11944 Cypress Canyon Road
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11944 Cypress Canyon Road #3

C

Scripps Ranch, CA 92131

$949,000
NEW — 1d

Soft Appraisal Value: $931,500 · 1.9% above estimate

Beds

3

Baths

2.5

Sqft

1,416

Year Built

1999

Days on Market

1

Property Type

Condo

HOA/mo

$187

MLS ID

PTP2604504

This property is in Scripps Ranch (92131). View neighborhood stats →

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About This Property

Welcome to 11944 Cypress Canyon Road #3 — a fully remodeled 3-bedroom, 2.5-bathroom condo in the highly sought-after Cypress Canyon community of San Diego, CA 92131. Offering 1,416 square feet of beautifully upgraded living space, this turn-key home delivers the modern finishes, community amenities, and prime location that today's buyers are searching for. FULLY REMODELED INTERIOR: Every inch of this condo has been thoughtfully renovated from top to bottom. The open-concept main level features a chef-inspired kitchen with quartz countertops, new shaker cabinetry, and stainless steel appliances that flows seamlessly into a bright dining and living area. Wide-plank flooring, recessed lighting, updated fixtures, and designer finishes throughout create a modern, elevated aesthetic that feels brand new without the new construction price tag. SPACIOUS 3-BEDROOM FLOOR PLAN: Upstairs, the generous primary suite serves as a true retreat with a spa-style en-suite bathroom, dual vanity, and a walk-in closet. Two additional bedrooms are well-sized — ideal for a home office, guest room, or growing family. A stylishly updated full bathroom serves the secondary bedrooms, and a convenient powder room on the main level rounds out the layout. In-unit laundry with electric dryer hookup and in-closet washer/dryer space adds everyday ease. COMFORT & EFFICIENCY: Stay cool year-round with central air conditioning. The 1999-built building has been well maintained and the HOA keeps common areas in excellent condition. CYPRESS CANYON HOA — RESORT AMENITIES: The Cypress Canyon Homeowners Association ($187/month) offers a lifestyle upgrade at an affordable monthly cost. Amenities include a community pool, BBQ and outdoor cooking areas, controlled gate access for security, beautifully landscaped grounds with professional maintenance, and pet-friendly policies. The HOA covers management, common area upkeep, and trash — delivering a truly low-maintenance ownership experience. SCRIPPS RANCH LOCATION — 92131: Positioned in one of San Diego's most desirable suburban zip codes, this condo puts you minutes from the I-15 and SR-56 interchange, Scripps Ranch Marketplace, Costco, Vons, and a diverse mix of restaurants, coffee shops, and retail. Top-rated schools within the San Diego Unified School District serve the area, making this an excellent choice for families. Easy access to Sorrento Valley, UTC, Miramar, and downtown San Diego makes this location ideal for professionals working throughout the region. WHO THIS HOME IS PERFECT FOR: First-time buyers seeking a move-in ready San Diego condo. Relocating professionals who want Scripps Ranch quality without a detached home price. 1031 exchange investors targeting strong rental demand in 92131. Buyers downsizing from a larger home who still want space, style, and community. FINANCING: Conventional, FHA, VA, and cash financing all welcome. Contact listing agent for pre-approval referrals. Don't miss this rare opportunity to own a fully remodeled condo in one of San Diego's most consistently in-demand communities. SentriLock on front door — schedule your private showing today.

Mortgage Calculator

Est. Monthly Payment

$6,211

Principal & Interest$4,799
Property Tax$949
Insurance$277
HOA$187
%($189,800)
%

Location

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Investment Score

18D
Est. Monthly Rent
$3,773
Monthly Cashflow

Rent − PITIA

$-2,439
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,097

Mortgage (P+I)
$4,799
Cap Rate
0.89%
Cash-on-Cash
-25.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$9,094

NOI (Annual)
$8,417
Price-to-Rent

Lower = better for investors

21.0

* 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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