1180 Devonshire Dr

1180 Devonshire Dr

D

Encinitas, CA 92024

$3,800,000

Beds

4

Baths

4

Sqft

3,033

Year Built

2015

Days on Market

42

Property Type

Single Family

HOA/mo

N/A

MLS ID

2600336SD

Description

Just blocks from San Diego’s premier beaches and vibrant dining scene, this custom-designed single-story beach home in Encinitas Highlands offers the ultimate in coastal living. Every inch of this home exudes thoughtful design, from the wide-plank European White Oak flooring to the sleek lighting fixtures. Expansive bi-folding doors seamlessly blend indoor and outdoor living, opening to a beautifully landscaped 16,000 sq. ft. private lot — complete with a detached guest house (approx. 518 sq. ft.), perfect for visitors or a home office. This is a rare opportunity to own a one-of-a-kind coastal retreat where style, comfort, and location converge. There is truly nothing else like it on the coast! Additional features include an open-concept layout, Thermador kitchen appliances, Puronics water softener and reverse osmosis filters, new tankless water heater, new toilets, new paint. Don’t miss this unique gem!

Mortgage Calculator

Est. Monthly Payment

$24,123

Principal & Interest$19,215
Property Tax$3,800
Insurance$1,108
%($760,000)
%

Investment Score

0D
Est. Monthly Rent

Zillow Rent Zestimate

$7,790
Monthly Cashflow
$-21,291

Mortgage (P+I)
$19,215
Cap Rate
-0.66%
Cash-on-Cash
-33.62%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$28,458

NOI (Annual)
$-24,916
Price-to-Rent

Lower = better for investors

40.7

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

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