NOT LISTED FOR SALE

Estimated Value: $4,126,000 - $9,655,721

4 Beds
4 Baths
2,903 Sq Ft
$2,651/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $10,000,000 $3,445 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $49,112/month

236 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Above Ground Spa
  • Paul Ecke-Central Elementary Rated A
  • Koi Pond
  • Auto Driveway Gate

About This Home

As of December 2023

Welcome home to 1496 Neptune Avenue in Encinitas…the coveted street’s most spectacular oceanfront property with pristinely private beach access year round. Entirely remodeled in 2020, this approx. 3000 sqft stunner boasts all new electrical, plumbing, interior and exterior walls with elegant designer finishes and upgrades throughout. Professionally and impeccably maintained lighted stairs with ocean flood light and sound system, plus coastal commission compliant seawall, bluffside yoga deck, convenient beachfront storage, upper and lower gates for optimal safety and security. Through the authentic tibetan front gate and inside the privacy of a powder-coated stainless steel automated car gate, a fully enclosed front courtyard boasts a world-class Koi pond, specimen plumerias, custom glass 2-car garage door, stunning Santa Barbara exterior finish, triple tile roof, copper rain gutters and gorgeous new walnut and frosted glass front door. Stunningly upgraded throughout with radiant heat flooring, 2 interior and 2 exterior fireplaces, fully automated sheer and blackout blinds, Lutron lighting system, Yamaha interior and exterior audio system, walnut doors, Toto toilettes, custom storage and built-ins, and never ending ocean views. The entry floor offers Marble Flooring, Professional Chef’s Kitchen with Mia Cucina custom cabinets, Subzero refrigerator/freezer, wine refrigerator, Bertozoni 6-burner gas range + griddle and steam oven, guest bedroom with ensuite bath, plus additional oceanfront bedroom and full bathroom with custom Mia Cucina cabinets and hand-painted lotus tile, plus beautifully functioning elevator to the upstairs primary retreat. Upstairs, the primary suite with Porcelanosa flooring with radiant heat, exterior and interior fireplaces, vaulted ceilings, panoramic ocean view plus 2 separate adjoining decks. Stunning bathroom suite with steam shower, designer tile, extra large bath tub, dual sinks, vanity, walk in closet with built-ins. Breathtaking oceanfront gym with folding Anderson glass doors, and side sliding glass window. Lower level offers a separate guest suite complete with kitchenette, luxury full bath, ductless heating and air, Scotsman Ice Maker. Expansive under-home storage, including housing two tankless water heating and in-floor heating systems. Large exterior decks with Tucci automated umbrellas, custom canopy, and deluxe standing jacuzzi. THIS HOME IS A MUST SEE!

Last Agent to Sell the Property

hannah Nancarrow Woods

Nancarrow Realty Group License #02005522 Listed on: 12/02/2022

Co-Listed By

Elyse Dittrich

Nancarrow Realty Group License #01931225

Last Buyer's Agent

Maryan Grimm

RE/MAX Monterey Peninsula License #01339135

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 9,153 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Fenced
  • Density is up to 1 Unit/Acre
  • Property is zoned R-2:Minor Multiple

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Driveway
  • Auto Driveway Gate

Property Views

  • White Water Ocean
  • Panoramic
  • Bluff

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2,903 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • Two Way Fireplace
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Living Room Balcony
  • Deck
  • Patio
  • Koi Pond
  • Outdoor Fireplace
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Cooling and Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2540401600

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Zoning: R-2:Minor Multiple
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2540401600
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2903.00
  • Interior Amenities: Balcony, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Stone Counters, Two Story Ceilings, Unfurnished
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Primary Bedroom, Outside, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3444.71
  • Room Type: Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Above Ground

Exterior Features

  • Patio: Yes
  • Exterior Features: Koi Pond, Rain Gutters
  • View: Ocean, Panoramic, White Water
  • Fence: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Gated, Private, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooking, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air, Ductless
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff
  • Lot Size Sq Ft: 9153.00
  • Lot Size Acres: 0.2101

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9153.0000 Square Feet
  • Waterfront Features: Beach Front, Ocean Front, Seawall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Nov 13, 2023
Sold by
Glenn-Nancarrow Family Trust
Bought by
Mira Sorrento Properties Lp
Seller's Agent
hannah Nancarrow Woods
Nancarrow Realty Group
Buyer's Agent
Maryan Grimm
RE/MAX Monterey Peninsula
List Price
$10,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$995,000
-9.05%
Views
97
Current Estimated Value
$7,696,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,303,426
Avg. Annual Appreciation
-11.83%
Original Mortgage
$7,500,000
Outstanding Balance
$6,947,569
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$749,005

Purchase Details

Closed on
Dec 13, 2019
Sold by
Glenn Scott Lance and Glenn Susan Nancarrow
Bought by
Glenn Scott L and Glenn Susan Nancarrow

Purchase Details

Closed on
Jun 10, 2016
Sold by
Cumming Kirk John
Bought by
Lian Em

Purchase Details

Closed on
Jun 8, 2016
Sold by
Lian Em and Lian Sui M Twe
Bought by
Glenn Scott Lance

Purchase Details

Closed on
Jun 8, 2004
Sold by
Lian Tinem and Lian Em
Bought by
Lian Em and Lian Sui M Twe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1996
Sold by
Mayer Josephine A
Bought by
Lian Tinem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
8.37%

Purchase Details

Closed on
Feb 9, 1996
Sold by
Mayer Josephine A and Mayer Erwin W
Bought by
Mayer Josephine A

Purchase Details

Closed on
Apr 14, 1986
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
Mira Sorrento Properties Lp $10,000,000 Chicago Title
Glenn Scott L -- None Available
Glenn Scott L -- None Available
Lian Em -- Chicago Title Company Sd
Glenn Scott Lance $4,116,000 Chicago Title Company Sd
Lian Em -- Lawyers Title
Lian Tinem $740,000 Commonwealth Land Title Co
Mayer Josephine A -- --
Mayer Josephine A -- --
-- $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mira Sorrento Properties Lp $7,500,000
Previous Owner Lian Em $1,000,000
Previous Owner Lian Tinem $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $10,000,000 0.0% $3,445 / Sq Ft
02/07/2023 02/07/23 Off Market $10,000,000 -- --
12/02/2022 12/02/22 For Sale $10,995,000 -- $3,787 / 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 $106,394 $10,200,000 $8,670,000 $1,530,000
2024 $106,394 $10,000,000 $8,500,000 $1,500,000
2023 $49,555 $4,647,654 $3,346,556 $1,301,098
2022 $48,544 $4,556,525 $3,280,938 $1,275,587
2021 $47,903 $4,467,182 $3,216,606 $1,250,576
2020 $46,705 $4,367,931 $3,183,624 $1,184,307
2019 $45,742 $4,282,286 $3,121,200 $1,161,086
2018 $44,840 $4,198,320 $3,060,000 $1,138,320
2017 $44,035 $4,116,000 $3,000,000 $1,116,000
2016 $12,500 $1,162,291 $701,670 $460,621
2015 $12,297 $1,144,834 $691,131 $453,703
2014 $12,034 $1,122,409 $677,593 $444,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2211622

California Regional Multiple Listing Service (CRMLS)

APN: 254-040-16