1117 Vega Way
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1117 Vega Way

C

San Marcos, CA 92078

$1,819,900
NEW — 5d

Beds

3

Baths

2.5

Sqft

2,680

Year Built

2013

Days on Market

5

Property Type

Single Family

HOA/mo

$93

MLS ID

NDP2605893

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Gorgeous home with panoramic ocean and south-facing views on a rare premium cul-de-sac lot in San Elijo Hills! One of three special "lottery" lots in the Altaire community! Perched on a private, elevated setting, this immaculate 3-bedroom + loft residence offers an exceptional blend of luxury, comfort, and thoughtfully designed indoor-outdoor living. The highly upgraded interior showcases elevated finishes and functional design throughout. The main level features a desirable downstairs primary suite (lives like a single story!) with sliding glass doors opening seamlessly to the backyard, creating a true indoor-outdoor retreat and an additional powder room with a barn door. The primary bathroom is beautiful with double vanities, a large walk-in closet, and a shower. The chef's kitchen is both stylish and functional, complete with an oversized granite slab island, pendant lighting, abundant built-in cabinetry, Bosch refrigerator and dishwasher, wine fridge, double oven, hood and range, and ample storage-ideal for everyday living and entertaining, and it's open to the spacious family room with vaulted ceilings, anchored by a beautiful stone fireplace. The backyard is a true standout, designed to maximize the home's breathtaking ocean views. A sleek glass view fence enhances unobstructed views, while thoughtful outdoor lighting enhances the ambiance for evening entertaining. Enjoy a hardscape, low-maintenance yard featuring a built-in view island, fire pit, extended pergola, and a dedicated garden area with a large storage shed - a gardener's dream. Upstairs offers two spacious secondary bedrooms, a shared bathroom with a shower, and a versatile loft/bonus room that can easily serve as a fourth bedroom, office, or media space. Additional highlights include custom-built-in cabinetry, automatic window shades, a fully integrated alarm system with cameras, OWNED solar with battery backup, and a generous 3-car tandem garage with added storage. A pet door with safety fencing adds extra convenience. Located in the highly sought-after San Elijo Hills community, known for its charming town center with shops, restaurants, and a local brewery, ocean breezes, as well as 18 miles of hiking and biking trails. Enjoy direct trail access from the cul-de-sac and take in stunning sunset ocean views from your own private entertainer's sanctuary. Low fees and one of the best lots in the community-this is an exquisite property!

Mortgage Calculator

Est. Monthly Payment

$11,646

Principal & Interest$9,202
Property Tax$1,820
Insurance$531
HOA$93
%($363,980)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,496
Monthly Cashflow

Rent − PITIA

$-7,150
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,701

Mortgage (P+I)
$9,202
Cap Rate
-0.33%
Cash-on-Cash
-31.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$17,095

NOI (Annual)
$-5,983
Price-to-Rent

Lower = better for investors

33.7

* 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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