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1547 Neptune, Encinitas, CA 92024

$3.45M3bd · 2ba · 1,679 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•153d on market•MLS# PW-26117609

Property Description

First time on the market in over 60 years! This classic Leucadia beach house is ideally situated on the coveted north end of Neptune Avenue, one of the area's most iconic and desirable coastal streets, just two blocks from public beach staircase access. Set on a spacious 6,098-square-foot lot, the property offers a rare opportunity to create a dream coastal estate. The rear half of the lot remains largely unimproved, providing ample space for expansion or new construction offering spectacular ocean views, while preserving the charm and character of the original 1950s beach cottage. The existing home features ocean views from both the lower and upper levels, authentic knotty pine walls, ceilings, kitchen cabinets that capture the essence of vintage California beach living. The upstairs primary suite opens to a private deck with breathtaking ocean views. Recent interior and exterior painting enhances the home's appeal, making it ready to enjoy today while offering endless possibilities for the future.

Features & Amenities

FeeBuilt 1956

Property Details

Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
0
Heating
Wall Furnace, Fireplace(s)
Cooling
None
View
Ocean
Flooring
Vinyl, Laminate, Tile
Roof
Composition
City
Encinitas
Zip Code
92024
County
San Diego
Listed bySR White and Associates, Steven White

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$17,445.08
Principal & Interest
Loan Amount
$2,760,000
Total Interest
$3,520,228
Total Payment Over 30 Years
$6,280,228
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1547 Neptune, Encinitas, CA 92024

Encinitas · Single Family Residence

$3.45M
Luxury Tier
Beds
3
Baths
2
Sqft
1,679
Lot
6,098 sqft
Year
1956
$/Sqft
$2055
Pool: No✓
Spa: No✓
View: water✓

Listed in line with the median closed sale of $3,500,000. Price per sqft ($2,055) is a 58% premium to closed comps ($1,304). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $3.45M· $2,055/sqft
Total list price
Closed comps
vs closed median $3.50M
−$50K (−1.4%)
Active comps
vs active median $3.40M
+$50K (+1.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,387
+$668 (+48.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1815 Parliament Rd.Encinitas1974331,9442,427$1,541$3.00M6168
890 Passiflora AvenueEncinitas1960332,25714,810$1,327$3.00M7948
27 E StreetEncinitas2013342,1484,356$1,629$3.50M646
735 Cornish DriveEncinitas1947312,15021,027$1,814$3.90M12843
7104 Aviara DriveCarlsbad2002565,46910,187$622$3.40M6828
Total: 5 · Average3.43.42,793.610,561.4$1,386.6$3.36M68.4
Median2,150$3.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
195 Grandview StEncinitas197707/10/2026332,1017,001$3.50M$3.67M$1,7491.052175
799 Hygeia AvenueEncinitas200610/19/2026443,0126,098$3.40M$3.50M$1,1621.034268
162 JUPITER StreetEncinitas201504/06/2026342,6708,023$3.90M$3.90M$1,4611.003963
279 Hillcrest DriveEncinitas198609/18/2026432,98310,644$3.30M$3.20M$1,0720.972952
1938 Sheridan RoadEncinitas201106/15/2026443,23613,504$3.50M$3.48M$1,0750.997641
Total: 5 · Average3.63.62,800.49,054$3.55M$3.55M$1,303.8—41.4
Median2,983$3.50M$3.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.