NOT LISTED FOR SALE

Estimated Value: $2,964,089

5 Beds
4 Baths
3,191 Sq Ft
$929/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2025

Last sale price $2,650,000 $830 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $17,424 / mo

34 Days on Market

Highlights

  • In Ground Pool
  • Neighborhood Views
  • Laundry closet
  • No HOA
  • 2 Car Attached Garage
  • Landscaped

About This Home

As of November 2025

Located 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.

Last Agent to Sell the Property

James Jam

Berkshire Hathaway HomeService Brokerage Email: james@jamesjam.com License #01053459 Listed on: 10/02/2025

Berkshire Hathaway HomeService

Last Buyer's Agent

James Jam

Berkshire Hathaway HomeService Brokerage Email: james@jamesjam.com License #01053459 Listed on: 10/02/2025

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 11,657 Sq Ft 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 closet

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2562621900
  • Year Built: 1985
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3191.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 938.58

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 11657.00
  • Lot Size Acres: 0.2676

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11657.0000 Square Feet
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 001800

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2025
Closed on
Nov 5, 2025
Sold by
Bought by
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
Current Estimated Value
$2,964,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,089
Avg. Annual Appreciation
18.81%

Purchase Details

Closed on
Sep 7, 2021
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2007
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Nov 13, 2000
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Apr 24, 1990
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,650,000 First American Title
-- None Available
-- None Listed On Document
-- Commonwealth Land Title Co
-- Accommodation
-- --
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Chicago Title
$570,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,051,000
Previous Owner $948,550
Previous Owner $100,000
Previous Owner $500,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,848 $2,650,000 $2,100,000 $550,000
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2509561

California Regional Multiple Listing Service (CRMLS)

APN: 256-262-19

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