14040 Iris Lane
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14040 Iris Lane

Ctop 80%

Poway, CA 92064

$2,555,555

Pass at asking: -$13,791/mo full cashflow at 20% down, 7.49% rate.

Works at $767,460 (70% under asking), or at 98% down.

Rent $7,688/mo from 12 leases of 4–6 bed houses within 2 mi ($6,529–$7,619).

Beds

5

Baths

4.5

Sqft

4,720

Year Built

2005

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2607078

This property is in Poway (92064). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this spectacular Poway estate, where breathtaking views, resort-style living, and exceptional versatility come together. Perched against a stunning mountain backdrop, this extraordinary 5-bedroom, 4.5-bath residence offers an unparalleled blend of privacy, space, and indoor-outdoor living. With three additional bonus rooms, a salt water infinity pool and spa, expansive entertaining areas, a basketball court, dedicated dog run, and abundant RV and boat parking, this is a property designed to elevate everyday living. Step through the dramatic double entry doors and into a grand formal living and dining area framed by soaring ceilings and sweeping mountain views. Beyond, the home opens into an inviting great room where the chef’s kitchen takes center stage, featuring a generous center island, dining nook, and warm fireplace—creating the perfect setting for everything from casual family mornings to unforgettable gatherings. The luxurious primary suite is conveniently located on the main level, offering a private retreat with its own balcony and breathtaking vistas. The spa-inspired primary bath features an oversized soaking tub and expansive walk-in shower, creating a serene escape at the end of the day. Four additional bedrooms provide exceptional flexibility. Two feature private en-suite bathrooms, while the remaining two share a convenient Jack-and-Jill bath. The home’s three bonus rooms take versatility to another level: one is currently styled as a sophisticated home office, another includes a built-in kitchenette and laundry and can function beautifully as a junior ADU guest suite or multi-generational living space, and the third is outfitted as a home gym and dance studio. Then step outside—and prepare to be impressed. The backyard is a private resort of its own, featuring an outdoor kitchen, expansive deck, covered patio, salt water infinity pool, and spa, all set against the dramatic mountain scenery. Whether hosting a summer celebration, enjoying a quiet sunset, or gathering with family and friends, this outdoor space was made for memorable moments. The amenities continue around the property. A dedicated basketball court provides space to play, while a fully fenced dog run gives four-legged family members room to roam. The attached three-car garage offers generous storage/workshop and convenient access directly into the kitchen, making everyday unloading effortless. An expansive driveway provides ample room for multiple vehicles, plus RV hookup and boat parking. Tucked away in a setting that delivers exceptional privacy while remaining close to everything Poway has to offer, this remarkable estate combines space, flexibility, recreation, and resort-style living in one unforgettable package. And with access to award-winning Poway Unified School District schools, the lifestyle extends well beyond the walls of the home. Private. Panoramic. Resort-inspired. Exceptionally versatile. This is Poway living at an extraordinary scale. No HOA. No Mello Roos. The home was appraised at $2,895,000 - offering exceptional value and unbeatable price per square foot.

Mortgage Calculator

Est. Monthly Payment

$17,582

Principal & Interest$14,281
Property Tax$2,556
Insurance$745
%($511,111)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Midland Elementary · grades K-5 · Poway Unified

  • Middle

    Twin Peaks Middle · grades 6-8 · Poway Unified

  • High

    Poway High · grades 9-12 · Poway Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

4C
Est. Monthly Rent
$7,688

12 leases of 4–6 bed houses within 2 mi · $6,529–$7,619

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$9,894
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,791

What would make this work?

$13,791/mo short at 20% down; 98% down or +$17,911/mo rent closes it.

Break-even price

70% under asking

$767,460
Break-even rent

$17,911/mo above the estimate

$25,599/mo
Cashflow at 35% down
−$11,114/mo
Down payment to break even

$2,504,444 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$14,281
Cap Rate
0.41%
Cash-on-Cash
-32.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)
$10,488
Price-to-Rent

Lower = better for investors

27.7

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$13,791/mo