937 3rd Street, Encinitas, California 92024, Encinitas, - bed, bath

home-pic
ACTIVE$3,650,000
937 3rd Street, Encinitas, California 92024
4Beds
2Baths
1,772Sqft
5,221Lot
Year Built
1950
Close
-
List price
$3.65M
Original List price
$3.75M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2504656
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

MOVE IN READY! 937 3rd Street is an elegantly reimagined duplex nestled in the heart of downtown Encinitas. This modern gem offers a unique blend of sophistication and coastal charm, making it an exceptional opportunity to own a long-term legacy property in one of San Diego's most coveted locations. Spanning a generous 1,772 square feet, this duplex comprises two distinct units. The upper unit, with its 876 square feet, features 2 well-appointed bedrooms a stylish bathroom and a spacious private patio with room for family and friends. The lower unit offers 896 square feet of living space, also encompassing 2 bedrooms, generous modern bathroom and an oversized patio spanning the entire width of the unit along with side yard. Both units are thoughtfully designed with contemporary finishes and conveniences, including air conditioning and in-unit washers and dryers. The property's total lot size of 5,221 square feet presents a wealth of potential. The seller has conceptual plans for an additional two units and four garages on the back portion of the lot, providing ample options for future development. Located just moments away from shops, dining, the beach, entertainment, and transportation, this duplex places the best of Encinitas at your doorstep. Whether you choose to continue its use as an Airbnb and long-term rental or explore new development possibilities, this property is a must-see. Don't miss out on this incredible opportunity to own a piece of coastal paradise. Schedule your viewing today!

Nearby schools

/10
Cardiff Elementary School
Public,K-31.3mi
7/10
Paul Ecke-Central Elementary School
Public,K-61.3mi
7/10
Ocean Knoll Elementary School
Public,K-61.3mi
7/10
Ada W. Harris Elementary School
Public,3-61.4mi
7/10
Oak Crest Middle School
Public,7-81.5mi
8/10
Diegueno Middle School
Public,7-83.3mi
10/10
Pacific Trails Middle
Public,7-88.4mi
7/10
La Costa Canyon High School
Public,9-124.4mi

Price History

Date
Event
Price
10/22/25
Price Change
$3,650,000
05/12/25
Listing
$3,750,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds43
57%
Baths23
29%
Square foot1,7721,772
50%
Lot Size5,2213,600
57%
Price$3.65M$1.47M
86%
Price per square foot$2,060$806
86%
Built year19501977
14%
HOA
Days on market177168
57%
Condition Rating
Excellent

Despite being built in 1950, this duplex has undergone an extensive and high-quality renovation, as described and clearly depicted in the images. Both units feature modern, contemporary finishes throughout, including new hardwood flooring, stylish light fixtures, and fresh paint. The kitchens are fully updated with new stainless steel appliances, white shaker cabinets, modern countertops (likely quartz), and subway tile backsplashes. Bathrooms are equally impressive with modern vanities, fixtures, and tiled showers. The property also boasts new mini-split air conditioning units and in-unit washers/dryers, indicating a comprehensive update of major systems. All components appear new or virtually new, with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Downtown Location: Nestled in the heart of downtown Encinitas, the property offers unparalleled access to shops, dining, entertainment, transportation, and the beach, making it a highly desirable coastal location.
Income-Generating Duplex: Configured as a duplex with two distinct units, it provides immediate income potential through Airbnb or long-term rentals, offering flexibility for investors.
Significant Development Potential: The generous 5,221 sqft lot includes conceptual plans for an additional two units and four garages, presenting substantial future development and value-add opportunities.
Move-in Ready & Modernized: Elegantly reimagined with contemporary finishes, air conditioning, and in-unit washers/dryers in both units, ensuring a comfortable and modern living experience from day one.
Long-Term Legacy Investment: Positioned as a 'long-term legacy property' in a coveted San Diego location, it offers strong potential for appreciation and sustained value.

Cons

High Price Point: The list price of $3.65 million for 1,772 sqft is a substantial investment, potentially narrowing the pool of prospective buyers.
Conceptual Development Plans: The plans for additional units are conceptual, meaning they are not approved and would require significant time, capital, and regulatory navigation to realize.
Limited Premium View: Despite its coastal proximity, the property offers a 'Neighborhood' view rather than a premium ocean or panoramic vista, which some buyers might expect at this price point.

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