Located on one of the most coveted oceanfront streets in Encinitas, 515 Neptune Avenue presents a rare chance to own a property in this highly sought-after coastal enclave. Just steps from the sand and surf, this home offers some ocean views and endless potential. Set on an expansive 11,000+ sq. ft. lot, the property features a spacious main residence complemented by a single-level 2-bedroom, 1-bath ADU, ideal for multi-generational living, extended guests, or income potential. Outdoor living shines with a Pebble Tec pool and plenty of space to re-envision your own private retreat. Additional highlights include an attached 2-car garage and the versatility to either refresh the existing home or design a brand-new custom coastal estate. This property represents more than a home—it’s an opportunity to remodel or build new in one of the most desirable locations along the Southern California coastline.
Listed by James Jam
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License #01053459
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Berkshire Hathaway HomeService
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james@jamesjam.com
Last updated October 22, 2025
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Source: CRMLS #NDP2509561
Listing Facts
TypeMulti-family
NeighborhoodLeucadia
Bedrooms5
Bathrooms4
Days on Prevu20
Size3,191 sqft
Price per sqft$939
Amenities
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/17/2025
Price Decreased
$2,995,000
10/08/2025
Price Decreased
$3,200,000
10/04/2025
Price Decreased
$3,450,000
10/02/2025
Listed by Berkshire Hathaway HomeService
$3,889,000
Property Details for 515 Neptune Avenue
Association
Amenities
Community Features: Street Lights, Sidewalks
General
Number Of Units In Community: 2
Exterior
Construction
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1985
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front door
Features
Pool Features: In Ground
Pool Private: Yes
View: Neighborhood
Measurements
Lot Features: Front Yard, Landscaped
Lot Size Acres: 0.26
Lot Size Area: 11,657
Lot Size Source: Assessor
Lot Size Square Feet: 11,657
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 2562621900
Interior
Measurements
Living Area: 3,191
Living Area Source: Assessor
Living Area Units: Square Feet
Rooms
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 5
Main Level Bathrooms: 2
Main Level Bedrooms: 3
Parking
Parking
Attached Garage: Yes
Garage Spaces: 2
Garage: Yes
Parking Total: 2
Schools
High School
High School District: San Dieguito Union
Utilities
Equipment
Laundry Features: Laundry Closet
Sewer: Public Sewer
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.