On August 9, 2023, the Encinitas City Council unanimously approved a purchase and sale agreement with Surfer’s Point LLC in order to purchase two parcels known as Surfer’s Point at the Northeast Corner of Highway 101 and La Costa Avenue in Leucadia.  The land will be purchased for $6 million dollars with a 45-day due diligence period and a target close of escrow on September 29, 2023. 

The City of Encinitas News Release can be found here: Press Release Surfers Point