$2,395,000
PENDING OPEN SUN 1PM - 4PM $54K PRICE DROP

121 Cadmus St Encinitas, CA 92024

Estimated payment $15,391/month

Total Views 1,850
3 Beds
2 Baths
1,036 Sq Ft
$2,312 Price per Sq Ft

Highlights

  • Heated Spa
  • Open Floorplan
  • Wood Flooring
  • Paul Ecke-Central Elementary Rated A
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

Island-Inspired Beach Living — Two Homes, Two Outdoor Retreats, Fully Furnished Experience the essence of coastal living with this rare fully furnished property featuring two separate homes, each with its own private outdoor retreat. Located west of Coast Highway in the heart of Leucadia, this tropical getaway blends laid-back island style with the charm of a classic beach cottage. As you stroll along the paver walkway, you're welcomed by a wood-front patio with custom architectural beams, setting the tone for this breezy escape. Step inside the main residence to find a light-filled, open-concept living space with beachy accents, vaulted ceilings, exposed wood beams, and luxury vinyl plank flooring—all enhancing the home’s tropical vibe. A combination of wood plank walls and ceilings, paired with island-style ceiling fans, creates a relaxed atmosphere that feels like a vacation every day. The spacious great room flows seamlessly into a recently remodeled kitchen featuring granite countertops, a tile mosaic backsplash, and a breakfast-style center island. Stainless steel appliances, including a five-burner gas cooktop, complement the coastal design. A garden-view window and glass back door offer sightlines to the lush backyard oasis. The home includes two generous bedrooms with vaulted ceilings and ceiling fans, plus a large loft with natural wood plank ceilings—perfect as a third bedroom, home office, or creative space. The updated bathroom showcases a walk-in shower, tile flooring, a modern vanity with sleek fixtures, and striking blue accent wall tiles. Step outside to a raised back patio with a custom open-air pergola, a storage shed, and an expansive paver entertaining area—ideal for gatherings. Tropical landscaping wraps around the property, with lush greenery, winding paver pathways, and plenty of space to relax and unwind. The home has been tastefully updated throughout, including windows, kitchen, appliances, and more. Privately tucked away on the lot, the detached guest house offers a charming 1-bedroom, 1-bath layout with its own separate entrance and living area. Features include modern sliding barn doors, recessed lighting, hardwood floors, a laundry area, and an open kitchenette—providing comfort and privacy for guests or extended family. Outside, enjoy a fully fenced yard with a spa, a custom island-style gazebo with wood beams and lighting, hardwood-style plank flooring, and a cozy fire pit—a true outdoor oasis. A two-car Keystone paver driveway completes the offering. This fully furnished property is all about lifestyle and location. Whether you're seeking a serene escape, a flexible multi-home setup, a potential short-term rental, or a dreamy surfside haven, this tropical beach retreat delivers it all. The exterior space truly makes you feel like you're on vacation every day. With incredible walkability to endless shops, eateries, and all that Leucadia has to offer—and just steps from Neptune Avenue, Beacons Beach, and Stone Steps Beach—this home captures the ultimate in coastal convenience and charm.

Listing Agent

Vincent Morris

Compass License #01860044 Listed on: 06/30/2025

Compass

Co-Listing Agent

Fawn Blakely

Compass License #02076660

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,963

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Loft
  • Storage
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Brick Driveway

Pool

  • Heated Spa
  • Above Ground Spa

Additional Features

  • Fire Pit
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Tract Number 1935
  • Assessor Parcel Number 2560822100
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,963

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R2 –minor multiple
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2560822100
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Living Area: 1036.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Open Floorplan, Storage
  • Stories: 1
  • Entry Location: Front entry level
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2311.78
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Above Ground, Heated

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Brick
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, Forced Air, Zoned
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Encinitas Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden
  • Lot Size: 5948 Square feet
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1400 Acres
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 001935

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $25,963 $2,397,000 $2,264,400 $132,600
2023 $24,344 $2,257,000 $2,132,000 $125,000
2022 $14,190 $1,298,513 $1,272,749 $25,764
2021 $13,979 $1,273,053 $1,247,794 $25,259
2020 $13,775 $1,260,000 $1,235,000 $25,000
2019 $9,614 $875,494 $817,137 $58,357
2018 $9,429 $858,328 $801,115 $57,213
2017 $9,263 $841,499 $785,407 $56,092
2016 $7,881 $720,617 $672,582 $48,035
2015 $7,743 $709,794 $662,480 $47,314
2014 $7,569 $695,891 $649,503 $46,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $2,395,000 -2.2% $2,312 / Sq Ft
06/30/2025 06/30/25 For Sale $2,449,000 +4.2% $2,364 / Sq Ft
09/06/2022 09/06/22 Sold $2,350,000 0.0% $2,268 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $2,350,000 +86.5% $2,268 / Sq Ft
12/16/2019 12/16/19 Sold $1,260,000 -4.9% $1,537 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $1,325,000 +60.6% $1,616 / Sq Ft
06/28/2016 06/28/16 Sold $825,000 -10.8% $1,006 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $924,989 0.0% $1,128 / Sq Ft
12/09/2015 12/09/15 Price Changed $925,000 -21.5% $1,128 / Sq Ft
10/11/2015 10/11/15 For Sale $1,178,888 -- $1,438 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,350,000 First American Title
Grant Deed $1,260,000 Ticor Title Company
Interfamily Deed Transfer -- Fidelity National Title San
Interfamily Deed Transfer -- Fidelity National Title San
Interfamily Deed Transfer -- None Available
Grant Deed $825,000 Fidelity National Title
Grant Deed $600,000 New Century Title Company
Interfamily Deed Transfer -- --
Grant Deed $195,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,725,750 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $595,900 Negative Amortization
Previous Owner $100,000 Credit Line Revolving
Previous Owner $480,000 Stand Alone First
Previous Owner $175,400 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2506219

California Regional Multiple Listing Service (CRMLS)

APN: 256-082-21