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About this home
Positioned along one of the most coveted stretches of Neptune Avenue, this exceptional oceanfront residence offers a rare combination of scale, privacy, and timeless quality. Built in 2005 with enduring craftsmanship and premium materials, including Accoya wood trim, the home was designed for both beauty and longevity. Significantly larger than most recent Neptune Avenue offerings, the residence features expansive living spaces, en suite baths for every bedroom, elevator access to all floors, and a rare three-car garage. Outdoor living is exceptional, with an expansive 60x40 foot oceanfront terrace offering substantially more usable waterfront space than most homes on Neptune Avenue, ideal for entertaining or enjoying panoramic sunsets. The property is further enhanced by both a lower seawall and upper bluff retention system, valuable improvements rarely found together. Set back from the street, a private front lanai with a covered seating area and fireplace creates a welcoming outdoor living room, sheltered from both the street and coastal elements. Ideally located in the heart of Neptune Avenue, the home is just minutes from Beacons, Stone Steps, and Moonlight Beach, as well as the shops, restaurants, and cafés of downtown Encinitas. A rare opportunity to own one of Encinitas's premier oceanfront homes, offering exceptional volume, privacy, quality construction, and an irreplaceable coastal lifestyle. Buyer closed escrow and decided on a different property, post closing. The home is being resold at no fault of the property.
Leucadia, located between Carlsbad and Cardiff-by-the-Sea, is a coastal and laid-back Encinitas neighborhood with a surf-break shoreline and a low-slung, eclectic streetscape. The neighborhood’s character concentrates around North Coast Highway 101 at Leucadia Boulevard, where taco counters, coffee windows, plant shops, and small galleries line the sidewalk. Mid-century cottages, beach bungalows, and contemporary infill sit behind palms and privacy hedges, giving many blocks a tucked-away feel. Beacon’s Beach and Grandview Surf Beach set the daily rhythm with blufftop paths and stairway access to the sand. Local pillars like Pannikin Coffee & Tea, Leucadia Farmers Market, and the historic La Paloma Theatre anchor the area’s creative, beach-town cadence.
Provided by Walk Score and Local Logic
Offer insights
518 Neptune Ave · $7,800,000
$7.86M and above
75% chance or better to win
Why $7.86M+ is a strong offer
DAYS ON MARKET
12 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Three fireplaces (living room, master bedroom, outside)
Barbecue
Balcony
Deck, patio and porch
Bedrooms
Up to 4 bedrooms possible
Bathrooms
4 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Refrigerator
Gas oven
Gas range / gas cooktop
Range
Oven
Range hood
Laundry & utility
Gas water heater
Flooring
Stone flooring
Heating & cooling
Central air conditioning
Forced air heating
Natural gas heating
Exterior features
Oceanfront frontage
On the waterfront
Has view
Full fencing with gate
Automatic sprinklers / irrigation
Home design
Single family residence (detached)
Residential property
Parking
Attached garage
3 garage spaces (5 parking spaces total)
Construction
Stucco construction
Utilities
Sewer connected
Water connected
Electricity available and connected
Natural gas available and connected
Other
Pets allowed
Electricity and solar
View estimated energy costs and solar savings for this home
Positioned along one of the most coveted stretches of Neptune Avenue, this exceptional oceanfront residence offers a rare combination of scale, privacy, and timeless quality. Built in 2013 with enduring craftsmanship and premium materials, including Accoya wood trim, the home was designed for both beauty and longevity. Significantly larger than most recent Neptune Avenue offerings, the residence features expansive living spaces, en suite baths for every bedroom, elevator access to all floors, and a rare three-car garage. Outdoor living is exceptional, with an expansive 60x40 foot oceanfront terrace offering substantially more usable waterfront space than most homes on Neptune Avenue, ideal for entertaining or enjoying panoramic sunsets. The property is further enhanced by both a lower seawall and upper bluff retention system, valuable improvements rarely found together. Set back from the street, a private front lanai with a covered seating area and fireplace creates a welcoming outdoor living room, sheltered from both the street and coastal elements. Ideally located in the heart of Neptune Avenue, the home is just minutes from Beacons, Stone Steps, and Moonlight Beach, as well as the shops, restaurants, and cafés of downtown Encinitas. A rare opportunity to own one of Encinitas's premier oceanfront homes, offering exceptional volume, privacy, quality construction, and an irreplaceable coastal lifestyle. Showings to commence on 7/6.
SDMLS #130016273
Aug 13, 2013
Listing Removed
—
Aug 13, 2013
Listing Removed
—
Jun 13, 2013
Price Changed
$5,250,000
$1,402/sq ft
Apr 2, 2013
Listed
$5,495,000
$1,467/sq ft
Mar 22, 2013
Listed
$5,250,000
$1,402/sq ft
CRMLS #21027634
Jul 5, 2002
Listing Removed
—
Jul 5, 2002
Listing Removed
—
Jun 3, 2002
Listed
$1,500
$0/sq ft
Jun 3, 2002
Listed
$1,500
$0/sq ft
CRMLS #11018653
Nov 1, 2001
Listing Removed
—
Oct 11, 2001
Listed
$3,500
$1/sq ft
Public Records
May 24, 1990
Sold
$870,000
$232/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$26,561 (+4.6%)
$1,536,828 + $884,347
$2,421,175
2024
$25,401 (+2.8%)
$1,506,695 + $867,007
$2,373,702
2023
$24,715 (+1.9%)
$1,477,152 + $850,007
$2,327,159
2022
$24,254 (+1.6%)
$1,448,189 + $833,341
$2,281,530
2021
$23,882 (+1.0%)
$1,419,794 + $817,001
$2,236,795
2020
$23,640 (+2.1%)
$1,391,955 + $800,982
$2,192,937
2019
$23,161 (+2.0%)
$1,377,683 + $792,769
$2,170,452
2018
$22,717 (+1.6%)
$1,350,670 + $777,225
$2,127,895
2017
$22,362 (+3.0%)
$1,298,223 + $747,046
$2,045,269
2016
$21,700 (+1.2%)
$1,298,223 + $747,046
$2,045,269
2015
$21,436 (+1.6%)
$1,272,768 + $732,399
$2,005,167
2014
$21,104 (−1.5%)
$1,229,093 + $707,267
$1,936,360
2013
$21,430 (+4.8%)
$1,229,093 + $707,267
$1,936,360
2012
$20,452 (+1.8%)
$1,223,539 + $704,071
$1,927,610
2011
$20,088 (+1.5%)
$1,199,549 + $690,266
$1,889,815
2010
$19,794 (+0.8%)
$1,176,029 + $676,732
$1,852,761
2009
$19,632 (+3.1%)
$1,167,240 + $671,675
$1,838,915
2008
$19,048
$1,170,013 + $673,271
$1,843,284
Public record
Public record
Zoning
Beds
3
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
2004
Finished Sq. Ft.
3,745
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,745
Year built
2004
Style
Single Family Residential
County
San Diego County
APN
2562610200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
R8
Residential 8 Zone
Residential 8 is intended to provide for suburban single-family detached residential units with minimum lot sizes of 5,400 net square feet and maximum densities of eight units per net acre. One primary dwelling is permitted on each legal lot. Single-family units may be attached to other single-family units provided each unit is located on a separate legal lot with approval of a PRD.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Agriculture-Pastureland
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
4 days above 84° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Encinitas, CA • 92024
Average low and high temperatures (°F)
68
46
68
49
70
51
68
53
70
58
73
62
72
63
75
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 518 Neptune Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $2,830,000 and $11,150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $2.8M to $11.2M.