1602 San Remo Place
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1602 San Remo Place #201

D

Encinitas, CA 92024

$1,649,900

Soft Appraisal Value: $1,597,600 · 3.3% above estimate

Beds

2

Baths

1.5

Sqft

1,021

Year Built

2024

Days on Market

46

Property Type

Townhouse

HOA/mo

$374

MLS ID

NDP2603709

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

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About This Property

Spend summer on the farm! With over 5,000 people on the original waitlist and only a handful of homes in the entire community offering direct farm views, this is a standout opportunity within Fox Point Farms. Perched on a premium corner within this vibrant agrihood in Encinitas, this exceptional end-unit residence captures what so few homes can—sweeping views of both the organic farm and the Pacific Ocean. From its light-filled, elevated vantage point, the home feels open, peaceful, and incredibly private. With its rare corner positioning, every window frames a picturesque outlook, creating a constant connection to the surrounding landscape. A dramatic, light-filled entry sets the tone, anchored by a sculptural designer chandelier and soaring ceilings that immediately draw your eye upward. As an end unit, natural light pours in from multiple exposures, enhancing the home’s airy, coastal feel. Thoughtfully designed to live like a two-bedroom, the spacious loft offers incredible flexibility as a guest space, office, or creative retreat. The interior is richly upgraded with a custom built-in cabinetry wall, woven designer wallpaper in the primary suite, and a boutique-style California Closet system within a large walk-in closet—delivering both elevated design and exceptional functionality. The primary bath is equally refined, featuring black marble flooring in the shower and an upgraded glass enclosure. The kitchen and living areas flow seamlessly to a private outdoor space complete with custom sun-filtering drapery—perfect for effortless indoor-outdoor living while taking in those rare farm-meets-ocean views. Additional enhancements include custom blackout shades, a soft water system, designer lighting and finishes throughout, smart home features, and paid solar for energy efficiency and long-term savings. Beyond the home, life at Fox Point Farms is truly something special. Centered around a 5.5-acre working organic farm, the community blends coastal living with a vibrant, connected lifestyle. Residents enjoy a striking clubhouse with a state-of-the-art fitness center, yoga studio, social lounges, and golf simulator, along with a resort-style pool, spa-inspired outdoor spaces, dog park, community gardens, and scenic walking trails woven through edible landscapes. Just steps away, the village comes alive with local favorites, fitness classes, live music, and regular community events—creating an energy unlike anything else in North County. Ideally located just minutes from Encinitas’ iconic beaches, world-class surf, and premier golf including Encinitas Ranch Golf Course, this home offers the ultimate blend of relaxation and recreation. Whether you’re seeking a full-time residence or the perfect coastal retreat, this home delivers a true getaway experience—where mornings begin with ocean air and farm views, and evenings end with sunset skies and community connection. With extremely limited inventory and high demand, opportunities like this don’t come around often.

Mortgage Calculator

Est. Monthly Payment

$10,848

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
HOA$374
%($329,980)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,783
Monthly Cashflow

Rent − PITIA

$-7,065
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,310

Mortgage (P+I)
$8,343
Cap Rate
-0.70%
Cash-on-Cash
-33.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$15,874

NOI (Annual)
$-11,603
Price-to-Rent

Lower = better for investors

36.3

* 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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