
163 La Costa Avenue, Encinitas, CA 92024
163 La Costa Avenue, Encinitas, CA 92024
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Encinitas · Single Family Residence
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 5871 Camino El Dorado | Encinitas | 1960 | 3 | 3 | 1,866 | 21,780 | $938 | $1.75M | 52 | 67 |
| 735 Cornish Drive | Encinitas | 1947 | 3 | 1 | 2,150 | 21,027 | $1,814 | $3.90M | 108 | 65 |
| 2115 Encinitas Boulevard | Encinitas | 1976 | 3 | 2 | 1,623 | 23,522 | $1,140 | $1.85M | 45 | 63 |
| 890 Passiflora Avenue | Encinitas | 1960 | 3 | 3 | 2,257 | 14,810 | $1,327 | $3.00M | 59 | 60 |
| 512 Tranquil Court | Encinitas | 1978 | 3 | 3 | 1,972 | 7,840 | $925 | $1.82M | 19 | 57 |
| Total: 5 · Average | 3.0 | 2.4 | 1,973.6 | 17,795.8 | $1,228.8 | $2.46M | 56.6 | |||
| Median | 1,972 | $1.85M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 697 Ocean View Avenue | Encinitas | 1953 | 09/15/2026 | 3 | 2 | 1,670 | 22,215 | $1.60M | $1.60M | $958 | 1.00 | 56 | 67 |
| 1136 Monterey Place | Encinitas | 1998 | 05/27/2026 | 3 | 3 | 1,714 | 0 | $1.65M | $1.75M | $1,021 | 1.06 | 27 | 61 |
| 818 Crest Drive | Encinitas | 1974 | 06/26/2026 | 3 | 2 | 1,935 | 10,454 | $1.70M | $1.77M | $917 | 1.04 | 34 | 60 |
| 742 Doris Drive | Encinitas | 1974 | 08/14/2026 | 3 | 2 | 1,633 | 10,890 | $1.70M | $1.80M | $1,102 | 1.06 | 36 | 57 |
| 1358 Blue Heron Avenue | Encinitas | 1986 | 07/09/2026 | 3 | 2 | 1,824 | 8,714 | $2.20M | $2.35M | $1,288 | 1.07 | 30 | 57 |
| Total: 5 · Average | 3.0 | 2.2 | 1,755.2 | 13,068.25 | $1.85M | $1.85M | $1,057.2 | — | 36.6 | ||||
| Median | 1,714 | $1.77M | $1.77M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.