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$4,000,000

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 collectio 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)

2 Beds ⋅ 2 Baths ⋅ NDP2609369 MLS ⋅ ACTIVE Status

163 La Costa Ave, Encinitas

$4,995,000

Situated on the󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia. Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.

3 Beds ⋅ 2 Baths ⋅ NDP2607186 MLS ⋅ ACTIVE Status

534 Ocean View Ave, Encinitas

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