231 5th Street, Encinitas, California 92024, Encinitas, - bed, bath

home-pic
ACTIVE$6,499,000
231 5th Street, Encinitas, California 92024
3Beds
2Baths
1,980Sqft
4,946Lot
Year Built
1963
Close
-
List price
$6.5M
Original List price
$6.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2505853
Home ConditionExcellent
Features
Excellent View: Coastline, Ocean, Panoramic
Deck
Spa
Patio
ViewCoastline, Ocean, Panoramic

About this home

Discover the ultimate coastal treasure at 231 5th Street, Encinitas, CA—truly a real-life unicorn in the world of real estate! This 3-bedroom, 2-bathroom sanctuary spans nearly 2,000 square feet, seamlessly blending modern luxury with stunning beach and whitewater views that greet you from every angle. Just steps away from the sands of Moonlight Beach, one of San Diego's most cherished spots, this home has been fully remodeled and is completely turnkey. This incredible home has the ability to be a single family home with a detached garage/studio and yard or two separate units, one upper and one lower, to provide the potential for multi-generational living or a nanny suite under the same roof. Each unit contains fully equipped updated kitchens with premium stone counters and sleek stainless appliances, fully renovated bathrooms, and private living space. Perfect for when you want family living while maintaining privacy. Or if you choose, long-term rental possibilities are an option. The detached garage is still under renovation, complete with a full bathroom, washer/dryer and studio kitchen. A roof top deck will capture all of the action at Moonlight beach and fantastic sunsets. This space could be a garage, studio, office, workout room, storage, etc. Step outside into your private oasis, where a brand new hot tub and beautiful outdoor spaces await. Enjoy the expansive deck and balcony, each offering breathtaking vistas. Copper rain gutters add a sophisticated touch to the exterior, while the interior shines with dual pane windows, hardwood floors, and recessed lighting. Additionally, parking is convenient with a detached garage, guest parking, and accessible street parking. This exceptional property is ready to be all yours, offering a lifestyle that’s both luxurious and relaxed. Don’t miss out on this rare opportunity—fully furnished and waiting for you to make it your own slice of paradise!

Nearby schools

7/10
Paul Ecke-Central Elementary School
Public,K-60.6mi
7/10
Ocean Knoll Elementary School
Public,K-61.6mi
7/10
Ada W. Harris Elementary School
Public,3-61.9mi
/10
Cardiff Elementary School
Public,K-31.9mi
7/10
Oak Crest Middle School
Public,7-81.8mi
8/10
Diegueno Middle School
Public,7-83.3mi
10/10
Pacific Trails Middle
Public,7-89.0mi
7/10
La Costa Canyon High School
Public,9-124.2mi

Price History

Date
Event
Price
06/13/25
Listing
$6,499,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (188 Listings)
Beds34
41%
Baths23
31%
Square foot1,9802,144
41%
Lot Size4,9469,904
14%
Price$6.5M$2.17M
97%
Price per square foot$3,282$979
98%
Built year19631986
8%
HOA$180
Days on market145147
49%
Condition Rating
Excellent

Despite being built in 1963, the property has undergone a complete and extensive renovation, as explicitly stated in the description ('fully remodeled and is completely turnkey'). The images confirm this, showcasing modern kitchens with premium stone counters, sleek stainless steel appliances, and contemporary cabinetry. Bathrooms are fully renovated with modern vanities, fixtures, and tiling. The home features new hardwood floors, recessed lighting, dual-pane windows, and a fresh, modern aesthetic throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Coastal Location & Views: The property boasts an unparalleled location just steps from Moonlight Beach, offering stunning panoramic beach and whitewater views from every angle, a highly sought-after feature in Encinitas.
Extensive Remodel & Turnkey Condition: Fully remodeled with updated kitchens, bathrooms, premium stone counters, sleek stainless appliances, hardwood floors, dual-pane windows, and recessed lighting, the home is completely turnkey and offered furnished.
Versatile Layout & Income Potential: The property offers flexible living arrangements as a single-family home or two separate units, ideal for multi-generational living, a nanny suite, or significant long-term rental income possibilities.
Luxury Outdoor Amenities: Features a brand new hot tub, expansive deck and balcony, and a planned rooftop deck on the detached garage, providing exceptional outdoor living and entertainment spaces with ocean views.
Detached Garage with ADU Potential: The detached garage, though under renovation, includes a full bathroom, washer/dryer, and studio kitchen, offering versatile use as a studio, office, workout room, or potential Accessory Dwelling Unit (ADU).

Cons

Significant Price Premium Over Estimated Value: The listing price of $6.499 million is approximately 11% higher than the property's estimated value of $5.782 million, which may present a challenge in justifying the price to potential buyers.
Ongoing Renovation of Detached Garage: The detached garage is explicitly stated as 'still under renovation,' meaning it is not fully completed or immediately usable as a finished space, which could delay full enjoyment or rental income potential.
Limited Lot Size: With a lot size of 4,946 square feet, the property offers a relatively compact outdoor footprint for a luxury coastal home, potentially limiting extensive landscaping or future expansion options.

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