116 Nob Ave

116 Nob Ave

D

Del Mar, CA 92014

$12,500,000
NEW — 0d on market

Beds

5

Baths

5.5

Sqft

5,441

Year Built

2013

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260008026SD

View on MLS

Description

Hidden from the street in Olde Del Mar, this 5,441 sq ft coastal retreat blends privacy, design, and effortless indoor-outdoor living. Set on a rare site, it captures panoramic ocean views, Torrey Pines, and open sky. A bridge over the infinity pool leads to the main entry, where natural light fills the open interiors. Disappearing glass walls connect the living spaces to the landscape, perfect for entertaining or quiet retreat. The chef’s kitchen features walnut cabinetry, Wolf 8 burner gas range with double oven, Sub Zero Professional fridge/freezer, dual Miele dishwashers, built-in Miele coffee machine, reverse osmosis filtration, hidden pantry, and a floating prep island with waterfall marble dining table. The main level primary suite opens to a private ocean-view deck and spa-inspired bath with steam shower and heated floors, steps from the pool and jacuzzi. Four additional en suite bedrooms, including one on the main level, provide comfort and privacy. A lower-level media/game room with kitchenette sits beneath a pool ceiling, shimmering with natural light from skylights. A detached gym with dedicated HVAC offers an ideal private wellness or studio space, while the garage is equipped with an EV charger. A semi-private trail leads to the beach, minutes from Del Mar Village, dining, coffee shops, hiking, Dog Beach, the Racetrack, and I-5 access.

Mortgage Calculator

Est. Monthly Payment

$79,353

Principal & Interest$63,207
Property Tax$12,500
Insurance$3,646
%($2,500,000)
%

Comparable Properties

2 comps found

This Property

$19,005

vs

Comp Average

$14,599

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$19,005
Monthly Cashflow

Rent − PITIA

$-60,348
Full Cashflow

Incl. vacancy, PM, maint, capex

$-75,136

Mortgage (P+I)
$63,207
Cap Rate
-1.15%
Cash-on-Cash
-36.07%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$116,584

NOI (Annual)
$-143,146
Price-to-Rent

Lower = better for investors

54.8

* 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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