1007 Eolus Avenue

1007 Eolus Avenue

D

Encinitas, CA 92024

$4,995,000
NEW — 3d on market

Beds

7

Baths

5

Sqft

4,008

Year Built

1961

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603183

Description

Experience the best of coastal living west of I-5 in one of Leucadia’s most coveted neighborhoods—where panoramic ocean views, timeless Spanish-inspired design, and exceptional versatility come together on an expansive, private estate. The 5-bedroom, 4-bath main residence is thoughtfully designed with two fully self-contained levels, each featuring its own kitchen, living space, and laundry, allowing for complete separation or seamless integration as one expansive home. Additionally, a fully detached 2-bedroom, 1-bath ADU (casita) provides a private residence with its own yard, parking, and entrance. The upper level of the main home is the showpiece, where sweeping ocean views take center stage. The open-concept great room features a chef’s kitchen with a stunning Perla Venata quartzite island, hand-painted Tabarka tile, custom wood beams, solid alder doors, and engineered wire-brushed oak flooring throughout. Panoramic doors open to an expansive ocean-view deck with a gas fireplace creating the ultimate setting for sunset gatherings and relaxed coastal evenings. This level also includes a luxurious primary suite with a private ocean-view balcony, an additional bedroom, a beautifully appointed guest bath with a clawfoot tub and artisan tile, and a dedicated laundry/craft room. The lower level offers three bedrooms and two bathrooms (including an en-suite), a spacious living room with a wood-burning fireplace, and its own full kitchen and laundry providing a completely independent living space ideal for extended family or guests. The detached ADU (casita) is a true standout, offering a full kitchen, living room, separate laundry, private yard, dedicated parking, and storage completely independent from the main home. It's perfectly suited for rental income or long-term guests. Outdoor living is equally exceptional. The front courtyard welcomes you with a tranquil fountain, leading to a sleek saltwater pool and spa, outdoor bar, and gas fireplace creating a resort-style ambiance. The backyard is a lush retreat with mature fruit and citrus trees, raised garden beds, and a detached workshop or office. Additional highlights include gated entry and RV parking. All of this is just minutes from the beach, surf breaks, local coffee shops, and the vibrant yet laid-back lifestyle that defines Leucadia.

Mortgage Calculator

Est. Monthly Payment

$31,709

Principal & Interest$25,257
Property Tax$4,995
Insurance$1,457
%($999,000)
%

Investment Score

0D
Est. Monthly Rent
$12,683
Monthly Cashflow

Rent − PITIA

$-19,026
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,106

Mortgage (P+I)
$25,257
Cap Rate
-0.20%
Cash-on-Cash
-31.36%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$46,587

NOI (Annual)
$-10,183
Price-to-Rent

Lower = better for investors

32.8

* 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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