
1010 Scarlet Way
DEncinitas, CA 92024
Soft Appraisal Value: $3,421,400 · 5.1% above estimate
Beds
5
Baths
5
Sqft
3,979
Year Built
2012
Days on Market
47
Property Type
Single Family
HOA/mo
$232
MLS ID
NDP2601958
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Situated on a premier cul-de-sac lot in coastal Encinitas, this exceptional former Warmington Homes showcase model offers luxury, space, and privacy on an oversized 12,233-sq-ft lot. This turnkey 5-bedroom, 5-bath residence blends elegant design with modern comfort — ideal for both everyday living and entertaining. A custom 8-foot front door opens to a dramatic two-story foyer, where wide-plank oak flooring flows throughout the main living areas. The light-filled great room features soaring ceilings, a striking west-facing wall of windows, and French doors that open to sun-drenched outdoor spaces. Formal living and dining areas, along with a built-in bar with dual beverage refrigerators, create the perfect setting for gatherings large or small. The chef’s kitchen is a true centerpiece, equipped with premium stainless-steel appliances, a 6-burner range with griddle, double convection ovens, a double-wide refrigerator, large farmhouse sink with purified water, walk-in pantry, and stunning Taj Mahal leathered quartzite countertops — all centered around an expansive island and open to the inviting family room with fireplace. A main-level bedroom with ensuite bath provides ideal accommodations for guests, extended family, or live-in support. Upstairs, the luxurious primary suite opens through French doors to a private ocean-view balcony — perfect for morning coffee and year-round sunsets. The spa-inspired bath features a soaking tub, oversized shower with bench, dual vanities with Hansgrohe fixtures, marble flooring, polished quartz counters, and an expansive walk-in closet. An additional ensuite bedroom with private balcony, two secondary bedrooms connected by an upgraded Jack-and-Jill bath, and a spacious light-filled bonus loft offer flexible space for a home office, media room, playroom, or retreat. The upstairs laundry room adds everyday convenience. The backyard is a rare coastal find — large, private, and beautifully landscaped. Enjoy an expansive lawn, raised garden beds, multiple patio areas, and a custom covered outdoor built-in BBQ and fireplace, creating distinct spaces for relaxation and entertaining. Additional highlights include, finished 3-car garage with epoxy floors, extensive built-in storage cabinets, overhead storage racks, owned whole-house Culligan water softener/conditioner, owned solar system. Ideally located near top-rated schools, parks, shopping, dining, beaches, historic Highway 101 and the El Camino Real corridor, with convenient freeway access.
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Est. Monthly Payment
$23,054
Location
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Comparable Properties
5 comps foundThis Property
$7,357
Comp Average
$7,868
367 Via Andalusia
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Est. $7,999/mo
545 Quail Pointe Ln
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2067 Pearl Street
5bd / 5.5ba · 2,664 sqft · Single Family
$2.69M
Est. $9,412/mo
935 Encinitas Blvd
5bd / 2ba · 1,709 sqft · Single Family
$2.20M
Est. $6,554/mo
1066 Guildford Court
4bd / 2ba · 2,050 sqft · Single Family
$2.50M
Est. $7,498/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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