At A Glance

Eight thousand square feet of buildable Leucadia.

This listing is not a house. It is a rare 8,319 sqft parcel on North Coast Highway 101 with two existing studio units producing income now, sold as a canvas for what comes next: a coastal compound, a primary plus rental, or a held-and-developed long position on one of San Diego County's most desirable communities.

0 Lot Sq Ft

0 Income Units

0 Year Built

~1 Block To Beach

Top 10 San Diego Community

Yes Cash Flow Today

Property Type Multi-Family

Frontage N Coast Hwy 101

HOA None

Community North Leucadia

A First Look

See the land from above. Then walk between the cottages.

Five frames. The aerial sets the location, two paired frames walk the cottages, the door detail reads as a working compound, and the interior closes inside Unit A's workshop.

Aerial view of the Leucadia coast in Encinitas, with the Pacific Ocean and surfline on the left and the residential grid along Highway 101 on the right — The location, from above. Pacific to the west, Highway 101 to the east, the parcel tucked among the bluff-side homes.

Front three-quarter view of the two blue board-and-batten studio cottages with a mansard-style roof, queen palms in pots along the gravel drive, and a wood gate at the rear of the parcel — The cottages as they stand. Blue board-and-batten, queen palms, a gravel drive that runs the length of the lot.

Rear-facing view of the blue studio cottages with a paver patio, two outdoor chairs, palms in pots, and a row of windows along the rear of one unit — The rear yard, between the units. A paver patio, two chairs, and the working width of the parcel.

Detail of the front entrance to Unit A: a white-framed door marked with a letter A, a security floodlight above, a divided-light window beside it, and a banana plant in a terracotta pot at the threshold — Unit A, at the threshold. The detail that tells you this is a working compound, not a tear-down on paper.

Interior of one studio unit currently used as a workshop: light wood-look flooring, white walls, drop ceiling with recessed lighting, a sliding barn door, and a long workbench along the left wall — Inside, today. One unit is currently used as a workshop. Walls, light, floor, and a barn door already in place.

Eight thousand square feet of buildable Leucadia. The kind of parcel the village rarely lets go of.

The Parcel

Built to be reimagined.

The listing language is direct: rarely available, North Leucadia, 8,000+ sqft of highly usable and buildable land. Translation: this parcel is the move. Two existing studio units sit on it now, producing income while the buyer decides what comes next. The cottages are blue board-and-batten with a small mansard roofline, queen palms in pots, a gravel drive, a paver patio at the rear. Charming and entirely intentional, but not the point. The point is the dirt underneath.

The upside is geometry. A parcel this size, this close to the sand, this far north on Coast Highway 101, becomes a coastal compound, a primary plus an ADU, or a held-and-improved long position. The current rentals carry the holding cost. The community does the appreciating.

Leucadia is consistently cited among the top ten most desirable communities in San Diego County. The reason is short: the beach is a block away, the bars and the restaurants are walking distance, and the rest of Encinitas is a short drive south. Build, hold, or invest. The decision is yours; the address is the same.

The Land

Eight Thousand Plus

8,319 sqft of highly usable, buildable land on a coveted stretch of North Coast Highway 101. The reason the listing exists.

The Income

Two Studio Units

Two existing studio units, producing cash flow today. Holding income while the future plan takes shape.

The Walk

Minutes To The Sand

A block to the beach. Walking distance to Leucadia's restaurants, the surf breaks at Beacon's, and the rest of the coastal village.

The Details

Why this parcel, not another.

8,319 SqFt Of Buildable Land

The listing describes it as highly usable, with endless possibilities for expansion, redevelopment, or building a coastal compound from scratch.

Two Income-Producing Studios

Two existing studio units on site, currently rented. Immediate cash flow while a future plan is permitted and drawn.

North Coast Highway Frontage

Direct frontage on N Coast Highway 101, the spine of Leucadia. Visible, walkable, and a known address among locals.

A Block From The Beach

Minutes from the surf breaks, the bluff parks, and the long stretch of Leucadia coastline visible in the aerial above.

Top Ten San Diego Community

Leucadia is consistently named among the most desirable communities in San Diego County. The neighborhood does the long-term lifting.

Estimate Your Payment

Run the numbers, quietly.

Adjust the down payment, the rate, and the term. A starting point for the conversation with your lender on a $2,199,000 acquisition, not a quote.

Down Payment 25%

Interest Rate 6.5%

Loan Term

Estimated Monthly Payment

$10,425

Principal and interest only. Taxes and insurance not included. Rental income from the two existing studio units is not modeled here. Based on a list price of $2,199,000.

The Neighborhood

Leucadia, as it lives.

North Encinitas, anchored on Highway 101, with the Pacific a block to the west. The pace is coastal and unhurried. Mornings start with a surf check at Beacon's or Stone Steps; afternoons run on the patio at a Leucadia restaurant; evenings drift back toward the bluffs to watch the light go.

The trade is location. Coast Highway 101 is the village's spine, walkable from one end to the other, and 1524 sits on it directly. Build, invest, or hold. Leucadia is the kind of address where the neighborhood compounds for you.

A block to the bluff trail. Walking distance to Beacon's Beach and Leucadia's restaurants.

A Block From The Pacific.