1551 Burgundy Rd
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1551 Burgundy Rd

D

Encinitas, CA 92024

$2,999,000
NEW — 1d on market

Soft Appraisal Value: $2,921,000 · 2.7% above estimate

Beds

4

Baths

3

Sqft

2,307

Year Built

1974

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009059SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Designed for how you live! A rare opportunity to own a design-forward home with functionality, and a magazine-worthy aesthetic. Beyond what you see, this home is built around what you feel: comfort, ease, & confidence supported by major upgrades like a new roof, new HVAC, new electrical panel, owned solar, fruit trees, & a garden for home-grown fresh produce. The cherry on top: your own space for pickleball with court lights for evening matches! Both levels have their own entrance, are wheelchair accessible, & have fully fenced outdoor spaces. The main level boasts a dramatic great room flooded with natural light, & peekaboo ocean views. A wraparound balcony offers multiple seating areas & outdoor dining. The primary retreat features balcony access, a walk-in closet, & a spa-like bathroom. Downstairs is ideal for guests, multigenerational living, or a home-based business. It offers great versatility with 2 bedrooms, its own living room, outdoor space, & parking. The 4th bedroom includes a bonus space, perfect for an office, home gym, media room, or whatever fits! Schools are ranked amongst the highest for test scores, student progress, and college readiness, with Capri Elementary & parks just a short walk away. 2 miles to the beach & Encinitas’ 101, with top restaurants, boutique gyms & shops. With 1551 Burgundy Rd, you are buying more than a home. You are buying a lifestyle.

Mortgage Calculator

Est. Monthly Payment

$19,038

Principal & Interest$15,165
Property Tax$2,999
Insurance$875
%($599,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,229
Monthly Cashflow

Rent − PITIA

$-11,810
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,971

Mortgage (P+I)
$15,165
Cap Rate
-0.32%
Cash-on-Cash
-31.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$27,971

NOI (Annual)
$-9,682
Price-to-Rent

Lower = better for investors

34.6

* 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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