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1355 Rainbow Ridge Ln , Encinitas, CA 92024
$4,000,000
Est. Payment: $20,198.83/mo
2 Bed
1 Bath
1170 Sqft
Status: active | Days on site: 136
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Agent profile image
Chris Heller
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House Description

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. Youll 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 Residential2 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.
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Highlights

Listed by Kyle Murphy , 760-420-6581 and Janet McCollough , 760-613-5263 Coldwell Banker Realty , 760-753-5616. San Diego County Multiple Listing Service mls logo

Property Type

Residential
Lot/Acreage
1.72

Year Built

1950

County

San Diego

 School District

San Dieguito High School Distric

Listing ID

NDP2602774

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Refrigerator
Air Cond:Heat Pump(s)
Fireplaces:FP in Living Room

Exterior Features

Lot Dimensions:575' x 216' x 2
Garage Capacity:2
Zoning:RR2 Minimu
Roof:Composition
Sewer:Public Sewer
Parking Features:Gated,Garage
Principal Interest
$20,199
Taxes
$2,550

Home Price

$4,000,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$800,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,198.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,198.83 $2,550.00 $0.00 $22,748.83
Yearly $242,385.91 $30,600.00 $0.00 $272,985.91
Total $7,271,577.45 $918,000.00 $0.00 $8,189,577.45

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Encinitas, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T22:38:39.000Z

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