1629-1631 Neptune Avenue

Encinitas, CA 92024

$5,750,000
Price
Beds
3,840 Sq. Ft.
$1,497 / Sq. Ft.
3,840
Sq. Ft.
$1,497
per Sq. Ft.

Description

300 FEET FROM THE OCEAN A very rare opportunity to own one of the most unique properties on Neptune Ave in Encinitas just 1 block from the Grandview Beach entrance. Grandview Lofts (GVL) is a resort-like complex of 2 homes on one large and quiet 6007 SF trophy lot just a short walk to the beach. Being sold together, GVL is 2 addresses and 2 levels – both with spectacular ocean views, spacious sun decks, and open concept living. GVL has 3840 SF of total living space plus a large private back yard...300 FEET FROM THE OCEAN A very rare opportunity to own one of the most unique properties on Neptune Ave in Encinitas just 1 block from the Grandview Beach entrance. Grandview Lofts (GVL) is a resort-like complex of 2 homes on one large and quiet 6007 SF trophy lot just a short walk to the beach. Being sold together, GVL is 2 addresses and 2 levels – both with spectacular ocean views, spacious sun decks, and open concept living. GVL has 3840 SF of total living space plus a large private back yard with outdoor room & kitchen. The entire property is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each home, you are greeted with large ocean views and an open concept kitchen, living room, and dining area for entertaining. Ocean views, sea breezes, sounds of waves, and natural light are ever-present throughout. Each home has a dedicated sundeck to enjoy the majestic ocean and breathtaking sunsets. All the bedrooms are sizable, bright, airy, and quiet – and all the bathrooms and walk-in showers are quality appointed. There are 3 enclosed garages along with plenty of on-site parking – perfect for extended family, visitors, or tenants. A 2017 remodel addressed soundproofing, quality appliances, A/C, networking, landscape, hardscape, and much more. In addition, each home has its own income opportunity (a built-in 600 SF apartment w/private entrance) and the GVL complex has a 5-year history operating as 4 rentable units (3 short term, 1 long term). Every inch of this sensational property has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound and instant income opportunity, or both. Enjoy Leucadia's amazing lifestyle and walk to top restaurants, coffee shops, hipster bars, and spectacular beaches. This is truly a coastal sanctuary. With a prime location AND income opportunity - this property is as unique as it is desirable - don't miss out on this rare opportunity to secure your perfect family beach compound!
  1. Listed by Stephen Scola • DRE #00623032 • Brokerage DRE #00623032 • The Scola Company • scolacompany@yahoo.com

Property Details for 1629-1631 Neptune Avenue

Architectural Style
Modern
View
Ocean
Parking Spaces Total
3
Private Pool
No
Cooling Type
Electric, Gas
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of The Scola Company, Stephen Scola, DRE #00623032
Add your commute
LISTING UPDATED: 04/08/2024 08:20 AM

Property Details for 1629-1631 Neptune Avenue

StatusActive
MLS #NDP2400344
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Condominium
Year Built1978
CountySan Diego County

Location

Listing Courtesy of The Scola Company, Stephen Scola, DRE #00623032
Add your commute

Building Information for 1629-1631 Neptune Avenue

Building/ComplexOcean Song CondominiumFloor-Stories2Residences-Pet Policy-Year Built1978Building Size-

Payment Calculator

$31,380 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,380

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1629-1631 Neptune Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Cap Rate: 0.0
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 19258
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Street Lights
  • Complex Name: Ocean Song Condominium
  • Association Name: Ocean Song Condominium
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Inside, Stackable
Exterior Features
  • Construction Materials: Block, Concrete, Drywall Walls, Frame, Stucco
  • Exterior Construction: Block, Concrete, Frame, Stucco
  • Entry Location: Street
  • Fence: No
  • View Description: Ocean
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Additional Parcels Description: 2540220202 is parcel number for 1631 Neptune Ave, Encinitas CA 92024
  • Lot Features: Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: No
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1629-1631 Neptune Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1629-1631 Neptune Avenue

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Paul Ecke-Central Elementary School
PublicK to 6

Diegueno Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

Sunset High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1629-1631 Neptune Avenue is a multi-family home for sale in Encinitas, CA 92024. This property was listed for sale on January 12, 2024 by The Scola Company, it's currently listed at $5,750,000. This listing's school districts are Encinitas Union Elementary School District, San Dieguito Union High School District. Nearby schools include Paul Ecke-Central Elementary School, Diegueno Middle School and La Costa Canyon High School. 1629-1631 Neptune Avenue is a 0-bed, 0-bath, 3,840 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Scola Company, Stephen Scola, DRE #00623032

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