1005 Canvasback Drive
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1005 Canvasback Drive

D

Carlsbad, CA 92011

$2,745,000

Soft Appraisal Value: $2,661,500 · 3.1% above estimate

Beds

5

Baths

4.5

Sqft

3,199

Year Built

2006

Days on Market

46

Property Type

Single Family

HOA/mo

$227

MLS ID

NDP2510564

This property is in Carlsbad (92011). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this beautiful oasis situated in the ideal cul-de-sac of the prestigious Bay Collection. Enjoy panoramic ocean views and sunsets from backyard balcony and master bedroom balcony, expansive green space, a large pool and spa, outdoor BBQ, and a custom elevated patio deck — all on one of the largest lots in the community. This home features solar for the house and for the pool, gorgeous wood floors, as well as a whole-house fan for energy-efficient comfort. Inside, you’ll find beautiful granite and dark wood cabinetry throughout, travertine floors and granite countertops in the bathrooms, and newer wood floors that flow through the open living areas. The kitchen has been thoughtfully updated with new canned LED lighting that never needs bulb replacement, fresh pendant lights, and convenient pull-out shelving in the cabinets. Large, newer sliding glass doors fill the home with natural light and invite in the refreshing ocean breeze. Many windows have been replaced as well as tankless water heater and The floor plan is flexible with one full bedroom and bath downstairs, plus three bedrooms and a spacious bonus room upstairs that could serve as a fifth bedroom. The front living room has been enclosed with elegant double glass barn doors, creating a perfect home office or quiet retreat. Additional upgrades include a tankless water heater, recirculating pump for instant hot water, and a three-car garage with built-in cabinetry, new lighting, and a one-year-old smart garage door opener with a built-in camera. The seller has added extensive landscaping with fruit trees, a built-in BBQ island, and the pool and spa, creating a private outdoor paradise. From the master balcony, unwind in the evenings and enjoy breathtaking sunsets over the ocean. Home is plumbed and ready for a/c and has whole house fan. cdeally located approximately one mile from the beach with convenient access to I-5, top-rated schools, shopping, dining, golf, and nearby Carlsbad Airport.

Mortgage Calculator

Est. Monthly Payment

$17,653

Principal & Interest$13,880
Property Tax$2,745
Insurance$801
HOA$227
%($549,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,814
Monthly Cashflow

Rent − PITIA

$-9,839
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,924

Mortgage (P+I)
$13,880
Cap Rate
-0.02%
Cash-on-Cash
-30.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$25,897

NOI (Annual)
$-525
Price-to-Rent

Lower = better for investors

29.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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