14004 Mercado Drive
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14004 Mercado Drive

C

Del Mar, CA 92014

$4,875,000
NEW — 1d

Beds

4

Baths

4.5

Sqft

3,851

Year Built

2003

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013903SD

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

About This Property

Nestled in Del Mar Heights, this refined turn-key four bedroom residence with three car garage offers the perfect blend of luxury, comfort, and coastal living. Tucked behind a privacy gate this home welcomes you with soaring ceilings, light-filled rooms and living spaces that open to tranquil gardens, patio and backyard pool spaces. Refined choices emanate not only with quality but also functionality, all bedrooms feature en-suite bathrooms and walk-in closets. The thoughtful layout maximizes usable space and storage enhancing effortless daily routine. The remodeled chef’s kitchen is the heart of the home, showcasing premium finishes, abundant cabinetry, a fantastic butler’s pantry and a seamless flow into the main living spaces of the home. Rich hardwood floors add warmth and timeless sophistication. A dedicated home office provides the ideal space for remote work, study, or creative pursuits. Steps from the kitchen and family room is the private backyard retreat, where a newly constructed pool with integrated spa is equipped with a premium, load-bearing automatic safety cover, creating a resort-style setting for relaxation and family gatherings year-round. Thoughtfully designed with generous indoor and outdoor living areas this residence makes it easy to enjoy Southern California’s coveted lifestyle. Located just minutes from award-winning schools, pristine beaches, hiking trails, shopping, dining, and all that Del Mar has to offer, this exceptional home presents a rare opportunity to experience coastal living at its finest.

Mortgage Calculator

Est. Monthly Payment

$30,948

Principal & Interest$24,651
Property Tax$4,875
Insurance$1,422
%($975,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,727
Monthly Cashflow

Rent − PITIA

$-22,221
Full Cashflow

Incl. vacancy, PM, maint, capex

$-28,290

Mortgage (P+I)
$24,651
Cap Rate
-0.90%
Cash-on-Cash
-34.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$45,468

NOI (Annual)
$-43,677
Price-to-Rent

Lower = better for investors

46.6

* 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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