12902 Biscayne Cove
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12902 Biscayne Cove

D

Del Mar, CA 92014

$3,250,000
NEW — 0d on market

Beds

5

Baths

3

Sqft

2,729

Year Built

2005

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006784SD

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

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About This Property

At the end of a quiet cul-de-sac in the Del Mar hills, this reimagined coastal retreat offers a rare combination of privacy, scale, and possibility. Set on one of the largest residential lots in the neighborhood and elevated above the streets below, the home is surrounded by treetops and soft eastern light, creating a sense of calm that is increasingly hard to find this close to the coast. Thoughtfully transformed with over $400,000 in high-quality upgrades, additions, and renovations, the home lives with ease. The layout is open and modern, centered around a chef’s kitchen and designed for connection, comfort, and flexibility. Spaces adapt naturally to daily living, entertaining, or working from home. A separate office with its own entrance offers an ideal guest suite, studio, or optional fifth bedroom. Outside, the property lives like a private park, with lush landscaping, outdoor kitchen, fire pit, covered lounge, and multiple gathering areas that make everyday living feel like a getaway. The usable grounds invite imagination: expand the home, create a pool retreat, plant a vineyard or citrus grove, or bring to life the previously approved ADU vision with a three-car garage. Minutes from Torrey Pines State Beach and Park, the golf course, Del Mar Village, and the Racetrack, with easy access north and south, this is a quiet sanctuary at the center of it all—close to some of the state’s top-ranked public and private schools. Opportunities like this are few and far between in Del Mar—this is where space, privacy, and possibility finally come together.

Mortgage Calculator

Est. Monthly Payment

$20,632

Principal & Interest$16,434
Property Tax$3,250
Insurance$948
%($650,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$11,375
Monthly Cashflow

Rent − PITIA

$-9,257
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,581

Mortgage (P+I)
$16,434
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$30,312

NOI (Annual)
$22,229
Price-to-Rent

Lower = better for investors

23.8

* 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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