Looking for outstanding views, 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.
For sale
Listing Provided by: Coldwell Banker Realty
$4,000,000
1355 Rainbow Ridge Ln, Encinitas, CA 92024
2beds
1,170sqft
Est.:
Single Family Residence
Built in 1950
1.72 Acres Lot
$3,975,100 Zestimate®
$3,419/sqft
$-- HOA
What's special
Tastefully updatedExceptional privacyPerched atop a hill
- 18 days |
- 707 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 01:15pm
Listing Provided by:
Kyle Murphy DRE #01847767 kyle@dirtrealtor.com,
Coldwell Banker Realty,
Janet McCollough DRE #00887068 760-613-5263,
Coldwell Banker Realty
Source: CRMLS,MLS#: NDP2602774
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Up
Bedroom
- Features: Bedroom on Main Level
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Refrigerator, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Eat-in Kitchen, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
- Windows: Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,170 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage, Gated
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Brick
- Pool features: None
- Fencing: Partial,Wood
- Has view: Yes
- View description: Hills, Mountain(s), Ocean, Panoramic, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 1.72 Acres
- Dimensions: 575' x 216' x 295' x 180' x 200' x 20'
- Features: 2-5 Units/Acre, Landscaped, Value In Land
Details
- Parcel number: 2541810500
- Zoning: RR2 Minimum Lot Size=21,5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 220 Volts in Kitchen
- Sewer: Public Sewer
Community & HOA
Community
- Features: Rural
Location
- Region: Encinitas
Financial & listing details
- Price per square foot: $3,419/sqft
- Tax assessed value: $152,961
- Annual tax amount: $2,246
- Date on market: 3/24/2026
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Estimated market value
$3,975,100
$3.78M - $4.17M
$4,933/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Listed for sale | $4,000,000$3,419/sqft |
Source:  CRMLS #NDP2602774 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,246 +5.7% | $152,961 +2% |
| 2024 | $2,123 +4.9% | $149,962 +2% |
| 2023 | $2,025 +3.9% | $147,022 +2% |
| 2022 | $1,950 +3.1% | $144,141 +2% |
| 2021 | $1,891 +2.9% | $141,315 +1% |
| 2020 | $1,837 +33.4% | $139,867 +2% |
| 2019 | $1,377 -22.4% | $137,126 +2% |
| 2018 | $1,776 +1.6% | $134,438 +2% |
| 2017 | $1,748 +2.8% | $131,803 +2% |
| 2016 | $1,701 +3.1% | $129,219 +1.5% |
| 2015 | $1,650 +3.4% | $127,279 +2% |
| 2014 | $1,596 | $124,786 +0.5% |
| 2013 | -- | $124,223 +2% |
| 2012 | -- | $121,789 +2% |
| 2011 | -- | $119,402 +0.8% |
| 2010 | -- | $118,510 -0.2% |
| 2009 | -- | $118,792 +2% |
| 2008 | -- | $116,464 +2% |
| 2007 | -- | $114,182 +2% |
| 2006 | -- | $111,945 +2% |
| 2005 | -- | $109,751 +2% |
| 2004 | -- | $107,600 +1.9% |
| 2003 | -- | $105,629 +2% |
| 2002 | -- | $103,559 +2% |
| 2001 | -- | $101,529 |
Find assessor info on the county website
Monthly payment
Est. payment
$23,954/mo
Principal & interest
$20054
Property taxes
$3900
More affordability tools
Climate risks
Neighborhood: 92024
Nearby schools
GreatSchools rating
- 8/10Capri Elementary SchoolGrades: K-6Distance: 0.2 mi
- 8/10Diegueno Middle SchoolGrades: 7-8Distance: 2.8 mi
- 9/10La Costa Canyon High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Capri
- Middle: Diegueno
- High: La Costa Canyon
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 92024
- California
- San Diego County
- Encinitas
- 92024
- 1355 Rainbow Ridge Ln
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