$2,400,000
SOLD MAY 3, 2019
3 Beds
2.5 Baths
2,500 Sq Ft
0.95 Acres

Recently Sold

$960 Per Sq Ft

20% Above List Price

8 Days on Market

Highlights

  • Ocean View
  • 0.95 Acre Lot
  • Retreat
  • Ocean Knoll Elementary School Rated A
  • Fireplace in Guest House
  • Laundry Room

About This Home

As of May 2021

Among the remaining large parcels in Olde Encinitas, few offer such majestic and sweeping ocean views as this exceptional .95 acre paradise. Truly amazing 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. [See supplement for more detail…] The full (reader-friendly) version of this supplemental description is available in the MLS "docs" section. Welcome to 1356 Crest Drive, a unique 1950’s built home with mid-century style accents, and architecture designed to blend with its surroundings. Come tour this quintessential North County estate, where the coastal topography crests to its peak, offering sweeping ocean views to the west, and stunning backcountry views to the east. Breathtaking sunrises and golden sunsets color this old-timey street with sideways lighting that filters through Torrey Pines, Palms, and lush vegetation. First time on market in over 35 years, this property checks every box for those looking to develop a spectacular residence. While utility may be found in preserving some or all of the home’s existing structure, “forever-home” seekers and developers alike will be quick to appreciate the flat and square topography, perfect for a main home, guest house, swimming pool, and more. Surfers and beach lovers will feel connected to the striking blue band of Pacific Ocean, topping a lush carpet of rich vegetation and a few beautifully designed home’s roofs. If privacy is desired, the mature wild landscaping understates the entrance such that visitors need mindfully find the property. Alternatively, some trimmed back landscaping and a tasteful fence would easily frame a showcase estate. The “Crest Drive Corridor” is loosely defined as a circuit of streets (Crest, Wales, Via Tiempo, Lake), and is unofficially recognized by locals as having its own independent identity. Its prestigious, yet casual char...

Last Agent to Sell the Property

Seth Chalnick

Shoreline Properties License #01343733 Listed on: 04/04/2019

Last Buyer's Agent

Alan Shafran

SRG License #00969660

SRG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,017

Year Built

  • Built in 1950

Lot Details

  • 0.95 Acre Lot
  • Partially Fenced Property
  • Property is zoned RR1

Parking

  • 5 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Homes

  • Fireplace in Guest House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2620111000

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,017

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Encinitas
  • View: Yes
  • Zoning: RR1
  • 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
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Guest House
  • Levels: Two
  • Price Per Square Foot: 960.00
  • Room Type: Main Floor Bedroom, Formal Entry, Retreat, Main Floor Master Bedroom, Kitchen, Living Room, Entry

Exterior Features

  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Electric, Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: In Garage

Lot Info

  • Lot Size Sq Ft: 41382.00
  • Lot Size Acres: 0.9500

Multi Family

  • Lot Size Area: 41382.0000 Square Feet

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

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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
Deed -- None Listed On Document
Grant Deed $3,600,000 Chicago Title Company Sd
Grant Deed $2,400,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,920,000 New Conventional
Previous Owner $1,920,000 Adjustable Rate Mortgage/ARM
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: 190017860

California Regional Multiple Listing Service (CRMLS)

APN: 262-011-10