
1160 Festival Road
Ctop 80%San Marcos, CA 92078Neighborhood: Questhaven/La Costa Meadows
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$6,472/mo full cashflow at 20% down, 7.36% rate.
Works at $549,103 (61% under asking), or at 88% down.
Rent $5,573/mo from 10 leases of 3–5 bed houses within 1 mi ($5,407–$6,313).
Beds
4
Baths
3
Sqft
2,721
Year Built
2011
Days on Market
92
Property Type
Single Family
HOA/mo
$95
MLS ID
NDP2607420
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Perfectly positioned on a quiet cul-de-sac street with no neighbors directly in front or behind, this beautifully updated San Elijo Hills residence offers the rare combination of privacy, space, and panoramic views. Set on a large lot with expansive vistas from the top of the property, this home captures the peaceful lifestyle that makes this community so sought after. Inside, soaring ceilings and abundant natural light welcome you into a thoughtfully designed floor plan featuring fresh interior and exterior paint, brand-new downstairs flooring, new kitchen countertops, and stylish updated finishes throughout. The open-concept kitchen serves as the heart of the home, complete with an oversized island, breakfast bar, double ovens, stainless steel appliances, and generous prep space, all flowing seamlessly into the inviting family room that is perfect for family gatherings or entertaining. The versatile layout includes a full bedroom and bathroom on the main level, ideal for guests, multigenerational living, or a private home office. Upstairs, a spacious loft offers the perfect flex space for a media room, playroom, or additional office and also has ocean views. The generous primary suite provides a relaxing retreat with a spa-inspired bath featuring dual vanities, soaking tub, separate shower, and a large walk-in closet. Two additional bedrooms and a full bath complete the second floor. Designed for year-round indoor-outdoor living, the backyard features a built-in fireplace and BBQ, creating the perfect setting for entertaining or relaxing under the stars. Follow the stairs to the top of the property where you'll enjoy sweeping views. A truly unique outdoor space with endless possibilities. Additional highlights include solar, a Tesla charging outlet, extensive garage storage with both a two-car and separate one-car garage, offering incredible flexibility for vehicles, a home gym, workshop, or a space to play or hobby space. Located in the highly desirable San Elijo Hills community, residents enjoy top-rated schools, miles of scenic hiking trails, beautiful parks, playgrounds, and the vibrant Town Center with its popular shops, restaurants, and community events. This is an exceptional opportunity to own one of the neighborhood's most private and thoughtfully updated homes in a truly premier location.
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Est. Monthly Payment
$9,600
Location
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Zoned Schools
Elementary
Double Peak · grades K-8 · San Marcos Unified
Middle
Double Peak · grades K-8 · San Marcos Unified
High
Mission Hills High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,573
Comp Average
$5,501
642 Via Del Campo
4bd / 3.5ba · 2,925 sqft · Single Family
$1.40M
Est. $5,786/mo
368 Avenida La Cuesta
4bd / 3ba · 2,397 sqft · Single Family
$1.20M
Est. $4,922/mo
1105 Via Vera Cruz Street
5bd / 4ba · 2,850 sqft · Single Family
$1.40M
Est. $5,599/mo
1605 Reflection Street
4bd / 2.5ba · 2,575 sqft · Single Family
$1.48M
Est. $5,385/mo
950 Baylor Drive
4bd / 2.5ba · 2,978 sqft · Single Family
$1.70M
Est. $5,815/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3–5 bed houses within 1 mi · $5,407–$6,313
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,472/mo short at 20% down; 88% down or +$8,405/mo rent closes it.
- Break-even price
- $549,103
- Break-even rent
- $13,978/mo
- Cashflow at 35% down
- −$5,028/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$8,405/mo above the estimate
$1,228,479 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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