940 Sealane Drive #10
About This Property
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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 provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Price Decreased |
$1,745,000
↓ $50K
(2.8%) | |
| Price Decreased | |||
| May 11, 2025 | Price Decreased |
$1,795,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Apr 29, 2025 | Listed by Wisdom Properties | $1,895,000 | |
| Listed by Wisdom Properties | |||
| | |||
|
Welcome to Pacific Panorama, a serene oceanfront complex that offers the perfect blend of coastal charm and modern convenience. This beautifully maintained 2-bedroom, 2-bath home is set amidst lush grounds with a sparkling pool and boasts peaceful ocean breezes, stunning sunsets, and ocean views from every room. The interior features vaulted wood-beam ceilings, rich wood flooring, and an abundance of natural light streaming through skylights and newly installed windows and sliding doors. The updated kitchen is both stylish and functional, with granite countertops, stainless steel appliances, a breakfast bar, wine rack, and a new Whirlpool dishwasher. Enjoy the fresh ocean air from any of the three private balconies, and appreciate practical upgrades like the stackable washer and dryer (new ventless dryer) and a sleek new glass shower door. The home includes two side-by-side parking spaces behind the secure gates with easy access. Just a few blocks from Swami’s, Moonlight Beach, and the vibrant restaurants and shops of Downtown Encinitas, this turnkey property is offered fully furnished and is ideal as a primary residence, vacation home, or investment rental. Experience the ultimate coastal lifestyle in this exceptional ocean-view retreat.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
2 Bed
|
2 Bath
|
970 ft²
|
$1,675,000
2 Bed
2 Bath
970 ft²
|
$1,595,000
-4.78%
02/19/2026
|
Polly Rogers
Compass
| |
|
04/29/2025
|
2 Bed
|
2 Bath
|
959 ft²
|
$1,895,000
2 Bed
2 Bath
959 ft²
|
$1,675,000
-11.61%
06/06/2025
|
Rosie Gross
Coldwell Banker Realty
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1008 ft²
|
$2,295,000
2 Bed
2 Bath
1008 ft²
|
$2,275,000
-0.87%
08/29/2024
|
Shawn Bengtson
Shoreline Properties
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
959 ft²
|
$965,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
05/29/2019
|
2 Bed
|
2 Bath
|
959 ft²
|
$1,069,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
12/27/2019
|
1 Bed
|
1 Bath
|
733 ft²
|
$861,900
1 Bed
1 Bath
733 ft²
|
-
-
|
-
| |
|
08/23/2019
| |
2 Bed
|
2 Bath
|
959 ft²
|
$995,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
|
|
05/14/2019
|
1 Bed
|
1 Bath
|
733 ft²
|
$999,000
1 Bed
1 Bath
733 ft²
|
-
-
|
-
| |
|
02/22/2019
| |
2 Bed
|
2 Bath
|
959 ft²
|
$1,080,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
|
|
01/29/2019
|
3 Bed
|
2 Bath
|
1486 ft²
|
$1,200,000
3 Bed
2 Bath
1486 ft²
|
$1,120,000
-6.67%
03/11/2019
|
Whitney St.Clair
Coldwell Banker Realty
| |
|
09/21/2018
|
2 Bed
|
2 Bath
|
959 ft²
|
-
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
01/22/2014
|
2 Bed
|
2 Bath
|
959 ft²
|
$750,000
2 Bed
2 Bath
959 ft²
|
$740,000
-1.33%
04/11/2014
|
Jeff Eldridge
RE/MAX Associates
| |
|
09/05/2013
|
2 Bed
|
2 Bath
|
959 ft²
|
$719,000
2 Bed
2 Bath
959 ft²
|
$699,000
-2.78%
10/07/2013
|
Chris Heller
Keller Williams Carmel Valley
| |
|
02/15/2013
|
2 Bed
|
2 Bath
|
959 ft²
|
$699,990
2 Bed
2 Bath
959 ft²
|
$670,000
-4.28%
06/28/2013
|
Joel Tarquin
ERA Ranch & Sea Realty
| |
|
10/09/2012
|
1 Bed
|
1 Bath
|
733 ft²
|
$599,000
1 Bed
1 Bath
733 ft²
|
$555,000
-7.35%
03/19/2013
|
Deborah Phipps
California Exclusive Propertie
| |
|
10/07/2011
|
2 Bed
|
2 Bath
|
959 ft²
|
$569,000
2 Bed
2 Bath
959 ft²
|
$545,000
-4.22%
02/24/2012
|
Stephen Schuette
First Team Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017