Back 1386 Lake Drive
Off Market

1386 Lake Drive

Encinitas CA 92024

3
3
7
1736 sq. ft.
39639 sq. ft.
Single-Family
Last sold for $3,425,000
Ernest Hahn IIErnest Hahn II, last sold this property on 13 April 2026 after 69 days on market.

Overview

A rare coastal sanctuary set on nearly an acre along one of Encinitas’ most desirable streets. Located on the high side of Lake Drive, adjacent to Crest Drive, this exceptional ocean-view property offers privacy, scale, and flexibility rarely found so close to the coast. The expansive parcel spans over 160 feet of street frontage and a level-to-gently sloping topography, creating a peaceful retreat with exceptional future potential. Existing improvements include a charming 1,480 sq ft California beach bungalow featuring 3 bedrooms and 2 baths, a detached guest unit, and a lushly landscaped backyard oasis with a resort-style in-ground pool and spa surrounded by mature tropical foliage. A Tentative Parcel Map has been filed under SB 9, proposing a two-lot configuration and enhancing optionality for the future owner. The proposed layout includes one lot fronting Lake Drive with the existing residence and a second sizeable parcel accessed via a private access and utility easement. This presents a rare opportunity to remodel and enjoy the existing home, complete the lot split, develop an additional residence, or create a premier coastal estate, subject to buyer verification and City approvals. The surrounding neighborhood continues to evolve, with nearby properties featuring newly constructed custom homes generally ranging from 4,000 to over 6,000 square feet, reinforcing the long-term value and desirability of this location. Ideally situated just minutes from Encinitas and Cardiff beaches, downtown Encinitas, and coastal amenities, and within walking distance to Cardiff Sports Park, Bobby Riggs Racket & Paddle, San Dieguito Academy High School, and Ada W. Harris Elementary, this property offers an exceptional blend of tranquility, convenience, and coastal lifestyle. A true sanctuary retreat with rare scale, SB-9 optionality, and proximity to the beach—1386 Lake Drive represents one of the last remaining opportunities of its kind in Encinitas.

Features

3 bedrooms
3 bathrooms
7 carspaces
2 garage spaces
1736 sq. ft. floor area
39639 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Encinitas over the last 12 months, the estimated median property value of 1386 Lake Drive is $1.88m.

Median value
$1.88m
Estimated value range
$995k - $8m
Median days on market
13
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Encinitas. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1386 Lake Drive

2026
Sold
$3,425,000
13 Apr 2026 by Ernest Hahn II, of Pacific Sotheby's Int'l Realty

Happy sellers in Encinitas

89%
89% of sellers in Encinitas reported that their sale price either exceeded or met their price expectations.

Encinitas stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Encinitas over the last 12 months.

Local market activity for 3 bedroom single-family properties in Encinitas

In the last 12 months, 97 three-bedroom single-family properties similar to 1386 Lake Drive, have been sold.

This represents a 24% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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