NOT LISTED FOR SALE

532 Neptune Ave Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $12,267,670

5 Beds
6 Baths
6,329 Sq Ft
$1,938/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $16,250,000 $2,568 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $78,693/month

90 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Bonus Room
  • Paul Ecke-Central Elementary Rated A
  • Living Room with Fireplace
  • High Ceiling

About This Home

As of August 2023

Perched on a 74-foot promontory with explosive panoramic ocean views, Crescent House is a one-of-a-kind architectural masterpiece. This unique, trophy property was created by three-time Architectural Digest Top 100 designer and visionary, Wallace E. Cunningham. Prominently featured in Architectural Digest Magazine and in the Season 3 premiere episode of HBO's Westworld, this property exemplifies a work of art. Sprawling over a double oceanfront lot and showcasing over ~6,300sf of interior space with modern concrete, titanium, and floor to ceiling glass windows that bring the outdoor ocean view in throughout its entirety. A tiered design and curved walls shield an alluring central courtyard with an entrancing crescent shaped infinity pool. The main home hosts an alluring living space with gourmet chef's kitchen, expansive primary bedroom with endless ocean views and spa-like bathroom. Accompanying the main home are two additional bedrooms, all with panoramic ocean views and bonus areas that could be used as a fifth bedroom, gym, yoga studio, media room, office, etc. Guest quarters offer an additional En-suite bedroom with a second room for a multitude of uses. Patios, verandas, terraces and decks throughout maximize the outdoor coastal living and gives an unmatched feeling of floating on the Ocean. With ocean views by day and city views by night, this home offers incredible spectacular vistas. This unrivaled property is more than just a home, creating an ideal combination of the ultimate luxury living with impeccable quality and paramount location, making it a true work of art.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 05/19/2023

Douglas Elliman of California, Inc.

Co-Listed By

Jason Saks

Douglas Elliman of California, Inc. License #02100027

Last Buyer's Agent

Corey King

eXp Realty of California, Inc License #02109333

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.42 Acre Lot
  • Ocean Front
  • Fenced Yard
  • Property is zoned R2

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Split Level Home

Interior Spaces

  • 6,329 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dressing Area
  • Powder Room

Outdoor Features

  • In Ground Pool
  • Balcony
  • Open Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 256-084-09-00

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6329
  • Lot Acreage: 0.4200
  • Stories: 2
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Tile, Stone
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen, Kitchen Island
  • Laundry: Room, Inside
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Range/Oven, Freezer, Refrigerator, Dishwasher
  • Price Per S Q F T: 2804.55

Exterior Features

  • Other Features: Barbecue Private, Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: White Water, Water, Ocean, Panoramic
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 256-084-09-00
  • Lot Description: 2-4 Lots, Yard, Fenced, Fenced Yard, Back Yard
  • Lot Size Area: 18295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Aug 1, 2023
Sold by
Crescent House Llc
Bought by
Infinite Love I Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Corey King
eXp Realty of California, Inc
List Price
$17,750,000
Sold Price
$16,250,000
Premium/Discount to List
-$1,500,000
-8.45%
Views
393
Current Estimated Value
$12,267,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,982,330
Avg. Annual Appreciation
-11.27%

Purchase Details

Closed on
Aug 18, 2020
Sold by
Williams Michael L and Quinn Eileen
Bought by
Crescent House Llc

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 30, 2016
Sold by
Crescent Neptune Llc
Bought by
Williams Michael L and Quinn Eileen
Seller's Agent
DeeDee Kirsch
Compass
Buyer's Agent
Kelly Howard
Compass
List Price
$11,100,000
Sold Price
$11,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 14, 2014
Sold by
Fischer Esther
Bought by
Crescent Neptune Llc
Seller's Agent
Doug Harwood
Coldwell Banker Realty
Buyer's Agent
Rita Boren ,CRS, GRI
Windermere S. V. P.
List Price
$10,500,000
Sold Price
$10,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Gozzo Paul F and Sawtelle Jerry E
Bought by
Fischer Arnold G and Fischer Esther

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
6.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Infinite Love I Llc $16,250,000 Equity Title Company
Crescent House Llc -- First American Title
Williams Michael L $11,100,000 First American Title
Crescent Neptune Llc $10,400,000 First American Title
Fischer Arnold G $1,000,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Michael L $1,000,000
Previous Owner Fischer Arnold G $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $16,250,000 -8.5% $2,568 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $17,750,000 0.0% $2,805 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $17,750,000 +59.9% $2,805 / Sq Ft
10/05/2016 10/05/16 Sold $11,100,000 0.0% $1,748 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $11,100,000 +5.7% $1,748 / Sq Ft
03/24/2014 03/24/14 Sold $10,500,000 0.0% $1,654 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $10,500,000 -- $1,654 / Sq Ft
Source: The MLS

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 $173,020 $16,575,000 $8,160,000 $8,415,000
2024 $173,020 $16,250,000 $8,000,000 $8,250,000
2023 $165,563 $15,606,000 $7,282,800 $8,323,200
2022 $162,232 $15,300,000 $7,140,000 $8,160,000
2021 $127,227 $11,901,441 $4,396,027 $7,505,414
2020 $125,569 $11,779,408 $4,350,952 $7,428,456
2019 $122,972 $11,548,440 $4,265,640 $7,282,800
2018 $120,541 $11,322,000 $4,182,000 $7,140,000
2017 $118,375 $11,100,000 $4,100,000 $7,000,000
2016 $113,382 $10,769,560 $3,106,604 $7,662,956
2015 $111,735 $10,607,792 $3,059,940 $7,547,852
2014 $34,164 $3,203,336 $925,338 $2,277,998
Source: Public Records

Agents Affiliated with this Home

  • Joshua Altman

    Seller's Agent in 2023

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    4 in this area

    508 Total Sales

    Joshua Altman
    Section Image
  • Jason Saks

    Seller Co-Listing Agent in 2023

    Jason Saks

    Douglas Elliman of California, Inc.

    (858) 864-8737

    1 in this area

    20 Total Sales

    Jason Saks
    Section Image

  • C

    Buyer's Agent in 2023

    Corey King

    eXp Realty of California, Inc

    Section Image
  • DeeDee Kirsch

    Seller's Agent in 2016

    DeeDee Kirsch

    Compass

    (760) 979-5609

    4 in this area

    12 Total Sales

    DeeDee Kirsch
    Section Image
  • Kelly Howard

    Buyer's Agent in 2016

    Kelly Howard

    Compass

    (760) 419-1240

    3 in this area

    99 Total Sales

    Kelly Howard
    Section Image

  • D

    Seller's Agent in 2014

    Doug Harwood

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 23-271769

The MLS

APN: 256-084-09

California San Diego County Encinitas 92024 Leucadia

532 Neptune Ave, Encinitas, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes