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$ 5,250,000
Est. payment | /mo
0.74 Acres Lot
$ 5,250,000
Est. payment | /mo
0.74 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2505905
HOA Y/N No
Lot Size 0.740 Acres
Property Description
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.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning R-3: Residential 3
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Ocean
Building
Lot Description 2-5 Units/Acre
Others
Senior Community No
Tax ID 2561511900
Acceptable Financing Cash, Conventional, 1031 Exchange, Government Loan
Listing Terms Cash, Conventional, 1031 Exchange, Government Loan
Special Listing Condition Standard
Listed by Alexandra Bentley • Lee & Associates • abentley@lee-associates.com
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "