
735 Cornish Drive
CEncinitas, CA 92024
Soft Appraisal Value: $2,911,700 · 33.9% above estimate
Beds
3
Baths
1
Sqft
2,150
Year Built
1947
Days on Market
2
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2606166
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Perched atop a sprawling near half-acre double lot in the coveted Encinitas Highlands, this rare west-of-I-5 property offers the best of coastal living with flexibility, income potential, and room to grow. Just moments from Moonlight Beach, Viewpoint Park, the Coaster Station, Encinitas Library, and the vibrant shops, restaurants, and cafés of Downtown Encinitas, the location is truly hard to beat. The light-filled single-level main residence features three bedrooms, one bath, original hardwood floors, wood-beam ceilings, a cozy wood-burning fireplace, and an expansive deck overlooking the property's lush grounds. Thoughtful updates over the years have preserved the home's charm while enhancing everyday comfort. A detached office provides the perfect space for working from home, pursuing creative passions, or creating a private wellness retreat. Adding to the property's versatility is a separate studio space with its own entrance, kitchenette, and full bath, along with a detached Quonset Hut residence tucked toward the rear of the property, creating valuable rental income opportunities, guest accommodations, or flexible living arrangements. The expansive lot offers an increasingly rare sense of space and privacy in the heart of Encinitas, with room to entertain, garden, relax, and enjoy the coastal lifestyle. For those seeking future possibilities, the property also presents exceptional long-term upside, including plans for a lot split with a striking architectural residence on the second lot, designed to complement the site's unique setting and scale. Whether you're looking for a charming beach-close home, an income-producing investment, a multigenerational property, or a legacy homesite for the future, opportunities like this rarely come available in one of Encinitas' most sought-after neighborhoods.
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Est. Monthly Payment
$24,758
Location
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Comparable Properties
5 comps foundThis Property
$7,571
Comp Average
$7,445
1619 Mapleleaf Ct
3bd / 3ba · 2,457 sqft · Single Family
$2.35M
Est. $7,821/mo
248 Avenida De Los Claveles
4bd / 3.5ba · 2,362 sqft · Single Family
$2.40M
Est. $7,217/mo
1176 Quail Gardens Court
4bd / 3ba · 2,785 sqft · Single Family
$2.40M
Est. $7,643/mo
308 Leeann Ln
4bd / 2ba · 2,246 sqft · Single Family
$2.58M
Est. $7,450/mo
1044 Arcadia Rd
4bd / 2.5ba · 2,012 sqft · Single Family
$2.60M
Est. $7,095/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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