Listed by Kyle Murphy, Coldwell Banker Realty . Bought with Windermere Real Estate
$6,539,300
- Studio
- 3,421 sqft
1046-48 Neptune Ave, Encinitas, CA 92024
Est. Refi. Payment $40,905/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 11, 2025 for $6,500,000
Home Value
Trulia Estimate
$6.54MSince last month
Decreased$29K (-0.4%)Since last year
Increased$95K (+1.5%)Since last sale
$1K (0%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +179% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $6.5M |
| August 2026 | $6.53M |
| July 2026 | $6.53M |
| June 2026 | $6.59M |
| May 2026 | $6.37M |
| April 2026 | $6.43M |
| March 2026 | $6.51M |
| February 2026 | $6.49M |
| January 2026 | $6.58M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Multi-Family Home | $1,751,000 | 03/06/26 | 2 | 2.5 | 1,313 | |
1.85 | Multi-Family Home | $2,870,000 | 12/19/25 | 4 | 4 | - | |
2.64 | Multi-Family Home | $2,100,000 | 12/04/25 | 8 | 5 | - | |
2.51 | Multi-Family Home | $1,510,000 | 08/20/26 | 8 | 5 | 2,155 | |
2.53 | Multi-Family Home | $1,593,700 | 10/30/25 | 10 | 6 | 2,180 | |
2.56 | Multi-Family Home | $1,520,000 | 08/20/26 | 5 | 3 | 2,155 | |
2.06 | Multi-Family Home | $1,142,000 | 02/13/26 | 2 | 1 | 827 | |
2.17 | Multi-Family Home | $1,925,000 | 06/26/26 | 3 | 2.5 | 2,311 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $6,539,300 | 3 | 3.5 | 3,421 | Off Market | |
0.05 | $3,500,800 | 4 | 3.5 | 1,910 | Off Market | |
0.06 | $640,100 | 2 | 2 | 1,000 | Off Market | |
0.06 | $290,000 | 1 | 1 | 600 | Recently Sold | |
0.06 | $315,000 | 1 | 1 | 511 | For Sale | |
0.06 | $175,000 | 1 | 1 | 392 | Recently Sold | |
0.06 | $309,000 | 1 | 1 | 330 | Off Market | |
0.06 | $5,295,000 | 3 | 3 | 2,680 | Recently Sold | |
0.09 | $11,000,000 | 5 | 4 | 3,556 | For Sale | |
0.07 | $3,018,800 | 3 | 3.5 | 1,950 | Off Market | |
0.07 | $3,018,800 | 2 | 2 | 1,272 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1974
3,421 sqft
$1,912/sqft
Garage
About this House
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.
1046-48 Neptune Ave, Encinitas, CA 92024 is a studio, 3,421 sqft multi-family built in 1974. It last sold for $6,500,000 on Jun 11, 2025 (7% below the $6,995,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $6,539,300, with a rent estimate of $5,193/month.
Home Details for 1046-48 Neptune Ave
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Appliances & Utilities Laundry: In Garage |
Heating & Cooling Heating: Forced Air,Fireplace(s)No CoolingHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Kitchen, Living Room, Primary BedroomHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: 1 |
View Has a ViewView: Coastline, Ocean, Panoramic, Water |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageParking Spaces: 3Parking: Garage |
Pool Pool: None |
Frontage WaterfrontWaterfront: Beach Access, Beach Front, Ocean Access, Ocean Front, WaterfrontOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 2542912300 |
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Price List Price: $6,995,000 |
Status Change & Dates Off Market Date: Tue May 06 2025 |
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MLS Status: Closed |
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Direction & Address City: Encinitas |
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Building Area Building Area: 3421 Square Feet |
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Community Features: Fishing, Water SportsNot Senior Community |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs) |
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Lot Area: 9233 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional |
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No Rent Control |
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Mls Number: NDP2404822Living Area Range Units: Square FeetWater ViewWater View: Coastline, Ocean, WaterAttribution Contact: kyle@dirtrealtor.comCommon Interest: NoneUniversal Property Id: US-06073-N-2542912300-R-N |
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FishingWater SportsSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 11, 2025 Source: CRMLS #NDP2404822 | Sold | $6,500,000 |
May 19, 2025 Source: CRMLS #NDP2404822 | Pending | $6,995,000 |
Apr 25, 2025 Source: CRMLS #NDP2404822 | PriceChange | $6,995,000 Price decreased by 7% |
Mar 13, 2025 Source: CRMLS #NDP2404822 | PriceChange | $7,550,000 Price decreased by 4% |
Jun 4, 2024 Source: CRMLS #NDP2404822 | Listed For Sale | $7,850,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $6,630,000 |
Home facts updated by county records
Market trends in Encinitas
Last updated August 2026
Avg. sale price
$2.07M
$8.5KMoM
Sale-to-List Price
99.5%
0.2%MoM
Price per sq ft
$1.03K
$4MoM
Available listings
163
2MoM
Around this home
What Locals Say about Encinitas
At least 400 Trulia users voted on each feature.
95 % Say it's dog friendly
87 % Say car is needed
84 % Say people would walk alone at night
76 % Say parking is easy
75 % Say kids play outside
75 % Say there's holiday spirit
73 % Say yards are well-kept
66 % Say they plan to stay for at least 5 years
65 % Say neighbors are friendly
63 % Say there are sidewalks
61 % Say it's walkable to restaurants
59 % Say it's walkable to grocery stores
59 % Say it's quiet
54 % Say streets are well-lit
52 % Say there's wildlife
50 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-15 01:10:38 PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-15 01:10:38 PDT 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Frequently asked questions about 1046-48 Neptune Ave
- What is 1046-48 Neptune Ave estimated to be worth?Trulia's estimated value for 1046-48 Neptune Ave in Encinitas, CA is $6,539,300.
- What is the price history for 1046-48 Neptune Ave?1046-48 Neptune Ave in Encinitas, CA last sold for $6,500,000 in June 2025.
- Is Encinitas a buyer's or seller's market?Encinitas is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Encinitas?The median sale price in Encinitas is $2.07M. That is up $8.5K from the prior month.
- Does 1046-48 Neptune Ave have laundry facilities?Yes, 1046-48 Neptune Ave in Encinitas, CA has laundry facilities.
- Is there a virtual tour of 1046-48 Neptune Ave?Yes, a virtual tour of 1046-48 Neptune Ave in Encinitas, CA is available.