A rare coastal sanctuary set on nearly an acre along one of Encinitas’ most desirable streets. Located on the high side of Lake Drive, adjacent to Crest Drive, this exceptional ocean-view property offers privacy, scale, and flexibility rarely found so close to the coast. The expansive parcel spans over 160 feet of street frontage and a level-to-gently sloping topography, creating a peaceful retreat with exceptional future potential. Existing improvements include a charming 1,480 sq ft California beach bungalow featuring 3 bedrooms and 2 baths, a detached guest unit, and a lushly landscaped backyard oasis with a resort-style in-ground pool and spa surrounded by mature tropical foliage. A Tentative Parcel Map has been filed under SB 9, proposing a two-lot configuration and enhancing optionality for the future owner. The proposed layout includes one lot fronting Lake Drive with the existing residence and a second sizeable parcel accessed via a private access and utility easement. This presents a rare opportunity to remodel and enjoy the existing home, complete the lot split, develop an additional residence, or create a premier coastal estate, subject to buyer verification and City approvals.