
16238 Via Del Alba
Dbottom 20%Rancho Santa Fe, CA 92067
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$24,088/mo full cashflow at 20% down, 7.43% rate.
Works at $858,763 (79% under asking); even all cash loses money at asking.
Rent $9,247/mo from 11 leases of 2–4 bed houses within 1 mi, same school area ($8,926–$13,289).
Beds
3
Baths
3
Sqft
2,850
Year Built
1975
Days on Market
58
Property Type
Single Family
HOA/mo
$525
MLS ID
NDP2608568
This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →
About This Property
Classic & timeless Herb Turner masterpiece lookout home (Google 'Herb Turner architect'). Incredibly private & quiet location within the Covenant with STUNNING VIEWS & massive (2bed/2bath) detached guesthouse with phenomenal rental income potential. Sun-kissed southwest orientation, expansive view deck off main floor, specimen palms, avocado trees, & citrus. Home, built in 1975, has 3 beds, 2 baths and a toilet and shower in garage and is in original/vintage condition and impeccably maintained. Guest House was built in 1991 and has excellent separation from main house. 2015 Engineering report, 2015 Property Inspection Report, 2015 Roofing Inspection, 2026 Septic inspection & certification, and 2026 Prelim Title Report available for you under the "Documents Tab". Please provide to your clients before showing. Propose clients reviewing reports before scheduling a showing. Come armed knowing as much about the home as everyone else in the room. 2,850sf represents Tax Assessor square feet and true square feet of main home and guest house unknown. Buyer encouraged to verify all information and complete their own due diligence before removing contingencies. Buyer to pay $.15 per every $100 of assessed value. $525 HOA fee represents the approximate Association fee that would be paid monthly at this existing list price although RSF Association fees are paid not monthly but bi-annually (similar to property taxes). Herb Turner eventually began studying architecture with esteemed architect John Lloyd Wright, son of legend Frank Lloyd Wright, as his apprentice. That led to a long career as an architect who championed the green building process long before it became trendy. Turner called this “Terramonics,” a holistic approach to architecture and landscape that emphasizes the interaction between interior and exterior spaces. “He always looked at the landscape first and then designed in a way that was sensitive to the environment,” said Danielle Susalla, director of exhibitions and communications at the Oceanside Museum of Art, where Turner’s work was featured. “He was sensitive to the terrain, directional light and even the water runoff. He would always recommend to clients that they buy the property with the best view and he would make the building fit the space.”
Mortgage Calculator
Est. Monthly Payment
$27,879
Location
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Zoned Schools
Elementary
R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary
Middle
R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$9,247
Comp Average
$9,430

5851 Saratoga Corte
3bd / 3.5ba · 3,220 sqft · Single Family
$3.00M
Est. $9,753/mo
17543 Rancho Del Rio
4bd / 3.5ba · 2,668 sqft · Single Family
$3.65M
Est. $10,159/mo

16551 Zumaque
4bd / 3ba · 2,960 sqft · Single Family
$3.75M
Est. $10,700/mo

6015 Paseo Valencia
4bd / 3.5ba · 2,886 sqft · Single Family
$4.99M
Est. $7,340/mo
6113 El Tordo
4bd / 4.5ba · 2,455 sqft · Single Family
$4.13M
Est. $9,200/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 2–4 bed houses within 1 mi, same school area · $8,926–$13,289
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$24,088/mo short at 20% down; +$31,283/mo rent closes it.
- Break-even price
- $858,763
- Break-even rent
- $40,530/mo
- Cashflow at 35% down
- −$19,927/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
79% under asking
$31,283/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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