1629 1631 Neptune Avenue, Encinitas

$5,750,000

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6 Beds
6 Baths
3,840 Sqft
.14 Acre
3 Garages

2-Condo Family Beach Complex! Prime Location AND income opportunity...WOW! Imagine living just 1 block to beach access, spectacular white-water & sunset views, a choice Neptune Avenue setting, and short walks to eclectic shopping, farmer's markets, coffee houses, and hipster cafes - this property perfectly represents the importance of a great location, how the right setting is paramount for both investment value and quality of life for its residents. In addition, every inch of the entire complex has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound, instant income opportunity, or both. Grandview Lofts (GVL) is a resort-like complex of 2 condominium homes on one large and quiet 6007 SF trophy lot just 1 block from the Grandview Beach entrance in Encinitas. 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 complex is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each condo, 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. Each condo has its own turnkey 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) This property is as unique as it is desirable - don't miss out on this rare opportunity to secure your perfect family beach compound!

Essential Information

MLS® #
NDP2400334
Price
$5,750,000
Bedrooms
6
Bathrooms
6.00
Full Baths
6
Square Footage
3,840
Acres
0.14
Year Built
1978
Type
Residential
Sub-Type
Condominium
Style
Contemporary
Status
Active

Community Information

Address
1629 1631 Neptune Avenue
Area
92024 - Encinitas
City
Encinitas
County
San Diego
Zip Code
92024
Community Features
Biking, Street Lights
Senior Community
N

Amenities

Amenities
Other
Parking Spaces
8
# of Garages
3
View
Neighborhood, Ocean, Water
Pool
None

Utilities

Cable Connected, Electricity Connected, See Remarks

Parking

Assigned, Concrete, Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site, Private, RV Potential, One Space, On Street, Side By Side

Garages

Assigned, Concrete, Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site, Private, RV Potential, One Space, On Street, Side By Side

Waterfront

Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway

Interior

Interior
Tile
Heating
Central, Natural Gas
Fireplace
Yes
Fireplaces
None
# of Stories
3
Stories
Two

Interior Features

Wet Bar, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s), Smart Home, Wired for Data

Appliances

Dishwasher, Electric Range, Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water To Refrigerator

Cooling

Central Air, Electric, Whole House Fan, High Efficiency

Exterior

Exterior
Block, Drywall, Glass, Stucco
Construction
Block, Drywall, Glass, Stucco

Exterior Features

Barbecue, Lighting, Rain Gutters

Lot Description

Back Yard, Drip Irrigation/Bubblers, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers Timer, Street Level, Walkstreet

Windows

Blinds, Insulated Windows, Screens

School Information

District
Encinitas Union

Additional Information

Date Listed
January 10th, 2024
Days on Market
46
Zoning
Residential 11 - Condomin

Listing Details

Agent
Stephen Scola
Office
The Scola Company

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Based on information from California Regional Multiple Listing Service, Inc. as of February 27th, 2024 at 3:11pm PST. 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, 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.