11495 Larmier Cir

11495 Larmier Cir

D

Scripps Ranch, CA 92131

$1,875,000

Soft Appraisal Value: $1,843,500 · 1.7% above estimate

Beds

4

Baths

3

Sqft

2,753

Year Built

1990

Days on Market

26

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004945SD

Description

Nestled on an expansive corner lot in Scripps Ranch, this prestigious residence offers elegance, comfort, and architectural significance inside and out. The showcase resort-style backyard features a 75-ft Olympic-length heated pool, surrounded by Saltillo-tiled patios and multiple outdoor areas with lush landscaping, creating an ideal setting for both grand gatherings and intimate evenings framed by mature trees that provide exceptional privacy. Inside, soaring ceilings, stacked windows, and four sets of French doors fill the home with natural light, creating seamless indoor-outdoor living. The chef’s kitchen includes refaced cabinetry, new appliances, and a cozy eat-in nook. The flexible floor plan includes a lower-level bedroom with a full bath and private patio, perfect for guests, multigenerational living, or a home office. Details include solid oak hardwood floors, marble tile, new carpeting, custom built-ins, two fireplaces, and recessed lighting. The primary suite features dual walk-in closets, a spa-like ensuite with a separate soaking tub, and an outdoor balcony. Additional features include a three-car garage with epoxy floors, built-ins and custom stand-up attic storage, upgraded HVAC, a new water heater, a camera security system, and a separate laundry room. With no rear neighbors and only one side neighbor, this property offers privacy while being close to Lake Miramar, top-rated schools, and parks, truly capturing the Scripps Ranch lifestyle.

Mortgage Calculator

Est. Monthly Payment

$11,903

Principal & Interest$9,481
Property Tax$1,875
Insurance$547
%($375,000)
%

Investment Score

1D
Est. Monthly Rent
$5,655
Monthly Cashflow

Rent − PITI − HOA

$-6,248
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,111

Mortgage (P+I)
$9,481
Cap Rate
0.24%
Cash-on-Cash
-29.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$17,488

NOI (Annual)
$4,438
Price-to-Rent

Lower = better for investors

27.6

* 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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