Seller's Agent in 2025
James Jam
Berkshire Hathaway HomeService
(858) 459-0501
1 in this area
66 Total Sales
515 Neptune Ave Encinitas, CA 92024
Leucadia Neighborhood
5
Beds
4
Baths
3,191
Sq Ft
0.27
Acres
Highlights
- In Ground Pool
- No HOA
- 2 Car Attached Garage
- Paul Ecke-Central Elementary Rated A
- Neighborhood Views
- Laundry Room
About This Home
As of November 2025Located on one of the most coveted oceanfront streets in Encinitas, 515 Neptune Avenue presents a rare chance to own a property in this highly sought-after coastal enclave. Just steps from the sand and surf, this home offers some ocean views and endless potential. Set on an expansive 11,000+ sq. ft. lot, the property features a spacious main residence complemented by a single-level 2-bedroom, 1-bath ADU, ideal for multi-generational living, extended guests, or income potential. Outdoor living shines with a Pebble Tec pool and plenty of space to re-envision your own private retreat. Additional highlights include an attached 2-car garage and the versatility to either refresh the existing home or design a brand-new custom coastal estate. This property represents more than a home—it’s an opportunity to remodel or build new in one of the most desirable locations along the Southern California coastline.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Landscaped
- Front Yard
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 3,191 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 4 Full Bathrooms
Outdoor Features
- In Ground Pool
- Exterior Lighting
Utilities
- No Heating
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Tract Number 1800
- Assessor Parcel Number 2562621900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2025
Closed on
Nov 5, 2025
Sold by
Rhett Bogle Trust and Bogle Rhett
Bought by
Walker Land Company Llc
Seller's Agent
James Jam
Berkshire Hathaway HomeService
Buyer's Agent
James Jam
Berkshire Hathaway HomeService
List Price
$3,889,000
Sold Price
$2,650,000
Premium/Discount to List
-$1,239,000
-31.86%
Views
119
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.84%
Original Mortgage
$2,756,600
Outstanding Balance
$2,751,375
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$197,091
Purchase Details
Closed on
Sep 7, 2021
Sold by
Bogle Rhett
Bought by
Bogle Rhett and The Rhett Bogle Trust
Purchase Details
Closed on
Jan 18, 2021
Sold by
Prema M Devi Trust and Bogle Rhett
Bought by
Bogle Rhett
Purchase Details
Closed on
Nov 16, 2007
Sold by
Meyers Donald and Devi Prema
Bought by
Devi Prema M and Prema M Devi Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,051,000
Interest Rate
7.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2004
Sold by
Devi Prema M
Bought by
Devi Prema M and The Prema M Devi Trust
Purchase Details
Closed on
Nov 13, 2000
Sold by
Meyers Donald C
Bought by
Devi Premi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2000
Sold by
Bogle Rhett
Bought by
Devi Prema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 1994
Sold by
Devi Prema and Mata Prema
Bought by
Devi Prema and Bogle Rhett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Purchase Details
Closed on
Apr 24, 1990
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,650,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Fidelity National Title Co | |
| Gift Deed | -- | Fidelity National Title Co | |
| Quit Claim Deed | -- | Chicago Title | |
| Deed | $570,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,756,600 | Construction | |
| Previous Owner | $1,051,000 | New Conventional | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | Sold | $2,650,000 | -11.5% | $830 / Sq Ft |
| 11/05/2025 11/05/25 | Pending | -- | -- | -- |
| 10/17/2025 10/17/25 | Price Changed | $2,995,000 | -6.4% | $939 / Sq Ft |
| 10/08/2025 10/08/25 | Price Changed | $3,200,000 | -7.2% | $1,003 / Sq Ft |
| 10/03/2025 10/03/25 | Price Changed | $3,450,000 | -11.3% | $1,081 / Sq Ft |
| 10/02/2025 10/02/25 | For Sale | $3,889,000 | -- | $1,219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,373 | $1,374,406 | $821,522 | $552,884 |
| 2024 | $15,373 | $1,347,458 | $805,414 | $542,044 |
| 2023 | $15,012 | $1,321,038 | $789,622 | $531,416 |
| 2022 | $14,813 | $1,295,137 | $774,140 | $520,997 |
| 2021 | $11,221 | $950,116 | $400,927 | $549,189 |
| 2020 | $11,196 | $940,374 | $396,816 | $543,558 |
| 2019 | $10,987 | $921,936 | $389,036 | $532,900 |
| 2018 | $10,933 | $903,859 | $381,408 | $522,451 |
| 2017 | $10,837 | $886,137 | $373,930 | $512,207 |
| 2016 | $10,683 | $868,763 | $366,599 | $502,164 |
| 2015 | $10,645 | $855,715 | $361,093 | $494,622 |
| 2014 | $10,469 | $838,954 | $354,020 | $484,934 |
Source: Public Records
Agents Affiliated with this Home
-
James Jam
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2509561
APN: 256-262-19
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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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