Water Views
Address
200-2 Neptune, Encinitas, CA
Price
$ 6,995,000
Property Attributes
  • MLS#260008804
  • TypeMulti-Family
  • Listing Status ACTIVE
  • CountySAN DIEGO
  • CityEncinitas
  • AreaENCINITAS
  • NeighborhoodEncinitas
  • Zip92024
  • StyleRes Income 2-4 Units
  • Year Built1971
  • Price$ 6,995,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
Data Source:
San Diego Regional MLS (SDMLS)
Property Description

Oceanfront legacy meets massive equity opportunity on the premier south end of Neptune Ave, just steps from the heartbeat of downtown Encinitas. This prime location offers a lifestyle defined by immediate proximity to boutiques, award-winning dining, world-class surf breaks, local coffee roasters, and miles of sandy beaches. The expansive estate spans from the ocean waves to Neptune Ave, offering over 6,800 square feet of high-volume interior space along with a guest house. The property’s incredible scale represents a premier land-banking opportunity in one of the coast’s most coveted locations. With soaring vaulted ceilings, a rare 5-car garage, and a footprint designed for a world-class legacy compound, the infrastructure is perfectly positioned for the visionary buyer. Capitalize on this long-term appreciation holding while reimagining an architectural canvas into a record-setting coastal masterpiece. Some images in this listing have been generated using artificial intelligence for illustrative purposes. Actual property conditions differ. Actual images have been included in this listing.

Price History
4/15/2026 Listed $7,995,000
7/21/2026 13$6,995,000

General Features

Heating N/K
Cooling N/K
Utilities Sewer Connected
Roof Wood
HOA Fee 0.0
Security Features N/K
Construction Materials Stucco, Wood
Year Built 1971
Tenant Pays N/K
View Ocean, Panoramic, Panoramic Ocean
Levels 4 Story
Property Subtype Res Income 2-4 Units
Building Name n/a
County San Diego
Operating Expense 0.0
New Construction No
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name ENCINITAS
Full Baths 4
Status ACTIVE
Directions The cross street is Roseta St.
City Encinitas
Senior Community Y/N No
High School District San Diego Unified School Distric
Number Of Units Total 2
MLS Area Coastal North
Lot Size Units Acres
Property Attached Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/snd/260008804
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Middle/Junior School District San Dieguito High School Distric
Elementary School District Encinitas Union School District
Cap Rate 0.0
Freehold IDX

Interior Features

Total Stories 4
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Half Baths 1
Total Bedrooms 6
Total Baths 5

Exterior Features

Fencing Full
Water Source Meter on Property
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 0.0
Frontage Type Ocean/Bluff
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92024

Price
AVG $3.17M
$7M
Year Built
AVG 1977
1971
Visits
AVG 26
203
Data Provided by Inside Real Estate®

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