1652 Clearwater Place
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1652 Clearwater Place

D

Encinitas, CA 92024

$1,649,000
NEW — 1d on market

Beds

3

Baths

2

Sqft

1,335

Year Built

1985

Days on Market

1

Property Type

Single Family

HOA/mo

$194

MLS ID

NDP2603373

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

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About This Property

Tucked on a quiet cul-de-sac in the heart of Encinitas, this single-story home showcases high-end craftsmanship in every detail, thoughtfully designed by Salthouse Collective. Vaulted ceilings create an open living space complemented by wide-plank flooring throughout. The chef's kitchen features custom cabinetry, quartzite countertops, matching Café smart appliances, and a dramatic full-height slab backsplash. Both bathrooms are magazine-worthy, showcasing Zellige Moroccan tile, Kohler fixtures, brushed brass hardware, and custom vanities. Step outside to a private backyard oasis with low maintenance turf, a built-in BBQ island, firepit, and low-volt landscape lighting that creates the perfect setting for Southern California living. Additional features include a gas-burning fireplace wrapped in natural quartzite, new Carrier two-stage heat pump with A/C, all-new ductwork, smart thermostat, inside laundry closet, 2-car attached garage, no Mello-Roos and low HOA fees. Seagate Village community offers a pool, hot tub, tennis/pickleball court, and playground. Zoned for top-rated schools: Flora Vista Elementary, Diegueno Middle School, and La Costa Canyon High School. Ideally located just minutes from the beach, with easy access to local dining, shopping, and everything Encinitas has to offer. Buyer and buyer’s agent to verify all in MLS prior to COE.

Mortgage Calculator

Est. Monthly Payment

$10,662

Principal & Interest$8,338
Property Tax$1,649
Insurance$481
HOA$194
%($329,800)
%

Location

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Investment Score

2D
Est. Monthly Rent
$5,772
Monthly Cashflow

Rent − PITIA

$-4,890
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,592

Mortgage (P+I)
$8,338
Cap Rate
0.54%
Cash-on-Cash
-27.62%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$15,632

NOI (Annual)
$8,955
Price-to-Rent

Lower = better for investors

23.8

* 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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