Situated in the heart of coastal Encinitas, 534 Ocean View Avenue offers a rare opportunity to acquire one of the area's last premier residential development sites just blocks from the Pacific Ocean. Located within one of North County San Diego's most desirable beach communities, the property is within walking distance of Downtown Encinitas, Moonlight Beach, and the vibrant Coast Highway 101 corridor, featuring an exceptional mix of restaurants, boutiques, and entertainment. The site also benefits from convenient access to Interstate 5, less than one mile away. The property has an Approved Tentative Parcel Map for a two-lot subdivision and is currently approaching grading approval, anticipated in Q4 2026, significantly reducing entitlement risk and accelerating the path to construction. The approved plan allows for the development of two luxury single-family residences, each with the potential for an ADU, creating an exceptional opportunity for a builder or investor to capitalize on the continued demand for new coastal housing. With limited remaining infill opportunities in Encinitas, advancing entitlements, and an irreplaceable coastal location, 534 Ocean View Avenue represents a premier development opportunity in one of Southern California's most supply-constrained and highly soughtafter residential markets.