$4,995,000
About this home
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.
Facts & features
- Bedrooms
- 3
- Bathrooms
- 2 full
- Living area
- 1,352 sq ft
- Interior features
- Bedroom On Main Level, Main Level Primary
- Appliances
- Dryer, Washer
- Fireplace
- None
- Cooling
- None
- Laundry
- In Garage
- Levels
- Multi Split
- Lot size
- 0.739 acres (32,200 sq ft)
- Pool
- None
- View
- Bay, Coastline, Ocean, Water
- Year built
- 1958
- Parking spaces
- 2
- Area
- 92024 - Encinitas
- County
- San Diego
- Community features
- Biking, Curbs, Dog Park, Rural, Storm Drains, Sidewalks
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 0
- Listed
- 2026-07-22
- Terms
- Cash, Conventional, Exchange 1031, FHA
- Parcel #
- 2561511900
- MLS #
- NDP2607186
