714 Piedras Oro Calle
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714 Piedras Oro Calle

C

Encinitas, CA 92024

$2,700,000
NEW — 5d

Soft Appraisal Value: $2,598,400 · 3.9% above estimate

Beds

5

Baths

3

Sqft

2,290

Year Built

1973

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016221SD

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Vaulted ceilings, wide-plank floors, a polished granite waterfall island, and a spa primary suite. This fully remodeled modern coastal home delivers the best of North County San Diego living on a quiet cul-de-sac in Requeza Highlands — single-story, 5-bedroom, and designed for effortless indoor/outdoor flow. The 2,290-square-foot freshly painted interior opens to a great room where the kitchen, dining, and living spaces connect seamlessly under soaring vaulted ceilings. The chef's kitchen features white shaker cabinetry, glass-front upper cabinets, polished granite waterfall island, farmhouse sink, double wall ovens, and a crystal chandelier. A breakfast nook with sliding glass doors extends the living space directly to the backyard. The primary suite has vaulted ceilings, a private slider to the outdoors, and a spa bathroom with freestanding soaking tub, frameless walk-in shower with rain head, large-format tile, and wood-tone vanity. Secondary bedrooms include a white brick fireplace bedroom with en-suite bath, a vaulted bunk room, and a home office flex room with built-in desk. The backyard offers manicured turf, perimeter plantings, wood privacy fencing, and a composite deck — a ready-to-go outdoor living space. Two-car attached garage. Tucked in the quiet enclave of Requeza Highlands, Requeza Street runs straight downhill into the heart of Downtown Encinitas. Cross Vulcan and Coast Highway and make a right, then you're at Moonlight Beach with a direct back-road route to North County's best dining, shopping, and surf. Adjacent to this fully remodeled Requeza Highlands home sits a separate legal parcel available at $899,000 and the distinction matters. This is not just room for an ADU addition. It is its own independent lot with its own legal description, which means a buyer is not subject to California's ADU square footage caps. A full second home could be built here, designed from the ground up to complement the main residence or stand on its own. In coastal Encinitas, finding a buildable lot adjacent to a move-in-ready home is exceptionally rare. The combination allows a buyer to close on a finished, fully remodeled primary residence today while planning a second structure on their own timeline — whether that is a guest house for extended family, a standalone rental, a multi-generational compound, or a long-term investment. Both parcels sit on a quiet cul-de-sac in Requeza Highlands — a low-traffic, private street setting that adds to the compound feel. The adjacent lot is a flat, graded pad with existing fencing, gated access, and a curb cut for a driveway already in place. Electricity is on the lot at the street. Water and sewer are in the cul-de-sac. The infrastructure is in place — a buyer moves directly to planning and permitting. Purchased together, the two parcels create one of the most compelling compound opportunities available in North County coastal San Diego. The main residence is offered at $2,700,000. The adjacent parcel is offered separately at $899,000. For buyers with a longer-term vision, this is the kind of land position that rarely comes available.

Mortgage Calculator

Est. Monthly Payment

$17,140

Principal & Interest$13,653
Property Tax$2,700
Insurance$787
%($540,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$7,615
Monthly Cashflow

Rent − PITIA

$-9,525
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,526

Mortgage (P+I)
$13,653
Cap Rate
0.06%
Cash-on-Cash
-30.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$25,181

NOI (Annual)
$1,519
Price-to-Rent

Lower = better for investors

29.5

* 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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