1515 Montiel Road
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1515 Montiel Road

C

San Marcos, CA 92069

$979,000
NEW — 1d

Soft Appraisal Value: $975,100 · 0.4% above estimate

Beds

6

Baths

3

Sqft

1,567

Year Built

1979

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

IV26150484

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Stunning upgraded 6BR/3BA home with PAID SOLAR in desirable Deal Estates! Approx. 2,100+ sq. ft. of living space (buyer to verify). Tax records reflect 1,567 sq. ft. This thoughtfully expanded home provides exceptional flexibility for large families, multi-generational living, or guests.The spectacular chef's kitchen is the heart of the home, featuring double ovens, a 5-burner gas cooktop with pot filler, commercial-grade side-by-side refrigerator/freezer, stainless steel appliances, oversized island with breakfast bar and double sink, wet bar with built-in wine rack and beverage refrigerator, and abundant cabinetry.The inviting living room offers a cozy fireplace with custom built-ins, while the dining area opens through French doors to a covered patio for seamless indoor/outdoor living. The spacious primary suite features French doors to the family room, a custom walk-in closet, and a beautifully ensuite bath with a tiled walk-in shower.The flexible floor plan includes 3 bedrooms 2 bath in the front of the home and 2 additional bedrooms with a full bath in the rear, creating an ideal setup for extended family, guest quarters, home office space, or potential ADU conversion (buyer to verify).Additional features include paid solar, Nest thermostat, Nest smoke/carbon monoxide detectors, Rachio Smart irrigation controller, laminate flooring, ceiling fans, mature landscaping, multiple entertaining patios, and a fire pit. A large concrete patio is already stubbed for gas, electrical, and sewer, providing an excellent opportunity for a future outdoor kitchen.The oversized 2-car garage is complemented by driveway parking for 5+ additional vehicles, offering plenty of room for guests, RV, boat, or recreational vehicles.Conveniently located near schools, shopping, restaurants, parks, and with easy access to Highways 78 and I-15.Move-in ready, beautifully upgraded, and priced to sell—this is a rare opportunity with endless possibilities!Buyer and Buyer's Agent are responsible for conducting their own due diligence regarding square footage, permits, room count, bedroom/bathroom configurations, and any potential ADU or conversion possibilities.Property is currently being prepared for market. Professional photographs will be uploaded soon.

Mortgage Calculator

Est. Monthly Payment

$6,215

Principal & Interest$4,950
Property Tax$979
Insurance$286
%($195,800)
%

Location

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Investment Score

28D
Est. Monthly Rent
$4,249
Monthly Cashflow

Rent − PITIA

$-1,966
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,759

Mortgage (P+I)
$4,950
Cap Rate
1.46%
Cash-on-Cash
-23.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$9,131

NOI (Annual)
$14,291
Price-to-Rent

Lower = better for investors

19.2

* 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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