Located just 2 blocks from Moonlight Beach with whitewater ocean views and in the heart of downtown Encinitas, this remarkable home is truly an incredible piece of real estate. Situated on a flat and usable 5,036 square foot lot (0.12 acres) beside State-owned property which will never be built-upon, 243-45 3rd Street is arguably the most unique opportunity in the coastal cities of San Diego this year. The main house is a 2 bedroom + bonus room and 2 full bathroom unit boasting ocean views from the living room and approximately 1,225 square feet. The attached guest house/granny flat is a 1 bedroom + bonus room and 1 full bathroom at approximately 700 square feet. Delightful charm make this a perfect opportunity for an owner-occupied buyer looking for rental income or looking to put a family member in a separate space. Or, a fabulous investment opportunity with multiple units (zoned R-15 Minor Multiple) on the coast in Encinitas. Act fast!