614 Ocean View Avenue Encinitas, CA $ 4,599,000
614 Ocean View Avenue
$ 4,599,000
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614 Ocean View Avenue

Encinitas, CA, 92024
$ 4,599,000
Baths0.0 Sq 3,947

Monthly Estimate*

$ 28,317

Listed by Compass
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Studio

Multi-Family Home for sale in Encinitas, CA

for $4,599,000. This 3,947 square foot home was built in 2014 on a lot size of 0.51.

LOCATION, LOCATION, LOCATION! Look no further in your search for a luxury lifestyle west of the 5 in the wonderful beach community of Encinitas. Welcome to the extraordinary property that is 614 Ocean View Avenue, an exquisite residence, boasting a generous lot zoned R3 and a rare canvas for an elegant, sophisticated living and enhancement opportunity. This beautiful property offers an open floor plan containing panoramic ocean views, two oversized private decks, a large modern kitchen with leathered granite counters and a cook island, dining and siting area, primary bedroom and bathroom including a stand alone tub, not to mention two additional generously sized ensuite bedrooms and bathrooms. The existing home no doubt provides refined luxury, and as a bonus, the property includes an income-generating Junior Suite ADU with private entrance. And calling all car enthusiasts, there is an attached 3 car garage plus two additional smaller garages opened up to an expansive driveway. All this paired with a substantial land component unlocks unparalleled potential. Envision the possibilities for a second primary residence as a stand alone masterpiece. This lot offers great potential for an accessory unit, allowing the discerning buyer to retain a private sanctuary, or find value through additional income. To reiterate, the R3 zoning bestows exceptional flexibility, and potential permits granting the creation of multiple primary residences on this expansive parcel. For the owner, this translates to the ability to preserve the current estate as a personal retreat, or expand the income-generating haven by developing and marketing a second home independently. A truly rare proposition that elevates the property beyond conventional luxury offerings, delivering both immediate lifestyle refinement and profound long-term equity potential in this sought-after locale. At the heart of this distinguished offering lies the land’s inherent prestige and versatility. The live-in luxury gives way to the buyer turning their vacation into an every day lifestyle. The property’s true worth is amplified by its development prospects, affording the opportunity to design and sell a separate, stand alone residence while maintaining the original home’s grace. This configuration represents a sophisticated investment in legacy living, where architectural vision meets exceptional return in one of California’s most exclusive markets, in one of California’s most sought after neighborhoods. WELCOME HOME!

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Multi-Family Active

Price

$ 4,599,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.51

Year Built

2014

Town/City

Encinitas

County/Region

San Diego

MLS | Web ID

NDP2602826

Days on Market

172

Features
General
Cooling Central Air
Zoning R3
HOA Fee 0
Garage Spaces 3
Architectural Style Patio Home
Pool Features None
Year Built 2014
Gross Income 60000
Community Features Rural Park
County San Diego
Net Operating Income 0
Operating Expense 0
Insurance Expense 1000
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Leucadia Blvd to Puebla to Ocean View Ave
City Encinitas
Entry Location 2
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92024 - Encinitas
Lot Size Units Square Feet
Lot Size Square Feet 22216
Listing Terms Cash Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1200
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Rent Control Y/N false
Virtual Tour https://tours.linovaphotography.com/2300911?idx=1
Standard Status Active
Tax Lot 1008
Taxes 10
Cap Rate 12
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Interior
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Laundry Features Laundry Room
Entry Level 1
Total Baths 0
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Exterior
Lot Features Back Yard Front Yard Garden Landscaped Near Park Near Public Transit Value In Land Yard
Total Parking 3
Lot Size Area 22216
Number of Buildings 1
Spa false
Building Area Total 3947
Lot Size Acres 0.51
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Compass

Broker

wendy.denny@compass.com

Email

Affordability Calculator

$28,317
Per Month
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Monthly Principal & Interest
$28,317
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Default based on a 30-year fixed rate of 6.25% 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
3/25/2026$4,599,000 Listed Price

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614 Ocean View Avenue, Encinitas, CA, 92024 is a Multi-Family Home for sale at $4,599,000 with 3,947 sqft and a lot size of 0.51. 614 Ocean View Avenue is a studio with 0.0 baths and was built in 2014. The property's zip code is 92024 which is in Encinitas, CA