1234 Oribia Road
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1234 Oribia Road

C

Del Mar, CA 92014

$3,650,000
NEW — 3d

Beds

5

Baths

2

Sqft

2,310

Year Built

1964

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015783SD

This property is in Del Mar (92014). View neighborhood stats →

About This Property

This single-level recently remodeled mid-century residence sits in a hidden pocket of rural Del Mar where inventory is virtually non-existent. Set on 1.38 acres, the house delivers unmatched privacy, serious design cred with Terrazzo floors and protected views of Crest Canyon. A site-specific blueprint leverages light, flow and a singular Del Mar landscape with trail access to San Dieguito Lagoon. Imagine 60,000 SQFT of endless possibilities: ADU, Pool, Pickleball, and equestrian amenities with zoning for one horse. Tucked within one of Del Mar’s most secluded rural enclaves, this iconic mid-century residence offers a rare opportunity to own 1.38 acres of privacy, nature, and possibility just minutes from the coast. Framed by protected views of Crest Canyon and surrounded by a landscape that feels worlds away from the ordinary, the single-level home embraces a timeless architectural aesthetic with terrazzo floors, expansive glass, and a seamless connection to the outdoors. A thoughtfully designed site plan captures natural light, effortless flow, and the beauty of the surrounding environment, while direct trail access to the San Dieguito Lagoon invites a lifestyle rooted in recreation and exploration. The property’s expansive, usable acreage presents exceptional opportunities for future enhancements, including an ADU, pool, pickleball court, or equestrian amenities, with zoning allowing for one horse. Offering an uncommon blend of architectural character, land value, privacy, and proximity to Del Mar Village, beaches, and top-rated schools, this is a property that rarely becomes available and is unlikely to be replicated.

Mortgage Calculator

Est. Monthly Payment

$23,171

Principal & Interest$18,456
Property Tax$3,650
Insurance$1,065
%($730,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$9,501
Monthly Cashflow

Rent − PITIA

$-13,670
Full Cashflow

Incl. vacancy, PM, maint, capex

$-18,897

Mortgage (P+I)
$18,456
Cap Rate
-0.14%
Cash-on-Cash
-31.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$34,043

NOI (Annual)
$-5,291
Price-to-Rent

Lower = better for investors

32.0

* 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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