Rare Contractor or Development Opportunity! Located west of I-5 in beautiful Leucadia, this half-acre property offers exceptional potential in a prime location. Create your ideal coastal compound, maximize income potential or build your dream home by the beach. The SB9 (Home Act) may allow two single-family homes and lot to be split into two parcels. The light and bright 2/1, 1020 sq ft main residence is surrounded by a spacious deck and inviting outdoor patio with built-in fireplace, perfect for relaxing or entertaining. There are two detached secondary units on the property including a 650 sqft 1/1 and a 270 sqft converted 1/1 + loft garage. The property includes raised garden beds, avocado, pomegranate and citrus trees and solar. Located near the vibrant downtown Leucadia corridor where new improvements include additional roundabouts, off-street parking, and planned underpasses for improved beach access. Walking distance to gorgeous beaches, the Coaster, Farmers Market, Orpheus dog park and 1.5 miles to Encinitas Ranch Golf Course. Property was recently appraised at $2,450,000! This is the opportunity you have been waiting for.
For sale
Listing Provided by:
Kara Brem DRE #01939667 831-818-3050,
Windermere Real Estate
Price cut: $100K (1/9)
$2,200,000
697 Ocean View Ave, Encinitas, CA 92024
4beds
1,622sqft
Est.:
Single Family Residence
Built in 1953
0.51 Acres Lot
$2,130,000 Zestimate®
$1,356/sqft
$-- HOA
What's special
- 83 days |
- 3,517 |
- 135 |
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 09:01am
Listing Provided by:
Kara Brem DRE #01939667 831-818-3050,
Windermere Real Estate
Source: CRMLS,MLS#: NDP2510658
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Heating
- See Remarks
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: See Remarks
Features
- All Bedrooms Down, Main Level Primary
- Flooring: Wood
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,622 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: front door
- Patio & porch: Deck, Front Porch
- Pool features: None
- Has view: Yes
Lot
- Size: 0.51 Acres
- Features: 0-1 Unit/Acre, Garden, Near Park, Near Public Transit, Rectangular Lot, Value In Land
Details
- Additional structures: Guest House
- Parcel number: 2561213200
- Zoning: Residential 3 (R-3). SB9
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Community & HOA
Community
- Features: Suburban, Park
Location
- Region: Encinitas
Financial & listing details
- Price per square foot: $1,356/sqft
- Tax assessed value: $730,257
- Annual tax amount: $7,869
- Date on market: 11/6/2025
- Cumulative days on market: 83 days
- Listing terms: Cash,Conventional
- Inclusions: washer, dryer, fridge, solar
Estimated market value
$2,130,000
$2.02M - $2.24M
$5,651/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Price change | $2,200,000-4.3%$1,356/sqft |
Source:  CRMLS #NDP2510658 Report a problem | ||
| 11/7/2025 | Listed for sale | $2,300,000+303.5%$1,418/sqft |
Source: CRMLS #NDP2510658 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/12/2018 | Listing removed | $1,500$1/sqft |
Source: Owner Report a problem | ||
| 12/1/2018 | Listed for rent | $1,500$1/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,869 +3.7% | $730,257 +2% |
| 2024 | $7,588 +2.4% | $715,939 +2% |
| 2023 | $7,413 +2% | $701,902 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,775/mo
Principal & interest
$10860
Property taxes
$2145
Home insurance
$770
Climate risks
Neighborhood: 92024
Nearby schools
GreatSchools rating
- 7/10Paul Ecke-Central Elementary SchoolGrades: K-6Distance: 0.4 mi
- 7/10Diegueno Middle SchoolGrades: 7-8Distance: 2.9 mi
- 9/10La Costa Canyon High SchoolGrades: 9-12Distance: 3.8 mi
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