1355 Rainbow Ridge Ln Encinitas, CA 92024
Leucadia NeighborhoodEstimated payment $21,719/month
Highlights
- Ocean View
- 1.72 Acre Lot
- Landscaped
- Capri Elementary School Rated A
- No HOA
- Wood Fence
About This Lot
Looking for outstanding views, where vivid sunrises and dynamic sunsets are an everyday occurrence? This is it! First time on the market in over 50 years, opportunities like this are truly rare. Perched atop a hill with unbeatable backcountry views of Indian Head Canyon and the Encinitas Ranch Golf Course, combined with excellent westerly views toward the ocean, this property offers a breathtaking setting from sunrise to sunset. This gated flag-lot parcel spans 1.72 acres in coastal Leucadia, offering exceptional privacy. You’ll be amazed by how much of the land is flat and usable, perfect for creating a legacy family compound, with the potential to subdivide into two oversized parcels. Current zoning is RR2 (Rural Residential—2 units per acre), with a minimum lot size of 21,500 sq. ft. The well-maintained original concrete block home has been tastefully updated over time and could potentially be retained as fantastic guest quarters. Located near the south end of Rainbow Ridge Lane, the property includes a clicker to a private gate providing convenient ingress and egress to the south, a luxury enjoyed only by this section of the street. This is a once-in-a-lifetime opportunity to enjoy the ultimate coastal lifestyle, with the beach just minutes away, along with great restaurants, shopping, and easy freeway access.
Listing Agent
Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #01847767 Listed on: 03/24/2026
Co-Listing Agent
Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #00887068
Property Details
Property Type
- Land
Lot Details
- 1.72 Acre Lot
- Lot Dimensions are 20' x 575' x 216' x 295' x 180' x 200'
- Rural Setting
- Wood Fence
- Fence is in fair condition
- Landscaped
- Flag Lot
- The property's topography is flat to gentle slope down toward saxony road.
- Front Yard
- Density is 2-5 Units/Acre
- Value in Land
- Property is zoned RR2 Minimum Lot Size=21,500 sq ft, Rural Residential RR2 (Two SF Homes per Acre)
Property Views
- Ocean
- Panoramic
- Golf Course
- Hills
- Valley
Utilities
- Propane
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2541810500
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,123 | $152,961 | $75,286 | $77,675 |
| 2024 | $2,123 | $149,962 | $73,810 | $76,152 |
| 2023 | $2,025 | $147,022 | $72,363 | $74,659 |
| 2022 | $1,950 | $144,141 | $70,945 | $73,196 |
| 2021 | $1,891 | $141,315 | $69,554 | $71,761 |
| 2020 | $1,837 | $139,867 | $68,841 | $71,026 |
| 2019 | $1,806 | $137,126 | $67,492 | $69,634 |
| 2018 | $1,776 | $134,438 | $66,169 | $68,269 |
| 2017 | $1,748 | $131,803 | $64,872 | $66,931 |
| 2016 | $1,701 | $129,219 | $63,600 | $65,619 |
| 2015 | $1,650 | $127,279 | $62,645 | $64,634 |
| 2014 | $1,596 | $124,786 | $61,418 | $63,368 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $4,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $223,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2602778
APN: 254-181-05
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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
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