Listed by Kyle Murphy, Coldwell Banker Realty, (760) 753-5616 . Bought with Windermere Real Estate
1046-48 Neptune Ave
Encinitas, CA 92024
- Studio
- 3,421 sqft
Studio
3,421 sqft
Local Information
-- mins to
Description
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). It is currently off market. The Trulia Estimate is $6,556,600, with a rent estimate of $4,985/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
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 |
Last check for updates: about 9 hours ago
Listed by Kyle Murphy DRE #01847767
Coldwell Banker Realty
Janet McCollough DRE #00887068, (760) 613-5263
Coldwell Banker Realty
Bought with: Kara Brem DRE #01939667, (831) 818-3050, Windermere Real Estate
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Source: CRMLS, MLS#NDP2404822

Price History for 1046-48 Neptune Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/11/2025 | $6,500,000 | Sold | CRMLS #NDP2404822 |
| 05/19/2025 | $6,995,000 | Pending | CRMLS #NDP2404822 |
| 04/25/2025 | $6,995,000 | PriceChange | CRMLS #NDP2404822 |
| 03/13/2025 | $7,550,000 | PriceChange | CRMLS #NDP2404822 |
| 06/04/2024 | $7,850,000 | Listed For Sale | CRMLS #NDP2404822 |
Market trends in Encinitas
Last updated June 2026
Avg. sale price
$2.07M
$71.33KMoM
Sale-to-List Price
99.7%
0.2%MoM
Price per sq ft
$1,000
$22MoM
Available listings
158
5MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,776 |
| Assessment | $330,415 |
Home facts updated by county records
Comparable Sales for 1046-48 Neptune Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $2,500,000 | 09/30/25 | 8 | 12 | 3,102 | |
0.45 | Multi-Family Home | $1,751,000 | 03/06/26 | 2 | 2.5 | 1,313 | |
0.24 | Multi-Family Home | $5,487,000 | 07/25/25 | 3 | 3 | 5,963 | |
0.56 | Multi-Family Home | $2,200,000 | 09/08/25 | 4 | 3 | - | |
1.85 | Multi-Family Home | $2,870,000 | 12/19/25 | 4 | 4 | - | |
2.53 | Multi-Family Home | $1,593,700 | 10/30/25 | 10 | 6 | 2,180 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1046-48 Neptune Ave.
What Locals Say about Encinitas
At least 398 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
62 % 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.
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Apartments for Rent
Homes for sale near 1046-48 Neptune Ave
Off Market Homes Near 1046-48 Neptune Ave

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 2026-07-16 14:12:31 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 2026-07-16 14:12:31 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