Waiting for you in the coastal resort town of Encinitas is this little bit of an Pacific ocean Paradise. Tastefully remodeled and modernly elegant, this 3 bedroom, 2 bath 1800square foot oceanfront home offers unfettered whitewater ocean views on one of the most prestigious streets in North San Diego County. It’s like a permanent vacation when you step through the front door and literally leave the world behind you. Whether you want to surf or sip wine this property has what you have always dreamed of. ************************************************************************************************************************************************************************************ This property is protected by a fully engineered, Coastal Commission approved lower seawall and upper bluff retention system, an amenity that cannot be duplicated ever again.
Sold for $4,872,000
Listing Provided by: Walter Bert Shaffer, Broker
Bought with: Compass
$4,872,000
498 Neptune Ave, Encinitas, CA 92024
3beds
1,800sqft
Single Family Residence
Built in 1984
6,437 Square Feet Lot
$48,834,900 Zestimate®
$2,707/sqft
$7,455 Estimated rent
Home value
$48,834,900
$44.93M - $52.74M
$7,455/mo
Zestimate® history
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$30,879/mo
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Unfettered whitewater ocean views
Zillow last checked:
Listing updated:
Listing Provided by:
Walter Shaffer DRE #00875202 walterbshaffer@aol.com,
Walter Bert Shaffer, Broker,
Walter Shaffer DRE #00875202 760-487-1800,
Walter Bert Shaffer, Broker
Bought with:
Joseph Arendsen, DRE #01841681
Compass
Source: CRMLS,MLS#: NDP2602262
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Remodeled, Separate Shower, Walk-In Shower
Kitchen
- Features: Pots & Pan Drawers, Remodeled, Updated Kitchen, Utility Sink
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air, Dual, Electric, ENERGY STAR Qualified Equipment, Zoned
Appliances
- Included: Built-In Range, Barbecue, Built-In, Double Oven, Dishwasher, Freezer, Gas Cooking, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s), Separate/Formal Dining Room, All Bedrooms Down, Main Level Primary
- Flooring: Vinyl
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 1
- Uncovered spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Rear Porch, Covered, Deck
- Exterior features: Barbecue
- Pool features: None
- Spa features: None
- Fencing: Brick,Excellent Condition,Glass
- Has view: Yes
- View description: Coastline, Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Coastline,Ocean,Water
- Waterfront features: Ocean Front, Seawall, Waterfront
Lot
- Size: 6,437 sqft
- Dimensions: 157 x 041
- Features: Bluff, Back Yard, Drip Irrigation/Bubblers, Sprinkler System, Waterfront, Yard
Details
- Parcel number: 2562610500
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Drywall
- Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
- Roof: Composition
Condition
- Turnkey
- Year built: 1984
Utilities & green energy
- Electric: Electricity - On Property, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, 220 Volts
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Connected, See Remarks
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
Community
- Community features: Curbs, Sidewalks, Water Sports
Location
- Region: Encinitas
HOA & financial
HOA
- Association name: Seacoast Preservation Association
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $4,872,000-5.4%$2,707/sqft |
Source:  CRMLS #NDP2602262 Report a problem | ||
| 5/3/2026 | Pending sale | $5,150,000$2,861/sqft |
Source: CRMLS #NDP2602262 Report a problem | ||
| 3/10/2026 | Price change | $5,150,000-4.6%$2,861/sqft |
Source: CRMLS #NDP2602262 Report a problem | ||
| 6/23/2025 | Listed for sale | $5,400,000$3,000/sqft |
Source:  SDMLS #NDP2503586 Report a problem | ||
| 3/1/2025 | Listing removed | $13,999$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/23/2025 | Listed for rent | $13,999$8/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,085 +3.9% | $1,546,884 +2% |
| 2024 | $16,438 +2.5% | $1,516,554 -31.8% |
| 2023 | $16,032 -31% | $2,222,164 +2% |
| 2022 | $23,238 +198.3% | $2,178,593 +207.6% |
| 2021 | $7,791 +0.3% | $708,286 +1% |
| 2020 | $7,771 +7.9% | $701,024 +2% |
| 2019 | $7,199 -5.4% | $687,280 +2% |
| 2018 | $7,608 +1.7% | $673,805 +2% |
| 2017 | $7,477 +2.8% | $660,594 +2% |
| 2016 | $7,275 +1.6% | $647,642 +1.5% |
| 2015 | $7,158 +2.6% | $637,915 +2% |
| 2014 | $6,974 | $625,420 +0.5% |
| 2013 | -- | $622,594 +2% |
| 2012 | -- | $610,387 +2% |
| 2011 | -- | $598,420 +0.8% |
| 2010 | -- | $593,949 -0.2% |
| 2009 | -- | $595,361 +2% |
| 2008 | -- | $583,689 +2% |
| 2007 | -- | $572,245 +2% |
| 2006 | -- | $561,026 +2% |
| 2005 | -- | $550,027 +2% |
| 2004 | -- | $539,243 +1.9% |
| 2003 | -- | $529,361 +2% |
| 2002 | -- | $518,982 +2% |
| 2001 | -- | $508,807 |
Find assessor info on the county website
Neighborhood: 92024
Nearby schools
GreatSchools rating
- 9/10Paul Ecke-Central Elementary SchoolGrades: K-6Distance: 0.3 mi
- 9/10Diegueno Middle SchoolGrades: 7-8Distance: 3.5 mi
- 9/10La Costa Canyon High SchoolGrades: 9-12Distance: 4.3 mi
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Estimated market value
$48,834,900
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Estimated market value
$48,834,900
- California
- San Diego County
- Encinitas
- 92024
- 498 Neptune Ave
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