Located on one of the most coveted oceanfront streets in Encinitas, 515 Neptune Avenue presents a rare chance to own a property in this highly sought-after coastal enclave. Just steps from the sand and surf, this home offers some ocean views and endless potential. Set on an expansive 11,000+ sq. ft. lot, the property features a spacious main residence complemented by a single-level 2-bedroom, 1-bath ADU, ideal for multi-generational living, extended guests, or income potential. Outdoor living shines with a Pebble Tec pool and plenty of space to re-envision your own private retreat. Additional highlights include an attached 2-car garage and the versatility to either refresh the existing home or design a brand-new custom coastal estate. This property represents more than a home—it’s an opportunity to remodel or build new in one of the most desirable locations along the Southern California coastline.
Multi-familyProperty Type
1985Year Built
0.27 acresLot Size
$1,100Est. Price/Sq.Ft.
2 car garageParking
Listed by James Jam•DRE #01053459• Berkshire Hathaway HomeService
Contact: james@jamesjam.com
Bought with James Jam•DRE #01053459• Berkshire Hathaway HomeService
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,209 Sq. Ft.
Year renovated
1985
Sq. Ft.
3,191
Year built
1985
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
2562621900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RS11
Residential RS-11 Zone
Residential RS-11 is intended to provide for single-family detached residential units with minimum lot sizes of 3,950 net square feet and maximum densities of 11 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
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
In Closet
Bathroom Information
# of Baths (Full): 4
Room Information
See Remarks
Interior Features
Entry Level: 1
Entry Location: Front door
Levels: Two
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Multi-Unit Information
# of Units In Community: 2
Exterior
Exterior Features
Pool Features: In Ground
Has Pool
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Landscaped
Property Information
Common Walls: 1 common wall
Living Area Source: Assessor's Data
Parcel Number: 2562621900
Attached Property
Total # of Stories: 2
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Public Sewer
Location
Neighborhood Information
Community Features: Sidewalks, Street Lighting
School Information
High School District: San Dieguito Union
Location Information
Latitude: 33.05809300
Longitude: -117.30140000
Directions: Cross street: El Portal Street
Zoning: R-1
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,191
Stories: 2.0
Lot Size: 7,209 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1985
Year Renovated: 1985
County: San Diego County
APN: 2562621900
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: james@jamesjam.com
Days Active in MLS: 34
Continuous Days Active in MLS: 34
Listing Agent Information
List Agent First Name: James
List Agent Last Name: Jam
Listing Office Information
List Office Name: Berkshire Hathaway HomeService
Selling Agent Information
Buyer Agent First Name: James
Buyer Agent Last Name: Jam
Selling Office Information
Buyer Office Name: Berkshire Hathaway HomeService
Around this home
Schools
Paul Ecke-Central Elementary School
Public K-6 • Assigned • 0.2mi
9/10
Diegueno Middle School
Public 7-8 • Assigned • 3.5mi
9/10
La Costa Canyon High School
Public 9-12 • Assigned • 4.3mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 84° expected this year, 18 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
75
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.
8.7 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.34M – $4.04M
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