1034 Alexandra Lane
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1034 Alexandra Lane

C

Encinitas, CA 92024

$2,050,000
NEW — 3d

Soft Appraisal Value: $1,982,300 · 3.4% above estimate

Beds

3

Baths

2

Sqft

1,625

Year Built

2001

Days on Market

3

Property Type

Single Family

HOA/mo

$294

MLS ID

NDP2606120

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Welcome to coastal living in the highly desirable Devonshire neighborhood of Encinitas Ranch. Ideally situated on a quiet, private street, this beautifully updated single-level home offers timeless style, thoughtful upgrades, and seamless indoor-outdoor living. The exceptional floor plan features an open-concept kitchen and family room that flow effortlessly to a private backyard. The remodeled kitchen showcases white shaker-style cabinetry, custom soapstone countertops, premium stainless-steel appliances, and abundant workspace. A formal dining room and elegant living room with a fireplace offer additional gathering spaces, while two French doors open to a charming front patio. The spacious primary suite features direct backyard access and a beautifully remodeled bath with a walk-in shower, soaking tub, dual vanities, and a large walk-in closet with custom built-ins. The secondary bathroom has also been tastefully remodeled. Designed for entertaining, the private backyard offers expansive patios, a fire pit, dining and lounge areas, and mature landscaping. Additional upgrades include owner-owned solar, complete repiping of the home's water supply lines, air conditioning, a tankless water heater, fresh interior paint, plantation shutters, wood floors throughout, and an oversized two-car garage with overhead storage racks. Located within the highly acclaimed Encinitas and San Dieguito school districts, this exceptional home is just blocks from the Fox Point Farms, featuring seasonal events, Haven farm-to-table restaurant, a neighborhood market, coffee shop, brewery, and charming farm. Also nearby are Encinitas Ranch Golf Course, the Encinitas Trail System, the SD Botanic Garden, community parks, major shopping, Downtown Encinitas, Leucadia, and some of North County's finest beaches. Exceptional single-level living in one of Encinitas Ranch's most sought-after neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$13,308

Principal & Interest$10,366
Property Tax$2,050
Insurance$598
HOA$294
%($410,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,952
Monthly Cashflow

Rent − PITIA

$-7,356
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,433

Mortgage (P+I)
$10,366
Cap Rate
-0.04%
Cash-on-Cash
-30.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$19,502

NOI (Annual)
$-808
Price-to-Rent

Lower = better for investors

28.7

* 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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