Oceanfront legacy meets massive equity opportunity on the premier south end of Neptune Ave, just steps from the heartbeat of downtown Encinitas. This prime location offers a lifestyle defined by immediate proximity to boutiques, award-winning dining, world-class surf breaks, local coffee roasters, and miles of sandy beaches. The expansive estate spans from the ocean waves to Neptune Ave, offering over 6,800 square feet of high-volume interior space along with a guest house. The property’s incredible scale represents a premier land-banking opportunity in one of the coast’s most coveted locations. With soaring vaulted ceilings, a rare 5-car garage, and a footprint designed for a world-class legacy compound, the infrastructure is perfectly positioned for the visionary buyer. Capitalize on this long-term appreciation holding while reimagining an architectural canvas into a record-setting coastal masterpiece. Some images in this listing have been generated using artificial intelligence for illustrative purposes. Actual property conditions differ. Actual images have been included in this listing.
Single-familyProperty Type
1971Year Built
6,374 sq ftLot Size
$1,020Price/Sq.Ft.
5 car garageParking
Listed by Brandy Nuschy•DRE #02110386• Compass
•858-395-4621 (agent)
•brandy.nuschy@compass.com (agent)
Listed by Kurtney Wolters Noonan•DRE #01315797• Compass
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
Offer insights
200-2 Neptune Ave · $6,995,000
$6.83M and above
75% chance or better to win
Why $6.83M+ is a strong offer
DAYS ON MARKET
194 days
The average home goes pending in 28 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Dining
Interior features
Five fireplaces with gas starters; masonry and outdoor fireplace options
Has a view
Bedrooms
Up to 6 bedrooms possible
Bathrooms
4 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Disposal
Double oven
Cooktop (gas cooktop)
Microwave
Refrigerator
Ice maker
Laundry & utility
Washer
Dryer
Exterior features
Wood fencing
Wood roof
Outdoor fireplace
Lot in the 4,000–7,499 SF range
Subdivision: ENCINITAS
Cross street: Roseta St.
Home design
Single family residence (detached)
Residential property
4 stories
Parking
Attached garage with garage door opener
Total 5 parking spaces (5 garage spaces)
Construction
Stucco construction
Utilities
Sewer connected
Other
Zoning: R-2:MINOR
Listing broker: Compass
Electricity and solar
View estimated energy costs and solar savings for this home
Oceanfront legacy meets massive equity opportunity on the premier south end of Neptune Ave, just steps from the heartbeat of downtown Encinitas. This prime location offers a lifestyle defined by immediate proximity to boutiques, award-winning dining, world-class surf breaks, local coffee roasters, and miles of sandy beaches. The expansive estate spans from the ocean waves to Neptune Ave, offering over 6,800 square feet of high-volume interior space along with a guest house. The property’s incredible scale represents a premier land-banking opportunity in one of the coast’s most coveted locations. With soaring vaulted ceilings, a rare 5-car garage, and a footprint designed for a world-class legacy compound, the infrastructure is perfectly positioned for the visionary buyer. Capitalize on this long-term appreciation holding while reimagining an architectural canvas into a record-setting coastal masterpiece. Some images in this listing have been generated using artificial intelligence for illustrative purposes. Actual property conditions differ. Actual images have been included in this listing.
SDMLS #260008806
Jul 21, 2026
Price Changed
$6,995,000
$1,020/sq ft
Apr 14, 2026
Listed
$7,995,000
$1,166/sq ft
CRMLS #NDP2601117
Mar 18, 2026
Listing Removed
—
Feb 4, 2026
Listed
$8,995,000
$1,312/sq ft
CRMLS #NDP2507550
Mar 18, 2026
Listing Removed
—
Feb 3, 2026
Price Changed
$8,995,000
$1,312/sq ft
Jul 31, 2025
Listed
$9,995,000
$1,457/sq ft
CRMLS #31033280
Jun 1, 2004
Listing Removed
—
Jun 10, 2003
Listed
$5,250,000
$766/sq ft
CRMLS #981013736
Sep 29, 1999
Listing Removed
—
Jul 29, 1998
Listed
$1,794,876
$262/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
San Diego County
APN
2563522000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on May 21, 2023.
R8
Residential 8 Zone
Residential 8 is intended to provide for suburban single-family detached residential units with minimum lot sizes of 5,400 net square feet and maximum densities of eight units per net acre. 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.
Permitted uses
Include but are not limited to:
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
5 days above 84° expected this year, 13 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
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Encinitas. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
12.1 hrs
8.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 200-2 Neptune Ave
$6,494,012
$501K under list price of $7.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.8M to $8.7M.