Keep Leucadia Trendy

Union-Trib: Leucadia evolves from funky to chic:

“Leucadia is getting very trendy,” said Criss Crozier, managing partner of Swell Property. “That whole funkiness is changing.” Many of the people who have lived here for more than 40 years are selling the older homes, which buyers are then renovating or razing to build new larger homes on the property. Crozier describes the current real estate market as “more than red hot — it’s white hot.”

Leucadia falls within the Encinitas 92024 ZIP code where the median price in 2012 for a single-family home was $755,000 – a 7.2 percent increase over the previous year. The median price for condos was $333,750. Prices in Leucadia fall into the higher end. At the low end of home sales, Crozier noted that a two-bedroom house recently sold for $799,000. “Everything else is likely to be over $1 million,” he said. At the high end, a five-bedroom oceanfront home along Neptune Avenue is currently listed for $5.5 million.