$4,000,000

A rare expanse of usable coastal land, with the space to create something exceptional. Set west of I-5 in Encinitas, just one block from the water, these two legal parcels encompass approximately 0.80 acres of flat, usable land with R3 zoning, an existing approximately 2,000 square foot residence, and an ADU. The combination of location, generous acreage, and flexibility offers compelling possibilities for a private estate, a multigenerational compound, or future development. For those envisioning a personal coastal retreat, the grounds offer room to explore a substantial main residence, an ADU and Junior ADU, a pool, landscaped gardens, an outdoor kitchen, and a pickleball court, subject to applicable approvals. Thoughtfully designed upper levels may capture western ocean views, while the expansive site provides space for privacy and outdoor living that is increasingly difficult to find this close to the coast. For a developer, the two legal parcels present the opportunity to explore two separate luxury residences, with any additional density or potential SB 9 strategy subject to City approval. The existing residence and ADU offer flexibility while future plans take shape, whether occupied, rented, or used during the planning and permitting process. The proposed La Costa pedestrian walkway further enhances access to Highway 101, nearby beaches, Alila Marea Beach Resort, and the restaurants, and boutiques that make this stretch of coastline so desirable. Whether the vision is a private estate surrounded by gardens, a coastal compound for generations to enjoy, or a collection of thoughtfully designed luxury homes, this property offers an extraordinary foundation: substantial usable land, two legal parcels, and a coveted Encinitas location moments from the ocean. All utilities at the property (water, electrical, sewer)

163 La Costa Avenue