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Listed by Alexandra Bentley • Lee & Associates
$5,250,000
Est. payment /mo
32,234 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 32,234 sqft
Price per Sqft $162
MLS Listing ID CRNDP2505905
HOA Y/N No
Lot Size 0.740 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
Property Description
Situated in the heart of coastal Encinitas, 534 Ocean View Avenue enjoys a premier location just blocks from the Pacific Ocean. Nestled within one of North County San Diego’s most sought-after beach communities, the property offers immediate proximity to Downtown Encinitas, Moonlight Beach, and the iconic Coast Highway 101 corridor—home to a vibrant mix of shops, restaurants, and local attractions. With excellent walkability, strong visibility, and quick access to Interstate 5 (less than a mile away), the site is perfectly positioned in a thriving, high-demand coastal market. A recently approved Tentative Parcel Map for a 2-lot subdivision unlocks the potential to develop two single-family residential homes and two ADUs on this 0.74-acre site. The property presents an outstanding opportunity for a luxury homebuilder or investor to deliver new product in a market with limited coastal inventory and exceptional buyer demand. With close proximity to the coast and walkable access to beachside amenities, this is a rare chance to acquire a development site in one of Southern California’s most dynamic and desirable coastal cities.
Location
State CA
County San Diego
Interior
Fireplace No
Exterior
View Ocean
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