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Greg Cummings: San Diego Real Estate Agent

MLS: NDP2404231     $5,799,000
6 Bedrooms with 6 Baths

MLS: NDP2404231 Condo For Sale
1629 NEPTUNE AVENUE
ENCINITAS CA 92024

MLS:  NDP2404231
Status:  ACTIVE WITH CONTINGENCY
List Price:  $5,799,000
Price per SQFT:  $1,510
Square Footage:  3840

6 Bedrooms
6 Baths
Year Built:  1978
Zip Code:  92024

 

Listing Remarks

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, creatin

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.

Address: 1629 NEPTUNE AVENUE ENCINITAS CA 92024

Listing Courtesy of SWELL PROPERTY


Condo Mania Agent:
Greg Cummings

Featured Real Estate Agent Greg Cummings

Compass Real Estate
Team Lead CA DRE# 01464245

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Listing Photos


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Listing Details


LISTING DATE:2024-05-24
SALES RESTRICTIONS:Standard
UNITS IN COMPLEX:2
VIEW:Ocean
FULL BATHROOMS:6
HALF BATHROOMS:0
GARAGE PARKING:Garage
PARKING GARAGE SPACES:3
PARKING SPACES TOTAL:7
FLOORING:Tile
EQUIPMENT:Dryer, Washer
LAUNDRY LOCATION:Laundry Room, Other/Remarks
FLOOR NO:2
STORIES:Split Level
STORIES IN BUILDING:2
RESIDENTIAL STYLES:All Other Attached
LISTING AGENT:Peter Antinucci
LISTING OFFICE:Swell Property

Estimated Monthly Payments


List Price:$5,799,000
20% Down Payment:$1,159,800
Loan Amount:$4,639,200
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$29,323

Estimate does not include taxes, fees, insurance.

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Property Location: 1629 NEPTUNE AVENUE ENCINITAS CA 92024



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 2 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
NDP2408659 $1,445,000 7140 TATLER ROAD 2 3 2272
JT24196386 $825,000 149 W GLAUCUS STREET D 1 1 635
NDP2405604 $2,350,000 7070 LEEWARD ST. 3 3 2277
NDP2402656 $2,975,000 194 NEPTUNE 2 2 1282
JT24196232 $825,000 147 W GLAUCUS STREET D 1 1 635
NDP2405473 $999,000 6909 GOLDFINCH PLACE 2 3 1663 ALDEA
NDP2406375 $2,988,000 155 ATHENA STREET 4 4 1920
NDP2407053 $4,100,000 273 HILLCREST DRIVE 9 8 3600
NDP2408134 $1,850,000 573 HYGEIA AVENUE A 3 3 1636
NDP2407852 $2,950,000 224 NEPTUNE AVENUE 2 3 1496

Condo Mania Agent:
Greg Cummings

Featured Real Estate Agent Greg Cummings

Compass Real Estate
Team Lead CA DRE# 01464245

Contact Us

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Last Updated: 2024-09-28