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Sold for $6,500,000 on 06/11/25
  • Listing Provided by: 

    Kyle Murphy DRE #01847767 kyle@dirtrealtor.com,

    Coldwell Banker Realty,

    Janet McCollough DRE #00887068 760-613-5263,

    Coldwell Banker Realty

    $6,500,000

    1046-48 Neptune Ave, Encinitas, CA 92024

    --beds
    --baths
    3,421sqft
    Multi Family
    Built in 1974
    -- sqft lot
    $6,414,000 Zestimate®
    $1,900/sqft
    $5,303 Estimated rent

    What's special

    First time on the market, here is your opportunity to enjoy endless panoramic ocean views, beautiful sunsets, nice ocean breezes, and daily dolphin shows from the comfort of your living room. This spectacular home was designed, built, and has been lovingly cared for by legendary surfer and waterman Kit Horn and his wife Gwen. Kit, known for being a big wave surfing pioneer in California and Hawaii, chose this place to call home and raise his family. Gwen designed this unique “New England Cape Cod Style” ocean front home, which has private stairs down a gently sloping bluff to the beach. Nearly a quarter acre, this property offers 50 feet of beach frontage. The main level of the home is highlighted by an oversized great room with breathtaking ocean views on one side and a beautiful rock fireplace on the other flanked by wood bookshelves. There is an additional fireplace located in the kitchen/breakfast eating area. The expansive primary bedroom that measures 40’ x 16’ offers a fireplace, wood ceiling that peaks at 13’ high, and multiple sliders leading to your expansive deck looking west. The second floor also included a large primary bath and secondary bedroom. The wood ceilings and skylights add to this distinctive home. Included with this home is an oversize additional unit with a fireplace, full kitchen, and tall wood ceiling. Both units are under the same roof so this could be reconfigured easily to join the main house. This beautiful home is positioned over looking the Beacons “North Reef” surf break and is near the vibrant 101 Corridor with numerous outstanding restaurants, pubs, and eclectic shops. You’ll enjoy long strolls on the sand, surfing fun waves, and countless sunsets. Living here makes you never want to leave home.

    Zillow last checked: 7 hours ago

    Listing updated: June 12, 2025 at 12:04pm

    Listing Provided by:

    Kyle Murphy DRE #01847767 kyle@dirtrealtor.com,

    Coldwell Banker Realty,

    Janet McCollough DRE #00887068 760-613-5263,

    Coldwell Banker Realty

    Bought with:

    Kara Brem, DRE #01939667

    Windermere Real Estate

    Source: CRMLS,MLS#: NDP2404822MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Heating
    • Forced Air, Fireplace(s)
    Appliances
    • Laundry: In Garage
    Features
    • Has fireplace: Yes
    • Fireplace features: Kitchen, Living Room, Primary Bedroom
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,421
    • Total interior livable area: 3,421 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front, Waterfront
    Lot
    • Size: 9,233 sqft
    • Dimensions: 53' x 194' x 50' x 175'
    • Features: Waterfront
    Details
    • Parcel number: 2542912300
    • Zoning: R11
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Fishing, Water Sports
    Location
    • Region: Encinitas

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $6,414,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $6,414,000