12933 Biscayne

12933 Biscayne

D

Del Mar, CA 92014

$2,299,000

Beds

4

Baths

3

Sqft

2,134

Year Built

1972

Days on Market

18

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602060

Description

Perched on an elevated lot in Del Mar, this single-story home offers exceptional privacy while remaining close to the best of coastal living. Mature trees, a wide driveway, and manicured grounds create timeless curb appeal, while sculpted greenery and an arched entry lead along a garden lined approach to a rich wood front door that sets a warm and welcoming tone. Step inside to a defined entry that flows into formal sitting and dining rooms, where vaulted ceilings elevate the space and Plantation shutters softly filter natural light. The kitchen anchors the main living space with a large center island offering storage and seating for three. Rich wood cabinetry pairs beautifully with green granite countertops and a tumbled marble backsplash with decorative inlay. Stainless steel appliances include a built-in KitchenAid refrigerator, GE Cafe dual-oven with French doors, Dacor range with Viking hood, Kenmore dishwasher, and a commercial grade stainless sink. A pantry wall and integrated desk create a functional pass through to the formal dining room. Beyond the kitchen island, a bay window breakfast nook with built in banquette seating overlooking the private backyard. The kitchen flows seamlessly into the family room with matching wood cabinetry, while French doors and a secondary kitchen door create effortless indoor-outdoor living. Down a private hallway, the bedroom wing offers a quiet retreat. The primary suite opens to the backyard and features two wall closets and an en-suite bath with a vanity area and step in shower with a built-in bench. Three secondary bedrooms share two baths, and an interior laundry room connects directly to the garage for everyday convenience. The three-car garage features high ceilings and ample storage, with parking for two vehicles and a third bay converted into a bonus space. Complete with its own window and connected to the home’s heating system, the flexible area is well suited for a den, office, or fitness room. Designed for entertaining and everyday enjoyment, the backyard lives like a private retreat. The spacious patio is anchored by a raised outdoor fireplace and built-in gas barbecue, providing convenient & relaxing gathering spaces. A spa with cascading waterfall serves as a tranquil focal point, while generous hardscape offers room for dining and lounging. Beyond, a grassy lawn, expansive side yard, mature trees, and brick accented walls provide exceptional privacy and space rarely found in Del Mar.

Mortgage Calculator

Est. Monthly Payment

$14,595

Principal & Interest$11,625
Property Tax$2,299
Insurance$671
%($459,800)
%

Investment Score

5D
Est. Monthly Rent
$8,444
Monthly Cashflow

Rent − PITI − HOA

$-6,151
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,009

Mortgage (P+I)
$11,625
Cap Rate
0.84%
Cash-on-Cash
-16.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$14,595

NOI (Annual)
$19,393
Price-to-Rent

Lower = better for investors

22.7

* 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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