121 Avenida Esperanza

121 Avenida Esperanza

D

Encinitas, CA 92024

$3,649,000

Soft Appraisal Value: $3,538,100 · 3.1% above estimate

Beds

5

Baths

5

Sqft

3,529

Year Built

2020

Days on Market

30

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005405SD

Description

A 2020-built modern farmhouse in sought-after West Olivenhain, this custom estate blends industrial-inspired architecture with refined contemporary design on a large private lot. Designed for seamless single-level living, the home offers 1,150 sq.ft. of covered outdoor space overlooking a resort-style pool and spa. Dramatic ceilings, Fleetwood and LaCantina doors, and premium Marvin windows create effortless indoor–outdoor flow throughout the open-concept living spaces and chef’s kitchen. The thoughtful layout features a private primary suite and two bedrooms—including an office with separate entrance—on one wing, with two additional en-suite bedrooms on the opposite side. Resort-style amenities include smart home technology, integrated indoor/outdoor surround sound speakers, EV chargers, an oversized garage, and expansive grounds with an outdoor kitchen, lawn, and space for a garden or orchard. A dedicated wellness retreat features a Hume sauna system, Core Chill Blue Cube cold plunge, shower, heated towel bar, plus an additional ~150 sq.ft. space with a half bath and outdoor shower. Additional upgrades include InfraTech outdoor heaters, additional solar panels, solar tubing for the saltwater pool, whole-home water filtration, and security cameras—all controllable from your phone. The home also offers new custom primary closets and electric blinds throughout, completing this exceptional modern coastal retreat.

Mortgage Calculator

Est. Monthly Payment

$23,165

Principal & Interest$18,451
Property Tax$3,649
Insurance$1,064
%($729,800)
%

Investment Score

3D
Est. Monthly Rent
$14,407
Monthly Cashflow

Rent − PITIA

$-8,757
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,112

Mortgage (P+I)
$18,451
Cap Rate
1.10%
Cash-on-Cash
-24.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$34,033

NOI (Annual)
$40,075
Price-to-Rent

Lower = better for investors

21.1

* 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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