12366 Carmel Country Rd
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12366 Carmel Country Rd #207

D

Carmel Valley, CA 92130

$970,000

Soft Appraisal Value: $608,900 · 59.3% above estimate

Beds

3

Baths

2

Sqft

1,145

Year Built

2003

Days on Market

76

Property Type

Condo

HOA/mo

$480.35

MLS ID

260003670SD

This property is in Carmel Valley (92130). View neighborhood stats →

About This Property

Welcome home to this beautifully upgraded two bedroom plus private den/office corner residence in the gated community of The Heights, thoughtfully designed for seeking comfort, convenience, and access to top tier schools. Located in one of San Diego’s most desirable school districts, this home offers the rare advantage of having the elementary, middle, and high schools just steps away. Morning drop offs become easy and after school activities are effortlessly accessible. Inside, the home is filled with natural light throughout the day, creating a warm and uplifting atmosphere. As a corner unit, you will enjoy added privacy along with peaceful tree views from every window. The flexible third room offers the perfect space for a home office, study area, playroom, or guest room. The kitchen is both stylish and functional, featuring Brazilian granite countertops with elegant pendant lighting, stainless steel appliances including a newer refrigerator, and a Spanish stone backsplash that extends to the fireplace. Recessed LED dimmer lighting throughout, interior designer paint, and flooring with no carpet deliver a clean and modern feel that is easy to maintain. Central HVAC ensures year round comfort. The Heights offers resort style amenities where you will enjoy a pool, spa, clubhouse, and fitness center. The HOA covers water and trash. Parking is convenient with a private garage plus an additional assigned space nearby. Enjoy close proximity to shopping, groceries, and restaurants in One Paseo and Del Mar Highlands and Carmel Valley Recreation Center and library nearby. Just minutes to I-805, I-5, and 56 freeway and the beautiful beaches of Del Mar/Torrey Pines. A rare opportunity to own a bright and private corner residence in Carmel Valley, where top rated schools, inviting surroundings, and everyday convenience come together to create the ideal lifestyle.

Mortgage Calculator

Est. Monthly Payment

$6,638

Principal & Interest$4,905
Property Tax$970
Insurance$283
HOA$480
%($194,000)
%

Location

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Investment Score

16D
Est. Monthly Rent
$4,149
Monthly Cashflow

Rent − PITIA

$-2,489
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,252

Mortgage (P+I)
$4,905
Cap Rate
0.81%
Cash-on-Cash
-26.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,671

NOI (Annual)
$7,837
Price-to-Rent

Lower = better for investors

19.5

* 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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