16610 El Zorro

16610 El Zorro

Dbottom 20%

Rancho Santa Fe, CA 92067

$6,250,000
NEW — 0d
STR: check · HOA rules unknown · TOT 8%

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: -$34,950/mo full cashflow at 20% down, 7.43% rate.

Works at $1,699,387 (73% under asking); even all cash loses money at asking.

Rent $16,955/mo from 12 leases of houses within 1 mi, size-adjusted ($14,171–$20,799).

Beds

6

Baths

6.5

Sqft

6,802

Year Built

2006

Days on Market

0

Property Type

Single Family

HOA/mo

$3

MLS ID

260026686SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

About This Property

Set behind private gates on more than two acres in the prestigious Rancho Santa Fe Covenant, this exceptional single-level Spanish estate offers timeless architecture, artisan craftsmanship, and sweeping west-facing views. Extensively reconstructed in 2006 under architect Max Wuthrich, the approximately 6,800-square-foot estate features six bedrooms, five full and three half bathrooms between the main residence and separate two-bedroom guest house. A wrought-iron gate opens to a private courtyard with terracotta pathways and mature palms. Beyond the mesquite entry door, the dramatic great room showcases soaring vaulted ceilings, exposed Douglas fir beams, hand-adzed woodwork, and a carved limestone fireplace. Distinctive details include a hand-stenciled dining room ceiling, mahogany china cabinets with leaded glass, cotto tile, walnut flooring, custom alder cabinetry, and hand-painted Malibu tile, with mahogany-interior and incense cedar-exterior windows and doors throughout. The home features a copper range hood, Viking appliances, and a temperature-controlled wine room. Landscaped grounds offer expansive entertaining terraces, a pool, spa, waterfall, private tennis court with pickleball potential, mature citrus trees, owned solar, and spectacular sunset views. Just one mile from Rancho Santa Fe Village, residents enjoy exclusive access to scenic walking and equestrian trails, RSF Golf and Tennis Clubs, and the acclaimed Rancho Santa Fe School District. A rare opportunity for architectural distinction, privacy, and the quintessential Rancho Santa Fe lifestyle.

Mortgage Calculator

Est. Monthly Payment

$42,797

Principal & Interest$34,721
Property Tax$6,250
Insurance$1,823
HOA$3
%($1,250,000)
%
Loan Term

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.

Investment Score

1D
Est. Monthly Rent
$16,955

12 leases of houses within 1 mi, size-adjusted · $14,171–$20,799

Monthly Cashflow

Rent − PITIA

-$25,842
Full Cashflow

Incl. vacancy, PM, maint, capex

-$34,950

What would make this work?

$34,950/mo short at 20% down; +$45,390/mo rent closes it.

Break-even price

73% under asking

$1,699,387
Break-even rent

$45,390/mo above the estimate

$62,345/mo
Cashflow at 35% down
−$28,440/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$34,721
Cap Rate
0.12%
Cash-on-Cash
-33.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.40

NOI (Annual)
$7,425
Price-to-Rent

Lower = better for investors

30.7

* 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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DCashflow−$34,950/mo