NOT LISTED FOR SALE

Estimated Value: $4,137,000 - $5,024,000

3 Beds
3 Baths
2,500 Sq Ft
$1,832/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $3,600,000 $1,440 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $28,800/month

5 Days on Market

Highlights

  • Ocean View
  • 0.95 Acre Lot
  • Bonus Room
  • Ocean Knoll Elementary School Rated A
  • Main Floor Primary Bedroom
  • Private Yard

About This Home

As of May 2021

Perched atop one of the highest lots on one of Encinitas' most iconic streets, this expansive and private .95 acre lot offers unrivaled ocean views to Catalina Island & Dana Point with gorgeous sunrise views to the east. Rarely does an opportunity present itself to acquire one of the most enviable and exclusive remaining large parcels in Olde Encinitas. Remarkable potential lies within the flat, square, highly usable, free-standing nature of this lot; with ground-level ocean views, and coveted location, south of Sante Fe, on the west side of Crest Drive. This quintessential North County estate checks every box for those looking to develop a spectacular Southern California residence with the following permits in process: Coastal Development Permit (CDP),Grading Permit, Demo Permit, and Building Permits for a Main house (SFD), Guest House (ADU), and Detached Garage with 2 new recently drilled vertical septic pits. The flat and square topography with the option to preserve some or all of the home's existing structure, provides “Forever-home" seekers and developers with the utmost freedom and quick timeline to build an ideal dream coastal oasis! Located within the “Crest Drive Corridor,'' offering old California charm with oversized parcels and lush mature landscaping, this coveted neighborhood is the best of Southern California living! Nestled in the heart of North County, this neighborhood sits above historic Hwy 101, Cardiff Towne Centre, Downtown Encinitas, and Cedros Design District. Close proximity to award-winning schools, world-class surf, great restaurants, farmers markets, shops, galleries, parks, trails, train station, freeway access, and everything North County has to offer!

Last Agent to Sell the Property

Alan Shafran

SRG License #00969660 Listed on: 03/11/2021

SRG

Last Buyer's Agent

Alan Shafran

SRG License #00969660 Listed on: 03/11/2021

SRG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,017

Year Built

  • Built in 1950

Lot Details

  • 0.95 Acre Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned AGRICULTURAL

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Fixer Upper

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Tract Number 2114
  • Assessor Parcel Number 2620111000

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,017

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: AGRICULTURAL
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2620111000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1440.00
  • Room Type: Bonus Room, Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Separate Family Room

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Garage, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lawn, Lot Over 40000 Sqft, Level, Yard
  • Lot Size Sq Ft: 41382.00
  • Lot Size Acres: 0.9500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 41382.0000 Square Feet

Tax Info

  • Tax Tract Number: 002114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2025
Sold by
Kimball Robert and Kimball Laura
Bought by
Kimball Real Property Trust and Kimball
Current Estimated Value
$4,580,852

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 28, 2021
Sold by
Adams Nicole R and Adams Matthew S
Bought by
Kimball Robert and Kimball Laura
Seller's Agent
Alan Shafran
SRG
Buyer's Agent
Alan Shafran
SRG
List Price
$3,950,000
Sold Price
$3,600,000
Premium/Discount to List
-$350,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 23, 2019
Sold by
The Carol Holt 2003 Trust
Bought by
Matthew S And Nicole R Adams Liv Tr
Seller's Agent
Seth Chalnick
Shoreline Properties
Buyer's Agent
Alan Shafran
SRG
List Price
$2,000,000
Sold Price
$2,400,000
Premium/Discount to List
$400,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.75%
Original Mortgage
$1,920,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2003
Sold by
Holt Carol L and Holt Carol
Bought by
Holt Carol
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kimball Real Property Trust -- None Listed On Document
Kimball Robert $3,600,000 Chicago Title Company Sd
Matthew S And Nicole R Adams Liv Tr $2,400,000 Lawyers Title Company
Holt Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Matthew S $1,920,000
Previous Owner Matthew S And Nicole R Adams Liv Tr $1,920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $3,600,000 -8.9% $1,440 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $3,950,000 +64.6% $1,580 / Sq Ft
05/03/2019 05/03/19 Sold $2,400,000 +20.0% $960 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $2,000,000 -- $800 / 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
2024 $42,017 $3,964,228 $3,714,228 $250,000
2023 $38,464 $3,641,400 $3,641,400 $0
2022 $38,791 $3,672,000 $3,570,000 $102,000
2021 $26,339 $2,473,361 $2,164,191 $309,170
2020 $26,009 $2,448,000 $2,142,000 $306,000
2019 $1,709 $154,871 $85,929 $68,942
2018 $1,600 $151,836 $84,245 $67,591
2017 $1,570 $148,860 $82,594 $66,266
2016 $1,517 $145,942 $80,975 $64,967
2015 $1,495 $143,751 $79,759 $63,992
2014 $1,466 $140,936 $78,197 $62,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2102615

California Regional Multiple Listing Service (CRMLS)

APN: 262-011-10