Listed: 1631 Neptune, Encinitas, CA 92024. 6-bedroom 6-bath, 1978 Encinitas $5,799,000 begin new search
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Overview

Welcome to 1629-1631 Neptune Ave, a remarkable turn-key ocean view duplex that offers the epitome of coastal lifestyle, combined with an excellent investment opportunity. Please dive into the 3D matter port VIRTUAL TOUR to experience the exceptional layout! Video Tour also available! 2 properties with 2 distinct APN's being sold together. Price is for both units. This unique property offers potential owners the rare chance to own a piece of the coveted ocean view lifestyle, with the added advantage of a versatile living arrangement, cashflow and equity upside. All furniture and personal property convey! Each unit in the duplex is a gem in its own right, featuring a primary living space with ocean views, alongside a junior units with separate entry. The junior units can flow seamlessly with primary units or can be closed off to cater to a variety of living situations. Whether you're looking to establish a multi-generational family compound, occupy one unit while renting the others, or capitalize on both for a mix of rental income and Neptune equity appreciation, this property does it all with unmatched flexibility. The views from 1629-1631 Neptune Ave are nothing short of spectacular, offering residents a stunning panorama of the ocean's majesty. The property sits merely steps away from Grandview Beach, making it a haven for beach and ocean lovers. The bustling Neptune Avenue presents a delightful tableau of everyday coastal life that becomes a source of entertainment in itself. The avenue buzzes with an eclectic mix of people, from joggers and dog walkers to cyclists and surfers, creating a vibrant, lively atmosphere that embodies the essence of beachside community living. Each unit in the duplex is exceptionally appointed, boasting high-quality finishes and furnishings throughout, and each comes with it's own washer dryer. There is a large separate laundry and storage room as well. Currently utilized as a vacation rental business, this property comes with a proven track record of profitability, with all financials ready to be presented to potential buyers, and future cash flow already booked! All personal property conveys to the new owner, and presents a truly unique, turn-key business opportunity. The level of care and attention is exceptionally rare and ensures that the transition to new ownership will be as seamless as possible, allowing you to enjoying the property and/or generate income immediately. Weather it will be you or your guests, 1629-1631 Neptune Ave offers experiences where the beauty of nature meets the comfort of luxury living. It's an invitation to wake up every day to breathtaking ocean views, to stroll mere steps to the sand, and to be a part of a vibrant community that appreciates the outdoors and all it has to offer. This property is a rare find; an amazing investment opportunity coupled with a lifestyle choice that promises endless possibilities.

Address 1631 Neptune

Encinitas, CA 92024
Listing Status Active
Asking Price $5,799,000
Original Listing $5,799,000 @ 2024-05-16
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee None Listed
HOA Fee $0
HOA Amenities Other
HOA Features Golf, Biking, Fishing, Watersports
Rooms
Family Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, Two Primaries
Square Footage Not Disclosed
Flooring Tile
Bedrooms 6
Full Bathrooms 6
Location
Directions Neptune north and park just before Grandview. Please don't park in front of neighbor's houses. Plenty of parking out front.
Market Area 92024 - Encinitas
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 2540220201
Zoning R-11
Geographic Areas

Community College District: Mira Costa CC

High School: Canyon Crest Academy

High School: La Costa Canyon

High School: San Dieguito Academy

Middle School: Diegueno MS

School District: Encinitas SD

Zip Code: 92024

Highway Locator

West of I-15

West of I-5

South of SR-78

Ocean Distance 0.1 miles
Features
Year Built 1978
Laundry Location Dryer Included,Individual Room,See Remarks,Washer Included
Elevator Not Listed
Cooling Zoned
Heating
Fireplaces None (0)
Additional Parcels Yes
Additional Parcels Description 2540220202
Appliances No
Assessments Yes
Association Yes
Attached Garage Yes
Common Walls No Common Walls
Cooling Yes
Direction Faces West
Entry Location 2
Heating No
High School District San Dieguito Union
Land Lease No
Laundry Yes
Levels Multi/Split
Living Area Source Public Records
Living Area Units Square Feet
Lot Features 11-15 Units/Acre, Near Public Transit, Yard
Lot Size Source Public Records
Lot Size Units Square Feet
Main Level Bathrooms 3
Main Level Bedrooms 3
Parking Yes
Pool Private No
Property Attached No
Sprinklers No
Tax Model
View Yes
Monthly Payment Calculator
Listing Source
Platform CRMLS
AOR North San Diego County
MLS Number NDP2404221
Courtesy of Swell Property, The Scola Company
Listing Agent Peter Antinucci & Stephen Scola
Exterior
Style Duplex
Material Not Listed
Lot Size 6007 ~ 6,007 sf
Fencing Not Listed
Topography Not Listed
Entry Steps 2
Swimming Pool None
Exclusive Yard 0
Parking
Garage
Total Spaces: 7.00
Garage Spaces: 3.00
Non-Garage Spaces: 0 - 4.00
View Ocean