697 Ocean View Avenue, Encinitas, CA 92024

• 4 beds |
• 3 baths |
• 1,622 sqft

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.

Listing Status:

Active

Listing Office:

Windermere Real Estate : 760-321-0883

Listing Agent:

Kara Brem : 831-818-3050

MLS ID:

NDP2510658

Interior

• Appliances: DishwasherDryerWasher
• Flooring: Wood
• A/C: N/K
• Heating: Other/Remarks

Exterior

• General: Guest House
• Other Structures: Guest House
• Pool: N/K
• Parking: Parking spaces: 9

Construction

• Roofing: Composition
• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRP
• School District: San Dieguito High School Distric
• County: San Diego

Lot

• Zoning: Residentia2561213200
• View: Other/Remarks

Financial

• Source: CRP

This listing courtesy of Kara Brem, Windermere Real Estate