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Lot/land
  • Listing Provided by: 

    Steven Berman DRE #02242051 408-202-0611,

    Lee & Associates

    $5,250,000

    534 Ocean View Ave, Encinitas, CA 92024

    --beds
    --baths
    0.74Acres
    Unimproved Land
    Built in ----
    0.74 Acres Lot
    $5,000,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Situated in the heart of coastal Encinitas, 534 Ocean View Avenue enjoys a premier location just blocks from the Pacific Ocean. Nestled within one of North County San Diego’s most sought-after beach communities, the property offers immediate proximity to Downtown Encinitas, Moonlight Beach, and the iconic Coast Highway 101 corridor—home to a vibrant mix of shops, restaurants, and local attractions. With excellent walkability, strong visibility, and quick access to Interstate 5 (less than a mile away), the site is perfectly positioned in a thriving, high-demand coastal market. A recently approved Tentative Parcel Map for a 2-lot subdivision unlocks the potential to develop two single-family residential homes and two ADUs on this 0.74-acre site. The property presents an outstanding opportunity for a luxury homebuilder or investor to deliver new product in a market with limited coastal inventory and exceptional buyer demand. With close proximity to the coast and walkable access to beachside amenities, this is a rare chance to acquire a development site in one of Southern California’s most dynamic and desirable coastal cities.
    176 days
    |
    255
    |
    3
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 10:19am

    Listing Provided by:

    Steven Berman DRE #02242051 408-202-0611,

    Lee & Associates

    Source: CRMLS,MLS#: NDP2511182MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 0.74 Acres
    • Dimensions: 0.74 acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 2561511900
    • Zoning: R-3: Residential 3
    • Special conditions: Standard

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Encinitas

    Financial & listing details

    • Tax assessed value: $2,496,960
    • Annual tax amount: $26,942
    • Date on market: 12/2/2025
    • Cumulative days on market: 176 days
    • Listing terms: Cash,Conventional,1031 Exchange,Government Loan

    Estimated market value

    $5,000,400

    $4.75M - $5.25M

    $4,228/mo

    Price history

    Price history
    DateEventPrice
    12/2/2025Listed for sale$5,250,000
    Source: CRMLS #NDP2511182 Report a problem
    11/29/2025Listing removed$5,250,000
    Source: SDMLS #NDP2505905 Report a problem
    6/23/2025Listed for sale$5,250,000+118.8%
    Source: SDMLS #NDP2505905 Report a problem
    10/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/19/2023Listed for rent$3,495+9.4%
    Source: Zillow Rentals Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$26,942 +3.7%$2,496,960 +2%
    2024$25,986 +2.3%$2,448,000 +2%
    2023$25,395 +2542%$2,400,000 +2779.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 92024

    Nearby schools

    GreatSchools rating

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