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735 Cornish Drive, Encinitas, CA 92024

$3.9M3bd · 1ba · 2,150 sqft
Lot 21,027 sqft•Single Family Residence•
Active
•129d on market•MLS# 8N-2606166

Property Description

Perched atop a sprawling near half-acre double lot in the coveted Encinitas Highlands, this rare west-of-I-5 property offers the best of coastal living with flexibility, income potential, and room to grow. Just moments from Moonlight Beach, Viewpoint Park, the Coaster Station, Encinitas Library, and the vibrant shops, restaurants, and cafés of Downtown Encinitas, the location is truly hard to beat. The light-filled single-level main residence features three bedrooms, one bath, original hardwood floors, wood-beam ceilings, a cozy wood-burning fireplace, and an expansive deck overlooking the property's lush grounds. Thoughtful updates over the years have preserved the home's charm while enhancing everyday comfort. A detached office provides the perfect space for working from home, pursuing creative passions, or creating a private wellness retreat. Adding to the property's versatility is a separate studio space with its own entrance, kitchenette, and full bath, along with a detached Quonset Hut residence tucked toward the rear of the property, creating valuable rental income opportunities, guest accommodations, or flexible living arrangements. The expansive lot offers an increasingly rare sense of space and privacy in the heart of Encinitas, with room to entertain, garden, relax, and enjoy the coastal lifestyle. For those seeking future possibilities, the property also presents exceptional long-term upside, including plans for a lot split with a striking architectural residence on the second lot, designed to complement the site's unique setting and scale. Whether you're looking for a charming beach-close home, an income-producing investment, a multigenerational property, or a legacy homesite for the future, opportunities like this rarely come available in one of Encinitas' most sought-after neighborhoods.

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace, Fireplace(s)
Cooling
None
View
None
City
Encinitas
Zip Code
92024
County
San Diego
Listed bySwell Property, David J Miller

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$19,720.52
Principal & Interest
Loan Amount
$3,120,000
Total Interest
$3,979,388
Total Payment Over 30 Years
$7,099,388
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

735 Cornish Drive, Encinitas, CA 92024

Encinitas · Single Family Residence

$3.9M
Luxury Tier
Beds
3
Baths
1
Sqft
2,150
Lot
21,027 sqft
Year
1947
$/Sqft
$1814
Pool: No✓
Spa: No✓
View: None✓

Listed 5.4% above the median closed sale of $3,700,000. Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $3.90M· $1,814/sqft
Total list price
Closed comps
vs closed median $3.70M
+$200K (+5.4%)
Active comps
vs active median $4.00M
−$98K (−2.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,471
+$343 (+23.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27 E StreetEncinitas2013342,1484,356$1,629$3.50M664
1547 NeptuneEncinitas1956321,6796,098$2,055$3.45M15155
1477 Neptune AvenueEncinitas2001432,3828,238$1,816$4.33M18254
1144 HermesEncinitas1975543,9639,100$1,009$4.00M4142
1341 Berryman Canyon RoadEncinitas2026555,06430,927$848$4.29M3239
Total: 5 · Average4.03.63,047.211,743.8$1,471.4$3.91M82.4
Median2,382$4.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
145 5Th StreetEncinitas196309/15/2026311,2255,663$3.70M$3.70M$3,0201.00069
1068 Passiflora AvenueEncinitas197504/07/2026432,45019,400$2.95M$3.50M$1,4291.194867
1777 Haydn DriveCardiff by the Sea198805/22/2026342,2576,970$4.00M$4.08M$1,8051.023266
614 Ocean View AvenueEncinitas201405/26/2026453,94722,216$4.60M$4.10M$1,0390.8919659
1025 Arden DriveEncinitas199012/16/2025331,4468,400$3.50M$3.50M$2,4201.00059
Total: 5 · Average3.43.22,26512,529.8$3.77M$3.77M$1,942.6—55.2
Median2,257$3.70M$3.70M

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.