Leucadia home (cottages) at The Sands (hmm, is it named for being near the beach or after the famous Sands Hotel which used to be on The Strip in Las Vegas?) are fairly small, as are the lots, but consider this community is within a 5 minute WALK to some of the area’s nicest beaches (Grandview - see photo below; Beacon’s) where you can enjoy terrific surfing, walks, and great sunsets. A number of restaurants are within walking distance (my favorite is Le Papagayo) as is some shopping, small business services, a number of surf shops, and the well known Leucadia Donut Shop.
Currently there are 5 Leucadia homes for sale in this small community, ranging in price from $69,000 to $189,900 for 1 - 2 bedrooms and 1 bedroom. Negotiations are underway that MAY allow ownership of the land.
Now before you gasp at the prices:
These facts contribute to the amazing prices for being so close to the beach. But as a second home (or even using it for a rental, which is permitted – a current lease is $1100 on one unit), who cares?
An application is before the Department of Real Estate in California (DRE) to hopefully obtain approval for the lots to be sold (estimates of pricing are $170,000). Current owners will have the opportunity to buy their land if they wish to continue renting.
If you would like more information about these Encinitas homes in funky Leucadia just a few minutes from one of the best beaches in the area, please feel free to call or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com.
NOTE - UPDATE AS OF JANUARY 2009There are 6 homes for sale in this complex now, ranging from $54,900 (for a 1 bedroom 1 bath) to $142,000 for a 3 bedroom 2 bath home. PRicing has not been established for the lost and the final approval process, to the best of my knowledge, has not