RENTED FEB 4, 2026

Estimated Value: $1,596,181 - $1,670,000

2 Beds
2 Baths
959 Sq Ft
1980 Built

Last Sold June 06, 2025

Last sale price $1,675,000 $1,747 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,886/month

Highlights

  • Ocean Front
  • Pool and Spa
  • Gated Community
  • Paul Ecke-Central Elementary Rated A
  • No Units Above
  • 3-minute walk to J Street Viewpoint

About This Home

As of February 2026

Wake up to panoramic ocean views and the sound of the surf in this beautifully upgraded, oceanfront 2-bedroom, 2-bath condo in the coveted Pacific Panorama community. Ideally positioned just steps from beach access, this light-filled residence offers sweeping coastal vistas and two private balconies to take in sea breezes and unforgettable sunsets. The interior showcases vaulted wood-beam ceilings, rich wood flooring, skylights, and newly installed windows and sliding doors that flood the home with natural light. The updated kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, breakfast bar, wine rack, and a new Whirlpool dishwasher. Additional highlights include in-unit laundry with a new ventless dryer, upgraded bath with glass shower door, and thoughtful appointments throughout. Set within a serene, gated oceanfront complex with lush grounds and a sparkling pool, the property includes two side-by-side parking spaces for convenience. Located in the heart of Encinitas near Historic Highway 101, the train station, Swami’s, Moonlight Beach, and the area’s best dining and shopping, this residence delivers the ultimate coastal lifestyle. Offered fully furnished and move-in ready—ideal as a primary residence, beach retreat, or high-quality rental. A rare opportunity to live where the ocean meets everyday life.

Last Agent to Rent the Property

Jason Taylor

eXp Realty of Southern California, Inc. License #01350447 Listed on: 01/12/2026

eXp Realty of Southern California, Inc.

Last Renter's Agent

Jason Taylor

eXp Realty of Southern California, Inc. License #01350447 Listed on: 01/12/2026

eXp Realty of Southern California, Inc.

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • No Units Above
  • Property is Fully Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 2 Bedrooms
  • 959 Sq Ft Home
  • 3-Story Property
  • Furnished

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool
  • In Ground Spa
  • Pool Equipment or Cover

Additional Features

  • Balcony
  • Radiant Heating System

Listing and Financial Details

  • Property Available on 1/12/26

Community Details

Recreation

  • Community Pool
  • Community Spa
  • Recreational Area

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Encinitas Subdivision
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2026-01-12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1980
  • Unit Levels: 3 Story
  • Property Sub Type: All Other Attached
  • Community Features: Gated Community, Pool, Recreation Area, Spa/Hot Tub
  • Frontage: Ocean/Bluff
  • SpaFeatures: Community/Common, Private Below Ground, Private w/Pool, Yes
  • Security Features: Gated Community
  • Co List Office Mls Id: 992198
  • Subdivision Name: ENCINITAS
  • Entry Level: 3
  • Living Area: 959.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-02-04T20:04:53Z
  • AgeRestrictions: N/K
  • Elevator: No
  • ExclusiveUseYard: No
  • FullAddress: 940 Sealane Drive 10
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Yes
  • Total Bedrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Washer

Exterior Features

  • Fencing: Full
  • Pool Features: Below Ground, Community/Common, Private
  • Common Walls: No Unit Above
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garaged Spaces: 2.0
  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: N/K
  • Heating: Radiant
  • Utilities: Sewer Connected
  • Laundry Features: Other/Remarks
  • HeatSource: Electric

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 29, 2025
Sold by
Ross Trust Family Trust and Ross Michael John
Bought by
Seranella Carrie L
Seller's Agent
Rosie Gross
Wisdom Properties
Buyer's Agent
Jason Taylor
eXp Realty of Southern California, Inc.
List Price
$1,895,000
Sold Price
$1,675,000
Premium/Discount to List
-$220,000
-11.61%
Views
42
Current Estimated Value
$1,637,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,205
Avg. Annual Appreciation
-2.80%

