11480 Forestview Lane San Diego

11480 Forestview Lane San Diego

D

Scripps Ranch, CA 92131

$1,995,000
NEW — 6d on market

Beds

4

Baths

2.5

Sqft

3,458

Year Built

1984

Days on Market

6

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004296SD

View on MLS

Description

Located in the Conservatory community of Scripps Ranch, this 4-bedroom, 3-bath residence sits on an expansive, level 15,000+ sq ft lot backing to lush open space—offering endless possibilities to create your dream backyard oasis. Vaulted ceilings and an open, airy floor plan welcome you inside, where a dramatic wall of windows frames serene backyard views and fills the home with abundant natural light. The formal living room with fireplace and adjoining dining room offer French doors that open seamlessly to the outdoor patio—perfect for indoor-outdoor entertaining. The family room showcases an impressive room addition, ideal for a game room, media space, or entertaining hub. The kitchen is well-appointed with granite countertops, a center island, stainless steel appliances, maple cabinetry with abundant storage, and a pantry closet. A cozy eat-in area completes the space. The expansive primary suite overlooks the backyard and includes a cozy nook area — perfect for relaxing with a good book.  The luxurious primary bath features dual vanities, two beveled mirrored wardrobes with custom built-ins, a Jacuzzi tub, separate glass-enclosed shower, tumbled travertine flooring, and two large skylights that fill the space with natural light.   Upstairs you’ll find three spacious secondary bedrooms and a hallway workstation with a built-in desk, bookshelves, and ample storage. Two of the bedrooms enjoy their own private balconies. From the edge of the backyard, enjoy views of Miramar Lake and stunning sunset skies. The thoughtfully designed, low-maintenance yard features walking paths, drought-tolerant landscaping, and a variety of fruit trees. A designated area with existing gas and water lines provides the perfect opportunity to install an outdoor kitchen or BBQ area.   Additional highlights include travertine flooring, vaulted ceilings, dual HVAC systems, a tankless water heater, water softener system, and a tool shed. The spacious indoor laundry room offers a utility sink and cabinetry for added convenience. The three-car garage is equipped with overhead storage cabinets and plenty of room for organization. Located in the heart of Scripps Ranch with award winning schools nearby and Lake Miramar just a few minutes away! No HOA or Mello Roos fees.

Mortgage Calculator

Est. Monthly Payment

$12,665

Principal & Interest$10,088
Property Tax$1,995
Insurance$582
%($399,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,808
Monthly Cashflow

Rent − PITI − HOA

$-7,857
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,625

Mortgage (P+I)
$10,088
Cap Rate
-0.32%
Cash-on-Cash
-23.63%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$12,665

NOI (Annual)
$-6,448
Price-to-Rent

Lower = better for investors

34.6

* Defaults: 20% down, 6.5% rate, 30yr.

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