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1629 1631 Neptune Avenue Encinitas, CA $ 5,750,000
1629 1631 Neptune Avenue
$ 5,750,000
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1629 1631 Neptune Avenue

Encinitas, CA, 92024
$ 5,750,000
Baths0.0 Sq 3,840

Monthly Estimate*

$ 35,873

Listed by The Scola Company
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Studio

Multi-Family Home for sale in Encinitas, CA

for $5,750,000. This 3,840 square foot home was built in 1978 on a lot size of 0.1379.

300 FEET FROM THE OCEAN A very rare opportunity to own one of the most unique properties on Neptune Ave in Encinitas just 1 block from the Grandview Beach entrance. Grandview Lofts (GVL) is a resort-like complex of 2 homes on one large and quiet 6007 SF trophy lot just a short walk to the beach. Being sold together, GVL is 2 addresses and 2 levels – both with spectacular ocean views, spacious sun decks, and open concept living. GVL has 3840 SF of total living space plus a large private back yard with outdoor room & kitchen. The entire property is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each home, you are greeted with large ocean views and an open concept kitchen, living room, and dining area for entertaining. Ocean views, sea breezes, sounds of waves, and natural light are ever-present throughout. Each home has a dedicated sundeck to enjoy the majestic ocean and breathtaking sunsets. All the bedrooms are sizable, bright, airy, and quiet – and all the bathrooms and walk-in showers are quality appointed. There are 3 enclosed garages along with plenty of on-site parking – perfect for extended family, visitors, or tenants. A 2017 remodel addressed soundproofing, quality appliances, A/C, networking, landscape, hardscape, and much more. In addition, each home has its own income opportunity (a built-in 600 SF apartment w/private entrance) and the GVL complex has a 5-year history operating as 4 rentable units (3 short term, 1 long term). Every inch of this sensational property has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound and instant income opportunity, or both. Enjoy Leucadia's amazing lifestyle and walk to top restaurants, coffee shops, hipster bars, and spectacular beaches. This is truly a coastal sanctuary. With a prime location AND income opportunity - this property is as unique as it is desirable - don't miss out on this rare opportunity to secure your perfect family beach compound!

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Multi-Family Active

Price

$ 5,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1379

Year Built

1978

Town/City

Encinitas

County/Region

San Diego

MLS | Web ID

NDP2400344

Days on Market

641

Features
General
Sewer Public Sewer
Cooling Electric Gas
Zoning RESIDENTIAL
HOA Fee 0
Garage Spaces 3
Architectural Style Modern
Pool Features None
Construction Materials Block Drywall Frame Concrete Stucco
Year Built 1978
View Ocean
Stories Count 2
Levels Two
Property Subtype Condominium
Gross Income 0
Community Features Street Lights
Additional Parcels Description 2540220202 is parcel number for 1631 Neptune Ave Encinitas CA 92024
County San Diego
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction 0
Property Type Residential Income
HOA 1
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions From 101 go West on Avocado then North on Neptune. Property on corner of Gransdview and Neptune Ave. 1629-31 Neptune Ave.
City Encinitas
Association Name Ocean Song Condominium
Entry Location Street
Senior Community Y/N 0
Number Of Units Total 2
MLS Area 92024 - Encinitas
Lot Size Units Square Feet
Lot Size Square Feet 6007
Listing Terms Conventional
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 1
Rent Control Y/N 0
Virtual Tour https://www.dropbox.com/scl/fi/v0vkf5syrx1flon5k4td3/1629A-B.mp4?rlkey=tx119zmjvtv9got50szd2mad3&dl=0
Building Area Units Square Feet
Standard Status Active
Tax Lot 1
Property Sub Type Additional Condominium
Taxes 0
Cap Rate 0
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 0
Fireplace Y/N 0
Laundry Features Common Area Inside Stacked
Entry Level 1
Total Baths 0
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Exterior
Lot Features Yard
Water Source Public
Total Parking 3
Lot Size Area 6007
Number of Buildings 1
Spa 0
Building Area Total 3840
Lot Dimensions Lot Dimensions - 50'X120' 6007 square feet (0.1379 acres)
Lot Size Acres 0.1379
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
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* Excluded Features
List By
The Scola Company

Broker

scolacompany@yahoo.com

Email

Affordability Calculator

$35,873
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Monthly Principal & Interest
$35,873
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$5,750,000 Listed Price

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1629 1631 Neptune Avenue, Encinitas, CA, 92024 is a Multi-Family Home for sale at $5,750,000 with 3,840 sqft and a lot size of 0.1379. 1629 1631 Neptune Avenue is a studio with 0.0 baths and was built in 1978. The property's zip code is 92024 which is in Encinitas, CA