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.
For sale
$22,880,000
1230 Neptune Ave, Encinitas, CA 92024
4beds
7,089sqft
Single Family Residence
Built in 2023
10,018 Square Feet Lot
$20,909,900 Zestimate®
$3,228/sqft
$-- HOA
What's special
- 71 days
- 2,316
- 116
Zillow last checked:
Listing updated:
Listed by:
Thomas A Jacobs DRE #01983365 858-945-2678,
Compass
Source: SDMLS,MLS#: 260017585
Originating 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: $2,708,048
- Date on market: 7/20/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$20,909,900
$19.86M - $21.96M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $22,880,000-4.3%$3,228/sqft |
Source: | ||
| 12/23/2025 | Listing removed | $23,900,000$3,371/sqft |
Source: | ||
| 6/29/2025 | Listed for sale | $23,900,000-13.1%$3,371/sqft |
Source: | ||
| 1/1/2024 | Listing removed | $27,500,000$3,879/sqft |
Source: | ||
| 10/20/2023 | Listed for sale | $27,500,000+4682.6%$3,879/sqft |
Source: | ||
| 8/27/1998 | Sold | $575,000$81/sqft |
Source: Public Record Report a problem | ||
| 9/26/1997 | Sold | $575,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,708,048 +2% |
| 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
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