
1651 Bella Laguna Court
Dbottom 20%Encinitas, CA 92024Neighborhood: Leucadia
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 3, 2026.
None of the 22 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$27,369/mo full cashflow at 20% down, 7.49% rate.
Works at $951,534 (79% under asking); even all cash loses money at asking.
Rent $9,844/mo from 24 leases of 4–6 bed houses within 2 mi ($8,118–$11,441).
Beds
5
Baths
4.5
Sqft
4,576
Year Built
2000
Days on Market
45
Property Type
Single Family
HOA/mo
$240
MLS ID
260022956SD
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Views! Views! Views! An extraordinary coastal setting meets refined Southern California living at 1651 Bella Laguna Court, tucked within the exclusive gated enclave of Pacific Crest. Set on approximately 1.2 acres, this impressive estate enjoys expansive views in multiple directions, with beautiful ocean views from the front of the home and sweeping vistas of local canyons, open space and distant mountains to the rear. The approximately 4,576-square-foot residence offers five bedrooms and 4.5 baths, with generously proportioned living spaces, a private primary retreat, office, bonus room and a convenient main-level ensuite bedroom. Designed for seamless indoor-outdoor living, the residence extends to an exceptional backyard retreat featuring a solar-heated pool, spa and water feature, complemented by a built-in BBQ with generous counter space within an L-shaped island covered by a shade structure. The expansive grounds create an uncommon combination of privacy, scale and indoor-outdoor living. Ideally positioned in coastal Encinitas, the property offers a rare opportunity to enjoy the tranquility of a private estate while remaining minutes from the beach, world-class golf, shopping, dining and the vibrant communities of coastal North County.
Mortgage Calculator
Est. Monthly Payment
$31,200
Location
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Zoned Schools
Elementary
Capri Elementary · grades K-6 · Encinitas Union Elementary
Middle
Diegueno Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon High · grades 9-12 · San Dieguito Union High
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
$9,844
Comp Average
$11,939
1280 Santa Fe Dr
5bd / 5.5ba · 4,796 sqft · Single Family
$3.40M
Est. $12,647/mo
1432 Enclave Court
5bd / 5.5ba · 5,101 sqft · Single Family
$4.38M
Est. $15,175/mo
3105 Caminito Ricardo
5bd / 4ba · 4,422 sqft · Single Family
$3.40M
Est. $10,739/mo

3448 Bumann Road
5bd / 4.5ba · 4,482 sqft · Single Family
$4.29M
Est. $12,759/mo
3501 Lone Hill Lane
5bd / 4.5ba · 4,575 sqft · Single Family
$3.60M
Est. $8,374/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
24 leases of 4–6 bed houses within 2 mi · $8,118–$11,441
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,369/mo short at 20% down; +$35,544/mo rent closes it.
- Break-even price
- $951,534
- Break-even rent
- $45,388/mo
- Cashflow at 35% down
- −$22,654/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
79% under asking
$35,544/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, 7.49% 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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