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425 Neptune Ave, Encinitas, CA 92024

Sale Price: $3,500,000
May 27, 20241,888 sqft4 beds3 baths
Listed by: Julie Hambarian
License #: 01872045
Phone #: 760-990-3352
Stonesteps Realty
Source:
CRMLS Logo
MLS #: NDP2404597

Property Description

Bali-inspired beach bungalow with meticulously maintained front yard. It’s on the best street in town and the best part of Neptune just a few doors down from Stonesteps Beach. When you step inside, the open floorplan leads you from the front door, out back to a brand new expansive Brazilian Ipe deck (approx 1500sf). Solid construction to last a lifetime with the benches, stairs, and stringers made of Ipe. No expense spared with solid 3/16 stainless hardware and cable rails. The perfect spot to enjoy a cup of coffee as the sun rises and a relaxing dip in the spa as the day fades to another glorious end. The main home’s interior features recently updated top-of-the-line Andersen windows and sliding doors, Solid Oak hardwood kitchen cabinetry and flooring, a large island, imported custom teak interior doors, solid teak vanities, and leathered granite showers in each bathroom. Owned solar with Tesla battery backup included (6.5 kilowatts across 19 panels installed by Semper Solaris about 2 years ago). As you follow the well-crafted solid hardwood stairs down to the back you will find a spacious 1 bd/1 ba granny flat/ADU for guests or Rental Income! Full kitchen, bathroom with brand new shower, and walk-in closet. The downstairs roof (between downstairs unit and back deck) was replaced in 2022 before the deck was built (50-year torch down). 425 Neptune is located in one of the best communities in Encinitas; you’ll never want to leave!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$57,912

TurboHome Estimated Value

$3,779,900

$2,002 sqft

High Valuation
$3,968,895
$2102/sqft
Normal Valuation
$3,779,900
$2002/sqft
Low Valuation
$3,590,905
$1902/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2002/sqft$3,779,900

Neighborhood

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Comparative Value

$2.60M

$3.50M

$3.70M

$3.80M

$3.80M

438 La Mesa Ave, Encinitas, CA 92024

Sale Price: $2,600,000

Selected Comparable

230 Jacob Ln, Encinitas, CA 92024

Sale Price: $2,600,000

Selected Comparable

425 Neptune Ave, Encinitas, CA 92024

Sale Price: $3,500,000

Selected Comparable

425 Neptune Ave, Encinitas, CA 92024

List Price: $3,699,000

Subject Property

344 Sylvia St, Encinitas, CA 92024

Sale Price: $3,800,000

Selected Comparable

305 La Veta Ave, Encinitas, CA 92024

Sale Price: $3,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
425 Neptune Ave, Encinitas, CA 92024

425 Neptune Ave, Encinitas, CA 92024

List: $3,699,000

Listed: 5/27/2024

Area:1,888 sqft
Price/sqft:$1,959
Beds:4
Baths:3
Year Built:
Lot Size:5,254

Comparable Properties

COMPARABLE
Choose comps
425 Neptune Ave, Encinitas, CA 92024

425 Neptune Ave, Encinitas, CA 92024

Sale: $3,500,000

9/3/20240.00 mi

Area:1,888 sqft
Price/sqft:$1,854
Beds:4
Baths:3
Year Built:
Weight:23.4%
344 Sylvia St, Encinitas, CA 92024

344 Sylvia St, Encinitas, CA 92024

Sale: $3,800,000

1/31/20250.42 mi

Area:2,250 sqft
Price/sqft:$1,689
Beds:4
Baths:3
Year Built:
Weight:20.1%
305 La Veta Ave, Encinitas, CA 92024

305 La Veta Ave, Encinitas, CA 92024

Sale: $3,800,000

2/26/20250.21 mi

Area:2,385 sqft
Price/sqft:$1,593
Beds:4
Baths:3
Year Built:
Weight:19.7%
438 La Mesa Ave, Encinitas, CA 92024

438 La Mesa Ave, Encinitas, CA 92024

Sale: $2,600,000

7/21/20250.03 mi

Area:2,352 sqft
Price/sqft:$1,105
Beds:3
Baths:3
Year Built:
Weight:18.4%
230 Jacob Ln, Encinitas, CA 92024

230 Jacob Ln, Encinitas, CA 92024

Sale: $2,600,000

8/30/20240.52 mi

Area:2,330 sqft
Price/sqft:$1,116
Beds:4
Baths:3
Year Built:
Weight:18.3%

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