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163 La Costa Avenue, Encinitas, CA 92024

$4.0M2bd · 2ba · 2,012 sqft
Lot 1 sqft•Single Family Residence•
Active
•6d on market•MLS# 8N-2609369

Property Description

A rare expanse of usable coastal land, with the space to create something exceptional. Set west of I-5 in Encinitas, just one block from the water, these two legal parcels encompass approximately 0.80 acres of flat, usable land with R3 zoning, an existing approximately 2,000 square foot residence, and an ADU. The combination of location, generous acreage, and flexibility offers compelling possibilities for a private estate, a multigenerational compound, or future development. For those envisioning a personal coastal retreat, the grounds offer room to explore a substantial main residence, an ADU and Junior ADU, a pool, landscaped gardens, an outdoor kitchen, and a pickleball court, subject to applicable approvals. Thoughtfully designed upper levels may capture western ocean views, while the expansive site provides space for privacy and outdoor living that is increasingly difficult to find this close to the coast. For a developer, the two legal parcels present the opportunity to explore two separate luxury residences, with any additional density or potential SB 9 strategy subject to City approval. The existing residence and ADU offer flexibility while future plans take shape, whether occupied, rented, or used during the planning and permitting process. The proposed La Costa pedestrian walkway further enhances access to Highway 101, nearby beaches, Alila Marea Beach Resort, and the restaurants, and boutiques that make this stretch of coastline so desirable. Whether the vision is a private estate surrounded by gardens, a coastal compound for generations to enjoy, or a collection of thoughtfully designed luxury homes, this property offers an extraordinary foundation: substantial usable land, two legal parcels, and a coveted Encinitas location moments from the ocean. All utilities at the property (water, electrical, sewer)

Features & Amenities

FeeBuilt 1953

Property Details

Land Type
Fee
Year Built
1953
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
None
City
Encinitas
Zip Code
92024
County
San Diego
Listed byUnknown Office, Neda Nourani

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,226.18
Principal & Interest
Loan Amount
$3,200,000
Total Interest
$4,081,424
Total Payment Over 30 Years
$7,281,424
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

163 La Costa Avenue, Encinitas, CA 92024

Encinitas · Single Family Residence

$4.0M
Luxury Tier
Beds
2
Baths
2
Sqft
2,012
Lot
34,848 sqft
Year
1953
$/Sqft
$1988
Pool: No✓
Spa: No✓
View: water✓
Garage: 2-car✓

Listed 125.4% above the median closed sale of $1,775,000. Price per sqft ($1,988) is a 88% premium to closed comps ($1,057). Closed comps sold at 105% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.00M· $1,988/sqft
Total list price
Closed comps
vs closed median $1.77M
+$2.23M (+125.4%)
Active comps
vs active median $1.85M
+$2.15M (+116.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,229
+$759 (+61.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5871 Camino El DoradoEncinitas1960331,86621,780$938$1.75M5267
735 Cornish DriveEncinitas1947312,15021,027$1,814$3.90M10865
2115 Encinitas BoulevardEncinitas1976321,62323,522$1,140$1.85M4563
890 Passiflora AvenueEncinitas1960332,25714,810$1,327$3.00M5960
512 Tranquil CourtEncinitas1978331,9727,840$925$1.82M1957
Total: 5 · Average3.02.41,973.617,795.8$1,228.8$2.46M56.6
Median1,972$1.85M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
697 Ocean View AvenueEncinitas195309/15/2026321,67022,215$1.60M$1.60M$9581.005667
1136 Monterey PlaceEncinitas199805/27/2026331,7140$1.65M$1.75M$1,0211.062761
818 Crest DriveEncinitas197406/26/2026321,93510,454$1.70M$1.77M$9171.043460
742 Doris DriveEncinitas197408/14/2026321,63310,890$1.70M$1.80M$1,1021.063657
1358 Blue Heron AvenueEncinitas198607/09/2026321,8248,714$2.20M$2.35M$1,2881.073057
Total: 5 · Average3.02.21,755.213,068.25$1.85M$1.85M$1,057.2—36.6
Median1,714$1.77M$1.77M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.