102 Cerro St

Discover this exceptional, fully remodeled, multi-functional property offering flexibility, comfort, and impressive income potential. Set on a private, fully fenced lot surrounded by mature hedges, this versatile home includes a spacious 4-bedroom, 3-bath main residence (2,157 sq ft) and a fully permitted 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with private entry (950 sq ft) that was built in 2021. The property has generated approximately $170K annually through short-term rental use of the main house while the ADU was owner-occupied—providing a unique opportunity for supplemental income or multigenerational living. The main home features a split-level design with an open living, dining, and kitchen area on the entry level, and a large family/game room with backyard access, half bath, and direct entry to the attached 3-car garage on the ground level. Upstairs you'll find all bedrooms and full bathrooms. Enjoy hardwood flooring, a newer roof, central A/C, laundry in the garage, and abundant storage. The yard for the main home is ideal for entertaining and relaxation with a hot tub, outdoor shower, grassy play areas, and complete privacy. The ADU boasts vaulted ceilings, luxury vinyl plank flooring, in-unit laundry, three mini-split systems, and a thoughtful layout with bedrooms on opposite ends for added privacy. With its private entrance and self-contained design, the ADU functions as an ideal rental or guest space. Fully-remodeled from 2018-2020 providing years of future enjoyment. Located less than 3 miles from the ocean—perfect for grabbing your beach cruiser and soaking up the sun. Minutes from award-winning schools, beautiful beaches, vibrant shops, and top-rated restaurants, this is a once-in-a-lifetime opportunity to own a true hidden gem in Encinitas.