Surfer’s Point property, located at 100 & 200 Carlsbad Boulevard in Leucadia, is under contract for purchase at a price of $6,000,000. The land spans approximately 2 acres and is set to be acquired by Mayor Tony Kranz and Bruce Ehlers. The seller of the property is The Surfer’s Point LCC. The transaction is being facilitated by brokers Dan Reedy and Al Apuzzo from Lee & Associates. The deal will result in the preservation of the coastal site as open space.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $6,000,000
• Address: 100 & 200 Carlsbad Boulevard, Leucadia
• Market: Leucadia
• ACRES: 2
• Buyer: Mayor Tony Kranz & Bruce Ehlers
• Seller: The Surfer’s Point LCC
• Brokers: Dan Reedy & Al Apuzzo - Lee & Associates

The Surfer’s Point property acquisition has received unanimous City Council approval in Encinitas. The purchase of the property for $6 million follows a thorough due diligence process and survey work. The deal is expected to be completed by September 29th.