For the first time in its 60 years overlooking Moonlight Beach in Encinitas, California, this homemade home is set to hit the market for a new generation of owners.
Uniquely located atop a manmade bluff, the compact compound has remained in the same family since they constructed it in 1963.
The $8.8 million listing, which The Post can exclusively report will list early this week, is held by Josh Altman, Matt Altman and Jason Saks of Douglas Elliman.
Currently divided into two apartments, the property consists of a main house with two bedrooms, two bathrooms, a kitchen and laundry — and, on the upper level, a one-bedroom guest unit with its own separate kitchen, sitting room and bathroom.
Outdoor features include a private staircase down to the beach and, above, a lushly landscaped oasis with a five-hole putting green and three fire pits.
“I came down here every summer,” current owner Ken Palmer, told The Post of growing up at the Southern California oceanfront hideaway his grandpa built, along with the help of an award-winning architect, six decades ago.
Now 69, Palmer began helping renovate the place when he was 10 years old and, as an adult, after his grandmother passed away, he’d come down to take care of his grandfather every other weekend — and whenever there was a USC game on.
In 2010, after his grandfather passed, he and his wife Wendy moved in full-time, and have spent the years since enjoying the seaside escape.
The interior, Palmer said, “looks exactly as it did when we built it,” including details of ash pecan wood, a material no longer available for purchase due to protection laws.
The whole Pacific-front property, in fact, could not be built today because zoning restrictions now require residences to be 40 feet back from the edge of the natural bluff. But the bluff below 430 Moonlight Lane was long ago excavated, a giant wall built in its place.
The house, which is located on top of the wall, is thus some 40 feet in front of the bluff, or 80 feet beyond where any new construction can today rise, he explains.
Palmer is putting it on the market now, for the first time in its history, as he’s no longer surfing much — and finds the area has grown too populous and touristy for him to find peace there in retirement.
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