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$2,200,000
Est. payment /mo
0.51 Acres Lot
New
697 Ocean View AVE Encinitas, CA 92024
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2600318
HOA Y/N No
Year Built 1953
Lot Size 0.510 Acres
Property Description
Rare Contractor or Development Opportunity! Located west of I-5 in beautiful Leucadia, this half-acre property offers exceptional potential in a prime location. Create your ideal coastal compound, maximize income potential or build your dream home by the beach. The SB9 (Home Act) may allow two single-family homes and lot to be split into two parcels. The light and bright 2/1, 1020 sq ft main residence is surrounded by a spacious deck and inviting outdoor patio with built-in fireplace, perfect for relaxing or entertaining. The two ADUs on the property include a 650 sq ft 1/1 ADU and a 270 sqft converted 1/1 garage with loft. The property includes raised garden beds, avocado, pomegranate and citrus trees and solar. Located near the vibrant downtown Leucadia corridor where new improvements include additional roundabouts, off-street parking, and planned underpasses for improved beach access. Walking distance to gorgeous beaches, the Coaster, Farmers Market, Orpheus dog park and 1.5 miles to Encinitas Ranch Golf Course. Property was recently appraised at $2,450,000! This is the opportunity you have been waiting for.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning Residential 3 (R-3). SB9
Interior
Inclusions washer, dryer, fridge, solar
Fireplace No
Laundry Outside
Exterior
Pool None
Community Features Street Lights
View Y/N No
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Value In Land
Story 1
Others
Senior Community No
Tax ID 2561213200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/d0a09ac1-66d6-4056-b3c0-1d0d35e9b300?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Lease Land No

Listed by Kara Brem Windermere Real Estate
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