Active
1629 1631 Neptune Avenue
Encinitas CA, 92024
$5,750,000
$1,497.40 per sqft
Active
3,840 sqft
Condo
Built in 1978
Listed by Stephen Scola with The Scola Company 858-254-4819
300 FEET FROM THE OCEAN A very rare opportunity to own one of the most unique properties on Neptune Ave in Encinitas just 1 block from the Grandview Beach entrance. Grandview Lofts (GVL) is a resort-like complex of 2 homes on one large and quiet 6007 SF trophy lot just a short walk to the beach. Being sold together, GVL is 2 addresses and 2 levels - both with spectacular ocean views, spacious sun decks, and open concept living. GVL has 3840 SF of total living space plus a large private back yard with outdoor room & kitchen. The entire property is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each home, you are greeted with large ocean views and an open concept kitchen, living room, and dining area for entertaining. Ocean views, sea breezes, sounds of waves, and natural light are ever-present throughout. Each home has a dedicated sundeck to enjoy the majestic ocean and breathtaking sunsets. All the bedrooms are sizable, bright, airy, and quiet - and all the bathrooms and walk-in showers are quality appointed. There are 3 enclosed garages along with plenty of on-site parking - perfect for extended family, visitors, or tenants. A 2017 remodel addressed soundproofing, quality appliances, A/C, networking, landscape, hardscape, and much more. In addition, each home has its own income opportunity (a built-in 600 SF apartment w/private entrance) and the GVL complex has a 5-year history operating as 4 rentable units (3 short term, 1 long term). Every inch of this sensational property has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound and instant income opportunity, or both. Enjoy Leucadia's amazing lifestyle and walk to top restaurants, coffee shops, hipster bars, and spectacular beaches. This is truly a coastal sanctuary. With a prime location AND income opportunity - this property is as unique as it is desirable - don't miss out on this rare opportunity to secure your perfect family beach compound!
NDP2400344
MLSⓇ ID
March 8, 2024
Listed
May 9, 2024
Updated
Map
1629 1631 Neptune Avenue
Encinitas CA, 92024
Interior Features
Total Stories
2
Laundry Description
Common Area, Inside, Stacked
Fireplace
No
Cooling
Yes
Cooling Description
Electric, Gas
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Yard
Architectual Style
Modern
Sewer
Public Sewer
Other Property Details
Area Name
92024 - Encinitas
Days on Market
87
Association Fee
Not Listed
Garage
Yes
Garage Spaces
3
Parking Total
3
View
Yes
View Description
Ocean
County
San Diego
Water Source
Public
Pool
No
Pool Features
None
Zoning
RESIDENTIAL
Buyer Agency Compensation
2%
Listing Contact: 858-254-4819
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 1:39 PM UTC