Seller's Agent in 2025
Kyle Murphy
Coldwell Banker Realty
(760) 420-6581
19 in this area
119 Total Sales
1048 Neptune Ave Encinitas, CA 92024
Leucadia NeighborhoodEstimated Value: $654,000 - $2,921,028
3
Beds
3.5
Baths
3,421
Sq Ft
$468/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Waterfront
- No HOA
- Paul Ecke-Central Elementary Rated A
- Fireplace in Primary Bedroom
- 2-minute walk to Leucadia State Beach
About This Home
As of June 2025First time on the market, here is your opportunity to enjoy endless panoramic ocean views, beautiful sunsets, nice ocean breezes, and daily dolphin shows from the comfort of your living room. This spectacular home was designed, built, and has been lovingly cared for by legendary surfer and waterman Kit Horn and his wife Gwen. Kit, known for being a big wave surfing pioneer in California and Hawaii, chose this place to call home and raise his family. Gwen designed this unique “New England Cape Cod Style” ocean front home, which has private stairs down a gently sloping bluff to the beach. Nearly a quarter acre, this property offers 50 feet of beach frontage. The main level of the home is highlighted by an oversized great room with breathtaking ocean views on one side and a beautiful rock fireplace on the other flanked by wood bookshelves. There is an additional fireplace located in the kitchen/breakfast eating area. The expansive primary bedroom that measures 40’ x 16’ offers a fireplace, wood ceiling that peaks at 13’ high, and multiple sliders leading to your expansive deck looking west. The second floor also included a large primary bath and secondary bedroom. The wood ceilings and skylights add to this distinctive home. Included with this home is an oversize additional unit with a fireplace, full kitchen, and tall wood ceiling. Both units are under the same roof so this could be reconfigured easily to join the main house. This beautiful home is positioned over looking the Beacons “North Reef” surf break and is near the vibrant 101 Corridor with numerous outstanding restaurants, pubs, and eclectic shops. You’ll enjoy long strolls on the sand, surfing fun waves, and countless sunsets. Living here makes you never want to leave home.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #01847767 Listed on: 05/07/2024
Co-Listed By
Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #00887068
Home Details
Home Type
- Single Family
Year Built
- Built in 1974
Lot Details
- 9,233 Sq Ft Lot
- Waterfront
- Property is zoned R11
Parking
- 3 Car Attached Garage
- Parking Available
- Single Garage Door
- Driveway
Property Views
- White Water Ocean
- Coastline
- Panoramic
- Bluff
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,421 Sq Ft Home
- 2-Story Property
- Formal Entry
- Living Room with Fireplace
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Fireplace in Guest House
- No Heating
Listing and Financial Details
- Tax Tract Number 1859
- Assessor Parcel Number 2542912300
Community Details
Overview
- No Home Owners Association
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
May 9, 2025
Sold by
Horn Living Trust and Foreman Pamela Anne
Bought by
Brem Monte
Seller's Agent
Kyle Murphy
Coldwell Banker Realty
Buyer's Agent
Kara Brem
Windermere Real Estate
List Price
$8,999,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,499,000
-27.77%
Views
245
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,899,324
Avg. Annual Appreciation
-94.27%
Original Mortgage
$4,550,000
Outstanding Balance
$4,521,150
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
-$2,920,474
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brem Monte | $6,500,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brem Monte | $4,550,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Sold | $6,500,000 | -7.1% | $1,900 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/24/2025 04/24/25 | Price Changed | $6,995,000 | -7.4% | $2,045 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $7,550,000 | -3.8% | $2,207 / Sq Ft |
| 05/31/2024 05/31/24 | Price Changed | $7,850,000 | -12.8% | $2,295 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $8,999,000 | -- | $2,631 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,523 | $330,415 | $92,382 | $238,033 |
| 2024 | $4,523 | $323,937 | $90,571 | $233,366 |
| 2023 | $4,322 | $317,587 | $88,796 | $228,791 |
| 2022 | $4,167 | $311,360 | $87,055 | $224,305 |
| 2021 | $4,047 | $305,256 | $85,349 | $219,907 |
| 2020 | $3,937 | $302,127 | $84,474 | $217,653 |
| 2019 | $3,869 | $296,204 | $82,818 | $213,386 |
| 2018 | $3,804 | $290,397 | $81,195 | $209,202 |
| 2017 | $191 | $284,703 | $79,603 | $205,100 |
| 2016 | $3,645 | $279,122 | $78,043 | $201,079 |
| 2015 | $3,541 | $274,930 | $76,871 | $198,059 |
| 2014 | $3,427 | $269,546 | $75,366 | $194,180 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Murphy
-
Janet McCollough
Seller Co-Listing Agent in 2025
Janet McCollough
Coldwell Banker Realty
(760) 613-5263
15 in this area
75 Total Sales
-
Kara Brem
Buyer's Agent in 2025
Kara Brem
Windermere Real Estate
(831) 818-3050
3 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2403899
APN: 254-291-23
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 170 Diana St Unit 24
- 170 Diana St Unit 29
- 170 Diana St Unit 20
- 159 Diana St Unit 6
- 149 W Glaucus St Unit D
- 123 Jasper St Unit 12
- 155 W Jason St Unit 6
- 806 Hygeia Ave
- 674 Calypso Place
- 699 N Vulcan Ave Unit 133
- 699 N Vulcan Ave Unit 134
- 699 N Vulcan Ave Unit 17
- 699 N Vulcan Ave Unit SPC 135
- 699 N Vulcan Ave Unit SPC 113
- 699 N Vulcan Ave Unit 80
- 1524 N Coast Highway 101
- 1560 N Coast Highway 101
- 1549 N Vulcan Ave Unit 20
- 1549 N Vulcan Ave Unit 71
- 1549 N Vulcan Ave Unit 1
- 1054 Neptune Ave
- 1042 Neptune Ave
- 1060 Neptune Ave
- 1062 Neptune Ave Unit ID1048652P
- 1062 Neptune Ave
- 1062 Neptune Ave
- 1036 Neptune Ave
- 1055 Neptune Ave Unit 57
- 1064 Neptune Ave
- 1066 Neptune Ave
- 1030 Neptune Ave
- 1049 Neptune Ave Unit 51
- 1045 Neptune Ave
- 1070 Neptune Ave
- 1024 Neptune Ave
- 1024 Neptune Ave
- 1061 Neptune Ave
- 1078 Neptune Ave
- 1065 Neptune Ave
- 1016 Neptune Ave