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Key Details
Sold Price $3,550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Encinitas
MLS Listing ID 180067325
Sold Date 12/30/19
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1932
Lot Size 1.670 Acres
Acres 1.67
Property Description
Coastal Encinitas opportunities like this are rare & this incredible large corner view property immediately inspires the imagination with panoramic ocean views with an existing 2,700 SF multi-functional residence and 1.67 acres, zoned R-3, which allows for lot sizes of 14,500 SF. The owner has conducted preliminary yield studies that indicate the opportunity to achieve up to 4 lots. Ideally located, walk to 101 eateries, shops and beaches, everything to love about Encinitas is actually only steps away. Coastal Encinitas opportunities like this are rare & this incredible large corner view property immediately inspires the imagination with panoramic ocean views with an existing 2,700 SF multi-functional residence & 1.67 acres, zoned R-3, which allows for lot sizes of 14,500 SF. The owner has conducted preliminary yield studies that indicate the opportunity to achieve up to 4 lots. Ideally located, walk to 101 eateries, shops and beaches, everything to love about Encinitas is actually only steps away. THERE ARE MULTITUDE OF POTENTIAL OPTIONS AT 858 HYMETTUS AVE. A FEW TO CONSIDER ARE: OPTION #1 - 3 LOTS - RETAIN THE EXISTING RESIDENCE AS A COASTAL VIEW COMPOUND WITH A PRIVATE ENTRANCE OFF HYMETTUS, THEN SUBDIVIDE, SELL OR DEVELOP THE LOWER 2 LOTS ENTERING OFF FULVIA BELOW. OPTION #2 - 4 LOTS - BASED ON THE INITIAL YIELD STUDIES AND DEPENDING ON THE BUYER’S CHOICE FOR LOT LAYOUT, DEMOLISH THE EXISTING RESIDENCE WITH THE OPPORTUNITY TO CREATE 4 OCEAN VIEW LOTS.. Neighborhoods: West of 1-5 Other Fees: 0 Sewer: Sewer Available Topography: GSL
Location
State CA
County San Diego
Area 92024 - Encinitas
Rooms
Ensuite Laundry In Garage, See Remarks
Interior
Interior Features Bedroom on Main Level, Main Level Master
Laundry Location In Garage,See Remarks
Heating See Remarks
Cooling None
Flooring Carpet, Wood
Fireplaces Type Family Room, Living Room, Master Bedroom
Fireplace Yes
Appliance Refrigerator
Laundry In Garage, See Remarks
Exterior
Garage Carport, Driveway, On Site
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N Yes
View Ocean
Roof Type Composition
Porch Brick, Patio
Parking Type Carport, Driveway, On Site
Total Parking Spaces 8
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Tax ID 2543311200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Amy Green • Coastal Premier Properties