Skip main navigation
For sale
    • Listed by: Coldwell Banker Realty • Kyle Murphy • Contact: kyle@dirtrealtor.com
    $4,000,000

    1355 Rainbow Ridge Ln, Encinitas, CA 92024

    2beds
    1,170sqft
    : 
    $26,621/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    1.72 Acres Lot
    $3,926,400 Zestimate®
    $3,419/sqft
    $-- HOA

    What's special

    Tastefully updatedExceptional privacyOutstanding viewsPerched atop a hillGated flag-lot parcel
    Looking for outstanding views and acreage (1.72 Ac.), where vivid sunrises and dynamic sunsets are an everyday occurrence? This is it! First time on the market in over 50 years, opportunities like this are truly rare. Perched atop a hill with unbeatable backcountry views of Indian Head Canyon and Encinitas Ranch Golf Course, combined with excellent westerly views toward the ocean, this property offers a breathtaking setting from sunrise to sunset. This gated flag-lot parcel spans 1.72 acres in coastal Leucadia, offering exceptional privacy. You’ll be amazed by how much of the land is flat and usable, perfect for creating a legacy family compound, with the potential to subdivide into two oversized parcels. Current zoning is RR2 (Rural Residential—2 units per acre), with a minimum lot size of 21,500 sq. ft. The well-maintained original concrete block home has been tastefully updated over time and could potentially be retained as fantastic guest quarters. Located near the south end of Rainbow Ridge Lane, the property includes a clicker to a private gate providing convenient ingress and egress to the south, a luxury enjoyed only by this section of the street. This is a once-in-a-lifetime opportunity to enjoy the ultimate coastal lifestyle, with the beach just minutes away, along with great restaurants, shopping, and easy freeway access.
    129 days
    |
    697
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Murphy DRE #01847767 kyle@dirtrealtor.com,

    Coldwell Banker Realty,

    Janet McCollough DRE #00887068 760-613-5263,

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NDP2602774MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: All Bedrooms Up
      Bedroom
      • Features: Bedroom on Main Level
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Refrigerator, Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup
      Features
      • Eat-in Kitchen, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
      • Windows: Double Pane Windows, Screens
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,170 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Garage, Gated
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Patio & porch: Brick
      • Pool features: None
      • Fencing: Partial,Wood
      • Has view: Yes
      • View description: Hills, Mountain(s), Ocean, Panoramic, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      Lot
      • Size: 1.72 Acres
      • Dimensions: 575' x 216' x 295' x 180' x 200' x 20'
      • Features: 2-5 Units/Acre, Landscaped, Value In Land
      Details
      • Parcel number: 2541810500
      • Zoning: RR2 Minimum Lot Size=21,5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Block
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Electric: 220 Volts in Kitchen
      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Rural
      Location
      • Region: Encinitas

      Financial & listing details

      • Price per square foot: $3,419/sqft
      • Tax assessed value: $152,961
      • Annual tax amount: $2,246
      • Date on market: 3/24/2026
      • Cumulative days on market: 129 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Road surface type: Paved

        Estimated market value

        $3,926,400

        $3.73M - $4.12M

        $5,103/mo

        Price history

        DateEventPrice
        3/24/2026Listed for sale$4,000,000$3,419/sqft
        Source: CRMLS #NDP2602774 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,246 +5.7%$152,961 +2%
        2024$2,123 +4.9%$149,962 +2%
        2023$2,025 +3.9%$147,022 +2%
        2022$1,950 +3.1%$144,141 +2%
        2021$1,891 +2.9%$141,315 +1%
        2020$1,837 +33.4%$139,867 +2%
        2019$1,377 -22.4%$137,126 +2%
        2018$1,776 +1.6%$134,438 +2%
        2017$1,748 +2.8%$131,803 +2%
        2016$1,701 +3.1%$129,219 +1.5%
        2015$1,650 +3.4%$127,279 +2%
        2014$1,596 $124,786 +0.5%
        2013-- $124,223 +2%
        2012-- $121,789 +2%
        2011-- $119,402 +0.8%
        2010-- $118,510 -0.2%
        2009-- $118,792 +2%
        2008-- $116,464 +2%
        2007-- $114,182 +2%
        2006-- $111,945 +2%
        2005-- $109,751 +2%
        2004-- $107,600 +1.9%
        2003-- $105,629 +2%
        2002-- $103,559 +2%
        2001-- $101,529
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 92024

        Getting around

        13 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Capri
        • Middle: Diegueno
        • High: La Costa Canyon

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Encinitas Topics

                Search
                Updates
                Favorites
                Plan
                Inbox