For sale

Listed by: Lee & Associates • Steven Berman • Contact: 408-202-0611

$4,995,000

534 Ocean View Ave, Encinitas, CA 92024

3beds

1,352sqft

$35,193/mo

Get pre-qualified

Single Family Residence

Built in 1958

0.74 Acres Lot

$4,597,300 Zestimate^®

$3,695/sqft

$-- HOA

What's special

Situated on the highly sought-after west side of Ocean View Avenue in the heart of coastal Leucadia, 534 Ocean View Avenue presents a rare opportunity to own one of the area's last large infill properties. Set on approximately 0.74 acres, the property features an existing 3-bedroom, 2-bath home with ocean views, offering immediate enjoyment, rental income, or renovation potential while preserving significant future upside. The site is approved for a 2-lot subdivision with the Final Map in process and grading approval anticipated in Q4 2026, creating a unique opportunity for a luxury estate, family compound, or future development. Just minutes from beaches, Highway 101, restaurants, shopping, and top-rated schools, properties of this size, location, and entitlement status are rarely available in Leucadia.

58 days
695
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Bedroom, Entry/Foyer, Family Room, Great Room, Primary Bathroom, Primary Bedroom

Primary bedroom

Features: Main Level Primary

Bedroom

Features: Bedroom on Main Level

Cooling

None

Appliances

Included: Dryer, Washer
Laundry: In Garage

Features

Bedroom on Main Level, Main Level Primary
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,352 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: Multi/Split
Entry location: Front Door
Pool features: None
Has view: Yes
View description: Bay, Coastline, Ocean, Water
Has water view: Yes
Water view: Bay,Coastline,Ocean,Water

Lot

Size: 0.74 Acres
Features: 2-5 Units/Acre

Details

Parcel number: 2561511900
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1958

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Features: Biking, Curbs, Dog Park, Rural, Storm Drain(s), Sidewalks

Location

Region: Encinitas

Financial & listing details

Price per square foot: $3,695/sqft
Tax assessed value: $2,546,898
Date on market: 7/31/2026
Cumulative days on market: 58 days
Listing terms: Cash,Conventional,1031 Exchange,FHA

Estimated market value

$4,597,300

$4.37M - $4.83M

Not available

Price history

Date	Event	Price
7/31/2026	Listed for sale	$4,995,000-4.9%$3,695/sqft
Source: CRMLS #NDP2607186 Report a problem
11/29/2025	Listing removed	$5,250,000$3,883/sqft
Source: SDMLS #NDP2505905 Report a problem
6/23/2025	Listed for sale	$5,250,000+118.8%$3,883/sqft
Source: SDMLS #NDP2505905 Report a problem
10/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
10/19/2023	Listed for rent	$3,495+9.4%$3/sqft
Source: Zillow Rentals Report a problem
12/29/2022	Sold	$2,400,000$1,775/sqft
Source: Public Record Report a problem
2/3/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
1/26/2022	Listed for rent	$3,195+129%$2/sqft
Source: Zillow Rental Network Premium Report a problem
10/22/2019	Listing removed	$1,395$1/sqft
Source: Squared Away Real Estate Inc Report a problem
10/5/2019	Listed for rent	$1,395-48.2%$1/sqft
Source: Squared Away Real Estate Inc Report a problem
2/25/2017	Listing removed	$2,695$2/sqft
Source: Squared Away Real Estate Inc Report a problem
2/21/2017	Listed for rent	$2,695+8%$2/sqft
Source: Squared Away Real Estate Inc Report a problem
2/15/2013	Listing removed	$2,495$2/sqft
Source: HotPads for Rent Report a problem
2/9/2013	Listed for rent	$2,495$2/sqft
Source: HotPads for Rent Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$2,546,898 +2%
2025	$26,942 +3.7%	$2,496,960 +2%
2024	$25,986 +2.3%	$2,448,000 +2%
2023	$25,395 +2542%	$2,400,000 +2779.7%
2022	$961 +1.3%	$83,341 +2%
2021	$949 +1.2%	$81,708 +1%
2020	$937 +11.7%	$80,871 +2%
2019	$839 -6.8%	$79,286 +2%
2018	$900 +1.9%	$77,733 +2%
2017	$884 +3.4%	$76,209 +2%
2016	$855 +1.4%	$74,716 +1.5%
2015	$844 +1.8%	$73,594 +2%
2014	$829	$72,153 +0.5%
2013	--	$71,828 +2%
2012	--	$70,421 +2%
2011	--	$69,041 +0.8%
2010	--	$68,526 -0.2%
2009	--	$68,690 +2%
2008	--	$67,345