Active

1629 1631 Neptune Avenue

Encinitas CA, 92024

$5,750,000


$1,497.40 per sqft

Active

3,840 sqft

Condo

Built in 1978

Listed by Stephen Scola with The Scola Company 858-254-4819

2-Condo Family Beach Complex Prime Location AND income opportunity...WOW! Imagine living just 1 block to beach access, spectacular white-water & sunset views, a choice Neptune Avenue setting, and short walks to eclectic shopping, farmer's markets, coffee houses, and hipster cafes - this property perfectly represents the importance of a great location, how the right setting is paramount for both investment value and quality of life for its residents. In addition, every inch of the entire complex has been creatively designed and is beautifully furnished, making this a perfect multi-generational family compound, instant income opportunity, or both. Grandview Lofts (GVL) is a resort-like complex of 2 condominium homes on one large and quiet 6007 SF trophy lot just 1 block from the Grandview Beach entrance in Encinitas. Being sold together, GVL is 2 addresses and 2 levels - both with spectacular ocean views, spacious sun decks, and open concept living. GVL has 3840 SF of total living space plus a large private back yard with outdoor room & kitchen. The entire complex is accessed from the parking area through an electronic security gate to ensure everyone's safety and privacy. As you enter each condo, you are greeted with large ocean views and an open concept kitchen, living room, and dining area for entertaining. Ocean views, sea breezes, sounds of waves, and natural light are ever-present throughout. Each home has a dedicated sundeck to enjoy the majestic ocean and breathtaking sunsets. All the bedrooms are sizeable, bright, airy, and quiet - and all the bathrooms and walk-in showers are quality appointed. There are 3 enclosed garages along with plenty of on-site parking - perfect for extended family, visitors, or tenants. A 2017 remodel addressed soundproofing, quality appliances, A/C, networking, landscape, hardscape, and much more. Each condo has its own turnkey income opportunity (a built-in 600 SF apartment w/private entrance) and the GVL complex has a 5-year history operating as 4 rentable units (3 short term, 1 long term) . This property is as unique as it is desirable - don't miss out on this rare opportunity to secure your perfect family beach compound!

NDP2400344

MLS ID

January 10, 2024

Listed

February 16, 2024

Updated

Map

1629 1631 Neptune Avenue
Encinitas CA, 92024

Interior Features

Total Stories

2


Laundry Description

Common Area, Inside, Stacked


Fireplace

No


Cooling

Yes


Cooling Description

Electric, Gas


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Yard


Architectual Style

Modern


Sewer

Public Sewer

Other Property Details

Area Name

92024 - Encinitas


Association Fee

Not Listed


Garage

Yes


Garage Spaces

3


Parking Total

3


View

Yes


View Description

Ocean


County

San Diego


Water Source

Public


Pool

No


Pool Features

None


Zoning

CONDOMINIUM-RESIDENTIAL


Buyer Agency Compensation

2%

Listing Contact: 858-254-4819 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:21 AM UTC

 

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