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Residential Income for sale : 6 bedrooms : 154-56 Phoebe St. in Encinitas

154-56 Phoebe St. Encinitas

Main Photo: Residential Income for sale : 6 bedrooms : 154-56 Phoebe St. in Encinitasbanner
$5,795,000
Prop. Type:
Residential Income
MLS® Num:
260025208
Status:
Active
Bedrooms:
6
Bathrooms:
6
Year Built:
2018
A truly unique opportunity in the heart of Leucadia, this exceptional property features two homes on one beautifully landscaped, large, flat lot west of the 101. With six total bedrooms between the two residences, multiple outdoor living spaces, private yards, and an incredibly flexible layout, this is the kind of property that is hard to replicate this close to the coast. Each home has its own personality. One features a warm, modern-coastal style with rich flooring, architectural details, an entertainer’s kitchen, and an incredible rooftop deck with an outdoor kitchen, dining area, fire pit, shade sail, and sea-view lifeguard chairs. The second has a light, farmhouse-inspired feel with French oak floors, custom built-ins, quartz counters, oversized windows, and a bright, open layout. The outdoor spaces are just as special. A private grassy backyard includes a built-in BBQ area, multiple covered patios, an outdoor shower, a new four-person sauna, and an adorable custom-built kids’ playhouse. A finished garage with an additional full bath adds even more versatility and works perfectly as a home office, gym, studio, guest space, or bonus room. Walk to Beacon’s Beach for a surf or sunset, then stroll to some of the neighborhood’s best restaurants, coffee shops, boutiques, and bars. Whether you envision a multigenerational setup, living in one home while generating income from the other, or simply want an amazing coastal compound with room for family and friends, this is a rare chance to own something truly special in one of North County’s most desirable beach communities.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal North
Neighborhood Code:
Leucadia
Name of Complex/Subdivision:
LEUCADIA
Building Name:
N/A
Total Building Area:
Switch units of measure0 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
6
Full Bathrooms:
4
Half Bathrooms:
2
Stories:
2 Story
Total Stories:
2
Year Built:
2018
Age (in years):
Switch units of measure8 year(s)
Short Sale:
false
Home Owner Fees:
$0
Home Owner Fees Include:
N/K
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
2
Number of Units with Cooling:
2
Tenant pays:
N/K
Unit Number for Unit 1:
154
Unit Number for Unit 2:
156
Projected Rent for Unit 1:
$10,000
Projected Rent for Unit 2:
$10,000
GPS
Elementary School District:
Encinitas Union School District
Junior High School District:
San Dieguito High School Distric
High School District:
San Dieguito High School Distric
Site Influences:
West of 101, West of I-5
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Wood/Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
2542301200
Heating:
Forced Air Unit
Heating fuel:
Natural Gas
Cooling:
Central Forced Air
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Metal
Security:
N/K
Water supply:
Meter on Property
Fencing:
Full, Gate
Listed by Compass
Data was last updated October 20, 2026 at 01:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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