STREET OF DREAMS! Located in the beach town of Leucadia features 2 units! Main unit is 4 Bd/2Ba approx 2,000+ sqft. with vaulted wood beamed ceilings, huge living room with a view deck, 4 large bedrooms and fantastic outdoor living spaces. Upper 2Bd/1Ba unit has vaulted ceilings large living room with wood deck overlooking Neptune Ave. Perfect to continue as investment/vacation rental, a dream home or both! Peek ocean view from upstairs unit. Short walk to Beacon's Beach, tasty restaurants and shops.
Multi-familyProperty Type
2010Year Built
5,227 sq ftLot Size
$980Price/Sq.Ft.
1 spaceParking
Listed by Hamit Kilic•DRE #01969492• Homes of San Diego
•858-232-6826 (agent)
•htkilic@yahoo.com (agent)
Listed by Joe McLaughlin•DRE #01323810• Homes of San Diego
Bought with Polly Rogers•DRE #00637691• Pacific Sotheby's Int'l Realty
•858-774-2505 (agent)
•polly@pollyrogers.com (agent)
Source:SDMLS #180028782
Redfin Estimate
Unfortunately, we don't have enough data to generate an accurate Estimate at this time.
STREET OF DREAMS! Located in the beach town of Leucadia features 2 units! Main unit is 4 Bd/2Ba approx 2,000+ sqft. with vaulted wood beamed ceilings, huge living room with a view deck, 4 large bedrooms and fantastic outdoor living spaces. Upper 2Bd/1Ba unit has vaulted ceilings large living room with wood deck overlooking Neptune Ave. Perfect to continue as investment/vacation rental, a dream home or both! Peek ocean view from upstairs unit. Short walk to Beacon's Beach, tasty restaurants and shops.
SDMLS #160032716
Jan 11, 2017
Sold
$1,800,000
$588/sq ft
Nov 15, 2016
Pending
—
Oct 19, 2016
Relisted
—
Sep 30, 2016
Pending
—
Jun 24, 2016
Price Changed
$1,999,999
$654/sq ft
Jun 15, 2016
Listed
$2,395,000
$783/sq ft
729-731 Neptune Ave is located on one of the most desirable and peaceful oceanfront streets in San Diego County. Located in Leucadia, this property is zoned R2 and ready to remodel for investment property or to build your dream home. This home features 2 units: 4Bdrm/2Ba downstairs & 2Bdrm/1Ba upstairs. Each unit has a loft area. Peek-a-boo Ocean view from the upper unit. Just a short stroll to Beacon's Beach, shops and restaurants.
SDMLS #301718663
Jan 10, 2017
Sold
$1,800,000
$588/sq ft
Jun 8, 2016
Listed
$1,999,999
$654/sq ft
Public Records
Dec 14, 1978
Sold
$180,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$41,229 (+14.9%)
$2,760,201 + $1,012,774
$3,772,975
2024
$35,887 (+5.7%)
$2,706,080 + $992,916
$3,698,996
2023
$33,961 (+2.2%)
$2,653,020 + $615,604
$3,268,624
2022
$33,224 (+33.1%)
$2,601,000 + $520,200
$3,121,200
2021
$24,959 (+1.5%)
$2,550,000 + $510,000
$3,060,000
2020
$24,586 (+2.1%)
$2,061,134 + $206,113
$2,267,247
2019
$24,090 (+19.1%)
$2,040,000 + $204,000
$2,244,000
2018
$20,230 (+315.5%)
$2,000,000 + $200,000
$2,200,000
2017
$4,868 (−69.9%)
$174,916 + $208,759
$383,675
2016
$16,195 (+256.6%)
$174,916 + $208,759
$383,675
2015
$4,541 (+3.0%)
$1,269,062 + $203,050
$1,472,112
2014
$4,408 (+0.2%)
$165,604 + $197,644
$363,248
2013
$4,397 (+4.8%)
$165,604 + $197,644
$363,248
2012
$4,196 (+1.8%)
$164,856 + $196,751
$361,607
2011
$4,123 (+0.7%)
$161,624 + $192,894
$354,518
2010
$4,096 (+1.0%)
$158,455 + $189,112
$347,567
2009
$4,056 (+3.0%)
$157,271 + $187,699
$344,970
2008
$3,938
$157,645 + $188,145
$345,790
Tax history for 729 Neptune Ave #33
Year
Property tax
Land + Additions
Assessment*
2025
$41,229 (+14.9%)
$2,760,201 + $1,012,774
$3,772,975
2024
$35,887 (+5.7%)
$2,706,080 + $992,916
$3,698,996
2023
$33,961 (+2.2%)
$2,653,020 + $615,604
$3,268,624
2022
$33,224 (+33.1%)
$2,601,000 + $520,200
$3,121,200
2021
$24,959 (+1.5%)
$2,550,000 + $510,000
$3,060,000
2020
$24,586 (+2.1%)
$2,061,134 + $206,113
$2,267,247
2019
$24,090 (+19.1%)
$2,040,000 + $204,000
$2,244,000
2018
$20,230 (+315.5%)
$2,000,000 + $200,000
$2,200,000
2017
$4,868 (−69.9%)
$174,916 + $208,759
$383,675
2016
$16,195 (+256.6%)
$174,916 + $208,759
$383,675
2015
$4,541 (+3.0%)
$1,269,062 + $203,050
$1,472,112
2014
$4,408 (+0.2%)
$165,604 + $197,644
$363,248
2013
$4,397 (+4.8%)
$165,604 + $197,644
$363,248
2012
$4,196 (+1.8%)
$164,856 + $196,751
$361,607
2011
$4,123 (+0.7%)
$161,624 + $192,894
$354,518
2010
$4,096 (+1.0%)
$158,455 + $189,112
$347,567
2009
$4,056 (+3.0%)
$157,271 + $187,699
$344,970
2008
$3,938
$157,645 + $188,145
$345,790
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Exterior
Property Information
Subdivision Name: SOUTH COAST PARK
Living Sq. Ft: 3,060
Building Sq. Ft: 3,488
# of Units: 3
Legal Description: (EX HWY OP)NLY 55 FT MA R/A OF BLK G TR 1935
Parking & Garage Information
# of Parking Spaces: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,227
Legal Block Number: G
Acres: 0.12
Zoning Code: R2
County Use Description: MULTI-RESID 2-4
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 3,060
Stories: —
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2010
Year Renovated: 2010
County: San Diego County
APN: 2560520300
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
K - 12
Preschool & daycare
Paul Ecke-Central Elementary School
Public K-6 • Assigned • 0.4mi
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
7/10 Flood Factor
Estimated 73-81% chance 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
6 days above 84° expected this year, 16 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
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
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