1023 Stratford Ct
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1023 Stratford Ct

D

Del Mar, CA 92014

$10,995,000
NEW — 1d

Beds

5

Baths

5.5

Sqft

4,436

Year Built

2022

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009224SD

This property is in Del Mar (92014). View neighborhood stats →

About This Property

Set in Olde Del Mar just blocks from the beach, shops, and restaurants, this beautiful ocean-view home offers an exceptional coastal lifestyle. Built in 2022, the open 4-bedroom floor plan centers around an inviting great room with vaulted ceiling and retractable glass doors that open to an expansive porch, creating a seamless indoor-outdoor setting for sunset views. The chef’s kitchen features a generously sized island with marble countertops and luxury Miele 6-burner range with grill and double ovens. Two bedrooms are located on the main level, including a luxurious primary suite with balcony and spa-like bath. On the lower level, thoughtfully designed light wells and high ceilings enhance the bright, airy feel of the two additional bedrooms and bonus room. A detached ADU, hot tub, built-in BBQ, and covered outdoor living area with fireplace create an ideal setting for entertaining. Complete with paid solar and a 2-car garage with EV charger, this stunning residence presents a rare opportunity to own a newer build in a highly sought-after location west of the 101.

Mortgage Calculator

Est. Monthly Payment

$69,799

Principal & Interest$55,597
Property Tax$10,995
Insurance$3,207
%($2,199,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$19,374
Monthly Cashflow

Rent − PITIA

$-50,425
Full Cashflow

Incl. vacancy, PM, maint, capex

$-64,043

Mortgage (P+I)
$55,597
Cap Rate
-0.92%
Cash-on-Cash
-34.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$102,547

NOI (Annual)
$-101,358
Price-to-Rent

Lower = better for investors

47.3

* 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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