1551 Fairway
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1551 Fairway

D

Encinitas, CA 92024

$2,290,000
NEW — 0d

Beds

3

Baths

2.5

Sqft

2,500

Year Built

2002

Days on Market

0

Property Type

Single Family

HOA/mo

$315

MLS ID

NDP2603931

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

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About This Property

Ideally situated in the highly sought-after Encinitas Ranch community, this beautifully appointed 3-bedroom, 2.5-bath home offers exceptional flexibility with two additional bonus spaces—a spacious loft and a dedicated office—providing multiple options for additional bedrooms, guest space, or private work areas. The thoughtful layout allows the home to live like a 4- to 5-bedroom residence, adapting effortlessly to a variety of lifestyle needs. Enjoy an exceptional setting overlooking the 5th hole of the prestigious Encinitas Ranch Golf Course—an 18-hole championship course set along coastal bluffs, known for its lush fairways, scenic elevation changes, and refreshing ocean breezes. The home is thoughtfully positioned to capture both privacy and picturesque views, creating a peaceful backdrop for everyday living and entertaining. Inside, the home offers a bright and open floor plan filled with natural light, seamlessly connecting the main living areas. The kitchen flows effortlessly into the family room, creating a warm and inviting environment for gatherings. A standout feature of the home is the downstairs office with its own private door to the front patio, offering incredible flexibility as a potential guest suite, private workspace, or optional bedroom with separate access—ideal for multigenerational living, remote work, or hosting visitors. Upstairs, the spacious primary suite is a true retreat, featuring a peek-a-boo ocean view that brings in coastal breezes and a touch of the Pacific. The additional bedrooms are generously sized, while the expansive loft offers incredible versatility as a media room, playroom, or additional sleeping space. Located just minutes from world-class beaches, top-rated schools, shopping, dining, and all that Encinitas has to offer, this home blends coastal lifestyle with everyday convenience.

Mortgage Calculator

Est. Monthly Payment

$14,852

Principal & Interest$11,579
Property Tax$2,290
Insurance$668
HOA$315
%($458,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,255
Monthly Cashflow

Rent − PITIA

$-8,597
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,944

Mortgage (P+I)
$11,579
Cap Rate
-0.19%
Cash-on-Cash
-31.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$21,767

NOI (Annual)
$-4,380
Price-to-Rent

Lower = better for investors

30.5

* 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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