185 Saxony Rd, Encinitas, CA 92024
Local realty services provided by:ERA Donahoe Realty
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:1 day(s) ago
- Updated:May 06, 2026 at 02:36 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
- New
$6,799,999Active-- beds -- baths6,949 sq. ft.921 Regal, Encinitas, CA 92024
MLS# OC26098360Listed by: LEE & ASSOCIATES COMMERCIAL RE - Coming Soon
$749,000Coming Soon3 beds 2 baths444 N El Camino Real #146, Encinitas, CA 92024
MLS# NDP2604353Listed by: RE/MAX CONNECTIONS - New
$16,000,000Active4 beds 4 baths1,832 sq. ft.430 Moonlight Ln, Encinitas, CA 92024
MLS# 260010833Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$1,497,000Active3 beds 2 baths1,268 sq. ft.1363 Justin Road, Cardiff, CA 92007
MLS# 260010836Listed by: TXR HOMES, INC. - New
$1,497,000Active3 beds 2 baths1,268 sq. ft.1363 Justin Road, Cardiff By The Sea, CA 92007
MLS# 260010836SDListed by: TXR HOMES, INC. - Open Sat, 2 to 5pmNew
$569,999Active1 beds 1 baths650 sq. ft.1810 S El Camino Real #202, Encinitas, CA 92024
MLS# 260010759SDListed by: COMPASS - Coming Soon
$1,275,000Coming Soon2 beds 1 baths248 Coneflower Street, Encinitas, CA 92024
MLS# NDP2604311Listed by: FIRST TEAM REAL ESTATE - Open Fri, 3 to 6pmNew
$899,000Active1 beds 1 baths956 sq. ft.687 S Coast Hwy 101 #206, Encinitas, CA 92024
MLS# 260010720SDListed by: PHILLIPS & COMPANY THE J.R. PHILLIPS GROUP, INC. - Open Fri, 3 to 6pmNew
$1,299,000Active3 beds 3 baths1,281 sq. ft.687 S Coast Hwy 101 #219, Encinitas, CA 92024
MLS# 260010724SDListed by: PHILLIPS & COMPANY THE J.R. PHILLIPS GROUP, INC.