
215 Vulcan Avenue
CEncinitas, CA 92024
Soft Appraisal Value: $2,859,500 · 4.9% above estimate
Beds
3
Baths
2
Sqft
1,975
Year Built
1947
Days on Market
6
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2606349
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Now offering an exceptional opportunity at $2,999,000. Rarely does a property of this scale and potential become available in the heart of coastal Encinitas. Set on an expansive 0.44-acre lot, this charming 1949 residence offers approximately 1,975 square feet of living space with 3 bedrooms, 1.5 bathrooms, and an oversized 3-car garage. The location places you within minutes of world-class beaches, acclaimed restaurants, vibrant coffee culture, and the energy that makes Encinitas and Leucadia two of the most beloved communities in all of Southern California. The true opportunity here is the land. In a coastal market where lot size commands a significant premium, nearly half an acre is genuinely extraordinary. Whether your vision is a luxury renovation, a full custom build, an ADU, multigenerational living, or a long-term coastal land investment, this property offers the kind of flexibility and upside that buyers spend years searching for at this price point. Currently operating as a successful Airbnb , the home offers immediate income potential for investors, vacation buyers, and primary residence buyers who want the ability to generate meaningful revenue while holding one of the most coveted land positions in all of North County San Diego. The potential is limitless!!
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Est. Monthly Payment
$19,038
Location
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Comparable Properties
5 comps foundThis Property
$7,124
Comp Average
$5,483
1460 Orpheus Avenue
4bd / 2ba · 2,076 sqft · Single Family
$1.86M
Est. $6,834/mo
1528 Avenida De Los Lirios
4bd / 2.5ba · 2,175 sqft · Single Family
$2.00M
Est. $7,013/mo
697 Ocean View Avenue
4bd / 3ba · 1,670 sqft · Single Family
$1.90M
Est. $3,882/mo

1602 Pl
2bd / 2.5ba · 1,388 sqft · Townhouse
$2.00M
Est. $3,879/mo
1034 Alexandra Lane
3bd / 2ba · 1,625 sqft · Single Family
$2.05M
Est. $5,808/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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