1130 Melrose Way
1 / 20

1130 Melrose Way

D

Vista, CA 92081

$1,650,000
NEW — 1d

Soft Appraisal Value: $1,605,800 · 2.8% above estimate

Beds

5

Baths

3

Sqft

2,834

Year Built

2001

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605077

This property is in Vista (92081). View neighborhood stats →

Virtual Tour

About This Property

Tucked behind it's own private gated entry in one of South Vista’s most desirable neighborhoods, with No HOA, this exceptional single-story estate offers the perfect blend of luxury, privacy, and Southern California indoor-outdoor living. Situated on a beautifully landscaped and fully fenced half-acre lot, the property is designed for both everyday comfort and unforgettable entertaining. The backyard is a true resort-style retreat featuring a stunning 2022 Pebble Tec heated pool and spa with automatic cover, built-in outdoor kitchen, covered patios, lush gardens, automatic irrigation, and a variety of mature fruit trees including citrus, peach, plum, nectarine, fig, and more. There is even ample space to add a pickleball court, plus dedicated RV and boat parking. Inside, vaulted ceilings and recessed lighting create an open, airy atmosphere throughout the home. The thoughtfully designed floor plan offers ideal separation for privacy and multi-generational living, while extensive windows and sliding glass doors seamlessly connect the interior spaces to the pool and gardens beyond. At the heart of the home is a spectacular custom chef’s kitchen featuring a large center island, walk-in pantry, and a 36” Thermador professional range and hood. The open-concept family room, kitchen, and dining area make entertaining effortless. The expansive primary suite is a peaceful retreat complete with a private seating area, sliding doors to the covered patio, a luxurious spa-inspired bath with soaking tub and separate shower, and a spacious walk-in closet. Additional highlights include: Large dedicated office with built-in desks and shelving- Owned solar system- Abundant storage throughout- Oversized 3-car garage with soaring 20-foot ceilings and catering kitchen setup- Detached flex space ideal for a guest suite, home gym, office, pool house, or easy ADU conversion. Ideally located south of Highway 78, just 15 minutes from the beach and walking distance to the local weekly farmers market, dining, and neighborhood amenities, this rare Vista property offers the lifestyle, flexibility, and amenities today’s buyers are searching for.

Mortgage Calculator

Est. Monthly Payment

$10,475

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
%($330,000)
%

Location

Loading map...

Investment Score

8D
Est. Monthly Rent
$5,940
Monthly Cashflow

Rent − PITIA

$-4,534
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,275

Mortgage (P+I)
$8,343
Cap Rate
0.78%
Cash-on-Cash
-26.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$15,389

NOI (Annual)
$12,814
Price-to-Rent

Lower = better for investors

23.1

* 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.

Get Expert AnalysisOpen Full Calculator