1103 Catania Ct.

1103 Catania Ct.

D

Encinitas, CA 92024

$1,299,000

Beds

2

Baths

2

Sqft

1,119

Year Built

2026

Days on Market

10

Property Type

Condo

HOA/mo

$427

MLS ID

IG26057080

View on MLS

Description

Imagine waking up and strolling just steps to grab your morning coffee while overlooking a working organic farm. Welcome to Fox Point Farms, Encinitas’ newest coastal agrihood — a thoughtfully designed community centered around wellness, connection, and an elevated coastal lifestyle. Residents enjoy an extraordinary collection of amenities including a working organic farm, farm-to-table dining, organic market/gift shop, coffee roastery, and brewery, creating a truly unique neighborhood experience where gathering and community are part of everyday life. This brand-new, never-lived-in condo offers an open and airy floor plan featuring 1 bed, 2 bath plus a spacious loft currently staged as a primary suite with it's own adjacent bath. This modern home offers exceptional flexibility that lives like a 2 bedroom but the loft could easily serve as a second living area, guest retreat, or private office. Thoughtfully enhanced with over $50,000 in upgrades, the home showcases beautifully appointed modern finishes throughout, including luxury vinyl plank flooring, high-end appliances, marble backsplash and shower floor, a private outdoor deck, owned solar, reverse osmosis/water softening system, a tankless water heater, pre-wired for EV charger and additional garage storage. Opportunities to own a brand-new, upgraded residence in this highly sought-after community are limited, making this an exceptional offering within Fox Point Farms. Ideally located just steps from walking and running trails and less than two miles from Encinitas beaches, the home also offers convenient access to El Camino Real, Highway 101, and Interstate 5. The upcoming community center, scheduled to open soon, will feature a resort-style pool, spa, fitness center, and golf simulator, further enhancing the lifestyle offered at Fox Point Farms. For those seeking a home that blends modern coastal design, walkable amenities, and a vibrant community setting, Fox Point Farms offers a truly exceptional opportunity.

Mortgage Calculator

Est. Monthly Payment

$8,673

Principal & Interest$6,568
Property Tax$1,299
Insurance$379
HOA$427
%($259,800)
%

Investment Score

2D
Est. Monthly Rent
$4,862
Monthly Cashflow

Rent − PITI − HOA

$-3,811
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,012

Mortgage (P+I)
$6,568
Cap Rate
0.51%
Cash-on-Cash
-27.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$12,670

NOI (Annual)
$6,675
Price-to-Rent

Lower = better for investors

22.3

* 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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