1062 Monterey Vista Way
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1062 Monterey Vista Way

D

Encinitas, CA 92024

$2,399,999
NEW — 0d on market

Soft Appraisal Value: $2,321,600 · 3.4% above estimate

Beds

4

Baths

3

Sqft

2,648

Year Built

1986

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602652

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

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About This Property

Welcome to an incredible opportunity in the heart of Encinitas, where coastal living meets comfort and style. This meticulously cared-for 4-bedroom, 3-bathroom home offers a light-filled, open layout with soaring vaulted ceilings that create an inviting and spacious feel throughout. Recent upgrades including fresh interior paint and new carpet complement timeless features like wood flooring, granite countertops, plantation shutters, crown molding, and two fireplaces. A true showpiece, the custom all-heart redwood wine cellar with split refrigeration holds up to 650 bottles—perfect for collectors and entertainers alike. Step outside to your private backyard retreat, complete with a covered patio and putting green, all positioned to take in sweeping ocean views and unforgettable sunset evenings. With a 2-car attached garage, central vacuum system, and financed solar for energy efficiency, this home checks every box. Located in the highly desirable Monterey Crest community, this is exceptional value wrapped into a dream family home.

Mortgage Calculator

Est. Monthly Payment

$15,236

Principal & Interest$12,136
Property Tax$2,400
Insurance$700
%($480,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$7,859
Monthly Cashflow

Rent − PITIA

$-7,377
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,184

Mortgage (P+I)
$12,136
Cap Rate
0.48%
Cash-on-Cash
-27.96%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$22,384

NOI (Annual)
$11,417
Price-to-Rent

Lower = better for investors

25.4

* 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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