Sea view from the most expensive mansion ever sold in Encinitas, California.
A $ 23.5 million modern mansion overlooking the Pacific Ocean in Southern California will officially hit the market on May 14. Doing so will make it the most expensive home ever sold in the town of Encinitas, California. North of San Diego.
The eight-digit asking price for a home is more than double the price sold less than six years ago.
“We believe that, coupled with the high demand for luxury homes seen in San Diego over the last few years and such rare products, it is at the right price,” he said. Kelly Howard of the compass, one Co-listed agent To the property.
532 Neptune Avenue Bluff Top Home Crescent House, Named after one of the luxury amenities. A crescent-shaped infinity pool that surrounds a round concrete terrace.
A crescent-shaped infinity pool envelops a circular terrace.
The house already broke the local price record when it traded for $ 11.1 million in 2016, just 28 days after it hit the market. According to the records of the Multiple List Service provided by Howard, who represented the list of record-breaking sales, the sales will continue to be the best ever achieved in the history of Encinitas.
“I’m sure this house will break its own record,” he said.
If the glass, concrete, and titanium constructions are reminiscent of the fictional billionaire Tony Stark’s oceanfront mansion in Marvel’s “Iron Man” movie, it’s The work of architect Wallace Cunningham.
Gary Casluhim-Douglas Elliman Realty
Cunningham also has an ultra-modern design Razor houseIt is located less than 20 miles south of La Hoya. State-of-the-art design is believed to be one of the real inspirations of Stark’s fictional Malibu home. Created by illustrator and lively with computer-generated images..
“Probably nothing approaches the Crescent House, except the Razor House,” Howard said.
Designed by award-winning architects, both homes feature huge glass plates that offer dramatic curves, striking edges and stunning views of the Pacific Ocean.
The Razor House façade blends glass and concrete for sharp lines and dramatic curves.
Gary Casluhim-Douglas Elliman Realty
View of the mansion on a cliff overlooking the sea.
Meanwhile, Crescent House was featured in Architectural Digest magazine in 2005 and in the premiere episode of Season 3. HBO’s “Westworld”.
According to the list, the mansion spans more than 6,300 square feet across two levels and has four bedrooms, four full baths and two half baths. Almost all rooms take advantage of the sky and sea perspective with floor-to-ceiling windows.
A stunning staircase, designed by the architect to look like a giant dinosaur skeleton with vertebrae and ribs made of stainless steel, is twisted to the second level.
Smooth steel and glass stairs twist upwards, connecting the two levels of the house.
Cunningham told Architectural Digest that the house was built to provide “the feeling of being on a boat at sea.” It is evident in the living area, where the house appears to float above the sea at a particular angle.
Sofas in the living area provide front row seats with impressive sea views.
Beyond the glass walls there is a terraced terrace that allows you to get even closer to the sea.
The multi-level terrace has several great spots for scenic views.
The current owner lives full-time in Florida and is ready to sell after holding the house for six years.
According to the quarterly Elliman Report, if the couple scored the asking price, the sale would cost more than $ 3,700 per square foot, almost four times the average $ 928 for luxury homes sold in the county. .. The report defines luxury homes as those in the top 10% of the market.
“The luxury home market in San Diego has seen a significant rise in prices since the last sale of the Crescent House,” said listed agent Howard.
Howard, in addition to increasing market demand, has a pedigree design and what he says is a lot size above average on Bluff Top Street, all in favor of sellers and in command of real estate premiums. I believe it will be useful.
According to Howard, the owner also made several upgrades, including asking the original architect to add two state-of-the-art fire features and equipping the mansion with smart home infrastructure. ..
Modern fire features adjacent to one of the outdoor seating areas of the house.
Howard told CNBC that new coastal building regulations make it impossible to duplicate such homes on this site. This further justifies a 112% price increase compared to 2016.
The main bathroom of the mansion has a twin bathroom with a mirror that looks like it’s floating above the sink.
Historical sales data suggests that the value isn’t as steep as it looks.
In October 2016, when Crescent House last sold, Encinitas had an average sale price of just over $ 1.2 million. Greater San Diego Real Estate Agents Association. Last month, that number exceeded $ 2.4 million, doubling in less than six years.
It’s not yet known if a home can be set at a full asking price, but the demand is more than nine times the average home price of Encinitas and it’s not always easy to find a buyer who is willing to pay a record price. is not.
“A discriminating buyer who connects to it and understands that it is willing to pay for it,” Howard said.
The stepped outdoor terrace offers breathtaking views of the sea, multiple dining areas and an outdoor seating area with a fireplace.