
1547 Neptune
DEncinitas, CA 92024
Soft Appraisal Value: $3,431,700 · 6.4% above estimate
Beds
3
Baths
2
Sqft
1,679
Year Built
1956
Days on Market
5
Property Type
Single Family
HOA/mo
N/A
MLS ID
PW26117609
This property is in Encinitas (92024). View neighborhood stats →
About This Property
First time on the market in over 60 years! This classic Leucadia beach house is ideally situated on the coveted north end of Neptune Avenue, one of the area's most iconic and desirable coastal streets, just two blocks from public beach staircase access. Set on a spacious 6,098-square-foot lot, the property offers a rare opportunity to create a dream coastal estate. The rear half of the lot remains largely unimproved, providing ample space for expansion or new construction offering spectacular ocean views, while preserving the charm and character of the original 1950s beach cottage. The existing home features ocean views from both the lower and upper levels, authentic knotty pine walls, ceilings, kitchen cabinets that capture the essence of vintage California beach living. The upstairs primary suite opens to a private deck with breathtaking ocean views. Recent interior and exterior painting enhances the home's appeal, making it ready to enjoy today while offering endless possibilities for the future.
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Est. Monthly Payment
$23,171
Location
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Comparable Properties
5 comps foundThis Property
$6,965
Comp Average
$7,288
1025 Monterey Vista Way
4bd / 2.5ba · 2,277 sqft · Single Family
$2.50M
Est. $7,999/mo
107 Edgeburt
3bd / 2.5ba · 1,933 sqft · Townhouse
$2.25M
Est. $7,456/mo
1066 Guildford Court
4bd / 2ba · 2,050 sqft · Single Family
$2.50M
Est. $7,313/mo
1551 Fairway
3bd / 2.5ba · 2,500 sqft · Single Family
$2.25M
Est. $6,965/mo
1151 Kildeer Ct
4bd / 2.5ba · 2,004 sqft · Single Family
$2.35M
Est. $6,707/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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