10585 Canyon Lake

10585 Canyon Lake

D

Scripps Ranch, CA 92131

$1,799,950
NEW — 2d on market

Beds

6

Baths

3.5

Sqft

2,802

Year Built

1972

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007812SD

View on MLS

Description

Beautifully upgraded residence with thoughtful design and exceptional location. Remodeled kitchen with Quartz counters, custom wood hood, and professional-grade appliances. Corner windows, the kitchen opens to backyard views. The floor plan is highlighted by a spacious primary suite on the main level, with another bed/office. Upstairs, generously sized secondary bedrooms and two full bathrooms, one with dual sinks. Backyard views of mature trees, a built-in BBQ, a covered patio, and a private bocce ball court. Enjoy Sunday concerts at Hoyt Park, just up the street! See Supplement for complete details. Peaceful cul-de-sac in the heart of Scripps Ranch! This beautifully upgraded residence blends style, thoughtful design & an exceptional location. Inviting curb appeal sets the tone, while soaring ceilings & abundant natural light welcome you inside. The remodeled kitchen is the heart of the home, featuring quartz countertops, a custom wood hood, professional-grade appliances & designer finishes. Framed by dual corner windows, it opens to backyard views & natural greenery, creating a bright, airy feel. The floor plan offers both functionality & flexibility, highlighted by a spacious main-level primary suite with direct backyard access. An additional downstairs bedroom is ideal for guests, an office, or multigenerational living. Upstairs, generously sized secondary bedrooms & two full baths provide comfort & privacy. The backyard is designed for true California living with open-view fencing, mature trees, a built-in BBQ with bar seating, a covered patio & bocce ball court. Located near Hoyt Park with access to summer concerts & community events, plus top-rated schools, Miramar Lake, shopping, dining & easy freeway access. Location, Location, Location!

Mortgage Calculator

Est. Monthly Payment

$11,426

Principal & Interest$9,102
Property Tax$1,800
Insurance$525
%($359,990)
%

Investment Score

4D
Est. Monthly Rent
$7,282
Monthly Cashflow

Rent − PITIA

$-4,144
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,319

Mortgage (P+I)
$9,102
Cap Rate
1.19%
Cash-on-Cash
-24.40%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$16,788

NOI (Annual)
$21,387
Price-to-Rent

Lower = better for investors

20.6

* 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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