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$7,850,000   Price Analysis
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1046-48 Neptune Ave
Encinitas, CA 92024
Unknown bed None bath 3,421 SqFt ($2294/SqFt)
9,233SqFt lot. Built 1974
Listed 2024-06-04, Taxes $4,321
Ⓧ USDA Ineligible
due to price & location

near Encinitas

First time on the market

Here is your opportunity to enjoy limitless panoramic ocean views, pleasing sunsets, nice ocean breezes and daily dolphin shws from the comfort of your living room. This spectacular home was designed, built and has been lovingly cared for by legendary surfer and waterman Kit Horn and his wife Gwen. Kit, known for being a big wave surfing pioneer in California and Hawaii, chose this place to call home and raise his family. Gwen designed this unique Brand new England Cape Cod Style ocean front home, which has private stairs down a gently sloping bluff to the beach. Nearly a quarter acre, this property offers 50 feet of beach frontage. The main level of the home is highlighted by an oversized fantastic room with breathtaking ocean views on one side and a pretty rock fireplace on the other flanked by wood bookshelves.

There is an additional fireplace located in the kitchen/breakfast eating area. The expansive primary bedroom that measures 40' x 16' offers a fireplace, wood ceiling that peaks at 13' high and multiple sliders leading to your expansive deck looking west. The second floor also included a large primary bath and secondary bedroom. The wood ceilings and skylights add to this distinctive home. Included with this home is an oversize additional unit with a fireplace, full kitchen and tall wood ceiling. Both units are under the same roof so this could be reconfigured easily to join the main house. This beautiful home is positioned over looking the Beacons North Reef surf break and is near the vibrant 101 Corridor with numerous outstanding restaurants, pubs and eclectic shops. You'll enjoy long strolls on the sand, surfing fun waves and countless sunsets. Living here makes you never want to leave home.


Presented by Kyle Murphy at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #NDP2404822 from CRMLS

Laundry Features: In Garage

Fireplace Features: Kitchen, Living Room, Primary Bedroom
Heating Features: Fireplace(s), Forced Air
Heating: Yes

Beach Access
Ocean Access
Beach Front
Ocean Front

Lot Description: Waterfront
Lot Size Acres: 0.2119605
Lot Size Dimensions: 53' x 194' x 50' x 175'
Lot Size Source: Assessor
Lot Size Square Feet: 9233

Garage Spaces: 3
Parking Total: 3

View: Coastline, Ocean, Panoramic, Water, White Water

Number of Units: 2

Calculated Total Monthly Association Fees: 0

Community Features: Fishing, Watersports

Source Listing Status: Active
County: San Diego
Source Property Type: Residential Income
Area: 92024 - Encinitas
Source Neighborhood: 92024 - Encinitas
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 2542912300
Zoning: R11
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$228,791 + $88,796
$317,587
$4,321
2022$224,305 + $87,055
$311,360
$4,167
2021$219,907 + $85,349
$305,256
$4,046
2020$217,653 + $84,474
$302,127
$3,936
2019$213,386 + $82,818
$296,204
$3,868
2018$209,202 + $81,195
$290,397
$3,803
2017$205,100 + $79,603
$284,703
$3,745
2016$201,079 + $78,043
$279,122
$3,645
2015$198,059 + $76,871
$274,930
$3,540
2014$194,180 + $75,366
$269,546
$3,427
2013$193,303 + $75,026
$268,329
$3,405
2012$189,513 + $73,555
$263,068
$3,256
2010$185,798 + $72,113
$257,911
$3,181
2009$184,849 + $71,746
$256,595
$3,140
2009$184,410 + $71,575
$255,985
$3,140
2008$181,225 + $70,340
$251,565
$3,040
2007$177,672 + $68,961
$246,633
$2,952

Listed 2024-06-04
$7,850,000
CRMLS

Total Square Feet Living: 3421
Year Built: 1974
Building Features: 1
Common Walls: 1 Common Wall
Direction Faces: West
Entry Level: 1
Entry Location: 1
Property Age: 50
Property Attached: Yes
Building Total Stories: 2
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00

Paul Ecke-Central Elementary School is a public elementary school located approximately 0.8 miles away.
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Diegueno Middle School is a public middle school located approximately 3.8 miles away.
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La Costa Canyon High School is a public high school located approximately 4.4 miles away.
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Intelligent Choice Educational Center is a private middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.