The highest sale in Encinitas was the Crescent House for $16,250,000. But that was in May, 2023. Will anyone be surprised if they get close to the $24,850,000 here? Not me. I think I said $28 million in the video but it was the previous agent who had it for $27,500,000 last year.
Introducing a rare gem in coastal luxury, 1230 Neptune Ave in Encinitas, CA, represents the pinnacle of new construction and the last opportunity of its kind for an oceanfront residence on the California coast. This magnificent 7,089-square-foot home is a showcase of architectural mastery and exclusive living, uniquely permitted on a coastal bluff where such development will no longer be allowed. Just 12 minutes from Carlsbad Airport, your unparalleled oceanfront escape awaits. Step inside to discover an entryway that ushers you into a realm where luxury meets breathtaking ocean views. The home is equipped with a commercial-grade elevator, ensuring effortless navigation throughout. Each room is designed to frame the Pacific Ocean through expansive glass windows, seamlessly integrating the horizon into your daily life. This home boasts unparalleled amenities, including four bedrooms, seven bathrooms, a state-of-the-art theater, a sophisticated bar and lounge, and a refined wine cellar, each space meticulously crafted for luxury and entertainment. The private bluffside terrace offers a serene retreat, surrounded by complete privacy and spectacular ocean views. For relaxation and rejuvenation, the in-home spa and sauna provide a sanctuary of wellness. Exclusive beach access invites you to enjoy the enchanting coastal ambiance of Encinitas directly from your doorstep. The first and last of its kind.
A mini-ranch in Leucadia just sold for a little over the list price. Calling this a four bedroom is a stretch, but it had enough funky-cool to be an eclectic dream home for someone. Another all-cash buy too.
Paying $6.3 million is the biggest boondoggle since the city paid $10 million for the closed Pacific View school.
ENCINITAS, Calif. – City leaders in Encinitas are moving forward in their purchase of about 1.5 acres of land at La Costa Avenue and Highway 101, known to many as “Hippie Hill.”
“We wanted to see this land preserved and protected,” said Encinitas resident Elena Thompson. The purchase of the land is nearly official, with escrow expected to close by the end of September.
“Having the opportunity to acquire this land and keep it from being developed into timeshares, I think the community has very much appreciated the work that we’re doing here,” Mayor Tony Kranz said.
The northern end of Leucadia has seen the construction of a hotel and more development on the way including a nearby apartment complex, so the preservation of this land was paramount for long-time locals.
“Now it’s not going to be developed. That’s great for the city. It’s a small parcel, but every open space is great,” Scott Campbell said.
At Wednesday’s city council meeting, council talked about how they plan to finance the land, purchased for $6 million.
The city plans to use cash reserves for the initial purchase and then use lease revenue bonds to build the reserves back up.
“Some are a little concerned about what effect the roughly $400,000 a year that servicing this debt is going to have on our budget. I think that it’s important enough that we will make it work,” Kranz said.
The public will be asked to weigh in on what they want to see done with the open space at a future city council meeting.
I did the quickie video tour – here is the full description:
Built from the ground up in 2016 with one of the largest oceanfront backyards in Encinitas with upper and lower sea wall framed in steel and concrete, 828 Neptune is not only a beautiful Tuscan estate perched atop one of the most magnificent strips of California coastline, it is one of the best constructed oceanfront sites in all of Encinitas. This 3 story, home features a custom wrought iron spiral staircase with a statement 27 foot Bocci glass chandelier, solid walnut plank flooring, Soffit ceilings, Venetian plaster wall finish with crown molding throughout, home theatre perfect for entertaining and frameless glass doors looking out to unobstructed Pacific Ocean views! The kitchen was designed by world-renowned Kitchen Expo – Rich Famie fully equipped with Wolf appliances, cherrywood cabinets, Phylrich & Hansgrohe oil rubbed bronze plumbing fixtures and Madagascar stone countertops with natural curves inspired by those of the ocean. The primary retreat is situated on the top floor overlooking the ocean with a spa-like primary bath featuring heated floors, towel heaters, a steam shower, jetted tub and sauna. From the atmospheric variable color change lighting throughout to the elevator with changing mosaic art on each floor (designed by Rick Sakalic); this home is not only a work of art but also inspired by the majestic beauty of its natural coastal surroundings with modern luxury conveniences. The home has a full home automation system to manage lighting, security, surveillance, audio/visual and window shades and a 3 car garage with a lift. This property is truly one of a kind in a prime location offering a lifestyle that is coveted by most but attained by few. Sold for $11,500,000 cash.
