534 Ocean View Avenue Encinitas, CA 92024

$4,995,000
3
Beds
2
Baths
0.74
Acres
1,352
SQFT
3695
$/SQFT
$4,995,000
3
Beds
2
Baths
1,352   sf
$3695 / sf
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1/17
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Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.

Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.

Listed by:
Lee & Associates

Source:
CRMLS

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Property details

Community Features

  • Has HOA
  • Not Age Restricted

View

  • Water view
  • Bay view
  • Ocean view

Exterior features

  • Has garage
  • No Pool
  • Parking

Interior Features

  • Great Room
  • Main Floor Bedroom

Style

  • Multi Level
  • Two Story
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