697 Ocean View Avenue

Encinitas, CA 92024

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.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.