$10,000,000
SOLD JUL 13, 2022
5 Beds
4.5 Baths
4,052 Sq Ft
7,093 Sq Ft Lot

Recently Sold

$2,468 Per Sq Ft

20% Below List Price

32 Days on Market

Highlights

  • White Water Ocean Views
  • Sauna
  • Waterfront
  • Paul Ecke-Central Elementary Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of July 2022

Blending casual elegance with custom architectural details, this irreplaceable 5BR/4.5BA tranquil oceanfront retreat on iconic Neptune truly showcases the Encinitas coastal lifestyle. A palm tree framed drive welcomes you to your home and the soaring ocean views make it hard to leave. Imagine early morning coffee while watching dolphins and whales, breathtaking sunsets and fireside moonlit conversations while entertaining family and friends from the generous bluff front patio. As you enter through the mahogany front door, you immediately feel like you're floating above the Pacific. The expansive great room features a cozy fireplace, warm wood accents and travertine floors. The space is ideal for family to gather as it opens to the chef's kitchen with dual ovens, Viking six burner gas range, Sub-zero refrigerator, sizeable kitchen island, custom cabinetry, stone countertops and large walk-in pantry. All Enjoy seamless indoor/outdoor entertaining from the kitchen, dining and great room to a generous ocean view patio with built-in grill, huge fire pit, and bar. Also on the main level are two bedrooms - one with a beautiful on-suite that share a sunny front patio, there is another full bathroom and a powder room as well. Upstairs has a comfortable family room perfect for a movie night. A true master suite with spa bath including a jetted tub, large walk in shower with double heads, and 2 vanities with their own sinks. There is a fireside sitting room, a wet bar and the broad balcony that is perfect for watching the endless waves roll in and dozing off to the sound of the ocean. Two bedrooms and another bathroom complete the upstairs. This oceanfront home also includes steam/sauna, and 2 outdoor showers to complete this serene coastal retreat. The patio has several seating and lounging options – including a lounge deck and beautiful fire pit . This house provides an extremely comfortable coastal lifestyle with endless ocean views, beach access to is a short walk to Moonlight Beach (2 blocks) and the charming town of Encinitas with some of the best surfing spots, restaurants and nightlife. The Encinitas lifestyle is waiting for you.

Last Agent to Sell the Property

Lori Puterbaugh

Coldwell Banker Realty License #02029345 Listed on: 05/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Eric Iantorno

Pacific Sotheby's International Realty License #01256501

Pacific Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109,261

Year Built

  • Built in 2002

Lot Details

  • 7,093 Sq Ft Lot
  • Waterfront
  • Landscaped
  • Misting System
  • Sprinklers Throughout Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Bluff

Interior Spaces

  • 4,052 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Living Room with Fireplace
  • Loft
  • Sauna
  • Walk-In Pantry
  • Home Gym

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Neptune Subdivision

Listing and Financial Details

  • Tax Tract Number 19079
  • Assessor Parcel Number 2563710400

Home Details

Home Type

Single Family

Est. Annual Taxes

$109,261

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2563710400
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4052.00
  • Stories: 3
  • Entry Location: Ocean Level
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 300.00 Square Feet
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2467.92
  • Room Type: Exercise Room, Great Room, Kitchen, Laundry, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Sauna, Two Masters, Walk-In Pantry

Exterior Features

  • View: Coastline, Ocean, White Water
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage - Two Door, Garage Door Opener, Oversized
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Bluff, Front Yard, Landscaped, Misting System, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Waterfront
  • Lot Size: 7,093 - 44 ft oceanfront
  • Lot Size Sq Ft: 7093.00
  • Lot Size Acres: 0.1628

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7093.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 19079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 28, 2022
Sold by
150 Neptune Ave Llc
Bought by
Kinzelberg Chad and Kinzelberg Jennifer
Seller's Agent
Lori Puterbaugh
Coldwell Banker Realty
Buyer's Agent
Eric Iantorno
Pacific Sotheby's International Realty
List Price
$12,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$2,500,000
-20%
Current Estimated Value
$7,881,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,118,447
Avg. Annual Appreciation
-6.02%

Purchase Details

Closed on
Jan 21, 2016
Sold by
Baca Anna Marline
Bought by
150 Neptune Llc

Purchase Details

Closed on
Sep 21, 2011
Sold by
Baca Kenneth and Baca Anna Marline
Bought by
Baca Anna Marline

Purchase Details

Closed on
May 4, 2005
Sold by
Baca Kenneth and Baca Anna Marline
Bought by
Baca Kenneth X and Baca Anna Marline

Purchase Details

Closed on
Oct 10, 2001
Sold by
Refold Jay M and Refold Debra L
Bought by
Baca Kenneth and Baca Anna Marline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 23, 1999
Sold by
Canter Charitable Trust 12-29-92 and Canter Stanley
Bought by
Refold Jay M and Refold Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.82%

Purchase Details

Closed on
Dec 17, 1985
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
Grant Deed $10,000,000 First American Title
Grant Deed $6,275,000 Title 365
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $2,600,000 Fidelity National Title Co
Grant Deed $640,000 Old Republic Title Company
Deed $339,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,600,000 Balloon
Previous Owner $1,245,000 Construction
Previous Owner $416,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $10,000,000 -20.0% $2,468 / Sq Ft
05/19/2022 05/19/22 For Sale $12,500,000 -- $3,085 / 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 $109,261 $10,404,000 $9,155,520 $1,248,480
2024 $109,261 $10,200,000 $8,976,000 $1,224,000
2023 $98,331 $9,215,000 $8,109,000 $1,106,000
2022 $75,483 $6,999,878 $3,346,555 $3,653,323
2021 $73,870 $6,862,627 $3,280,937 $3,581,690
2020 $72,711 $6,792,261 $3,247,296 $3,544,965
2019 $71,214 $6,659,080 $3,183,624 $3,475,456
2018 $69,705 $6,528,510 $3,121,200 $3,407,310
2017 $68,413 $6,400,500 $3,060,000 $3,340,500
2016 $34,600 $3,244,634 $1,247,934 $1,996,700
2015 $34,019 $3,195,897 $1,229,189 $1,966,708
2014 $33,347 $3,133,294 $1,205,111 $1,928,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2204857

California Regional Multiple Listing Service (CRMLS)

APN: 256-371-04