13515 Essence Rd
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13515 Essence Rd

D

Rancho Bernardo, CA 92128

$1,575,000
NEW — 0d

Soft Appraisal Value: $1,539,400 · 2.3% above estimate

Beds

4

Baths

3

Sqft

1,988

Year Built

1995

Days on Market

0

Property Type

Single Family

HOA/mo

$62

MLS ID

260012412SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

About This Property

Welcome to the highly sought-after Walden community in Carmel Mountain Ranch, where scenic views, generous living spaces, and effortless indoor-outdoor living come together beautifully. Tucked at the end of a quiet cul-de-sac on an expansive pie-shaped lot, this exceptional home captures sweeping vistas of the valley and surrounding hills. Soaring ceilings and walls of windows fill the formal living and dining areas with natural light, creating a bright and welcoming atmosphere throughout. The spacious kitchen is designed for both everyday living and entertaining, featuring a 6-burner gas range, expansive granite countertops, center island with breakfast bar seating, and seamless connection to the cozy family room with a dual-sided fireplace. A desirable first-floor bedroom and full bath offer flexibility for guests, multigenerational living, or a private home office, while a separate laundry room adds convenience. Step outside to your own backyard retreat designed for relaxing and entertaining year-round. Enjoy the custom 10-person spa with integrated water feature, outdoor kitchen with grill and bar seating, gas fire pit, and numerous sitting areas perfect for gatherings or quiet evenings under the stars. Upstairs, the expansive primary suite features vaulted ceilings, breathtaking panoramic views, and a spa-inspired bath with dual vanities, soaking tub, custom walk-in shower, and oversized walk-in closet with custom organizers. Additional highlights include 18 OWNED solar panels, central A/C and heat, plantation shutters, low-maintenance landscaping, abundant storage, and a spacious 3-car attached garage. Located within the award-winning Poway Unified School District and just moments from scenic hiking and biking trails leading to Frog Lake and the Meadowbrook Ecological Reserve, plus shopping, dining, parks, major commuter routes, and approximately 20 minutes to the beaches of Del Mar. Homes like this in Walden rarely come available.

Mortgage Calculator

Est. Monthly Payment

$10,060

Principal & Interest$7,964
Property Tax$1,575
Insurance$459
HOA$62
%($315,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,991
Monthly Cashflow

Rent − PITIA

$-5,069
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,529

Mortgage (P+I)
$7,964
Cap Rate
0.33%
Cash-on-Cash
-28.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$14,770

NOI (Annual)
$5,215
Price-to-Rent

Lower = better for investors

26.3

* 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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