1629 1631 Neptune Avenue, Encinitas

$5,750,000

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0 Bed
0 Bath
.14 Acre
3 Garages

300 FEET FROM THE OCEAN A very rare opportunity to own one of the most unique properties on Neptune Ave in Encinitas just 1 block from the Grandview Beach entrance. Grandview Lofts (GVL) is a resort-like complex of 2 homes on one large and quiet 6007 SF trophy lot just a short walk to the beach. 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 property is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each home, 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. In addition, each home has its own 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). Every inch of this sensational property has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound and instant income opportunity, or both. Enjoy Leucadia's amazing lifestyle and walk to top restaurants, coffee shops, hipster bars, and spectacular beaches. This is truly a coastal sanctuary. With a prime location AND income opportunity - 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® #
NDP2400344
Price
$5,750,000
Bathrooms
0.00
Acres
0.14
Year Built
1978
Type
Residential Income
Sub-Type
Condominium
Style
Modern
Status
Active

Community Information

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

Amenities

Parking Spaces
3
# of Garages
3
View
Ocean
Pool
None

Interior

Cooling
Electric, Gas
# of Stories
2
Stories
Two

Exterior

Lot Description
Yard

Exterior

Block, Drywall, Stucco, Concrete, Frame

Construction

Block, Drywall, Stucco, Concrete, Frame

Additional Information

Date Listed
March 8th, 2024
Days on Market
107
Zoning
RESIDENTIAL

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 April 28th, 2024 at 2:55am PDT. 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.