Hippie Hill Sold

by | Sep 21, 2023 | Encinitas, Leucadia, Local Flavor, Local Government | 1 comment

Paying $6.3 million is the biggest boondoggle since the city paid $10 million for the closed Pacific View school.

ENCINITAS, Calif. – City leaders in Encinitas are moving forward in their purchase of about 1.5 acres of land at La Costa Avenue and Highway 101, known to many as “Hippie Hill.”

“We wanted to see this land preserved and protected,” said Encinitas resident Elena Thompson. The purchase of the land is nearly official, with escrow expected to close by the end of September.

“Having the opportunity to acquire this land and keep it from being developed into timeshares, I think the community has very much appreciated the work that we’re doing here,” Mayor Tony Kranz said.

The northern end of Leucadia has seen the construction of a hotel and more development on the way including a nearby apartment complex, so the preservation of this land was paramount for long-time locals.

“Now it’s not going to be developed. That’s great for the city. It’s a small parcel, but every open space is great,” Scott Campbell said.

At Wednesday’s city council meeting, council talked about how they plan to finance the land, purchased for $6 million.

The city plans to use cash reserves for the initial purchase and then use lease revenue bonds to build the reserves back up.

“Some are a little concerned about what effect the roughly $400,000 a year that servicing this debt is going to have on our budget. I think that it’s important enough that we will make it work,” Kranz said.

The public will be asked to weigh in on what they want to see done with the open space at a future city council meeting.

https://fox5sandiego.com/news/local-news/city-of-encinitas-moves-forward-with-purchase-of-hippie-hill-for-6-million/

Oceanfront Custom Estate

by | Sep 16, 2023 | Bubbleinfo TV, Encinitas, Leucadia, Oceanfront | 0 comments

I did the quickie video tour – here is the full description:

Built from the ground up in 2016 with one of the largest oceanfront backyards in Encinitas with upper and lower sea wall framed in steel and concrete, 828 Neptune is not only a beautiful Tuscan estate perched atop one of the most magnificent strips of California coastline, it is one of the best constructed oceanfront sites in all of Encinitas. This 3 story, home features a custom wrought iron spiral staircase with a statement 27 foot Bocci glass chandelier, solid walnut plank flooring, Soffit ceilings, Venetian plaster wall finish with crown molding throughout, home theatre perfect for entertaining and frameless glass doors looking out to unobstructed Pacific Ocean views! The kitchen was designed by world-renowned Kitchen Expo – Rich Famie fully equipped with Wolf appliances, cherrywood cabinets, Phylrich & Hansgrohe oil rubbed bronze plumbing fixtures and Madagascar stone countertops with natural curves inspired by those of the ocean. The primary retreat is situated on the top floor overlooking the ocean with a spa-like primary bath featuring heated floors, towel heaters, a steam shower, jetted tub and sauna. From the atmospheric variable color change lighting throughout to the elevator with changing mosaic art on each floor (designed by Rick Sakalic); this home is not only a work of art but also inspired by the majestic beauty of its natural coastal surroundings with modern luxury conveniences. The home has a full home automation system to manage lighting, security, surveillance, audio/visual and window shades and a 3 car garage with a lift. This property is truly one of a kind in a prime location offering a lifestyle that is coveted by most but attained by few. Sold for $11,500,000 cash.

Not a great comp for this guy:

Link to WSJ article about 1230 Neptune priced at $28.75 million

Higher-End Leucadia

by | Jun 1, 2023 | Bubbleinfo TV, Leucadia | 0 comments

I go way back with the listing agents Maxine and Marti here – we all worked for Jerry Campbell back in the day when Mike Ferry (not Tom) was just starting out and he came to our office to conduct one of his first Action Workshops in person. He told me once, “You know why you’re not married? Because no woman has decided to marry you yet.”

South Carlsbad/Encinitas 1967

by | May 31, 2023 | Carlsbad, Encinitas, Leucadia, Local Flavor | 0 comments

Here’s a sky shot of the South Carlsbad/Encinitas region in 1967. The La Costa Resort opened in 1965 (in the center of the photo) and another nine holes was added on the north end in 1984.

https://www.omnihotels.com/hotels/san-diego-la-costa/property-details/history/by-decade

Leucadia Blvd. didn’t go through until later, and Rancho Santa Fe Road goes up through San Marcos but there isn’t much else east of El Camino Real!

This is the full 1800×1800 image and should allow you to zoom in on desktops and iphones. I’m not having any luck with the pixel phones yet though!

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