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For sale
  • $22,880,000

    1230 Neptune Ave, Encinitas, CA 92024

    4beds
    7,089sqft
    : 
    $152,030/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    10,018 Square Feet Lot
    $21,766,900 Zestimate®
    $3,228/sqft
    $-- HOA

    What's special

    A Coastal Masterpiece, this luxury estate represents the final chapter of California's golden age of coastal development. Over a quarter-century in the making, this site was selected for its exceptional bluff positioning 65 feet above the water, offering a unique vantage point unlike any other delivering views superior to properties directly on the waterline. The architectural narrative unfolds through a dramatic multi-story entry, where an 800-pound pivot door yields to the unfurling of an endless ocean view. A commercial grade elevator provides seamless vertical integration to all four floors, while walls of glass and steel frame infinity views of the Pacific from La Jolla to Dana Point. Along the private direct beach access sit bluff side terraces; private sanctuaries positioned 30 feet above the water. Three Tesla Powerwalls anchor a comprehensive energy management system, while 44 solar panels ensure sustainable operation of the integrated Savant home automation system. The entertainment spaces include a state of the art theater featuring a 15 foot microLED video wall anchoring the media room additionally complemented by wellness amenities including a private gymnasium, sauna, and temperature-controlled walk in wine cellar. The primary suite crowns the residence with a deck inspired by a mega yacht's bow wrapped in rainforest teak floating above the Pacific Ocean. Built under a 2008 coastal permit that preceded transformative 2012 sea level rise regulations, this opportunity represents an unrepeatable opportunity that is, quite literally the first and last of its kind. This property transcends borders along the entirety of the California coastline. It represents the acquisition of an irreplaceable coastal legacy, a sophisticated retreat engineered for discerning individuals who understand that true luxury lies not merely in amenities, but in exclusivity, positioning, and the profound satisfaction of owning something that can never be replicated. For the astute collector of exceptional properties, this residence offers something beyond real estate, it provides entry into an exclusive club of coastal stewardship that, by regulatory design, will never accept new members.
    24 days
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    3,880
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    184
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    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas A Jacobs DRE #01983365 858-945-2678,

    Compass

    Source: SDMLS,MLS#: 260017585MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 7
      • Full bathrooms: 4
      • 1/2 bathrooms: 3
      Heating
      • Forced Air Unit
      Cooling
      • Central Forced Air, Zoned Area(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Pool/Spa/Equipment, Refrigerator, Solar Panels, Washer, Water Filtration, Water Softener, Double Oven, Freezer, Grill, Vented Exhaust Fan, Warmer Oven Drawer, Electric Cooking, Gas Water Heater
      • Laundry: Other/Remarks
      Features
      • Balcony, Bar, Bathtub, Built-Ins, High Ceilings (9 Feet+), Home Automation System, Kitchen Island, Living Room Balcony, Open Floor Plan, Sump Pump, Two Story Ceilings, Wet Bar
      • Flooring: Ceramic Tile, Wood
      • Number of fireplaces: 3
      • Fireplace features: Electric, FP in Family Room, FP in Primary BR, Game Room, Two Way
      Interior area
      • Total structure area: 7,089
      • Total interior livable area: 7,089 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached
      • Garage spaces: 2
      Features
      • Levels: 4 Story
      • Stories: 4
      • Patio & porch: Balcony, Stone/Tile
      • Pool features: N/K
      • Spa features: Yes
      • Fencing: Partial
      • Has view: Yes
      • View description: Bluff, Coastline, Ocean, Panoramic, Panoramic Ocean
      • Has water view: Yes
      • Water view: Ocean,Panoramic Ocean
      • Frontage type: Ocean/Bluff
      Lot
      • Size: 10,018 Square Feet
      Details
      • Additional structures: N/K
      • Parcel number: 2542102300

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Custom Built
      • Property subtype: Single Family Residence
      Materials
      • Wood/Stucco, Stone Veneer
      • Roof: Composition
      Condition
      • Turnkey
      • Year built: 2023

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Available
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Automatic Gate, Carbon Monoxide Detectors, Fire Sprinklers, Fire/Smoke Detection Sys, Security System, Smoke Detector
      • Subdivision: ENCINITAS
      HOA
      • Services included: N/K
      Location
      • Region: Encinitas

      Financial & listing details

      • Price per square foot: $3,228/sqft
      • Tax assessed value: $2,654,950
      • Annual tax amount: $29,210
      • Date on market: 7/20/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $21,766,900

        $20.68M - $22.86M

        $12,324/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$22,880,000-4.3%$3,228/sqft
        Source: SDMLS #260017585 Report a problem
        12/23/2025Listing removed$23,900,000$3,371/sqft
        Source: SDMLS #250032059 Report a problem
        6/29/2025Listed for sale$23,900,000-13.1%$3,371/sqft
        Source: SDMLS #250032059 Report a problem
        1/1/2024Listing removed$27,500,000$3,879/sqft
        Source: Douglas Elliman #23-294525 Report a problem
        10/20/2023Listed for sale$27,500,000+4682.6%$3,879/sqft
        Source: CLAW #23-294525 Report a problem
        8/27/1998Sold$575,000$81/sqft
        Source: Public Record Report a problem
        9/26/1997Sold$575,000$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,210 +3.8%$2,654,950 +2%
        2024$28,131 +2.5%$2,602,893 +2%
        2023$27,444 +14.3%$2,551,857 +14.4%
        2022$24,000 +10.6%$2,229,814 +11.5%
        2021$21,697 +9.9%$2,000,609 +9.6%
        2020$19,750 +11.3%$1,824,927 +8.8%
        2019$17,753 +24.4%$1,677,539 +28.1%
        2018$14,266 +14%$1,309,468 +14.6%
        2017$12,517 +13.3%$1,142,518 +12.3%
        2016$11,045 +51.9%$1,017,175 +53.6%
        2015$7,269 -11.6%$662,079 -11.6%
        2014$8,219 $748,965 +0.5%
        2013-- $745,581 +2%
        2012-- $730,962 +2%
        2011-- $716,631 +0.8%
        2010-- $711,276 -0.2%
        2009-- $712,967 +2%
        2008-- $698,989
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92024

        Getting around

        75 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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