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735 Cornish Drive, Encinitas, CA 92024

$3.9M3bd · 1ba · 2,150 sqft
Lot 21,027 sqft•Single Family Residence•
Active
•110d on market•MLS# 8N-2606166

Property Description

Perched atop a sprawling near half-acre double lot in the coveted Encinitas Highlands, this rare west-of-I-5 property offers the best of coastal living with flexibility, income potential, and room to grow. Just moments from Moonlight Beach, Viewpoint Park, the Coaster Station, Encinitas Library, and the vibrant shops, restaurants, and cafés of Downtown Encinitas, the location is truly hard to beat. The light-filled single-level main residence features three bedrooms, one bath, original hardwood floors, wood-beam ceilings, a cozy wood-burning fireplace, and an expansive deck overlooking the property's lush grounds. Thoughtful updates over the years have preserved the home's charm while enhancing everyday comfort. A detached office provides the perfect space for working from home, pursuing creative passions, or creating a private wellness retreat. Adding to the property's versatility is a separate studio space with its own entrance, kitchenette, and full bath, along with a detached Quonset Hut residence tucked toward the rear of the property, creating valuable rental income opportunities, guest accommodations, or flexible living arrangements. The expansive lot offers an increasingly rare sense of space and privacy in the heart of Encinitas, with room to entertain, garden, relax, and enjoy the coastal lifestyle. For those seeking future possibilities, the property also presents exceptional long-term upside, including plans for a lot split with a striking architectural residence on the second lot, designed to complement the site's unique setting and scale. Whether you're looking for a charming beach-close home, an income-producing investment, a multigenerational property, or a legacy homesite for the future, opportunities like this rarely come available in one of Encinitas' most sought-after neighborhoods.

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Wall Furnace, Fireplace(s)
Cooling
None
View
None
City
Encinitas
Zip Code
92024
County
San Diego
Listed bySwell Property, David J Miller

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$19,720.52
Principal & Interest
Loan Amount
$3,120,000
Total Interest
$3,979,388
Total Payment Over 30 Years
$7,099,388
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

735 Cornish Drive, Encinitas, CA 92024

Encinitas · Single Family Residence

$3.9M
Luxury Tier
Beds
3
Baths
1
Sqft
2,150
Lot
21,027 sqft
Year
1947
$/Sqft
$1814
Pool: No✓
Spa: No✓
View: None✓

Listed 116.7% above the median closed sale of $1,800,000. Price per sqft ($1,814) is a 82% premium to closed comps ($997). Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $3.90M· $1,814/sqft
Total list price
Closed comps
vs closed median $1.80M
+$2.10M (+116.7%)
Active comps
vs active median $2.73M
+$1.18M (+43.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,224
+$590 (+48.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5871 Camino El DoradoEncinitas1960331,86621,780$938$1.75M5185
890 Passiflora AvenueEncinitas1960332,25714,810$1,327$3.00M5780
2115 Encinitas BoulevardEncinitas1976321,62323,522$1,140$1.85M4479
637 Sparta DriveEncinitas1959442,05112,293$1,329$2.73M171
1830 Eucalyptus AvenueEncinitas1978432,15010,454$1,388$2.98M370
Total: 5 · Average3.43.01,989.416,571.8$1,224.4$2.46M31.2
Median2,051$2.73M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
697 Ocean View AvenueEncinitas195309/15/2026321,67022,215$1.60M$1.60M$9581.005686
601 Cerro StreetEncinitas197607/15/2026421,98310,100$1.65M$1.66M$8371.012669
1551 Burgundy RoadEncinitas197408/27/2026432,30710,800$2.69M$2.60M$1,1270.964168
742 Doris DriveEncinitas197408/14/2026321,63310,890$1.70M$1.80M$1,1021.063668
206 Calle de MaderaEncinitas197708/12/2026432,06210,135$1.88M$1.98M$9601.054968
Total: 5 · Average3.62.41,93112,828$1.93M$1.93M$996.8—41.6
Median1,983$1.80M$1.80M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.