$2,385,000
SOLD MAR 24, 2025

1110 Molara Ln Encinitas, CA 92024

3 Beds
2.5 Baths
1,626 Sq Ft
2025 Built

Recently Sold

$1,467 Per Sq Ft

10% Below List Price

30 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Capri Elementary School Rated A
  • Solar Power System
  • Modern Architecture

About This Home

As of March 2025

Welcome to this gorgeous ocean view Fox Point Farms Leucadia detached home! Only 20 detached homes in the entire community, and only 6 of these with ocean views. This home was completed in 2025 and has a $100,000 premium lot, the largest floor plan with 3 bedrooms, 2 and 1/2 baths, with ocean views from the deck, peek-a-boo ocean views on the first floor, soaring ceilings throughout with beautiful modern wood beams, luxury vinyl plank floors, smart home features, and open living area to the kitchen. The family room has a gorgeous wall of la cantina doors that slide open to your spacious patio and entertaining area. The coastal modern kitchen has stone countertops and a large island for plenty of seating and has three outlets in the ceiling for a chandelier as well as extra lighting in the living room.  The beautifully finished coastal baths have upgraded glass shower doors, stone countertops and modern fixtures, and upgraded bath tiles/surrounds.  The primary suite has vaulted lofty ceilings with wood beams, tall glass sliders to a large deck with ocean views. The primary also has an ensuite bath with a walk-in closet with built-in upgraded California closets. The guest bedroom facing west also has deck access and a large glass slider with plenty of natural light. Sellers also paid for each bedroom to have California Closets, an outlet for a chandelier or fan with dimmers. The garage is detached and spacious with built-in storage, EV charger outlet and the home has owned solar. With ocean views, contemporary finishes, farmhouse-inspired (see sup) charm and spacious layout, it's perfect for relaxing or entertaining.  A rare find, Fox Point Farms offers a vibrant coastal living atmosphere. With Los Angeles just 95 miles north and San Diego 25 miles south, you're perfectly situated for both day trips and local adventures. This brand new construction community offers all the allure that Southern California has to offer. Fox Point Farms is thoughtfully designed as an inclusive environment that nurtures community through agriculture and localized experiences, encouraging residents to come together to eat, drink, nourish, and celebrate. At the heart of this artisan-crafted community lies the Fox Point Farm-to-Table concept, creating a unique atmosphere where every shared meal and connection enhances the lifestyle of its residents and with an exceptional lineup of amenities: Haven Farm + Table: Enjoy farm-to-table dining at the on-site, zero-waste restaurant. Harvest Market: Stock up on fresh, locally sourced produce right in your community. Fox Point Brewing Co.: Sip craft beer brewed with care, steps from your home. Heal Botanics: Relax and recharge with holistic, farm-sourced apothecary products. Hatch Gatherings: Join yoga sessions or other wellness classes in a serene glass greenhouse. Community Gardens: Grow your own produce or flowers and connect with neighbors. Two-Mile Scenic Trails: Stroll or jog through picturesque pathways surrounding the property. Community amenities include bocce court, pool, virtual golf, fitness center and social spaces. Gather with friends or neighbors for fun and connection. A lifestyle like no other, Fox Point Farms is more than just a place to live it's a place to thrive. Whether you're savoring fresh-brewed coffee from Fox Point Roasters, exploring local trails, or unwinding at one of the thoughtfully designed gathering spots, every moment here feels intentional and inspiring. Whether you're into surfing legendary waves, golfing on pristine courses, or taking leisurely strolls along the picturesque Edible Paseo, Fox Point Farms offers something for everyone. Enjoy easy access to nearby shopping at the Forum, Encinitas shopping center, Leucadia 101 beach shops and dining, beach access, world-class surfing, Encinitas Ranch Golf Course, the San Diego Botanic Garden and the lively Leucadia Farmers Market. This home and community are truly inspiring. Your new home awaits!

Last Agent to Sell the Property

Sharon McDonald

Compass License #01984934 Listed on: 02/07/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $741

Year Built

  • Built in 2025

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

HOA Fees

  • $484 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Modern Architecture
  • Cottage
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,626 Sq Ft Home
  • 2-Story Property
  • Awning
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Dining Area
  • Ocean Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Additional Features

  • Solar Power System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 254-612-17-03
  • $742 annual special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, gated community, clubhouse paid
  • Fox Point Farms Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$741

