Located near Top-Rated Schools like Pacific Trails Middle, this property is an ideal acquisition for Owner-Occupants or Sophisticated Investors seeking a premium Encinitas lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 890 Passiflora Avenue Subject | $3,250,000* List Price | 4 | 3 | 2,257 | $1,385 | - |
A 900 Channel Island Drive Sold | $3,700,000 | 4 | 4 | 2,500 | $1,480 | 0.2 mi |
B 1551 Burgundy Road Sold | $2,600,000 | 4 | 3 | 2,307 | $1,127 | 1.0 mi |
C 767 Hymettus Avenue Sold | $2,925,000 | 4 | 3 | 2,869 | $1,020 | 0.7 mi |
D 637 Sparta Drive Active | $2,595,000 List Price | 4 | 4 | 2,051 | $1,265 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone extensive recent renovations and system upgrades. It features a new electrical panel, new furnace, tankless water heater, and a paid Tesla solar system. The bathrooms are modernized with high-end finishes like vessel sinks and stone tile, and the interior shows well-maintained hardwood floors and contemporary lighting, meeting the criteria for a recent high-quality renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2257.
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
Situated in a highly desirable Encinitas neighborhood, the property offers walking distance to Fox Point Farms and close proximity to Swami’s Beach and downtown boutiques.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14810, other record lot size in square feet = 15000.
The property is listed at $3.5M, representing a substantial increase from its previous sale price of $2.475M in mid-2024, which may challenge appraisal values and buyer expectations.
Despite modern mechanical upgrades, the 1960s original build may still present architectural limitations or require further cosmetic updates to fully justify the premium price point.
Welcome to your own private Encinitas retreat, where coastal living meets distinctive charm and modern convenience. Enter through custom old world gates into a secluded courtyard surrounded by a warm tropical feel, setting the tone for this charming single family home with a relaxed Bohemian aesthetic. Enjoy ocean views, refreshing ocean breezes and spectacular sunsets from the Brazilian walnut balcony. Thoughtfully enhanced with a paid Tesla solar system, new electrical panel, new furnace, tankless water heater, reverse osmosis and HousePure water filtration system with Chloramine upgrade, this home blends character with modern comforts. RV parking adds valuable flexibility, while a large additional room offers exceptional potential for conversion to an ADU, subject to applicable approvals. Ideally located near the iconic shores of Swami’s Beach and just minutes from the restaurants, coffee shops, boutiques and coastal energy of downtown Encinitas. Even closer to home, enjoy the convenience of walking to the new Fox Point Farms, featuring an organic farm to table restaurant and gathering place. With its private courtyard, ocean views, unique character, extensive upgrades and enviable location, 890 Passiflora Avenue offers a special opportunity to experience the quintessential Encinitas lifestyle.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.6 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,257 | 2,143.841 |
| Lot Size | 14,810.4 | 9,012.978 |
| Price | $3.25M | $2.49M |
| Price per sq ft | $1.4K | $988 |
| Built year | 1960 | 1985 |
| HOA | $0 | $189 |
| Days on market | 26 | 41 |
Sep 3, 2026
$3,250,000
$3,350,000
-3% Price Drop
Initial Listing
Aug 21, 2026
$3,350,000
$3,500,000
-4% Price Drop
Initial Listing
Aug 14, 2026
$3,500,000
Initial Listing
May 30, 2024
$2,475,000
Public Record
Mar 15, 1994
$280,000
Public Record