NOT LISTED FOR SALE

Estimated Value: $7,169,242 - $8,781,000

4 Beds
4 Baths
2,668 Sq Ft
$2,922/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $7,705,000 $2,888 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $47,693/month

6 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Paul Ecke-Central Elementary Rated A
  • Property has ocean access
  • 5-minute walk to Leucadia State Beach

About This Home

As of May 2022

San Diego Oceanfront Luxury at its Finest! Lovingly crafted over 5 years, the sellers worked tirelessly with architects, engineers, Coastal Commission and the City of Encinitas, to properly complete this full home rebuild with all necessary permits and approvals. The home was fully redesigned both inside and out, to maximize on the rarity of complete show-stopping panoramic ocean views. Perched high on the bluff of the coveted Neptune Avenue, this stunning mid-century modern inspired home, was thoughtfully built for luxury, comfort, and sustainability — intended to last generations. Careful research went into choosing each and every material, with the intent to be low maintenance and endure the challenging elements that can come with coastal living. On the exterior, you will find marine-grade outdoor lighting fixtures, galvanized then powder coated exterior railing, and cinder block fencing topped with Fiberon composite board. Modern metal roofing that was extended to wrap the fascia with the eaves protected by Boral TruExterior boards. Exterior walls are a mixture of stucco and Hardie cement board siding. The interior was meticulously curated with durable Porcelanosa tile flooring, handmade Fireclay Tile accents, custom Rift-Cut White Oak cabinetry and accents, Dekton and quartz countertops, solid brass lighting fixtures from Cedar & Moss, and luxury solid constructed Kohler fixtures. From fully equipped kitchen, enjoy a bottle of wine from the built-in Thermador Wine Fridge, while sitting at the oversized kitchen island booth or slide the glass doors open to access the viewing deck that’s perfect for hosting Happy Hour while watching the sunset over the Pacific. On cool nights, curl up to the Flare Fireplace and relax while listening to the waves crash on the shoreline. As you retire from the long day of sun and surf, step onto the heated tile floors toward the large soaking tub and unwind. Take full advantage of San Diego's beautiful weather and outdoor activities with a three minute walk to Beacon's Beach or stroll down the hill to explore the shopping and amazing restaurants on Coast Hwy.

Last Agent to Sell the Property

Sara Morse

eXp Realty of California, Inc. License #02118539 Listed on: 04/25/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Mary Ritter-myers

Compass License #01246307

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • 8,741 Sq Ft Lot
  • Beach Front
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned R-2:MINOR MULTIPLE

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Modern Architecture
  • Turnkey
  • Metal Roof

Interior Spaces

  • 2,668 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Tinted Windows
  • Custom Window Coverings
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Heated Floor in Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Property has ocean access
  • Ocean Side of Freeway
  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 1704
  • Assessor Parcel Number 2542102500
  • $462 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: R-2:MINOR MULTIPLE
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2542102500
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2668.00
  • Interior Amenities: Balcony, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Decorative, Gas, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2887.93
  • Room Type: Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Double Pane Windows, ENERGY STAR Qualified Windows, Tinted Windows
  • Bathroom Features: Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Heated Floor, Humidity Controlled, Linen Closet/Storage, Low Flow Toilet(s), Privacy Toilet Door, Quartz Counters, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower, Shower In Tub, Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room, Kitchen Island, Pots & Pan Drawers, Quartz Counters, Self-Closing Drawers, Stone Counters, Utility Sink, Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • View: Bluff, Coastline, Ocean, Panoramic
  • Fence: No
  • Patio And Porch Features: Deck, Patio Open, Wrap Around
  • Pool Private: No
  • Roof: Metal
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Underground Utilities, Cable Connected, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Warming Drawer, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Bluff, Sprinklers Drip System, Waterfront
  • Lot Size Sq Ft: 8741.00
  • Lot Size Acres: 0.2007

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8741.0000 Square Feet
  • Waterfront Features: Beach Access, Ocean Access, Beach Front, Ocean Front, Ocean Side of Freeway

Tax Info

  • Tax Tract Number: 001704
  • TaxOtherAnnualAssessmentAmount: 462.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2015
Sold by
Ruggeri Bow and Rugger Erina
Bought by
Ruggeri Family Trust and Ruggeri Erina
Current Estimated Value
$7,795,081

Purchase Details

Listed on
Oct 25, 2014
Closed on
Mar 10, 2015
Sold by
Ruggeri Bow
Bought by
Ruggeri Bow
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Listed on
Oct 25, 2014
Closed on
Feb 2, 2015
Sold by
Liebovitz Alfred S and Tram Lien T
Bought by
Ruggari Bow and Bow Ruggeri Separate Property Trust
Seller's Agent
Walter Shaffer
Walter Bert Shaffer, Broker
Buyer's Agent
Gary Martin
Gary Martin, Broker
List Price
$3,000,000
Sold Price
$3,000,000

Purchase Details

Closed on
Oct 1, 2001
Sold by
Liebovitz Alfred S and Tram Lien T
Bought by
Glickman Jeffery A and Dang Kim

Purchase Details

Closed on
Nov 29, 1999
Sold by
Pucio Lucille B Tr
Bought by
Liebovitz Alfred S and Tram Lien T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruggeri Family Trust -- None Available
Ruggeri Bow -- None Available
Ruggeri Bow -- First American Title Ins Co
Ruggari Bow $3,000,000 First American Title Ins Co
Glickman Jeffery A -- --
Liebovitz Alfred S $810,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liebovitz Alfred S $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $7,705,000 +11.7% $2,888 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $6,900,000 +130.0% $2,586 / Sq Ft
02/19/2015 02/19/15 Sold $3,000,000 0.0% $1,250 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
10/25/2014 10/25/14 For Sale $3,000,000 -- $1,250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $82,228 $7,715,000 $7,188,000 $527,000
2024 $82,228 $7,715,000 $7,189,000 $526,000
2023 $74,260 $6,990,000 $6,513,000 $477,000
2022 $39,542 $3,702,504 $3,171,084 $531,420
2021 $39,014 $3,629,906 $3,108,906 $521,000
2020 $36,497 $3,404,112 $3,077,028 $327,084
2019 $33,455 $3,120,920 $3,016,695 $104,225
2018 $33,981 $3,168,798 $2,957,545 $211,253
2017 $33,372 $3,106,665 $2,899,554 $207,111
2016 $32,300 $3,045,750 $2,842,700 $203,050
2015 $15,387 $1,440,971 $1,159,335 $281,636
2014 $15,063 $1,412,746 $1,136,626 $276,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2202590

California Regional Multiple Listing Service (CRMLS)

APN: 254-210-25