
Encinitas, California 92024
This property presents a High-Potential Investment Opportunity with a List Price of $1,799,999—positioned well below the $1,866,814 Fair Market Value by 3%. This valuation gap offers $66,815 in Instant Equity for buyers. Featuring a 0.76-acre lot and a detached ADU, the property has a Condition Rating of 5, requiring a full renovation. Located near top-rated schools like La Costa Heights Elementary, this is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on limited Encinitas land inventory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 935 Encinitas Blvd Subject | $1,799,999* List Price | 5 | 2 | 1,709 | $1,092 | - |
A 5871 Camino El Dorado Active | $1,750,000 List Price | 3 | 3 | 1,866 | $938 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 (86 years old) and explicitly marketed as a 'fixer' to be sold 'as-is.' The interior photos show dated flooring and finishes, and the listing emphasizes land value and the need for a contractor, indicating the property requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33105, living area = 1709.
Elementary School: La Costa Heights Elementary School (9/10). Middle School: Pacific Trails Middle (10/10).
The property sits on a rare 0.76-acre lot west of the I-5, offering significant development potential and space that is exceptionally hard to find in the coastal Encinitas market.
As a 1940s 'fixer' sold in as-is condition, the property requires substantial capital investment and a complete overhaul to bring it up to modern standards.
The nearly $1.8 million list price represents a high barrier to entry for a property requiring major repairs, which may impact the overall return on investment for developers.
FIXER WITH POTENTIAL ON NEARLY ¾ ACRE IN ENCINITAS! The hardest part of real estate investing is finding the right property — this is it. Sitting on a generous 0.76-acre lot just west of the I-5, this unique offering includes a 3-bedroom, 1-bath main house, an ADU with full kitchen and bathroom. Bring your contractor and your vision. Invest in one of San Diego County's most sought-after coastal communities — just 5 minutes to the beach, surrounded by shopping, dining, and recreation. Property sold AS-IS. Ideal for investor ready to capitalize on Encinitas' limited land inventory. Don't miss this rare chance in highly-coveted Encinitas!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 3-6 • 1.0 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,709 | 2,143.841 |
| Lot Size | 33,105 | 9,012.978 |
| Price | $1.80M | $2.49M |
| Price per sq ft | $1.1K | $988 |
| Built year | 1940 | 1985 |
| HOA | $0 | $189 |
| Days on market | 11 | 41 |
Aug 29, 2026
$1,799,999
Initial Listing