1041 Saint Albans
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1041 Saint Albans #1

D

Encinitas, CA 92024

$3,950,000
NEW — 2d

Beds

5

Baths

4

Sqft

3,072

Year Built

1976

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010999SD

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

About This Property

Introducing The Fox Point Coastal Estate- a one-of-a-kind single-level dual-residence modern retreat in the heart of coveted Encinitas. Set on a flat, usable .47-acre corner lot, this private haven is immersed in gentle ocean breezes, sun-drenched afternoons, and the soft sound of birds chirping through lush surroundings. Thoughtfully designed for both comfort and flexibility, the property features two beautifully updated, single-level residences—ideal for multi-generational living, guest accommodations, or income potential. The main residence includes 3 bedrooms and 2 bathrooms across approximately 2,050 square feet, thoughtfully updated to reflect a relaxed coastal aesthetic. Complementing the main home, a detached 2-bedroom, 2-bathroom ADU, built in 2018, adds an additional 1,022 square feet of private, well-appointed living space. Expansive outdoor areas invite effortless indoor-outdoor living, with ample room to gather, garden, or unwind in the coastal air. A detached office or art studio adds creative versatility, while covered parking accommodates an RV, boat, or sprinter van with ease. The property is further enhanced by 32 owned solar panels, supporting energy efficiency and long-term value. The Fox Point Coastal Estate is a rare offering where single-level living, space, serenity, and modern convenience converge in one of Encinitas’ most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$25,075

Principal & Interest$19,973
Property Tax$3,950
Insurance$1,152
%($790,000)
%

Location

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Investment Score

6D
Est. Monthly Rent
$13,628
Monthly Cashflow

Rent − PITIA

$-11,447
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,873

Mortgage (P+I)
$19,973
Cap Rate
0.64%
Cash-on-Cash
-27.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$36,840

NOI (Annual)
$25,199
Price-to-Rent

Lower = better for investors

24.2

* 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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