185 Saxony Rd, Encinitas, CA 92024
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
185 Saxony Rd,Encinitas, CA 92024
$20,100,000
- 45 Beds
- 45 Baths
- 18,690 sq. ft.
- Multi-family
- Active
Listed by: ray adams
Office: ray adams investment real estate inc
MLS#:260010705
Source:San Diego MLS via CRMLS
Price summary
- Price:$20,100,000
- Price per sq. ft.:$1,075.44
About this home
Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County....
Contact an agent
Home facts
- Listing ID #:260010705
- Added:100 day(s) ago
- Updated:August 13, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:45
- Total bathrooms:45
- Full bathrooms:45
- Living area:18,690 sq. ft.
Structure and exterior
- Building area:18,690 sq. ft.
Finances and disclosures
- Price:$20,100,000
- Price per sq. ft.:$1,075.44
New listings near 185 Saxony Rd
- Coming Soon
$1,495,000Coming Soon3 beds 2 baths961 Woodlake Drive, Cardiff By The Sea, CA 92007
MLS# NDP2607612Listed by: WILLIS ALLEN REAL ESTATE - Open Sat, 12 to 4pmNew
$1,250,000Active3 beds 2 baths1,056 sq. ft.2168 Valleydale Lane, Encinitas, CA 92024
MLS# NDP2607615Listed by: SELECT CALIFORNIA HOMES - Open Fri, 3:30 to 6pmNew
$2,575,000Active3 beds 3 baths3,145 sq. ft.293 Via Del Cerrito, Encinitas, CA 92024
MLS# NDP2607607Listed by: TRUST PROPERTIES USA - New
$3,100,000Active4 beds 4 baths3,064 sq. ft.3759 Sage Canyon Drive, Encinitas, CA 92024
MLS# TR26176256Listed by: HOMECOIN.COM - New
$1,599,000Active0.37 Acres97 N Vulcan Ave, Encinitas, CA 92024
MLS# 260019707SDListed by: EXP REALTY OF CALIFORNIA, INC. - New
$1,599,000Active0 Acres97 N Vulcan Ave #3, Encinitas, CA 92024
MLS# 260019707Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$2,995,000Active2 beds 2 baths1,384 sq. ft.2081 Sheridan, Encinitas, CA 92024
MLS# 260019681Listed by: PACIFIC SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$1,399,999Coming Soon3 beds 3 baths553 A Hygeia, Encinitas, CA 92024
MLS# PTP2606120Listed by: COLDWELL BANKER REALTY - New
$997,000Active2 beds 2 baths966 sq. ft.127 W Glaucus Street #B, Encinitas, CA 92024
MLS# IV26174174Listed by: LISTLEAN - Open Sat, 1 to 4pmNew
$3,595,000Active5 beds 5 baths4,575 sq. ft.3501 Lone Hill Lane, Encinitas, CA 92024
MLS# 260019526Listed by: COMPASS