This location is ideal because it’s right at the end of Carlsbad Village Drive and the closest you can get to the village. There have been three houses sell on this street for more than $10,000,000 – shouldn’t a brand-new house sell for close to that? Build three here!
Judging by the commentary, maybe the discount was warranted?
This is 150ft away from my $1,999,000 listing – I can’t be too far off (we have received an offer):
Original condition from 1963 – the ultimate bohemian beachfront lifestyle!
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 millionThis sold for $4,488,000 after 76 days on the market, which was $400,000 under the original list price (and $100,000 under the list price at time of sale). It is the second highest-priced sale ever of an attached home on the beach in Carlsbad!
Let’s go from $23,500,000 in Leucadia to $2,333,000 (list was $2,079,000) – and be on the same ocean!
Kelly has done a masterful job getting mass exposure coast-to-coast, and here’s Architectural Digest’s tour. Just don’t read the YouTube comments:
With the Crescent House now on the market for $23.5 million, you can’t really blame the sellers of this property for asking $6 million (lot size is 9,730sf):
https://www.compass.com/app/listing/1478-neptune-avenue-encinitas-ca-92024/1048694367041065425
Congratulations to Kelly and team for their new listing of this iconic 6,329sf masterpiece on the bluff by Wallace Cunningham – the same architect who designed the Razor House in La Jolla (that Alicia bought):
This sold for $6,000,000 cash (5% over list) and 7-day escrow:
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