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SAN DIEGO NEWS
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City of Encinitas Acquires Two Acres of Coastal Land

10/04/23

The City of Encinitas acquired nearly two acres of land located at the northeast corner of Hwy 101 and La Costa Ave in the Encinitas community of Leucadia. The two-parcel property was purchased for $6 mil from Surfer’s Point LLC.

On August 9, 2023, the Encinitas City Council had unanimously approved a purchase and sale agreement for the property. The land was previously targeted for the development of a new 26-unit timeshare project.

Cushman & Wakefield’s Peter Curry represented the buyer in the transaction. Al Apuzzo from Lee & Associates repped the seller.

“This is a significant piece of land located at the northern gateway to the city. This coastal gem property is now in the hands of the citizens of Encinitas to help decide how to preserve and enhance this precious resource for the benefit of our town for generations to come,” said Curry.





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