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Encinitas 92024 Encinitas
534 Ocean View Avenue
$4,995,000
● House - For Sale

534 Ocean View Avenue

Encinitas, CA 92024
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$24,527
Est. Monthly

About This Property

Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.
Unit Size
1,352 Ft²
Days on Market
82 days
Land Size
0.74 acres
Price per sqft
$3,695
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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Last updated: 2 months ago (SDMLS #NDP2607186)

Price History

Date / Event Date Event Price
Jul 22, 2026 Listed by Lee & Associates $4,995,000
Listed by Lee & Associates
May 14, 2025 Listed $5,250,000
Listed
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.

Property Highlights

Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Appliances: Dryer, Washer
Laundry Features: In Garage
Fireplace Features: None
Exterior Details
Square Footage: 1352
Square Footage Source: $0
Year Built: 1958
Levels: Multi/Split
Pool Features: None
Lot Features: TwoToFiveUnitsAcre
Lot Size Area: 32200
Lot Size Units: Square Feet
Lot Size Acres: 0.7392
Lot Size Square Feet: 32200
Utilities Details
Cooling Type: None
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVOCADO ACRES
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: BLK 3 POR TR 001791

Neighborhood

  • School District Name: Encinitas Union Elementary School District
  • School Tax School District: ENCINITAS CITY
  • Census Tract: 017603

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 001791
  • Subdivision Tract Number: 001791
  • Parcel: 256-151-19-00
  • Block: 3
  • Lot: 9
  • Municipality: CITY OF ENCINITAS
  • Latitude: 33.0587
  • Longitude: -117.293

    Address

  • Full Address: 534 Ocean View Ave
  • Address - House Number: 534
  • Address - Street Name: Ocean View
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encinitas
  • Carrier Code: C018
  • 4-Digit Zip Code: 2628
  • Zip Code: 92024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,539,460
  • Tax Rate Code Area: 19-078

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 2,504,175
  • High Value: 2,911,243
  • Low Value: 2,097,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400,000
  • Assessed Land Value: $2,340,000
  • Assessed Improvements Value: $60,000

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 482753
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Encinitas


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Frequently Asked Questions

When was property at 534 Ocean View Avenue built and last sold?
The property at 534 Ocean View Avenue was built in 1958 and last sold on Oct 14, 2022 for $2,400,000.
How much is this home worth?
The estimated value of the home located at 534 Ocean View Avenue is $4,867,029.
What are some comparable homes to 534 Ocean View Avenue?
There are currently no comparable homes to 534 Ocean View Avenue.