Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
$11,000,000

1112 Neptune Ave, Encinitas, CA 92024

5Beds
4Baths
3,556Sq ft
1984Built

Listed by Matt Greene, Compass · matt.greene@compass.com

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

A rare expression of Southern California coastal luxury, set directly above the Pacific on the coveted bluff front of Neptune Avenue in Leucadia. With sweeping ocean and sunset views, a permitted seawall, and private stairs leading to the beach below, this exceptional residence offers an unparalleled connection to the coastline. More than 1,300 square feet of ocean-view terraces create a spectacular setting for effortless indoor-outdoor living, complete with an oceanfront spa, firepit, built-in outdoor kitchen with wine fridge and ice maker, outdoor shower, custom lighting, and expansive areas designed for sunset entertaining. Inside, warm wood floors, abundant natural light, and refined finishes create a sophisticated yet inviting atmosphere. The private primary retreat features sweeping Pacific views, a fireplace, spa-inspired bath, and a remarkable custom walk-in closet overlooking the ocean. A Crestron intelligent-home system seamlessly controls the residence, while comprehensive security, a private sauna, and two separate attached garages provide an exceptional level of comfort and convenience. Adding to the property’s rarity, its two legal addresses offer the unique potential for two private residences. Moments from the heart of Leucadia and Coast Highway, this is an extraordinary opportunity to own one of Encinitas’ most coveted coastal settings, a true front-row seat to the Pacific.

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$3,093Price per sq ft
NoneHOA dues
NoneMello-Roos / CFD
3 garage + 2Parking spaces
NoADU / guest unit
198442 years old
71Days on market

Interior

Bedrooms5
Bathrooms4 full
Living area3,556 sq ft
LevelsSplit Level
RoomsBedroom Entry LevelDining AreaGreat RoomPrimary RetreatOfficeOptional BedroomsSauna/SteamKitchenLiving RoomPrimary BedroomFamily KitchenLaundryPrimary BathroomWalk-In ClosetWalk-In Pantry
AppliancesDishwasherDisposalDryerGarage Door OpenerMicrowavePool/Spa/EquipmentRefrigeratorWasherWater FiltrationWater SoftenerGas & Electric RangeGas OvenGas StoveGrillIce MakerBarbecueGas RangeWater PurifierBuilt-InGas Cooking
FlooringBambooTileWood
Interior featuresBalconyBathtub
Fireplace2 · Fire Pit, FP in Living Room, FP in Primary BR, Patio/Outdoors
LaundryGas & Electric Dryer HU

Room sizes

Primary bedroom19 × 14 ft
Bedroom 217 × 11 ft
Bedroom 314 × 12 ft
Bedroom 412 × 11 ft
Bedroom 513 × 11 ft
Living room25 × 24 ft
Kitchen16 × 15 ft

Heating, cooling & utilities

HeatingFireplace, Forced Air Unit (Natural Gas)
CoolingCentral Forced Air
WaterMeter on Property
SewerSewer Connected
IrrigationAutomatic

Exterior & lot

Lot size7,500-10,889 SF
ViewOceanPanoramicPanoramic OceanWhite Water
SpaYes
Patio & porchAwning/Porch CoveredDeck
FencingFull, Gate, Security
Other structuresSauna Private

Construction

Year built1984
Exterior wallsStucco
RoofTile/Clay
SecurityEqpt Owned

Parking

Garage spaces3
Other spaces2
Total spaces5
Parking featuresAttached

HOA, fees & community

HOA duesNone
Mello-Roos / CFDNone
Community featuresBBQ

Property & listing details

Home typeDetached
OwnershipFee Simple
Parcel number (APN)254-241-09-00
NeighborhoodLeucadia
Subdivision / tractENCINITAS
MLS areaCoastal North
CountySan Diego
Accepted financingCash, Conventional
Listed onAug 31, 2026
Original list price$11,000,000
Last price changeAug 31, 2026
Days on market71
MLS #260021374

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Off-market · not on Zillow, Redfin or the MLS

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Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.

What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.15% a year)—
Home insurance (California average)—
HOA duesNone listed
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92024 is about $4,249/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92024
+5%1 year
+32%5 years
+107%10 years

Estimates, not a loan quote. Tax uses the San Diego County typical rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

This home vs. its market

Encinitas (Cardiff & Leucadia) is a Seller's market

2.5 months of inventory for houses in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.

$3,093Price per sq ft (area: $1,180, 162% above)
71 daysOn market (area median: 14 days)
$2,300,000Area median house price (+2% vs last year)
98%Of list price that sellers got

Area figures: San Diego MLS closed sales, October 2026, houses in Encinitas, compiled by Jeff Brick.

The neighborhood

Living in Encinitas

$2,075,000Median sale price
55Avg. days on market
51Homes for sale

Market data: SDMLS.

Read the full Encinitas guide →
Schools

Schools for this home

Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.

See all Encinitas schools in Jeff's guide →

Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 4:35 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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