1630 Neptune Avenue
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1630 Neptune Avenue

D

Encinitas, CA 92024

$7,495,000
NEW — 0d

Beds

4

Baths

5

Sqft

3,500

Year Built

1998

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009663SD

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

About This Property

With private stairs leading directly to the beach, this 4BD, 4BA retreat provides access to The Surf, The Sand & The Lifestyle. Set on a 10,119-sqft oceanfront lot w/a sweeping garden patio, experience an exclusive piece of Leucadia’s coastal character. Sophisticated & laid-back, the main level features a seamless flow between the living & dining; upstairs 2 of the 4 bedrooms feature ocean views from the balconies & the primary suite bathtub. Plus: 2-car garage, 4 driveway parking spots, an ocean-view office, tons of storage. Major perk: Walk to the buzzy restaurant scene. Barefoot Luxury | Private steps to The Surf, The Sand & The Lifestyle With private stairs leading to the sand, this beautifully built retreat creates a sense of escapism and spirit of place. Set on a 10,119-sqft oceanfront lot with 50 feet of ocean frontage, the 4BD, 4BA 3,500-sqft house is sophisticated, comfortable—and bragworthy with front-row views of Grandview surf break from the garden patio. To live here is to experience an exclusive piece of Leucadia’s coastal character in walking distance to iconic beaches and a buzzy restaurant scene. Inside, the floorplan is laid-back and inviting, designed for ease of use. The spacious living room features a fireplace and ocean views; upstairs two of the four bedrooms feature balconies and ocean views—including an epic view from the primary suite bathtub. Major perk: 2-car garage and 4 driveway parking spots. Plus: An ocean-view office and abundant storage. The large oceanfront patio features a jacuzzi, grilling area, garden and private stairs, which have been recently reinforced. The property is an immersion of beach vibes and luxury.

Mortgage Calculator

Est. Monthly Payment

$47,580

Principal & Interest$37,899
Property Tax$7,495
Insurance$2,186
%($1,499,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,897
Monthly Cashflow

Rent − PITIA

$-38,683
Full Cashflow

Incl. vacancy, PM, maint, capex

$-46,975

Mortgage (P+I)
$37,899
Cap Rate
-1.45%
Cash-on-Cash
-37.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.19
Break-even Rent
$69,903

NOI (Annual)
$-108,914
Price-to-Rent

Lower = better for investors

70.2

* 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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