1355 Rainbow Ridge Lane
CdirtEncinitas, CA 92024
Beds
—
Baths
—
Sqft
74,923
Year Built
—
Days on Market
12
Property Type
Land
HOA/mo
N/A
MLS ID
NDP2602778
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Looking for outstanding views, where vivid sunrises and dynamic sunsets are an everyday occurrence? This is it! First time on the market in over 50 years, opportunities like this are truly rare. Perched atop a hill with unbeatable backcountry views of Indian Head Canyon and the Encinitas Ranch Golf Course, combined with excellent westerly views toward the ocean, this property offers a breathtaking setting from sunrise to sunset. This gated flag-lot parcel spans 1.72 acres in coastal Leucadia, offering exceptional privacy. You’ll be amazed by how much of the land is flat and usable, perfect for creating a legacy family compound, with the potential to subdivide into two oversized parcels. Current zoning is RR2 (Rural Residential—2 units per acre), with a minimum lot size of 21,500 sq. ft. The well-maintained original concrete block home has been tastefully updated over time and could potentially be retained as fantastic guest quarters. Located near the south end of Rainbow Ridge Lane, the property includes a clicker to a private gate providing convenient ingress and egress to the south, a luxury enjoyed only by this section of the street. This is a once-in-a-lifetime opportunity to enjoy the ultimate coastal lifestyle, with the beach just minutes away, along with great restaurants, shopping, and easy freeway access.
Location
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- Lot size
- 1.72 acres
- Asking $/acre
- $2,325,588
- Area median $/acre (sold)
- $886,525
- Comp-implied value
- $1,941,085
Benchmarked against 3,049 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.