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534 Ocean View Ave 0.74 Acres of Residential Land Offered at $5,250,000 in Encinitas, CA 92024

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EXECUTIVE SUMMARY

Situated in the heart of coastal Encinitas, 534
Ocean View Avenue enjoys a premier location just
blocks from the Pacific Ocean. Nestled within one of
North County San Diego’s most sought-after beach
communities, the property offers immediate proximity
to Downtown Encinitas, Moonlight Beach, and the
iconic Coast Highway 101 corridor—home to a vibrant
mix of shops, restaurants, and local attractions. With
excellent walkability, strong visibility, and quick access
to Interstate 5 (less than a mile away), the site is
perfectly positioned in a thriving, high-demand coastal
market.
A recently approved Tentative Parcel Map for a 2-lot
subdivision unlocks the potential to develop two
single-family residential homes and two ADUs on this
0.74-acre site. The property presents an outstanding
opportunity for a luxury homebuilder or investor to
deliver new product in a market with limited coastal
inventory and exceptional buyer demand. With
close proximity to the coast and walkable access to
beachside amenities, this is a rare chance to acquire a
development site in one of Southern California’s most
dynamic and desirable coastal cities.

PROPERTY FACTS

Price $5,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 0.74 AC
Zoning R-3 - Residential 3

1 LOT AVAILABLE

Lot

Price $5,250,000
Price Per AC $7,094,594.59
Lot Size 0.74 AC
  • Listing ID: 36275117

  • Date on Market: 6/16/2025

  • Last Updated:

  • Address: 534 Ocean View Ave, Encinitas, CA 92024

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