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 21, 2022
Sold by
Alberto Bessudo
Bought by
Ross Family Trust
Seller's Agent
Justin Kurtz
Swell Property
Buyer's Agent
Kathy Davis
The Mercier Group
List Price
$1,499,000
Sold Price
$1,385,000
Premium/Discount to List
-$114,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Nov 13, 2016
Sold by
Bessudo Rina
Bought by
Bessudo Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
May 17, 2013
Sold by
Kent Sabi and Kent Arlene
Bought by
Bessudo Alberto and Bessudo Rina
Seller's Agent
Joel Tarquin
K. Mark Bulla & Approved Mgmt.
Buyer's Agent
Lisette Omoss
Coastal Premier Properties
List Price
$670,000
Sold Price
$670,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$417,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2011
Closed on
Feb 3, 2012
Sold by
Prodromou Stavro E and Prodromou Amity
Bought by
Kent Sabi and Kent Arlene
Seller's Agent
Steve Schuette
First Team Real Estate
Buyer's Agent
Joel Tarquin
K. Mark Bulla & Approved Mgmt.
List Price
$569,000
Sold Price
$545,000
Premium/Discount to List
-$24,000
-4.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$270,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 2000
Sold by
Prodromou Stavro E
Bought by
Prodromou Stavro E and Prodromou Amity

Purchase Details

Closed on
Dec 23, 1998
Sold by
Rady Robin
Bought by
Rady Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Prodromou Amity
Bought by
Prodromou Stavro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1998
Sold by
Rady Donald
Bought by
Prodromou Stavro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1996
Sold by
Rady Robin
Bought by
Rady Donald

Purchase Details

Closed on
Jul 1, 1996
Sold by
Shinn Linda P
Bought by
Rady Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Seranella Carrie L $1,675,000 First American Title
Ross Family Trust $1,385,000 Chicago Title
Bessudo Alberto -- First American Title
Bessudo Alberto $670,000 Fidelity National Title
Kent Sabi $545,000 Fidelity National Title
Prodromou Stavro E -- --
Rady Donald -- Southland Title
Prodromou Stavro E -- Southland Title
Prodromou Stavro E $248,000 Southland Title
Rady Donald -- Fidelity National Title
Rady Donald $167,000 Fidelity National Title
-- $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bessudo Alberto $580,000
Previous Owner Bessudo Alberto $417,000
Previous Owner Kent Sabi $270,000
Previous Owner Prodromou Stavro E $198,400
Previous Owner Rady Donald $125,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 Rented $6,000 0.0% --
01/12/2026 01/12/26 For Rent $6,000 0.0% --
06/06/2025 06/06/25 Sold $1,675,000 -4.0% $1,747 / Sq Ft View Prior Sale
05/26/2025 05/26/25 Pending -- -- --
05/24/2025 05/24/25 Price Changed $1,745,000 -2.8% $1,820 / Sq Ft
05/10/2025 05/10/25 Price Changed $1,795,000 -5.3% $1,872 / Sq Ft
05/01/2025 05/01/25 For Sale $1,895,000 +36.8% $1,976 / Sq Ft
08/02/2022 08/02/22 Sold $1,385,000 0.0% $1,444 / Sq Ft View Prior Sale
07/21/2022 07/21/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $1,385,000 -7.6% $1,444 / Sq Ft
06/02/2022 06/02/22 For Sale $1,499,000 +123.7% $1,563 / Sq Ft
06/28/2013 06/28/13 Sold $670,000 0.0% $699 / Sq Ft View Prior Sale
05/10/2013 05/10/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $670,000 +22.9% $699 / Sq Ft
02/24/2012 02/24/12 Sold $545,000 -4.2% $568 / Sq Ft View Prior Sale
01/25/2012 01/25/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $569,000 -- $593 / Sq Ft
Source: San Diego MLS

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 $15,254 $1,440,954 $1,342,116 $98,838
2024 $15,254 $1,412,700 $1,315,800 $96,900
2023 $14,910 $1,385,000 $1,290,000 $95,000
2022 $8,484 $777,461 $673,030 $104,431
2021 $8,369 $762,218 $659,834 $102,384
2020 $8,293 $754,404 $653,069 $101,335
2019 $8,126 $739,613 $640,264 $99,349
2018 $8,025 $725,111 $627,710 $97,401
2017 $7,913 $710,894 $615,402 $95,492
2016 $7,678 $696,956 $603,336 $93,620
2015 $7,592 $686,488 $594,274 $92,214
2014 $7,469 $673,041 $582,633 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 2600858

San Diego MLS

APN: 258-172-23-10

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