A Coastal Masterpiece, this luxury estate represents the final chapter of California's golden age of coastal development. Over a quarter-century in the making, this site was selected for its exceptional bluff positioning 65 feet above the water, offering a unique vantage point unlike any other delivering views superior to properties directly on the waterline. The architectural narrative unfolds through a dramatic multi-story entry, where an 800-pound pivot door yields to the unfurling of an endless ocean view. A commercial grade elevator provides seamless vertical integration to all four floors, while walls of glass and steel frame infinity views of the Pacific from La Jolla to Dana Point. Along the private direct beach access sit bluff side terraces; private sanctuaries positioned 30 feet above the water. Three Tesla Powerwalls anchor a comprehensive energy management system, while 44 solar panels ensure sustainable operation of the integrated Savant home automation system. The entertainment spaces include a state of the art theater featuring a 15 foot microLED video wall anchoring the media room additionally complemented by wellness amenities including a private gymnasium, sauna, and temperature-controlled walk in wine cellar. The primary suite crowns the residence with a deck inspired by a mega yacht's bow wrapped in rainforest teak floating above the Pacific Ocean. Built under a 2008 coastal permit that preceded transformative 2012 sea level rise regulations, this opportunity represents an unrepeatable opportunity that is, quite literally the first and last of its kind. This property transcends borders along the entirety of the California coastline. It represents the acquisition of an irreplaceable coastal legacy, a sophisticated retreat engineered for discerning individuals who understand that true luxury lies not merely in amenities, but in exclusivity, positioning, and the profound satisfaction of owning something that can never be replicated. For the astute collector of exceptional properties, this residence offers something beyond real estate, it provides entry into an exclusive club of coastal stewardship that, by regulatory design, will never accept new members.
Leucadia, located between Carlsbad and Cardiff-by-the-Sea, is a coastal and laid-back Encinitas neighborhood with a surf-break shoreline and a low-slung, eclectic streetscape. The neighborhood’s character concentrates around North Coast Highway 101 at Leucadia Boulevard, where taco counters, coffee windows, plant shops, and small galleries line the sidewalk. Mid-century cottages, beach bungalows, and contemporary infill sit behind palms and privacy hedges, giving many blocks a tucked-away feel. Beacon’s Beach and Grandview Surf Beach set the daily rhythm with blufftop paths and stairway access to the sand. Local pillars like Pannikin Coffee & Tea, Leucadia Farmers Market, and the historic La Paloma Theatre anchor the area’s creative, beach-town cadence.
Provided by Walk Score and Local Logic
Market insights
1230 Neptune Ave · $22,880,000
DAYS ON MARKET
77 days
The average home goes pending in 27 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$22,880,000
Median list price in this area is $1,081,687. (95% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Three electric fireplaces (double-sided)
Basement with sump pump
Bedrooms
Up to 4 bedrooms
Bathrooms
4 full bathrooms
3 half bathrooms
Kitchen
Dishwasher
Disposal
Double oven
Electric cooktop
Warming drawer
Microwave
Refrigerator
Freezer
Water purifier
Vented exhaust fan
Gas water heater
Laundry & utility
Washer and dryer included
Water softener
Flooring
Ceramic tile
Wood
Heating & cooling
Forced air heating (electric)
Zoned cooling
Central air
Exterior features
Barbecue
Balcony
Partial fencing
On the waterfront
Has view
Solar generation
Automatic, drip, manual and sprinkler irrigation
Home design
Single family residence (detached)
4 stories
Stone veneer exterior
Oceanfront frontage
Parking
Attached 2-car garage
Total 4 parking spaces
Attached parking
Security
Security system
Security gate
Carbon monoxide detectors
Smoke detectors
Fire sprinkler system
Construction
Composition roof
Utilities
Sewer connected
Water connected
Electricity available and connected
Cable connected
Electricity and solar
View estimated energy costs and solar savings for this home
Residential 11 is intended to provide for a variety of residential development types found within the coastal areas, ranging from single-family detached units to single-family attached units, such as condominiums, townhouses, and senior housing. The minimum lot size is 3,950 net square feet and the maximum density is 11 units per net acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
5 days above 85° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Encinitas, CA • 92024
Average low and high temperatures (°F)
68
46
68
49
70
51
68
53
70
58
73
62
77
64
75
64
75
65
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Encinitas. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1230 Neptune Ave
$21,686,423
$1.2M under list price of $22.9M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.9M to $5.9M.