1465 Neptune Avenue, Encinitas, California 92024, Encinitas, - bed, bath

home-pic
ACTIVE$3,750,000
1465 Neptune Avenue, Encinitas, California 92024
3Beds
2Baths
1,031Sqft
10,760Lot
Year Built
1957
Close
-
List price
$3.75M
Original List price
$4.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2501633
Home ConditionTear down
Features
Excellent View: None
Pool
Patio
View-

About this home

Build your dream home across the street from the Pacific Ocean at 1465 Neptune Avenue. Only a few blocks from Grandview beach access on Encinitas' most coveted street, your new estate would feature a 4,500 square foot contemporary home on an almost 1/4 acre parcel with a pool and yard. Most of the permit process is completed and there are only minor things left to do before starting construction. Take advantage of not having to wait approximately 2 years and save thousands of dollars not to mention the heartache of navigating the City of Encinitas and California Coastal Commission processes. This property allows for maximum privacy while offering easy access to many local amenities. The included plans have been expertly prepared by Beery Design Group and showcase a relatively large home to live the Encinitas indoor outdoor lifestyle. The architectural renderings are for illustrative purposes only with the finishes shown not required. While the owner has gone through the majority of the permitting process, any potential buyer should verify all information with the appropriate regulatory agencies. Please respect the residents and don't walk on the property from the street.

Nearby schools

7/10
Paul Ecke-Central Elementary School
Public,K-61.2mi
8/10
Diegueno Middle School
Public,7-83.9mi
10/10
Pacific Trails Middle
Public,7-810.5mi
7/10
La Costa Canyon High School
Public,9-124.3mi

Price History

Date
Event
Price
10/22/25
Price Change
$3,750,000
02/20/25
Listing
$4,495,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (188 Listings)
Beds34
41%
Baths23
31%
Square foot1,0312,144
3%
Lot Size10,76010,019
53%
Price$3.75M$2.17M
88%
Price per square foot$3,637$979
98%
Built year19571986
4%
HOA$180
Days on market258148
95%
Condition Rating
Tear down

The property was built in 1957, making it over 50 years old. The listing description explicitly states the opportunity to 'Build your dream home' with provided architectural renderings for a new, 4,500 sqft contemporary residence. All images are renderings of the proposed new construction, not the existing 1031 sqft structure. This indicates that the value is in the land and the approved plans for redevelopment, and the existing structure is intended for demolition, fitting the 'tear-down' criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated directly across from the Pacific Ocean and blocks from Grandview beach access on Encinitas' most coveted street, offering an unparalleled and highly desirable oceanfront lifestyle.
Advanced Permitting Process: Most of the permit process for a new 4,500 sqft contemporary home is completed, saving the buyer approximately two years of waiting and significant costs associated with navigating city and Coastal Commission approvals.
Approved Luxury Home Plans: Includes expertly prepared plans by Beery Design Group for a substantial 4,500 sqft contemporary home with a pool and yard, providing a clear vision for a high-end estate.
Generous Lot Size: An almost 1/4 acre (10,760 sqft) parcel offers ample space for the planned large home, pool, and yard, which is a significant advantage for a coastal property.
Privacy & Accessibility: The property allows for maximum privacy while offering convenient access to numerous local amenities, balancing seclusion with community engagement.

Cons

Requires New Construction: The property is essentially a buildable lot, meaning the buyer must undertake and finance a significant new construction project, as the existing 1957 structure is likely intended for demolition.
Illustrative Renderings & Finishes: Architectural renderings are for illustrative purposes only, and finishes are not included, requiring the buyer to make substantial design and material choices and incur additional costs beyond the land purchase.
Buyer Due Diligence for Permits: Despite the seller's efforts, potential buyers are advised to verify all permit information with appropriate regulatory agencies, indicating a need for thorough final due diligence.

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