121 Via De La Valle

121 Via De La Valle

D

Del Mar, CA 92014

$6,480,000

Beds

4

Baths

4.5

Sqft

3,980

Year Built

2000

Days on Market

29

Property Type

Single Family

HOA/mo

$2,020

MLS ID

NDP2600898

Description

Watch the waves. See the finish line. Set above the sand and the track, this gated Del Mar residence offers nearly 4,000 square feet of living space, panoramic whitewater ocean views, and a unique vantage point of the Del Mar horse races. Fully remodeled with modern coastal vibes, the home works perfectly as a full-time residence or a lock-and-leave retreat. The main level’s great room combines expansive ceilings, oversized viewing windows, and a bar just off the living area—ideal for entertaining. Glass panels open to an ocean-facing patio with uninterrupted views of the Pacific, the Del Mar Beach Colony, and the Del Mar Race Track. Four bedrooms are arranged for privacy, including a top-floor primary retreat with sweeping vistas and a freestanding soaking tub. Additional features include a 600-bottle wine wall, Labradorite countertops that shift color with the light, a spa, and a two-car garage. On race days, the energy of the finish line carries across the track. Step outside and you’re next door to The Brigantine, minutes from Del Mar Dog Beach, and directly across from the shops and galleries of Cedros Avenue. Offered for purchase and for lease, fully furnished and turnkey.

Mortgage Calculator

Est. Monthly Payment

$43,156

Principal & Interest$32,766
Property Tax$6,480
Insurance$1,890
HOA$2,020
%($1,296,000)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$25,564
Monthly Cashflow

Rent − PITI − HOA

$-17,592
Full Cashflow

Incl. vacancy, PM, maint, capex

$-28,872

Mortgage (P+I)
$32,766
Cap Rate
0.72%
Cash-on-Cash
-16.29%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$43,156

NOI (Annual)
$46,731
Price-to-Rent

Lower = better for investors

21.1

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

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