135 Redwood

135 Redwood

D

Carlsbad, CA 92008

$5,900,000
NEW — 2d on market

Beds

6

Baths

5.5

Sqft

4,409

Year Built

2002

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

PW26066248

Description

Welcome to coastal luxury living at its finest in the heart of Carlsbad. This completely renovated and upgraded 6 bedroom, 6 bathroom estate spans approximately 4,400 square feet of thoughtfully designed living space, offering the perfect blend of elegance, comfort, and modern sophistication.  With stunning ocean views and twenty yards from the beach, this home greets you with an abundance of natural light, soaring ceilings, and seamless indoor-outdoor flow.The open-concept floor plan, including ocean views inside and out with glass railings, features a chef’s kitchen equipped with Wolf and Sub-Zero appliances, custom cabinetry, and an oversized island that opens to expansive living and dining areas—ideal for both entertaining and everyday living. Perfect for large families or entertaining. Each bedroom is generously sized, with 2 en-suite bathrooms that have been beautifully updated. The primary suite serves as a private retreat, complete with breathtaking ocean vistas, a spa-inspired bathroom, and a spacious walk-in closet.Outdoor living includes a wrap-around deck, built in Wolf grilling station, outdoor shower, seven on-site parking spots along with a pristine spacious 3-car garage with wall to wall cabinets and overhead storage. In addition to Carlsbad being the #2 ranked public school system in the nation, #4 ranked beach in California and top 15 in the country to raise a family or retire, this exceptional home is walking distance from Michelin starred restaurants, shopping and nightlife, surfing, swimming, kayaking or fishing, and a short drive to LegoLand, world class golf, an airport a train station, offering the ultimate coastal lifestyle. Don’t miss the opportunity to own a turnkey ocean-view masterpiece in one of North County’s most sought-after communities.

Mortgage Calculator

Est. Monthly Payment

$37,454

Principal & Interest$29,834
Property Tax$5,900
Insurance$1,721
%($1,180,000)
%

Comparable Properties

1 comp found

This Property

$9,875

vs

Comp Average

$10,338

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$9,875
Monthly Cashflow

Rent − PITI − HOA

$-27,580
Full Cashflow

Incl. vacancy, PM, maint, capex

$-34,768

Mortgage (P+I)
$29,834
Cap Rate
-1.00%
Cash-on-Cash
-35.36%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$55,028

NOI (Annual)
$-59,207
Price-to-Rent

Lower = better for investors

49.8

* 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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