1691 CREST DRIVE
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by Compass | $3,250,000 | |
| Listed by Compass | |||
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Welcome to 1691 Crest Drive, a rare and remarkable opportunity to create your dream home on one of Encinitas' most coveted streets. This expansive 1.27-acre property offers a blank canvas of flat, fully usable land, perfect for bringing your vision to life. Zoned RR (Rural Residential 1), the lot provides incredible flexibility for a variety of uses, from a sprawling family estate to a serene retreat that captures the essence of coastal living. The property includes conceptual plans for a thoughtfully designed 3,341 square-foot main residence, complete with an attached 1,000 square-foot garage for ample storage and parking. Additionally, the plans feature a 1,028 square-foot detached ADU, ideal for hosting guests, accommodating extended family, or generating rental income. For those seeking a dedicated workspace or creative haven, the plans also outline a detached 315 square-foot office that can serve as a private sanctuary away from the main residence. While these plans offer a strong foundation for your imagination, they are not yet approved, allowing you the freedom to make adjustments to suit your specific needs and preferences. Buyers are encouraged to verify all details and development possibilities with the City of Encinitas to fully explore the potential of this exceptional property. With its unparalleled location and abundant possibilities, 1691 Crest Drive represents more than just land—it’s an opportunity to build the home and lifestyle of your dreams in the heart of Encinitas.
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| May 16, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2018 | Listed by Coldwell Banker Realty | $1,599,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 10, 2018 | Listed by Coldwell Banker Realty | $1,599,000 | |
| Listed by Coldwell Banker Realty | |||
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VR $1,499,000-$1,599,000.Highly sought after Crest Drive is a destination. Coastal Country Serenity & Privacy.Capture the rural feel while enjoying the coastal climate & minutes to beaches, town, award winning schools, & shopping.Nestled in nature on a 1.27 acre lot with serene mountain & hillside views. Detached guest house is approx 315 Sq Ft.Property is fully enclosed with walls, fencing, and side entry gates for easy access to create your ultimate dream estate on this easily buildable conforming lot. Crest Drive is a destination location with a unique country / coastal vibe and lifestyle. Many people enjoy walks along this tree-lined street dotted with a variety of custom homes ranging from quaint cottages to larger estate homes. The main house has been customized to accommodate a variety of purposes including configuration fora recording studio great for musicians, music lovers, or the like. This location affords both tranquility and privacy and is convenient to the towns of Cardiff, Encinitas, beaches, shops and great restaurants.. Neighborhoods: Crest Drive Customs Complex Features: , Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL Guest House Est. SQFT: 315
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About Encinitas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017