Year Built

Built in 2025

Lot Details

0

HOA Fees

$484 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Cottage, Modern
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Fox point Drive
  • Neighborhood: Fox Point Farms
  • Supplement: charm and spacious layout, it's perfect for relaxing or entertaining.  A rare find, Fox Point Farms offers a vibrant coastal living atmosphere. With Los Angeles just 95 miles north and San Diego 25 miles south, you're perfectly situated for both day trips and local adventures. This brand new construction community offers all the allure that Southern California has to offer. Fox Point Farms is thoughtfully designed as an inclusive environment that nurtures community through agriculture and localized experiences, encouraging residents to come together to eat, drink, nourish, and celebrate. At the heart of this artisan-crafted community lies the Fox Point Farm-to-Table concept, creating a unique atmosphere where every shared meal and connection enhances the lifestyle of its residents and with an exceptional lineup of amenities: Haven Farm + Table: Enjoy farm-to-table dining at the on-site, zero-waste restaurant. Harvest Market: Stock up on fresh, locally sourced produce right in your community. Fox Point Brewing Co.: Sip craft beer brewed with care, steps from your home. Heal Botanics: Relax and recharge with holistic, farm-sourced apothecary products. Hatch Gatherings: Join yoga sessions or other wellness classes in a serene glass greenhouse. Community Gardens: Grow your own produce or flowers and connect with neighbors. Two-Mile Scenic Trails: Stroll or jog through picturesque pathways surrounding the property. Community amenities include bocce court, pool, virtual golf, fitness center and social spaces. Gather with friends or neighbors for fun and connection. A lifestyle like no other, Fox Point Farms is more than just a place to live it's a place to thrive. Whether you're savoring fresh-brewed coffee from Fox Point Roasters, exploring local trails, or unwinding at one of the thoughtfully designed gathering spots, every moment here feels intentional and inspiring. Whether you're into surfing legendary waves, golfing on pristine courses, or taking leisurely strolls along the picturesque Edible Paseo, Fox Point Farms offers something for everyone. Enjoy easy access to nearby shopping at the Forum, Encinitas shopping center, Leucadia 101 beach shops and dining, beach access, world-class surfing, Encinitas Ranch Golf Course, the San Diego Botanic Garden and the lively Leucadia Farmers Market. This home and community are truly inspiring. Your new home awaits!
  • LP / Sq Ft: 1537.51
  • Price Per Sq Ft: 1466.79
  • SP/ Sq Ft: 1466.79
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2025
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Solar Panels, Gas Range
  • Searchable Rooms: Dining Area, Family Room, Great Room, Kitchen, Master Bedroom, All Bedrooms Up, Entry, Family Kitchen, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x14
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1626
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full, Gate, New Condition
  • Patio: Awning/Porch Covered, Balcony, Enclosed, Porch - Front
  • Pool: Community/Common
  • Roof: Asphalt, Shingle
  • View: Ocean
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Water Heater Type: Tankless
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas, Solar

Condo/Co-op/Association

  • Total Fees: 5808.0
  • Units In Building: 1
  • Property Management Company: SeaBreeze Management
  • Property Management Phone: (800) 232-75
  • Community: LEUCADIA
  • Complex Features: BBQ, Biking/Hiking Trails, Clubhouse/Rec Room, Exercise Room, Playground, Pool
  • Home Owner Association: Fox Point Farms
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 484.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: (800) 232-75

Fee Information

  • CFD Mello Roos Fee: 742.0
  • CFD Mello Roos Fee Reflects: Year
  • Total Monthly Fees: 546
  • CFD Mello Roos Fee Frequency: Semi-Annually

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 254-612-17-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Mar 13, 2025
Sold by
Sayed Shamroze and Rizvi Zehra
Bought by
Wicks Jeffery and Wicks Kristine
Seller's Agent
Sharon McDonald
Compass
List Price
$2,650,000
Sold Price
$2,385,000
Premium/Discount to List
-$265,000
-10%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.55%
Original Mortgage
$550,000
Outstanding Balance
$549,076
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,687,059

Purchase Details

Closed on
Jan 15, 2025
Sold by
Ali Yasmeen Imdad
Bought by
Ali Sayed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$549,076
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$1,687,059

Purchase Details

Closed on
Dec 5, 2024
Sold by
Shea Homes Limited Partnership
Bought by
Sayed Shamroze and Rizvi Zehra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,613,400
Interest Rate
6.69%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,385,000 Chicago Title
Grant Deed -- Chicago Title
Grant Deed -- Chicago Title
Grant Deed $2,017,000 Fidelity National Title
Grant Deed $2,017,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Previous Owner $1,613,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $2,385,000 -4.6% $1,467 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $2,499,999 -5.7% $1,538 / Sq Ft
02/07/2025 02/07/25 For Sale $2,650,000 -- $1,630 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $741 $38,906 $38,906 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250018461

San Diego MLS

APN: 254-612-17-03