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1355 Rainbow Ridge Ln, Encinitas, CA, 92024

2beds
1baths
1,170sqft
$4,000,000
$3,419price/sqft
$26,108/moest. monthly cost
$1,044,320/yrincome needed

About This Home

Looking for outstanding views and acreage (1.72 Ac.), where vivid sunrises and dynamic sunsets are an everyday occurrence? This is it! First time on the market in over 50 years, opportunities like this are truly rare. Perched atop a hill with unbeatable backcountry views of Indian Head Canyon and Encinitas Ranch Golf Course, combined with excellent westerly views toward the ocean, this property offers a breathtaking setting from sunrise to sunset. This gated flag-lot parcel spans 1.72 acres in coastal Leucadia, offering exceptional privacy. You’ll be amazed by how much of the land is flat and usable, perfect for creating a legacy family compound, with the potential to subdivide into two oversized parcels. Current zoning is RR2 (Rural Residential—2 units per acre), with a minimum lot size of 21,500 sq. ft. The well-maintained original concrete block home has been tastefully updated over time and could potentially be retained as fantastic guest quarters. Located near the south end of Rainbow Ridge Lane, the property includes a clicker to a private gate providing convenient ingress and egress to the south, a luxury enjoyed only by this section of the street. This is a once-in-a-lifetime opportunity to enjoy the ultimate coastal lifestyle, with the beach just minutes away, along with great restaurants, shopping, and easy freeway access.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

9/10
Capri Elementary SchoolGrades K-60.2 mi
9/10
Diegueno Middle SchoolGrades 7-82.8 mi
9/10

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Composition
  • Construction materials: Brick,Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Water Heater
  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedroom

  • Features: All Bedrooms Up

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen,All Bedrooms Up,Bedroom on Main Level,Main Level Primary
  • Window features: Double Pane Windows,Screens
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total interior livable area: 1,170 sqft

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 2541810500
  • Zoning: RR2 Minimum Lot Size=21,5
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Brick
  • Fencing: Partial,Wood
  • Has view: Yes
  • View description: Hills,Mountain(s),Ocean,Panoramic,Water
  • Has water view: Yes
  • Water view: Ocean,Water

Lot

  • Lot size: 1.72 Acres
  • Features: 2-5 Units/Acre,Landscaped,Value In Land
  • Lot size dimensions: 575' x 216' x 295' x 180' x 200' x 20'

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage,Gated
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2