Listed by Kyle Murphy•DRE #01847767• Coldwell Banker Realty
Listed by Janet McCollough•DRE #00887068• Coldwell Banker Realty
Contact: kyle@dirtrealtor.com
For sale
$4,000,000
Est. $25,688/mo —
2
bd
•
1 ba
•
1,170
sq ft
1355 Rainbow Ridge Ln, Encinitas, CA 92024
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About this home
Looking for outstanding views and acreage (1.72 Ac. ), where vivid sunrises and dynamic sunsets are an everyday occurrence? This is it! First time on the market in over 50 years, opportunities like this are truly rare. Perched atop a hill with unbeatable backcountry views of Indian Head Canyon and Encinitas Ranch Golf Course, combined with excellent westerly views toward the ocean, this property offers a breathtaking setting from sunrise to sunset. This gated flag-lot parcel spans 1.72 acres in coastal Leucadia, offering exceptional privacy. You’ll be amazed by how much of the land is flat and usable, perfect for creating a legacy family compound, with the potential to subdivide into two oversized parcels. Current zoning is RR2 (Rural Residential—2 units per acre), with a minimum lot size of 21,500 sq. ft. The well-maintained original concrete block home has been tastefully updated over time and could potentially be retained as fantastic guest quarters. Located near the south end of Rainbow Ridge Lane, the property includes a clicker to a private gate providing convenient ingress and egress to the south, a luxury enjoyed only by this section of the street. This is a once-in-a-lifetime opportunity to enjoy the ultimate coastal lifestyle, with the beach just minutes away, along with great restaurants, shopping, and easy freeway access.
Rural Residential 2 is intended to provide for low density single-family detached residential units with minimum lot sizes of 21,500 net sq ft and maximum densities of 2 units per net acre, as a transition from the rural to the more suburban areas within the City. One primary dwelling is permitted on each legal lot. Single-family units may be attached to other single-family units provided each unit is located on a separate legal lot with approval of a PRD.
Zone overlays
Cultural/Natural Resources Overlay Zone
Hillside/Inland Bluff Overlay Zone
Permitted uses
Include but are not limited to:
Equestrian facility
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Agriculture-Pastureland
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
7 days above 85° expected this year, 21 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
72
63
77
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1355 Rainbow Ridge Ln
$3,754,591
$245K under list price of $4.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.4M to $4.6M.