41
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$2,200,000
Est. payment /mo
0.51 Acres Lot
New
697 Ocean View Avenue Encinitas, CA 92024
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2600318
Lot Size 0.510 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Contractor or Development Opportunity! Located west of I-5 in beautiful Leucadia, this half-acre property offers exceptional potential in a prime location. Create your ideal coastal compound, maximize income potential or build your dream home by the beach. The SB9 (Home Act) may allow two single-family homes and lot to be split into two parcels. The light and bright 2/1, 1020 sq ft main residence is surrounded by a spacious deck and inviting outdoor patio with built-in fireplace, perfect for relaxing or entertaining. The two ADUs on the property include a 650 sq ft 1/1 ADU and a 270 sqft converted 1/1 garage with loft. The property includes raised garden beds, avocado, pomegranate and citrus trees and solar. Located near the vibrant downtown Leucadia corridor where new improvements include additional roundabouts, off-street parking, and planned underpasses for improved beach access. Walking distance to gorgeous beaches, the Coaster, Farmers Market, Orpheus dog park and 1.5 miles to Encinitas Ranch Golf Course. Property was recently appraised at $2,450,000! This is the opportunity you have been waiting for.
Location
State CA
County San Diego
Zoning Assessor
Direction I-5 to Leucadia Blvd exit. Turn left on Orpheus and left on La Puebla. Property is at stop sign on east side of Ocean View.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2561213200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://listings.remainstreetmedia.com/view/?s=2601735&nohit=1
Listed by Kara Brem Windermere Real Estate