940 Sealane Dr #5
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Compass | $1,675,000 | |
| Listed by Compass | |||
| Sep 19, 2025 | Listed | $1,695,000 | |
| Listed | |||
| | |||
|
Rare Opportunity! Experience panoramic whitewater & ocean views from this intimate bluff-front complex located west of Coast Hwy 101! This spacious, & beautifully remodeled 2 bed/2 bath residence offers stunning views from primary living area & primary bedroom, plus the two ocean view decks! In-unit washer/dryer is added bonus! Upgrades include custom chef’s kitchen, designer bathrooms with ceramic tile/ premium Kohler & Moen fixtures, + European brushed oak wood floors throughout. Two side by side parking spaces in secure gated parking area, community pool, spa & laundry. Short stroll to Swami’s (beach park) +shops & restaurants! This beautifully upgraded oceanfront home captures the essence of quintessential Encinitas living in a premier location—just steps to beaches and the vibrant village. Enjoy the feeling of being on permanent vacation with Swami’s and “D” St. beach access nearby + charming cafés, yoga studios, farmers market, boutiques, train station, world-class dining, + Moonlight Beach all within easy walk or bike ride! The spacious single-level floor plan has been fully remodeled with designer finishes, including custom lighted kitchen cabinetry, quartz counters, tile backsplash, stainless steel appliances, and sit-down breakfast bar. Two primary suites each feature lux remodeled bathrooms with tile showers, quartz counters, + premium Kohler and Moen fixtures. One suite includes a private entrance—perfect for guest privacy. Additional highlights include recessed Hyperikon LED lighting throughout and cozy, remote-controlled electric fireplace in living room. Subject property is located on second floor of three story building. Complex does not have elevator. Spacious single level great room floor plan! Tenants allow showings after 2:00 on weekdays, and on weekends with adequate prior notice. Listing agent to arrange and accompany all showings. HOA fees include: All water, including hot water, common area maintenance, all exterior building maintenance including exterior pest and dry rot work. Building exterior painted in 2017, plus all 19 units had all of their plumbing lines replaced in 2017. Also includes beautiful common area maintenance for pool, spa, and the lush, tropical landscaping. See floor plan of unit, Pacific Panorama rules and regulations, + general information of complex in attachment section of MLS.
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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