$4,000,000
SOLD APR 18, 2025
5 Beds
6 Baths
4,185 Sq Ft
0.69 Acres

Recently Sold

$956 Per Sq Ft

11% Below List Price

19 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Retreat
  • Ocean Knoll Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of April 2025

Welcome to Your Private Paradise! This stunning single-story, resort-style estate in the heart of Encinitas offers coastal luxury, privacy, and modern amenities. From the moment you enter the gated driveway on this half-acre+ lot, it’s clear no expense was spared in crafting this retreat. Step through the custom wood front door into a showstopping great room with an acoustic wood-paneled fireplace and expansive glass doors that open to the backyard. The former dining room is now a stylish game room with a wet bar, framed by modern metal and glass doors. The elegant kitchen boasts stainless steel appliances, a pantry, and a double-door fridge. This well-appointed home features a private ensuite bedroom, two bedrooms with a Jack & Jill bath, and a true primary suite. The primary retreat includes a gas fireplace, private outdoor access, and a spa-like bath with a standalone tub, quartz countertops and shower walls. Outside, the resort-style pool and spa create an oasis. A lazy river, fire pit, 12-person spa, poolside cabana with half bath, outdoor shower, yoga room, and bocce ball court make it an entertainer’s dream. Extensively updated in 2023, upgrades include a new roof, windows, owned solar, full house generator w/ auto transfer switch, water softener and eave lighting. A stylish detached 1-bedroom ADU with 9-ft ceilings, full kitchen, laundry, and private parking offers a perfect retreat for guests, rental income, or multigenerational living. Nestled in a quiet enclave with beautiful sunsets and minutes from beaches, restaurants, and shops. Truly one of a kind,

Last Agent to Sell the Property

Elizabeth Kenny

HomeSmart Realty West License #01171116 Listed on: 03/06/2025

HomeSmart Realty West

Last Buyer's Agent

Liz Kenny

HomeSmart Realty West License #01171116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned R-1:SINGLE

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • 4,185 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Formal Dining Room
  • Home Office
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Concrete Porch or Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Additional Features

  • Solar Power System
  • Accessory Dwelling Unit (ADU)
  • Machine Shed

Community Details

  • Encinitas Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Unit Levels: 1 Story
  • Property Sub Type: Detached
  • Co List Office Mls Id: 990398
  • Subdivision Name: ENCINITAS
  • Living Area: 4185.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-08-29T18:47:46Z
  • ADU_YesNo: Yes
  • AgeRestrictions: N/K
  • FullAddress: 874-876 Bracero Rd
  • Ownership: Fee Simple
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 5
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Shed(s), Solar Panels, Water Softener, 6 Burner Stove, Double Oven, Gas Oven, Ice Maker, Range/Stove Hood
  • Fireplace Features: FP in Family Room, FP in Primary BR, Fire Pit, Gas, Kitchen
  • Fireplaces: 3
  • Flooring: Tile, Wood

Exterior Features

  • Fencing: Full, Gate, Blockwall
  • Roof: Composition
  • Pool Features: Below Ground, Private, Heated with Gas, Saltwater
  • Construction Type: Stucco, Metal Siding
  • Patio And Porch Features: Concrete

Garage/Parking

  • Garaged Spaces: 3.0
  • Parking Features: Attached
  • Total Parking Spaces: 13.0

Utilities

  • Cooling: Central Forced Air
  • Heating: Fireplace, Forced Air Unit
  • Sewer: Sewer Connected
  • Laundry Features: Gas
  • Water Source: Public
  • HeatSource: Natural Gas

Lot Info

  • Zoning: R-1:SINGLE
  • Other Structures: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Apr 9, 2025
Sold by
Malkon Family Trust and Malkon Paul D
Bought by
Cameron Mcwethy Trust and Tammi Massaglia Trust
Seller's Agent
Elizabeth Kenny
HomeSmart Realty West
Buyer's Agent
Liz Kenny
HomeSmart Realty West
List Price
$4,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$495,000
-11.01%
Views
83
Current Estimated Value
$3,872,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,352
Avg. Annual Appreciation
-4.58%

Purchase Details

Closed on
Jul 17, 2014
Sold by
New Pointe Bracero Llc
Bought by
The Malkon Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2013
Sold by
Bracero Development Partners Llc
Bought by
New Pointe Bracero Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2010
Sold by
Encinitas Bracero Ventures Llc
Bought by
Bracero Development Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $4,000,000 Fidelity National Title
Grant Deed $1,550,000 First American Title Company
Grant Deed $1,050,000 First American Title Company
Grant Deed $1,575,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $546,250 New Conventional
Previous Owner $1,500,000 Purchase Money Mortgage
Previous Owner $1,100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2025 04/18/25 Sold $4,000,000 -11.0% $956 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $4,495,000 -- $1,074 / Sq Ft
Source: San Diego 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 $22,761 $2,046,191 $1,021,568 $1,024,623
2024 $22,761 $2,006,071 $1,001,538 $1,004,533
2023 $21,831 $1,966,737 $981,900 $984,837
2022 $22,038 $1,928,175 $962,648 $965,527
2021 $20,176 $1,850,369 $943,773 $906,596
2020 $19,509 $1,791,807 $934,096 $857,711
2019 $19,114 $1,756,675 $915,781 $840,894
2018 $18,763 $1,722,231 $897,825 $824,406
2017 $18,429 $1,688,463 $880,221 $808,242
2016 $17,835 $1,655,357 $862,962 $792,395
2015 $16,585 $1,535,493 $850,000 $685,493
2014 $5,406 $410,000 $410,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250020478

San Diego MLS

APN: 258-371-32