1025 Monterey Vista Way

1025 Monterey Vista Way

D

Encinitas, CA 92024

$2,699,000

Soft Appraisal Value: $2,611,200 · 3.4% above estimate

Beds

4

Baths

2.5

Sqft

2,277

Year Built

1987

Days on Market

23

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602049

Description

Nestled on a quiet cul-de-sac, this home offers the perfect blend of privacy, comfort, and effortless entertaining. From the moment you enter the private courtyard you’ll feel a sense of calm and escape—a space where traditional finishes meet tropical touches for an inviting, elevated atmosphere. At the heart of this home you will find a remodeled kitchen with quartz countertops and stainless steel appliances—flowing seamlessly into the family room, complete with theater-style lighting and integrated high-end surround sound, perfect for lively gatherings or quiet evenings. Acacia flooring flows throughout the lower level, complemented by plush new carpet upstairs. This fully integrated smart home system allows you to control audio, video, lighting, climate, security, and more from a single app/wall-mounted touch screens. The spacious primary suite offers a serene retreat with a fireplace, recently remodeled luxurious bath, and dual closets, including a custom walk-in closet with built-ins that maximize space and convenience. Outside, a resort-style backyard framed by mature tropical landscaping, custom lighting, a gas fire pit, in-ground spa, outdoor shower, fully equipped covered outdoor kitchen with stone countertops, and custom outdoor sound system invites unforgettable entertaining. As an added bonus, the expansive side and rear yard offers RV parking with full hookups, and also provides space suitable for a guest house or ADU. Ideally located just minutes from Encinitas beaches, shopping, dining, parks, and top-rated schools, this home captures the essence of coastal living with elegance, warmth, and ease.

Mortgage Calculator

Est. Monthly Payment

$17,134

Principal & Interest$13,648
Property Tax$2,699
Insurance$787
%($539,800)
%

Investment Score

0D
Est. Monthly Rent
$6,200
Monthly Cashflow

Rent − PITI − HOA

$-10,934
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,609

Mortgage (P+I)
$13,648
Cap Rate
-0.43%
Cash-on-Cash
-32.48%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$25,172

NOI (Annual)
$-11,534
Price-to-Rent

Lower = better for investors

36.3

* 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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