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Sold on 11/26/2025
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515 Neptune Ave, Encinitas, CA 92024

$2,650,000

Last sold 11/26/2025 after 55 Days

  • 5

    bed

  • 4

    bath

  • 3,191

    Sqft ($830/Sqft)

Multi-family not for sale
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About 515 Neptune Ave

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Lot size 0.27 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Located on one of the most coveted oceanfront streets in Encinitas, 515 Neptune Avenue presents a rare chance to own a property in this highly sought-after coastal enclave. Just steps from the sand and surf, this home offers some ocean views and endless potential. Set on an expansive 11,000+ sq. ft. lot, the property features a spacious main residence complemented by a single-level 2-bedroom, 1-bath ADU, ideal for multi-generational living, extended guests, or income potential. Outdoor living shines with a Pebble Tec pool and plenty of space to re-envision your own private retreat. Additional highlights include an attached 2-car garage and the versatility to either refresh the existing home or design a brand-new custom coastal estate. This property represents more than a home—it’s an opportunity to remodel or build new in one of the most desirable locations along the Southern California coastline.
Listed by
Listing Agent - James Jam
Listing Agent Contact: James@jamesjam.com
Listing Office - Berkshire Hathaway HomeService
Source: CRMLS mls logo
MLS#NDP2509561 • last updated 11 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential
SubType Duplex
Virtual Tour N/A
Status Closed
Living Area 3191
Lot Size (Acres) 0.2676
Lot Size (SqFt) 11657
Year Built 1985
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 5
Laundry In Closet
Other Room(s) See Remarks
Exterior
# Parking Spaces 2
# Garage Spaces 2
Lot Description Front Yard, Landscaped
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Pool In Ground
Location
View Neighborhood
County San Diego
Community Features Sidewalks, Street Lights
High School District San Dieguito Union
Zoning R-1
Directions Cross Street: El Portal Street
APN 2562621900
$2.73M
Range: $2.3M-$3.17M
Last 30 days 
Rental est.: $14,303/month
Gross rent multiplier: 15.4
  • Nov 2025
    mls logo MLS # NDP2509561
  • Nov 26, 2025 Sold
    $2,650,000
  • Nov 7, 2025 Pending
    —
  • Oct 17, 2025 Price Change
    $2,995,000 (-6.4%)
  • Oct 8, 2025 Price Change
    $3,200,000 (-7.2%)
  • Oct 3, 2025 Price Change
    $3,450,000 (-11.3%)
  • Oct 2, 2025 Listed
    $3,889,000
  • Nov 2025
    Public Records
  • Nov 26, 2025 Sold
    $2,650,000 (-11.5%)
  • Year Property taxes Tax assessment
  • 2024
    $15,373 +2.4%
    $1,347,458 +2.0%
  • 2023
    $15,012 +1.3%
    $1,321,038 +2.0%
  • 2022
    $14,813 +32.0%
    $1,295,137
  • 2021
    $11,221 +0.2%
    $1,295,137 +37.73%
  • 2020
    $11,196 +1.9%
    $940,374
  • 2019
    $10,987 +0.5%
    $940,374 +2.0%
  • 2018
    $10,933 +2.3%
    $921,936 +4.04%
  • 2016
    $10,683 +0.4%
    $886,137
  • 2015
    $10,645
    —
  • 515 Neptune Ave
    $2.65M
  • Leucadia
    $2.99M +1% y/y
  • 92024
    $1.8M -8% y/y
  • Encinitas
    $1.81M -8% y/y
No chart available
Statistics calculated by Movoto

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7/10
Diegueno Middle School
public Grades 7-8
San Dieguito Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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