For Sale
$1,995,000

1524 Coast Highway 101Encinitas, CA 92024

Prime Encinitas retail, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional redevelopment opportunity is located at 1524 N Coast Hwy 101 in Encinitas, CA 92024, within the highly desirable Leucadia neighborhood. The 0.19-acre lot (APN 254-054-74-00) features a 776 square foot existing structure, presenting a unique chance to capitalize on its prime location. Situated along the heavily trafficked North Coast Highway 101, this property boasts over 15,000 daily commuters, providing significant signage opportunities. The N-CRM-1 zoning permits mixed-use development, allowing for flexibility in creating either a mixed-use project or a 100% residential development. The property's proximity to Grandview Surf Beach, local retail, restaurants, and taprooms, combined with the upcoming Leucadia Streetscape Project, promises enhanced value and a revitalized community. Adjacent to recent developments that achieved record-high sale prices for both residential and commercial properties, this offering presents a compelling investment opportunity. The asking price is $1,995,000.

Highlights

  • Prime Coast Hwy 101 development site steps from Grandview Surf Beach.
  • Exceptional location adjacent to a recently completed high-value development.
  • Mixed-use zoning (N-CRM-1).
  • Significant value enhancement anticipated from the Leucadia Streetscape Project.
  • High traffic counts (15,000+ daily commuters) offer strong signage potential.
  • Development flexibility: mixed-use or 100% residential.

Property Details for 1524 Coast Highway 101

Property type
Retail properties
Square Feet
776 SF
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Encinitas
County
San Diego
State
California
Latitude
33.0740094
Longitude
-117.3061175
1524 Coast Highway 101, Encinitas, California

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1524 Coast Highway 101
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