1507 Lower Lake Court
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1507 Lower Lake Court

D

Cardiff-by-the-Sea, CA 92007

$1,075,000
NEW — 1d

Beds

3

Baths

2

Sqft

1,040

Year Built

1974

Days on Market

1

Property Type

Duplex

HOA/mo

$234

MLS ID

OC26094097

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

About This Property

Welcome to 1507 Lower Lake Ct, a beautifully refreshed single-story home in the highly desirable coastal community of Cardiff by the Sea. Offering 3 bedrooms, 2 bathrooms, and 1,040 sqft of thoughtfully updated living space, this light-filled residence blends clean modern finishes with a comfortable, easy-living layout. Step inside to fresh interior updates throughout, highlighted by wide-plank flooring, crisp white walls, and abundant natural light streaming through large windows and sliding glass doors. The open-concept living area features a cozy fireplace as its centerpiece — a warm, inviting space to relax or gather. The adjacent kitchen has been tastefully updated with white shaker cabinetry, quartz countertops, stainless steel appliances, and a sleek black faucet, all overlooking the backyard for effortless indoor-outdoor flow. The layout delivers excellent functionality with three well-sized bedrooms, including a spacious primary suite with its own private bath and ample closet space. Step outside to a private backyard with a patio — perfect for dining, entertaining, or enjoying the coastal breeze, with plenty of room to create a private oasis or garden. The attached two-car garage and quiet cul-de-sac location add convenience, curb appeal, and privacy. Live the Cardiff Lifestyle. Cardiff by the Sea is one of North County San Diego's most coveted coastal villages — a tight-knit beach town defined by world-class surf, sweeping ocean views, and a relaxed Highway 101 lifestyle. Just minutes from Cardiff State Beach, San Elijo State Beach, and the iconic Cardiff Reef. Walk or bike to the San Elijo Lagoon Ecological Reserve, or stroll Cardiff's celebrated "Restaurant Row" along the 101, home to local favorites like Pipes Cafe, Lofty Coffee, and Seaside Market's renowned Cardiff Crack. Encinitas Ranch Golf Course and downtown Encinitas are just minutes away. Schools. Served by the highly regarded Cardiff School District (Cardiff Elementary and Ada Harris Elementary — both top-rated in San Diego County) and the award-winning San Dieguito Union High School District, including Oak Crest Middle and San Dieguito Academy (per district boundaries — buyer to verify). With easy access to I-5, the Coaster commuter rail, and just 25 minutes to downtown San Diego, this home delivers turnkey coastal living, top-tier schools, and one of Southern California's most loved beach lifestyles — all from a quiet Cardiff cul-de-sac. Call your Realtor to schedule a tour!

Mortgage Calculator

Est. Monthly Payment

$7,058

Principal & Interest$5,436
Property Tax$1,075
Insurance$314
HOA$234
%($215,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,763
Monthly Cashflow

Rent − PITIA

$-3,296
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,057

Mortgage (P+I)
$5,436
Cap Rate
0.42%
Cash-on-Cash
-28.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$10,331

NOI (Annual)
$4,544
Price-to-Rent

Lower = better for investors

23.8

* 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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