Under contract
Active Under Contract
1629 1631 Neptune Avenue
Encinitas CA, 92024
$5,799,000
$1,510.16 per sqft
Under contract
Active Under Contract
6 Beds
6 Baths
3,840 sqft
Condo
Built in 1978
Listed by Peter Antinucci with Swell Property 619-917-3433
Welcome to 1629-1631 Neptune Ave, two remarkable turn-key ocean view homes that offer the epitome of coastal lifestyle, combined with an excellent investment opportunity. Please dive into the 3D matter port VIRTUAL TOUR to experience the exceptional layout! Video Tour also available! 2 properties with 2 distinct APN's being sold together. Price is for both units. This unique property offers potential owners the rare chance to own a piece of the coveted ocean view lifestyle, with the added advantage of a versatile living arrangement, cashflow and equity upside. All furniture and personal property convey! Each unit is a gem in its own right, featuring a primary living space with ocean views, alongside a junior units with separate entry. The junior units can flow seamlessly with primary units or can be closed off to cater to a variety of living situations. Whether you're looking to establish a multi-generational family compound, occupy one unit while renting the others, or capitalize on both for a mix of rental income and Neptune equity appreciation, this property does it all with unmatched flexibility. The views from 1629-1631 Neptune Ave are nothing short of spectacular, offering residents a stunning panorama of the ocean's majesty. The property sits merely steps away from Grandview Beach, making it a haven for beach and ocean lovers. The bustling Neptune Avenue presents a delightful tableau of everyday coastal life that becomes a source of entertainment in itself. The avenue buzzes with an eclectic mix of people, from joggers and dog walkers to cyclists and surfers, creating a vibrant, lively atmosphere that embodies the essence of beachside community living. Each unit is exceptionally appointed, boasting high-quality finishes and furnishings throughout, and each comes with it's own washer dryer. There is a large separate laundry and storage room as well. Currently utilized as a vacation rental business, this property comes with a proven track record of profitability, with all financials ready to be presented to potential buyers, and future cash flow already booked! All personal property conveys to the new owner, and presents a truly unique, turn-key business opportunity. The level of care and attention is exceptionally rare and ensures that the transition to new ownership will be as seamless as possible, allowing you to enjoying the property and/or generate income immediately. Weather it will be you or your guests, 1629-1631 Neptune Ave offers experiences where the beauty of nature meets the comfort of luxury living. It's an invitation to wake up every day to breathtaking ocean views, to stroll mere steps to the sand, and to be a part of a vibrant community that appreciates the outdoors and all it has to offer. This property is a rare find; an amazing investment opportunity coupled with a lifestyle choice that promises endless possibilities.
NDP2404231
MLSⓇ ID
May 16, 2024
Listed
October 4, 2024
Updated
Map
1629 1631 Neptune Avenue
Encinitas CA, 92024
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Bedroom on Main Level, Loft, Main Level Primary, Multiple Primary Suites
Appliances
Dryer, Washer
Laundry Description
Laundry Room, See Remarks
Floor Description
Tile
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Zoned
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
11-15 Units/Acre, Near Public Transit, Yard
School Information
School District
San Dieguito Union
Other Property Details
Area Name
92024 - Encinitas
Days on Market
134
Association Fee
Not Listed
Association Amenities
Other
Garage
Yes
Garage Spaces
3
Parking
Garage
Parking Total
7
View
Yes
View Description
Ocean
County
San Diego
Pool
No
Pool Features
None
Zoning
R-11
Listing History
Date | Event | Price |
---|---|---|
9/27/2024 | Under contract | — |
Listing Contact: 760-452-2345
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. 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 10/4/2024 at 1:59 AM UTC