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$5,799,000

Est. payment - /mo

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6 BD

6 BA

6,006 Sqft Lot

Active Under Contract

1629 1631 Neptune AVE Encinitas, CA 92024

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 05:41 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID NDP2404231

Bedrooms 6

Full Baths 6

HOA Y/N Yes

Year Built 1978

Lot Size 6,006 Sqft

Property Description

Welcome to 1629-1631 Neptune Ave, two remarkable turn-key ocean view homes that offer the epitome of coastal lifestyle, combined with an excellent investment opportunity. Please dive into the 3D matter port VIRTUAL TOUR to experience the exceptional layout! Video Tour also available! 2 properties with 2 distinct APN's being sold together. Price is for both units. This unique property offers potential owners the rare chance to own a piece of the coveted ocean view lifestyle, with the added advantage of a versatile living arrangement, cashflow and equity upside. All furniture and personal property convey! Each unit is a gem in its own right, featuring a primary living space with ocean views, alongside a junior units with separate entry. The junior units can flow seamlessly with primary units or can be closed off to cater to a variety of living situations. Whether you're looking to establish a multi-generational family compound, occupy one unit while renting the others, or capitalize on both for a mix of rental income and Neptune equity appreciation, this property does it all with unmatched flexibility. The views from 1629-1631 Neptune Ave are nothing short of spectacular, offering residents a stunning panorama of the ocean's majesty. The property sits merely steps away from Grandview Beach, making it a haven for beach and ocean lovers. The bustling Neptune Avenue presents a delightful tableau of everyday coastal life that becomes a source of entertainment in itself. The avenue buzzes with an eclectic mix of people, from joggers and dog walkers to cyclists and surfers, creating a vibrant, lively atmosphere that embodies the essence of beachside community living. Each unit is exceptionally appointed, boasting high-quality finishes and furnishings throughout, and each comes with it's own washer dryer. There is a large separate laundry and storage room as well. Currently utilized as a vacation rental business, this property comes with a proven track record of profitability, with all financials ready to be presented to potential buyers, and future cash flow already booked! All personal property conveys to the new owner, and presents a truly unique, turn-key business opportunity. The level of care and attention is exceptionally rare and ensures that the transition to new ownership will be as seamless as possible, allowing you to enjoying the property and/or generate income immediately. Weather it will be you or your guests, 1629-1631 Neptune Ave offers experiences where the beauty of nature meets the comfort of luxury living. It's an invitation to wake up every day to breathtaking ocean views, to stroll mere steps to the sand, and to be a part of a vibrant community that appreciates the outdoors and all it has to offer. This property is a rare find; an amazing investment opportunity coupled with a lifestyle choice that promises endless possibilities.

Location

State CA

County San Diego

Area 92024 - Encinitas

Zoning R-11

Rooms

Main Level Bedrooms 3

Ensuite Laundry Laundry Room, See Remarks

Interior

Interior Features Bedroom on Main Level, Loft, Main Level Primary, Multiple Primary Suites

Laundry Location Laundry Room,See Remarks

Cooling Zoned

Flooring Tile

Fireplaces Type None

Inclusions Property comes completely furnished and all personal property conveys including 3 BBQ's, pizza oven, bicycles, surfboards, decorations, down to the sheets, pillows and stocked kitchen etc.

Fireplace No

Appliance Dryer, Washer

Laundry Laundry Room, See Remarks

Exterior

Garage Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Biking, Fishing, Golf, Water Sports

Amenities Available Other

View Y/N Yes

View Ocean

Parking Type Garage

Attached Garage Yes

Total Parking Spaces 7

Private Pool No

Building

Lot Description 11-15 Units/Acre, Near Public Transit, Yard

Faces West

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

Schools

School District San Dieguito Union

Others

HOA Name Ocean Song

Senior Community No

Tax ID 2540220201

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Peter Antinucci • Swell Property

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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