1629 1631 Neptune Avenue, Encinitas

$5,799,000

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6

Beds

6

Baths

3,840

Square feet

0.14

Acres

Listing Agent
Peter Antinucci - Swell Property

About 1629 1631 Neptune Avenue

Welcome to 1629-1631 Neptune Ave, a remarkable turn-key ocean view duplex that offers 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 in the duplex 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 in the duplex 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.

Features of 1629 1631 Neptune Avenue

MLS® # NDP2404221
Price $5,799,000
Bedrooms 6
Bathrooms 6.00
Full Baths 6
Square Footage 3,840
Acres 0.14
Year Built 1978
Type Residential
Sub-Type Duplex
Status Active

Community Information

Address 1629 1631 Neptune Avenue
Area 92024 - Encinitas
City Encinitas
County San Diego
Zip Code 92024

Amenities

Amenities Other
Parking Spaces 7
Parking Garage
# of Garages 3
Garages Garage
View Ocean
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Tile
Interior Features Bedroom on Main Level, Loft, Main Level Primary, Multiple Primary Suites
Appliances Dryer, Washer
Cooling Zoned
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Multi/Split

Exterior

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

School Information

District San Dieguito Union

Additional Information

Date Listed May 14th, 2024
Days on Market 64
Zoning R-11
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentPeter Antinucci
OfficeSwell Property

Listing Map

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