Listed by Steven Berman•DRE #02242051• Lee & Associates
Listed by Al Apuzzo•DRE #01323215• Lee & Associates
Contact: 408-202-0611
For sale
$4,995,000
Est. $33,082/mo —
3
bd
•
2 ba
•
1,352
sq ft
534 Ocean View Ave, Encinitas, CA 92024
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About this home
Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.
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
534 Ocean View Ave · $4,995,000
$4.99M and above
75% chance or better to win
Why $4.99M+ is a strong offer
DAYS ON MARKET
47 days
The average home goes pending in 24 days.
SALE-TO-LIST
99.4%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
Front door entry
Multi/split levels
Main-level primary bedroom
Great room
Family room
Entry
Bedrooms
Three main-level bedrooms
Primary bedroom on main floor
Bathrooms
Two full bathrooms (both on main level)
Laundry & utility
Laundry in garage
Washer included
Dryer included
Exterior features
No pool
Has view
Lot in 2–5 units per acre density (per public records)
Home design
Two-story building
No common walls
Parking
Attached 2-car garage
Two parking spaces total
Utilities
Septic tank sewer
HOA & community
Community features include curbs, sidewalks, storm drains, biking, dog park; rural setting
Other
Zoned R3
One unit in the community
Lot size source: public records
Living area source: public records
Electricity and solar
View estimated energy costs and solar savings for this home
Residential 3 is intended to provide for single-family detached residential units with minimum lot sizes of 14,500 net square feet and maximum densities of three units per net acre, as a rural to suburban transition. 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
Scenic Visual Corridor overlay zone
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
7 days above 84° expected this year, 20 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
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Encinitas. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 534 Ocean View Ave
$4,722,953
$272K under list price of $5.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.2M to $5.4M.